Auto Sector

New U.A.W. Contracts with Ford and GM One of the Best in More than a Decade

New U.A.W. Contracts with Ford and GM One of the Best in More than a Decade

Last week union contracts were ultimately ratified at Ford Motor and General Motors marking the beginning of a new era in the U.S auto industry.

The three Detroit automakers culminated labor talks with the workers union and were among the most generous in about a decade or more. It represented a significant shift from many years of stagnant wages and cuts.

Volkswagen Says Latest Emissions Cheating Allegations from EPA are Baseless

Volkswagen Says Latest Emissions Cheating Allegations from EPA are Baseless

In September, Volkswagen admitted that it illegally installed software in its eleven million diesel cars to cheat the emission test results.

Majority of the UAW Workers Vote Approving the Fiat Chrysler deal

Majority of the UAW Workers Vote Approving the Fiat Chrysler deal

The new agreement between Fiat and UAW proposes to move towards a path that will remove the two-tier wage system gradually over eight years time.

Ferrari IPO Priced at $52 per Share

Ferrari IPO Priced at $52 per Share

The people who always wanted to own a Ferrari may not be able to get a car straight away but now gets a chance to own at least a share of the company.

Volkswagen Scandal Worries the City of Wolfsburg

Volkswagen Scandal Worries the City of Wolfsburg

Wolfsburg, the fifth largest city in the Germany's lower Saxony houses the headquarters of Volkswagen along with one of the largest of the world's car manufacturing factory.

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