Mercedes-Benz workers in Alabama vote against union

United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg | Getty Images Mercedes-Benz workers in Alabama have voted against union representation by the United Auto Workers, the National Labor Relations Board said Friday. The … Read more

Ford names ex-Lucid Motors exec as next CFO, promotes current chief

Ford’s Chief Financial Officer John Lawler and Linda Zhang, chief engineer for the company’s All Electric F-150 Lightning, participate in the opening bell ceremony at the New York Stock Exchange, April 28, 2022. Brendan Mcdermid | Reuters Ford Motor on Friday named the former chief financial officer of electric-vehicle startup Lucid to replace its current … Read more

EV startups Rivian, Lucid, Nikola attempt to shore up cash

R1T trucks on the assembly line at the Rivian electric vehicle plant in Normal on April 11, 2022.  Brian Cassella | Tribune News Service | Getty Images Once-hot electric vehicle startups — years ago fueled by low interest rates, free cash and Wall Street bullishness — are now scrambling to prove they can survive in … Read more

Rivian and Lucid shares plunge after weak EV earnings reports

A Rivian electric truck sits parked in front of a Rivian service center on August 08, 2023 in South San Francisco, California. Justin Sullivan | Getty Images Shares of electric vehicle makers Rivian and Lucid plummeted Thursday after the companies reported disappointing results and stagnant production in their fourth-quarter earnings after the bell Wednesday. Rivian … Read more