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Category: Shutdowns (Institutional)

Posted on March 12, 2025

Swedish Battery Maker Northvolt Collapses, a Blow to Europe

The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing against Asian rivals.
Posted on December 24, 2024

Why Mergers of Carmakers Like Honda and Nissan Often Falter

The Japanese companies are considering joining forces to survive in a rapidly changing auto industry, but auto history is filled with troubled and failed marriages.
Posted on October 18, 2023

For Bill Ford, ‘Every Negotiation Is a Roller Coaster’

The executive chairman of Ford Motor counsels patience as his company negotiates with the United Automobile Workers union, which has shut three of his company’s plants.
Posted on October 6, 2023

U.A.W. Does Not Expand Strikes at Automakers

The United Automobile Workers said on Friday it had secured an important concession from General Motors regarding the contracts of workers at battery factories.
Posted on September 16, 2023

Battle Over Electric Vehicles Is Central to Auto Strike

Carmakers are anxious to keep costs down as they ramp up electric vehicle manufacturing, while striking workers want to preserve jobs as the industry shifts to batteries.
Posted on September 15, 2023

U.A.W. Strike Hits 3 Plants as It Seeks Big Raises and Other Gains

The union targeted one factory run by General Motors, one by Ford and one by Stellantis. Prolonged walkouts could hurt the U.S. economy and President Biden.
Posted on June 27, 2023

Lordstown Motors, an Electric Truck Maker, Files for Bankruptcy

The company bought a shuttered General Motors plant in Ohio but struggled to produce its pickup truck.
Posted on February 14, 2023

Ford Halts Production of Electric Pickup Over Battery Issue

The automaker cited a potential problem with the battery pack of the F-150 Lightning but said it was unaware of any incidents “in the field.”
Posted on January 5, 2023

Tesla Sales in China Slump as Competition Intensifies

Worry about the carmaker’s sales in the world’s largest car market is one reason the shares have plunged.
Posted on December 23, 2022

Jeep Plant Shutdown Imperils Illinois Town and 1,350 Workers

Stellantis plans to idle the factory, which makes the Cherokee, as it shifts to electric vehicles. Labor talks and a union election may be affected.

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