News Analysis The plan for Ford Motor Co. and Korean battery partner SK Innovation to build three battery plants in the United States, announced this week, will prompt a furious drive by labor leaders to organize the plants, potentially setting the tone for future union drives at auto industry factories in the U.S. South. The…
Auto Industry Wonders Whether Ford-Sk Battery Plants Will Sport the Union Label
Semiconductor Shortages to Cost Auto Industry $210 Billion in Revenue This Year
The U.S. auto industry is expected to lose $210 billion in revenue this year, according to the latest forecast by the global consulting firm AlixPartners, which projects a “multitude of extraordinary disruptions” in the industry. The industry is facing a loss of 7.7 million units of vehicle production, double the loss of a May forecast…
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