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[ad_1] 2025 Cadillac Escalade V-Series SUV Cadillac DETROIT — General Motors will increase production of its Cadillac Escalade V-Series performance model as part of updates to the flagship SUV for the 2025 model year. The new SUV features a standard 55-inch diagonal display across the dash, including a passenger-only screen; an "executive package" for the second row; power doors; large 24-inch wheels; and other enhancements. "The Escalade has always been about bold American craftsmanship, technology and performance, and has continuously raised the standard of full-size SUV luxury since it was introduced 25 years ago," said John Roth, vice president of Cadillac, in a release. The Escalade is a crucial vehicle for Cadillac — as well as brand parent GM — as the highly profitable flagship of the company's large SUV lineup. GM has led in U.S. market share of full-size SUVs for decades. 2025 Cadillac Escalade Cadillac Many of the design tweaks for the 2025 mode...

[ad_1] The 2025 Chevrolet Equinox RS. Chevrolet DETROIT — General Motors is redesigning its gas-powered Chevrolet Equinox crossover to look more rugged than its predecessors in an attempt to move the vehicle upmarket and attract new buyers. The 2025 Equinox, which GM revealed Tuesday, will feature additional standard safety and convenience features. Brad Franz, director of Chevy car and crossover marketing, said the changes to the Equinox are meant to boost the appeal of the vehicle, which GM introduced about 20 years ago. The compact crossover has grown to be among GM's best-selling vehicles. "It's critically important for us to be introducing this product right now. We feel it's going to be just as important, if not more, than [before]," he said. "We still expect it to be the No. 2 Chevy volume vehicle and, frankly, it plays in the biggest segment in the industry at 22% [market share]. We don't see that declining." Sales of the Equinox have b...

[ad_1] 2025 Chevrolet Corvette ZR1 Coupe with ZTK Performance Package. DETROIT — General Motors' newest Chevrolet Corvette will be the most powerful version of the American sports car ever produced — and it's not even close. The Detroit automaker said Thursday the 2025 Chevy Corvette ZR1 will be powered by a twin-turbocharged, 5.5-liter, V8 engine capable of more than 1,000 horsepower — a first for Corvette — and 828 foot-pounds of torque, placing it among the ranks of supercars that can cost hundreds of thousands of dollars. "This thing pulls like a freight train," Tadge Juechter, Corvette's executive chief engineer since 2006, said during a media event. "We expect this car to be essentially the fastest car we've ever built by a long measure." The prior most-powerful Corvette was GM's last ZR1 for the 2019 model year. It produced 755 horsepower and 715 foot-pounds of torque with a 6.2-liter, V8 supercharged engine. 2025 Chevrolet Corvette ...

[ad_1] 2025 Ram 1500 Ramcharger Tungsten Ram DETROIT — Automaker Stellantis plans to produce an industry-first electric pickup truck called the Ram 1500 Ramcharger that's equipped with an electric generator and a gas engine. If that sounds like an oxymoron, here's how it works: The truck can operate as a zero-emissions EV until its battery dies and an electric onboard generator — powered by a 27-gallon, 3.6-liter V6 engine — kicks on to power the vehicle. The outcome is a truck with the benefits of an EV, such as fast acceleration and some zero-emissions driving, without the range anxiety synonymous with most current electric vehicles, according to Ram CEO Tim Kuniskis. "This is the ultimate answer for the battery-electric truck. No one else has got anything else like it," Kuniskis told reporters during an event. "This is going to be a game changer for battery-electric trucks." The 2025 Ram 1500 Ramcharger is expected to go on sale in late 2024 alongsi...

[ad_1] 2024 Ford Mustang Source: Ford DETROIT — Ford Motor sees opportunity to grow Mustang sales as it becomes the last American muscle car with a traditional V8 engine, playing to generations of gearheads who've been drawn to the performance vehicles. The optimism comes after Mustang's closest American competitors ended production of their muscle cars in December. General Motors stopped producing the Chevrolet Camaro, and Stellantis ended production of its Dodge Challenger V8 ahead of a new all-electric muscle car later this year, followed by gas-powered models with twin-turbo, inline-six engines that are expected in 2025. Their exodus (and that of others in the muscle car market) is the result of changing consumer demand away from two-door cars, as well as tightening fuel economy standards and the emergence of all-electric vehicles capable of unrivaled acceleration. Jeff Marentic, general manager of Ford Blue products, which includes the Mustang, said the pony car ...

[ad_1] A Tesla showroom is seen in the City Center shopping center on January 17, 2023 in Washington, DC. Anna Moneymaker | Getty Images DETROIT — Tesla vehicles in the U.S. are seeing significant price cuts, and that's proving to be a double-edged sword for the electric carmaker and the greater automotive industry. Tesla earlier this month slashed prices of its new cars by as much as 20% , making the vehicles more affordable and likely eligible for federal tax credits . But it also tanks the resale values of cars for current owners and is sending ripple effects through the auto industry. related investing news CEO Elon Musk hasn't directly addressed the price cuts, which are counterintuitive to his claims that the company's cars will be appreciating assets — a rarity for the market aside from classics and collectible vehicles. Analysts say the price cuts suggest Tesla is prioritizing sales over profits, potentially signaling a demand problem. "There's deman...

[ad_1] A United Auto Workers member on a picket line outside the Ford Motor Co. Michigan Assembly plant in Wayne, Michigan, on Sept. 15, 2023. Bloomberg | Bloomberg | Getty Images The Biden administration is no longer sending two key officials to Detroit this week to potentially help broker a deal between striking autoworkers and the Big Three car companies, a White House official told NBC News. President Joe Biden last week said he would dispatch White House senior advisor Gene Sperling and acting Labor Secretary Julie Su to support discussions between the companies and the United Auto Workers union. But the White House and the UAW mutually agreed it would be better to speak virtually via Zoom, the official said Tuesday. Sperling and Su could still go to Detroit next week but there are no firm plans for them to do so, the official added. "We'll continue to assess travel timing based on the active state of negotiations," the White House official said. Biden large...

[ad_1] Lana Payne celebrates on stage as Unifor, Canada's largest private-sector union, announce Payne as their new president to replace outgoing leader Jerry Dias in Toronto, Ontario, Canada, Aug. 10, 2022. Cole Burston | Reuters DETROIT — Canadian union Unifor and Stellantis have reached a tentative agreement early Monday morning, ending a brief strike that began after a deal wasn't reached by 11:59 p.m. Sunday. The Canadian work stoppage involved more than 8,200 autoworkers at several facilities in the Canadian province of Ontario, including two large assembly plants that produce the Chrysler 300 sedan and Pacifica minivan and the Dodge Challenger and Charger muscle cars. The strike and tentative deal, which must still be ratified by union members, occurred two days after Stellantis reached a tentative deal for about 43,000 U.S. autoworkers with the United Auto Workers union after roughly six weeks of targeted strikes that began Sept. 15. Details of the tentative ag...

[ad_1] U.S. President Joe Biden puts on a t-shirt of the UAW Local 1268 during a United Auto Workers (UAW) union members meeting, in Belvidere, Illinois, U.S., November 9, 2023.  Leah Millis | Reuters DETROIT – President Joe Biden said Thursday that all autoworkers deserve contracts like the ones recently won by the United Auto Workers from General Motors , Ford Motor and Chrysler-parent Stellantis . Biden, wearing a red UAW T-shirt given to him by a local union leader, said the deals won by UAW negotiators are "game changers" that set a "new standard" for blue-collar workers. The deals include 25% wage increases, including 11% upon ratification; reinstatement of cost-of-living adjustments; additional contributions for retirees; billions in new investments; and other benefits. The tentative deals must still be ratified by union members; voting is ongoing. "I'm a little selfish, I want this type of contract for all autoworkers," Biden said during ...

[ad_1] People hold placards, as a coalition of Kaiser Permanente Unions representing 75,000 healthcare workers at Kaiser Permanente start a three day strike across the United States over a new contract, in San Diego, California, U.S. October 4, 2023.  Mike Blake | Reuters More than 75,000 workers at Kaiser Permanente — the nation's largest health-care nonprofit organization — went on strike Wednesday at hospitals and medical offices in five states after the company and labor negotiators failed to resolve a dispute over staffing levels. The Coalition of Kaiser Permanente Unions says the work stoppage is the largest strike of health-care workers in U.S. history. The strike targets Kaiser hospitals and medical offices in California, Colorado, Oregon, Virginia, the District of Columbia and Washington. Kaiser Permanente serves nearly 13 million patients and operates 39 hospitals and more than 600 medical offices across eight states and the District of Columbia. The striking wo...

[ad_1] DETROIT — Strikes by the United Auto Workers union against General Motors , Ford Motor and Stellantis will get the presidential treatment this week in Michigan. Twice, in fact. President Joe Biden visited a picket line Tuesday at a GM parts facility in Belleville following a public invitation Friday from UAW President Shawn Fain, who joined Biden for the visit. Former President Donald Trump, the front-runner among Republicans in the 2024 presidential race, is scheduled to hold a rally Wednesday night at an auto supplier in Clinton Township, Michigan. Biden and Trump are effectively tied in the polls over a year out from the election. Each 2024 presidential candidate is trying to win over blue-collar voters such as Darius Collier, one of about 18,300 autoworkers currently on strike , who says he's "indifferent" about the candidates. President Joe Biden speaks next to Shawn Fain, president of the United Auto Workers, as he joins striking members of the union ...

[ad_1] A sign for hire is posted on the window of a Chipotle restaurant in New York, April 29, 2022. Shannon Stapleton | Reuters Job cuts are rising at some of the biggest U.S. companies , but others are still scrambling to hire workers, the result of wild swings in consumer priorities since the Covid pandemic began three years ago. Tech giants Meta , Amazon and Microsoft , along with companies ranging from Disney to Zoom , have announced job cuts over the past few weeks. In total, U.S.-based employers cut nearly 103,000 jobs in January, the most since September 2020, according to a report released earlier this month from outplacement firm Challenger, Gray & Christmas. Meanwhile, employers added 517,000 jobs last month, nearly three times the number analysts expected. This points to a labor market that's still tight, particularly in service sectors that were hit hard earlier in the pandemic, such as restaurants and hotels. The dynamic is making it even harder to p...