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Tom Krisher

Tom Krisher

Inc.com

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UAW head Shawn Fain accuses Mercedes Benz of ‘egregious illegal behavior’ in union’s loss at Alabama car plants

The union already has filed unfair labor practice complaints against the company alleging that management and anti-union consultants tried to...

20.05.2024 60

Fortune

Tom Krisher

UAW's southern strategy falls short as Mercedes workers in Alabama reject union

The defeat in two plants near Tuscaloosa comes a month after the UAW scored a breakthrough victory in a Tennessee VW facility.

17.05.2024 20

Fortune

Tom Krisher

UAW faces test of its plan to unionize auto plants in anti-union South as vote wraps up at 2 Mercedes-Benz factories in Alabama

The voting at the two Mercedes factories comes a month after the UAW scored a breakthrough victory at Volkswagen's assembly factory in...

17.05.2024 90

Fortune

Tom Krisher

Waymo self-driving cars probed by government over crashes, but recalls are the only enforcement power

In the probe of Waymo, the NHTSA said it has reports of 17 crashes and five other reports of possible traffic law violations. No injuries were...

14.05.2024 20

Fortune

Tom Krisher

BYD’s small, inexpensive Seagull EV poses major threat to U.S. auto industry

The car sells for around $12,000 in China, but drives well and is put together with craftsmanship that rivals U.S. electric vehicles that cost...

13.05.2024 40

Fortune

Tom Krisher

Feds have 'significant safety concerns' about Ford's recall for engine-fire-causing fuel leaks—which they suspect doesn't work

Regulators say "the remedy program does not address the root cause of the issue."

09.05.2024 40

Fortune

Tom Krisher

U.S. investigators ask Tesla why there have been 20 crashes since carmaker supposedly fixed Autopilot flaws

"Tesla tried to do the least possible remedy to see what they could get away with,” one observer said.

07.05.2024 50

Fortune

Tom Krisher

Rule tweak allows Tesla, EV makers to maintain tax-credit marketing push in car sales

Critics say the new rules amount to freebies for China.

04.05.2024 30

Fortune

Tom Krisher

'Crisis' of roadway deaths led to new rule requiring automatic braking if a car crash is imminent

In 2019, nearly 2.2 million rear-end crashes were reported to police nationwide, killing 1,798 people and injuring 574,000 others.

30.04.2024 60

Fortune

Tom Krisher

Driverless trucks are coming to the road before fully self-driving Teslas, with autonomous semis arriving in Texas later this year

Within three or four years, Aurora and its competitors expect to put thousands such self-driving trucks on America's public freeways.

29.04.2024 60

Fortune

Tom Krisher

Tesla driver said he was using Autopilot and looking at his phone before a crash that killed a motorcyclist

The motorcyclist, Jeffrey Nissen, 28, was under the car and pronounced dead at the scene, authorities reported.

25.04.2024 20

Fortune

Tom Krisher

Tesla profit plunges 55% as it warns of 'notably lower' sales growth

EV maker's first-quarter net income plummeted to $1.13 billion amid falling global sales and price cuts.

24.04.2024 10

Fortune

Tom Krisher

GM moves to redevelop its downtown Detroit headquarters with help from Rocket Mortgage founder

Over the last 2 years, about 5,000 white-collar workers at GM took early retirement and many are still on a hybrid schedule, so GM needs less office...

15.04.2024 10

Fortune

Tom Krisher

First-quarter auto sales grew 5.1%, but the industry may have already hit its spring sales peak, top economist warns

Average sales prices in March were $44,186, down 3.6% from a year ago.

05.04.2024 50

Fortune

Tom Krisher

New vehicle sales in the U.S. rose nearly 5% in 2024 as buyers defied high interest rates, but EV sales growth slowed

Sales of many large and expensive SUVs fell during the quarter as companies faced more frugal buyers.

03.04.2024 20

Fortune

Tom Krisher

6 months after recalling 3.4 million vehicles that suddenly catch fire, Hyundai and Kia haven’t fixed most of them

“They’re putting a Band-Aid on this thing,” said Michael Brooks, executive director of the nonprofit Center for Auto Safety.

02.04.2024 50

Fortune

Tom Krisher

Hyundai and Kia recalled 3.4m vehicles, warning to park them outdoors because they risked catching fire. 6 months later, most are still on the road, unrepaired

Hyundai and Kia have acknowledged that there's little hope of repairing most of the affected vehicles until June or later.

01.04.2024 20

Fortune

Tom Krisher

Biden administration set to relax plans for stricter auto emissions standards as EV sales slow

Three people with knowledge of the standards say the Biden EPA will pick an alternative that slows implementation from 2027 through 2029.

20.03.2024 20

Fortune

Tom Krisher

Tesla, BMW, Mercedes-Benz, and more rated 'poor' in automated driving test ratings

The Insurance Institute for Highway Safety tested automated driving systems and only one of 14 got an "acceptable" rating. None performed well enough...

13.03.2024 20

Fortune

Tom Krisher

Tesla rated 'poor' in automated driving safety test, with only 1 out of 14 manufacturers given 'acceptable' score

Two others were rated “marginal,” while the rest were rated “poor.”

12.03.2024 10

Fortune

Tom Krisher

The average price of a new car is over $47,000—but analysts see prices dropping all throughout the rest of the year

It's all about supply. Dealers had 2.6 million cars at the end of January, according to Cox Automotive, compared to 1.74 million a year ago.

28.02.2024 10

Fortune

Tom Krisher

Ford CEO says he will 'think carefully' about where to build future factories after last year's auto workers' strike: 'Our relationship has changed'

“We have to think carefully about our (manufacturing) footprint," CEO Jim Farley told an auto conference.

15.02.2024 10

Fortune

Tom Krisher

EV charging stations are turning into indoor lounges in San Francisco as companies look to prop up interest among flagging sales

EV sales growth in the United States is slowing, in part because of potential buyer concerns that charging stations are too scarce or that they will...

08.02.2024 30

Fortune

Tom Krisher

Elon Musk has to recall nearly every Tesla sold in the U.S. because some warning lights are too small

The recall of nearly 2.2 million vehicles by the NHTSA is a sign of stepped-up scrutiny of the electric vehicle maker.

02.02.2024 20

Fortune

Tom Krisher

Tesla warns investors that 2024 sales could be 'notably lower' as it's caught between two big growth waves

Tesla’s gross profit margin fell to 17.6% for the fourth quarter, down 6.2 percentage points from a year ago as price cuts chewed into profits.

25.01.2024 6

Fortune

Tom Krisher

UAW's Shawn Fain says Trump 'doesn’t care about the American worker' as union backs Biden for re-election

“He heard the call and he stood up and he showed up,” Fain said of Biden’s historic picket line appearance.

25.01.2024 6

Fortune

Tom Krisher

'Tesla isn't very good at explaining some things': Expert says there's a simple hack to charging your EV battery in the cold

Many of those who think their cars won't charge are new to EVs and don't know how to “precondition” their batteries, says Bruce Westlake.

18.01.2024 6

Fortune

Tom Krisher

Federal crackdown on Boeing intensifies as entire 737 Max 9 production line will get an FAA audit

The FAA said it would “evaluate Boeing's compliance with its approved quality procedures.”

12.01.2024 20

Fortune

Tom Krisher

Auto economist thinks 'the tables start to turn in 2024' as bargain hunters will finally force car makers to slash prices

Americans bought 15.6 million new cars last year, 12% up from 2022, the biggest increase in over a decade, shy of the 17 million pre-pandemic rate.

04.01.2024 8

Fortune

Tom Krisher

Americans went on a car shopping spree in 2023 with sales rising 12% despite lofty prices and high interest rates

Average auto sales prices peaked in December of 2022 just over $47,300, with vehicles in short supply because of the global chip shortage that limited...

04.01.2024 40

Fortune

Tom Krisher

The EV boom may be petering out, but Americans are buying record numbers of hybrid cars

So far in 2023, Americans have bought a record 1 million-plus hybrids — up 76% from the same period last year, according to Edmunds.com.

24.12.2023 10

Fortune

Tom Krisher

Tesla's recall of 2 million cars relies on a fix that may not even work

Tesla agreed to the recall last week after a federal investigation the system to monitor drivers was defective and required a fix.

20.12.2023 6

Fortune

Tom Krisher

Tesla is having to fix 2m cars over a defective system that’s supposed to ensure drivers pay attention when using Autopilot

Independent tests have found that the monitoring system is easy to fool, so much that drivers have been caught while driving drunk or even sitting in...

13.12.2023 6

Fortune

Tom Krisher

BMW is still recalling air bags with the defect that killed dozens and injured hundreds more and sent Japanese supplier Takata into bankruptcy

U.S. auto safety regulators say in documents that the recall covers 486 X3, X4 and X5 SUVs from the 2014 model year that are equipped with air bags...

04.12.2023 10

Fortune

Tom Krisher

Electric vehicle owners report 80% more problems than with conventional cars and trucks amid ‘growing pains’ for the industry, Consumer Reports says

EV manufacturers are still learning to construct completely new power systems, making battery and charging-system issues the most commonly reported.

29.11.2023 10

Fortune

Tom Krisher

UAW head Shawn Fain has his sights on Elon Musk: 'The world's richest man is the richest man for a reason'

Calling his union a "great equalizer," he said he's proud of non-union auto workers getting raises. "“Companies play their workers as fools...

21.11.2023 20

Fortune

Tom Krisher

After a close GM vote, UAW workers close to sealing the deal with Ford and Stellantis

Union member voting is expected to conclude on Saturday morning and Saturday night for Ford and Stellantis, respectively.

17.11.2023 2

Fortune

Tom Krisher

After a too-close-to-call wobble, the UAW just ratified its new contract with General Motors

A vote-tracking spreadsheet on the union’s website shows that with all local union offices reporting, the contract passed with 54.7% in favor.

16.11.2023 5

Fortune

Tom Krisher

UAW autoworkers vote on new contract with GM is too close to call on last day of voting

About 46,000 UAW members at GM were wrapping up voting. As of Wednesday, those for the agreement outnumbered those against it by only 2,500 votes.

16.11.2023 10

Fortune

Tom Krisher

Hyundai will raise U.S. factory wages by 25% after autoworker union got big concessions from Detroit's Big 3: 'UAW, that stands for ‘You Are Welcome'

Labor experts say the increases are at least in part aimed at thwarting UAW President Shawn Fain's strategy of trying to organize U.S. auto plants...

14.11.2023 9

Fortune

Tom Krisher

GM’s Cruise self-driving unit is recalling all its cars to update software after one dragged a San Francisco pedestrian

In the crash, another vehicle with a person behind the wheel struck a pedestrian, sending the person into the path of a Cruise autonomous vehicle.

08.11.2023 2

Fortune

Tom Krisher

Stellantis’ new Ram EV adds a tool for drivers who worry about running out of juice: an onboard gas engine dedicated to recharging the battery

It's called the Ramcharger, a pickup that can travel 145 miles on electricity, with a 3.6-liter V6 gas-powered engine linked to a generator that can...

07.11.2023 10

Fortune

Tom Krisher

Detroit's Big 3 will produce billions worth of electric vehicles they're not sure people will buy in their deal with the UAW

Ford, GM, and Stellantis have goals of EVs representing roughly half their U.S. sales by 2030, but consumer demand for them in coming years isn't...

05.11.2023 10

Fortune

Tom Krisher

Automakers are on the hook for $1 billion in higher wages annually after the recent worker strike and will likely try to raise car prices to pay for it

But it might prove difficult to make significant price hikes stick.

01.11.2023 10

Fortune

Tom Krisher

GM and UAW reach a tentative deal on a union contract that boosts pay more than 30%, source says

The deal exceeds four years and includes 25% general pay raises and cost of living adjustments, a person briefed on the matter said.

30.10.2023 2

Fortune

Tom Krisher

UAW increases pressure on lone holdout GM after reaching tentative pacts with Ford and Stellantis: 'Everybody’s really fired up'

An escalated walkout began Saturday at GM's largest plant in North America just hours after the Stellantis deal was reached.

30.10.2023 10

Fortune

Tom Krisher

UAW, Stellantis reach tentative contract deal that follows model set by Ford 

The deal, which still has to be ratified by members, leaves only General Motors without a contract with the union.

29.10.2023 9

Fortune

Tom Krisher

GM, Stellantis meet with UAW to strike a deal modeled on the Ford agreement

The Ford contract, including cost of living raises, would result in pay increases of more than 30% to over $40 per hour by the time it expires in...

26.10.2023 4

Fortune

Tom Krisher

Ford appears close to a deal with UAW that could serve as the standard that ends the Detroit auto strike, sources say

People with knowledge of the talks said the union proposed a 25% wage boost with cost-of-living pay increases that could lift them above 30%.

25.10.2023 5

Fortune

Tom Krisher

The same day GM posted a $3 billion quarterly profit, 5,000 more workers walked off the job

The strike hit Arlington, Texas, which makes the big truck-based SUVs that are among GM's most profitable vehicles.

24.10.2023 4

Fortune

Tom Krisher

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