Production Line Blogs

UAW cancels strike after tentative agreement reached with supplier Sakthi

The UAW and aluminum castings supplier Sakthi Automotive Group agreed on Thursday to a tentative labor agreement after the union earlier this week threatened a strike.

Penske Automotive, Group 1 shares plunge after Brexit vote

Shares of Penske Automotive Group and Group 1 Automotive, two of the three largest U.S. dealership groups, fell Friday to their lowest levels since February on concerns over the U.K.'s decision to leave the European Union.

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