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Volkswagen-UAW vote a 'watershed moment' for US labor unions

Volkswagen (VWAGY) workers at the automaker's Chattanooga, Tennessee plant voted in favor of joining the United Auto Workers (UAW) labor union. On Market Domination, Autoblog Editor-in-Chief Greg Migliore talks about the various significances that can be found in the UAW's victory. "This opens up a whole new market of potential union members. There's factories that belong to Hyundai, Kia, Mercedes, Nissan... The Mercedes-Benz factory has a vote scheduled for May 13 [in Vance, Alabama]," Migliore says. "The success of the VW factory in Chattanooga, they had 73% of the workers approved it, taps into a broader mood of positive feelings for unions across the country right now." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.

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VW Works Closely With Unions in Germany, but UAW May Be Less Cuddly

Organizers are raring for “the real fight” after their win in Chattanooga, signaling a more adversarial dynamic than the automaker has known back at home.

The Wall Street Journal 23 hours ago

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Democrats Upbeat After Sudden Wins on Ukraine Aid and Auto Workers

Biden is lagging behind in key polls but Democrats are hopeful that recent policy victories will set up a sharper contrast with Trump.

The Wall Street Journal yesterday

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Unions Take Aim at South After UAW Win

A successful drive at a VW plant in Tennessee has organizers eyeing gains in a fast-growing region that has historically been inhospitable to unions.

The Wall Street Journal 2 days ago

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VW Workers Vote to Join UAW in Historic Southern Win for Union

The victory at the Tennessee factory helped the union toward its goal of reversing declining membership by organizing foreign-owned factories.

The Wall Street Journal 2 days ago

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REFILE-After VW plant victory, UAW sets its sights on Mercedes in Alabama

The United Auto Workers has made history by winning its first unionization vote at an auto factory in the U.S. South. Now it needs to prove the success wasn't a fluke by pulling off a second victory at a Mercedes plant in Alabama next month. UAW representatives at the VW plant also will have to show their mettle by negotiating a contract that gives workers what they have fought for - better benefits, improved safety on the job and a greater work-life balance.

Reuters 2 days ago

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Volkswagen workers vote overwhelmingly to join the UAW, giving the union a groundbreaking win

Hourly workers at Volkswagen’s plant in Chattanooga, Tennessee overwhelming voted to join the United Auto Workers late Friday, a major breakthrough in the union’s effort to organize workers at plants nationwide.

CNN Business 3 days ago

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How UAW, Volkswagen vote could give unions 'leverage'

The United Auto Workers (UAW) is seeking to expand its unionization efforts beyond the Detroit Big 3 automakers (STLA, GM, F). Workers at Volkswagen's (VOW.DE) plant in Tennessee are voting on unionization, a pivotal moment for the labor organization. Cornell University's Director of Labor Relations, Arthur Wheaton, provides insights into the significance of this development. Wheaton notes that the Volkswagen vote is crucial because if the UAW can increase the number of unionized autoworkers in the United States, "it gives them more leverage at the bargaining table." When asked about the potential impact of the Volkswagen vote on the spread of unionization to other automakers, Wheaton acknowledges that "the reality is it's going to take a lot more work" — cautioning against the expectation that "all of the other plants will immediately get majority people to say yes we want the Union." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith

Yahoo Finance Video 3 days ago

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Volkswagen workers are voting on whether to join the UAW. The results could be felt nationwide

Renee Berry has been working at the Volkswagen plant in Chattanooga, Tennessee since 2010, shortly after it opened, long enough to see the majority of her co-workers twice vote against joining the United Auto Workers union. She thinks the third vote taking place this week will be different.

CNN Business 3 days ago

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Tennessee Volkswagen employees overwhelmingly vote to join United Auto Workers union

Employees at a Volkswagen factory in Chattanooga, Tennessee, overwhelmingly voted to join the United Auto Workers union Friday in a historic first test of the UAW’s renewed effort to organize nonunion factories. The union wound up getting 2,628 votes, or 73% of the ballots cast, compared with only 985 who voted no in an election run by the National Labor Relations Board. Both sides have five business days to file objections to the election, the NLRB said.

Associated Press Finance 3 days ago

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Procter & Gamble earnings, Fed, Volkswagen: What to Watch

Procter & Gamble Company (PG) will report its fiscal third-quarter earnings the morning of Friday, April 19, with investors keeping a close eye on its product pricing and demand in China's consumer market. American Express (AXP) is also among companies set to report first-quarter results tomorrow. Chicago Fed President Austan Goolsbee will be delivering opening remarks at a conference on Friday. Lastly, Volkswagen (VWAGY) factory workers in Tennessee will vote on whether to unionize with the United Auto Workers (UAW) labor union. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 4 days ago

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TIMELINE-Volkswagen Tennessee plant workers vote on UAW membership

The UAW has tried and failed for years to organize non-union U.S. auto factories, most of them built by Asian and European automakers in southern U.S. states where so-called right-to-work labor laws make it optional for workers to pay union dues. Volkswagen workers in Chattanooga, Tennessee, will vote this week, beginning Wednesday and ending on Friday, on whether to organize with the UAW union.

Reuters 4 days ago

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EU March Car Sales Recorded Biggest Drop in 16 Months

Registrations of new cars in the European Union fell 5.2% on year in March, the largest monthly drop since November 2022, and in line with a trend of softening demand.

The Wall Street Journal 4 days ago

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Union vote underway at Volkswagen's only US plant

Workers at Volkswagen's sole U.S. factory in Chattanooga, Tennessee, are voting this week on whether to join the United Auto Workers after rejecting the UAW twice before.

Fox Business 5 days ago

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A Rejuvenated UAW Aims to Unionize Volkswagen Workers

The union is aiming to use the momentum from Detroit deals to expand in the South by organizing a plant owned by a foreign automaker.

The Wall Street Journal 5 days ago

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Volkswagen To Gain A Competitive EV Advantage With A New Architecture It Developed With XPeng

On Wednesday, Volkswagen AG (OTC: VWAGY) revealed that together with its Chinese EV partner, XPeng Inc (NYSE: XPEV), they have developed a new architecture for EVs. The EV pioneer Tesla Inc (NASDAQ: TSLA) has been leading the market when it comes to architecture that reduces the wiring and components in an electric vehicle to lower the cost of its manufacturing, but with the help of XPeng, Volkswagen will finally be able to compete with Tesla on the cost efficiency front. The new architecture wi

Benzinga 5 days ago

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Volkswagen Aims for Lower EV Costs With New Production Platform in China

Volkswagen and XPeng have a new framework deal to co-develop electrified and digitized architecture to be used in VW brand EVs produced in China.

The Wall Street Journal 5 days ago

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UAW seeks landmark win in third Tennessee VW plant vote

A Volkswagen plant nestled against dense forests and Interstate 75 on the southern border of Tennessee has become a battleground over worker representation that could sway the future of the American auto industry. The United Auto Workers is attempting for the third time to organize the 4,300 eligible workers in Chattanooga, where VW assembles the ID.4 electric SUV. The vote at VW's only nonunion plant globally is scheduled to begin on Wednesday and conclude late on Friday.

Reuters 5 days ago

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FOCUS-UAW seeks landmark win in third Tennessee VW plant vote

A Volkswagen plant nestled against dense forests and Interstate 75 on the southern border of Tennessee has become a battleground over worker representation that could sway the future of the American auto industry. The United Auto Workers is attempting for the third time to organize the 4,300 eligible workers in Chattanooga, where VW assembles the ID.4 electric SUV. The vote at VW's only nonunion plant globally is scheduled to begin on Wednesday and conclude late on Friday.

Reuters 5 days ago

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Performance Overview

Return	VOW3.F	DAX PERFORMANCE-INDEX
YTD	+9.21%	+6.62%
1-Year	+7.50%	+12.46%
3-Year	-28.57%	+17.54%

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Volkswagen AG (VOW3.F)

Volkswagen-UAW vote a 'watershed moment' for US labor unions

Canada aims to attract Honda and others with EV tax incentives

VW Works Closely With Unions in Germany, but UAW May Be Less Cuddly

Democrats Upbeat After Sudden Wins on Ukraine Aid and Auto Workers

Unions Take Aim at South After UAW Win

VW Workers Vote to Join UAW in Historic Southern Win for Union

REFILE-After VW plant victory, UAW sets its sights on Mercedes in Alabama

Volkswagen workers vote overwhelmingly to join the UAW, giving the union a groundbreaking win

How UAW, Volkswagen vote could give unions 'leverage'

Volkswagen workers are voting on whether to join the UAW. The results could be felt nationwide

Tennessee Volkswagen employees overwhelmingly vote to join United Auto Workers union

Procter & Gamble earnings, Fed, Volkswagen: What to Watch

TIMELINE-Volkswagen Tennessee plant workers vote on UAW membership

EU March Car Sales Recorded Biggest Drop in 16 Months

Union vote underway at Volkswagen's only US plant

A Rejuvenated UAW Aims to Unionize Volkswagen Workers

Volkswagen To Gain A Competitive EV Advantage With A New Architecture It Developed With XPeng

Volkswagen Aims for Lower EV Costs With New Production Platform in China

UAW seeks landmark win in third Tennessee VW plant vote

FOCUS-UAW seeks landmark win in third Tennessee VW plant vote

Performance Overview