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Toyota production resuming in Japan | GM, Stellantis offer 23% raises to UAW | Suppliers' Q3 earnings preview | More layoffs coming from UAW strike | Hyundai to build Saudi plant | Buy-sell roundup

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Monday, October 23, 2023
GM strikers

GM, Stellantis offer 23% raises in new proposals to UAW

 
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Supplier earnings to provide early glimpse into UAW strike's financial impact

 
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Jeep workers on strike
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Suppliers warn of more layoffs, spending cuts from UAW strike

 
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Hyundai to build Saudi Arabia plant for EVs, ICE cars

 
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Gregg Ciocca
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Ciocca Dealerships to buy Apple Automotive

 
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Schneider Electric Future

Can smart factories deliver on the net-zero promise of EVs?

This article explores the crucial role of smart factories in realizing the net-zero promise of electric vehicles (EVs). It emphasizes the need for automotive manufacturers to reduce greenhouse gas emissions during the EV manufacturing process. The manufacturing of large lithium-ion batteries, which power EVs, is a major source of embedded emissions. 

 
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Hudson Automotive agrees to acquire 4 Vic Bailey dealerships in South Carolina

 
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Unstoppable Automotive
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Unstoppable Automotive acquires California dealerships in Monterey, Fresno

 
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Ally All Ears Podcast - season 3, episode 9

Ally All Ears Podcast | AI and its impact on auto retail

In this episode, Sathish Muthukrishnan, Chief Information, Data and Digital Officer at Ally Financial, discusses the impact of AI in the financial services sector, Ally’s approach to AI and how the company is thinking about using AI to support its auto business.

 
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Gearing Up For Optimum Performance

This paper will explore four of the major challenges currently facing the manufacturing industry. 

 
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Model X

Tesla raises U.S. price of Model X Plaid all-wheel drive 5.6%

 
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Sheriff: Ray Brandt PR head stole $644K from other business CEO owns

 
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A new national digital titling clearinghouse can accelerate vehicle purchases

As a dealer, you rely on being able to move cars in and out of your inventory swiftly. Waiting for a title creates dead inventory and negatively impacts your cash flow. With the National Digital Titling Clearinghouse, you can secure title approvals in as little as a day, eliminate backlog, and cut down on lost revenue.

 
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Strikers
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Ford lays off 364 more workers in Mich., Ohio

 
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Minority dealer candidates should be open to moving, experts say

 
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