UAW wins big in historic union vote at Volkswagen Tennessee factory

UAW wins big in historic union vote at Volkswagen Tennessee factory

Workers at Volkswagen’s Tennessee plant have voted to join the United Auto Workers, with a 73% majority in favor of the union. This victory marks the first auto plant in the South to unionize via election since the 1940s. The UAW President’s campaign to unionize plants owned by various automakers across the U.S. is gaining momentum. The next facility to hold a UAW election will be a Mercedes plant in Alabama. The UAW has seen a surge in public support for unions and successful contract negotiations with major automakers. President Biden praised the union victories and the impact on raising wages.

LG Group to invest $74.4 bln over next 5 years

LG Group to invest $74.4 bln over next 5 years

LG Group will invest 100 trillion won (.42 billion) within South Korea over the next five years, with half of the investment allocated to future technologies such as artificial intelligence, environmentally clean technology, batteries, auto parts, and next-generation displays.