Business

Lufthansa reports loss, cuts outlook after strikes

German airline giant Lufthansa reported a hefty first-quarter loss Monday and downgraded its 2024 outlook due to recent strikes, while warning of risks from conflict in the Middle East.

Business

Tesla sues Swedish state over strike fallout

Electric carmaker Tesla on Monday filed a lawsuit against the Swedish state over a strike by postal workers blocking deliveries of license plates for its new cars—and received a first favorable decision the same day.

Automotive

Swedish union widens strike for Tesla workers

Sweden's metalworkers union said Friday that it was expanding its strike against Tesla, a week after mechanics walked off the job over the electric carmaker's refusal to sign a collective wage agreement.

Automotive

Stellantis, striking US auto union reach tentative deal

Stellantis and the striking United Auto Workers union have reached a preliminary agreement on a new labor contract, the two sides said Saturday, allowing members to go back to work at grounded factories.

Automotive

Ford estimates US strike impact at $1.3 bn

Ford on Thursday said the need to retore manufacturing operations outweighed the additional costs to sweeten a labor contract to end a strike that has cost it some $1.3 billion.

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