EVs are central to VW’s woes.
The negotiating committees of Volkswagen AG and IG Metall Lower Saxony and Saxony-Anhalt held negotiations on the 2024 collective bargaining round in Wolfsburg yesterday without reaching an agreement on plant closings or cutting labor costs. However, they did agree to meet again on 9 December 2024. (Read AutoInformed.com on: Large European Job Cuts Coming at Ford, Again, and Pablo Di Si Out at VW Group of America)
“We view it as a positive signal that the employee representatives have shown openness to reducing labor costs and capacity reductions. However, the counter-proposal they submitted must be judged on whether it creates both sustainable financial relief for the company and offers clear prospects for the workforce,” said Arne Meiswinkel, lead negotiator at Volkswagen AG. “For Volkswagen AG, the sustainable achievement of financial targets remains crucial in order to ensure competitiveness in an extremely challenging phase for the German automotive industry,” said Meiswinkel. Continue reading
Genesis, Hyundai, Kia recalls for Sudden Power Loss
Hyundai Motor is recalling Genesis, Hyundai and Kia models from the 2022 though 2025 models years because of sudden power loss. Warning symptoms may occur during “fail-safe” mode driving over period of ~20-40 minutes through various illumination of dashboard MIL; an audible chime; warning messages displayed in vehicle information display(s); and noticeable degradation in vehicle motive power or speed.
In the required filing made public today by the National Highway Traffic Safety Administration, it said “the Integrated Charging Control Unit (ICCU) may become damaged and stop charging the 12-volt battery, which can result in a loss of drive power.” The vehicle’s “fail-safe” mode will trigger upon detection of a fault associated with over-voltage induced at the start and end of the vehicle’s battery charging cycle or thermal loading during charging/driving. Continue reading →