Newly Appointed JLR North America CEO Is a Former Ford Employee
The Ford agreement includes 3% annual wage increases, cost-of-living protections and nearly $1 billion in investment, giving Unifor a template for GM and Stellantis talks.
7 Articles
7 Articles
Newly Appointed JLR North America CEO Is a Former Ford Employee
JLR is obviously undergoing a transformation. However, the people who started it have been escorted out of their offices over the past year. Now, JLR North America has a new Chief Executive Officer. Mark Cameron will officially take over the role on September 1, 2026. He will oversee both the U.S. and Canadian markets. The company aims to aggressively grow the North American region to match the size of JLR's entire global business today within t…
Private equity firm Han & Company (Han & Co.) announced on the 30th that it will present a "fresh start incentive" to employees ahead of the sale of its directly managed used car company, K-Car. K-Car was launched in 2018 when Han & Co. acquired the direct sales division of SK Encar. Revenue grew from 931.1 billion won in 2017, just before the acquisition, to 2.4388 trillion won in 2025. During the same period, operating profit rose from 10 bill…
Ford deal sets stage for tougher talks with GM, Stellantis: Experts
The three-year deal reached between Unifor and Ford Motor Co., the first of the Big Three U.S. automakers to bargain with Canadian workers, resulted in an outcome that included wage gains and new investment. But the next rounds with the other automakers may be tougher, industry observers say.
Top U.S. Companies Paying Big Employee Bonuses So Far In 2026: Delta, GM, Ford
_Biggest Employee Bonuses Paid So Far In 2026 Image by CanvaDelta Air Lines led U.S. companies in large-scale employee profit-sharing payouts so far in 2026 with a $1.3 billion distribution, while major automakers General Motors and Ford also issued significant profit-sharing checks to tens of thousands of hourly workers based on 2025 results. These payouts, made primarily in the first quarter of 2026, represent some of the most substantial comp…
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