5 Articles
Oct 19, 2019 Featured
GM adds labor costs with new UAW deal, but it's a much healthier company today

It's much better positioned than it was in 2009

A decade ago, high labor costs helped drag a bloated and debt-ridden General Motors into a government-funded bankruptcy. Now, a contract deal reached this week with the United Auto Workers union will raise the company's costs once again, at a time when the auto industry is facing the uncertainty of tariffs and trade wars, slowing global sales and rising capital expenses to develop autonomous and electric vehicles. Analysts say the four-year deal, if approved next week by 49,000 striking worker

Reuters
Oct 19, 2019
This gadget lets you stop a moving car like Spider-Man

Each strand of the net can hold up to 1,200 lbs of force

Spiderman-like net stops speeding cars. ArrestNet by Pacsci EMC is a vehicle arresting system. Designed for applications like high-speed pursuits. The non-lethal vehicle system deploys in 3 seconds via remote control. When a speeding vehicle runs over ArrestNet spikes penetrate the tires. This triggers the net to deploy and wrap around the tires and stopping a dangerous situation without the use of lethal force. Each strand of the net can hold up to 1,200 lbs of force. ArrestNet by PacSci EMC

Autoblog Staff
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