The Latest
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Automotive groups react to Donald Trump’s victory
Companies say they are now turning their focus on policies to protect and grow jobs.
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Sponsored by Avenga
How AI is transforming the automotive industry
Learn how companies like Mercedes-Benz, BMW, Tesla, BAIDU, and XPENG are leveraging AI in their operations.
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Deloitte: Most workers worry future generations won’t have adequate human skills
Training, shadowing and on-the-job opportunities could help close the gap, with many workers saying they want these experiences, Deloitte says.
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Justin Sullivan via Getty Images
Rising share of consumers owe more on their cars than they’re worth
At least one in five consumers had negative equity of more than $10,000 in Q3, according to Edmunds research.
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Scott Olson via Getty Images
Fed cuts rate by quarter point, sees ‘balanced’ risks to inflation, jobs
The reduction in borrowing costs came just two days after Donald Trump won a second term as president, heralding likely economic policy shifts.
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Courtesy of Ford Motor Co.
Ford recalls 25K F-Series Super Duty pickups over tailgate camera fault
The automaker’s investigation into warranty claims revealed that the camera bracket had not been designed or tested for potential water intrusion before being introduced in series production.
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Courtesy of Nissan Motor Co. Ltd
Nissan plans to cut 9,000 jobs as it slashes global production
CEO Makoto Uchida said the cost-cutting move is in response to weak sales and a 90% drop in operating profit.
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Courtesy of Stellantis
Stellantis to lay off 1,100 at its Toledo South Assembly Plant
The layoffs are effective as early as Jan. 5, 2025. The automaker called it a “necessary action to reduce high inventory levels.”
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Courtesy of Volvo Cars
Volvo Cars launches NACS adapter for Tesla Supercharger access
The chargers can be located using the automaker's app or built-in Google Maps via the vehicle’s infotainment system starting on Nov. 18.
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Courtesy of Volkswagen Group
Volkswagen’s Q3 revenue drops by 41.7% YoY
The automaker attributed the decline to slowing sales in the China market, restructuring expenses for its passenger cars business and investments in new products.
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jetcityimage via Getty Images
Subaru anticipates 15% drop in 2025 profits
The automaker reported a 20% sales decrease — including a 10% decline in the U.S. — during the first half of its fiscal year.
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Photo illustration: Industry Dive; Joe Readle/Getty Images; Brandon Bell/Getty Images
As US EV sales growth slows, election results could reverse or reinforce the trend
U.S. electric vehicle sales are rising, though the rate of growth has declined in the past year. The next president can continue support for purchase incentives or seek to cut the popular tax credit, experts say.
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Brandon Bell via Getty Images
4 employment actions to expect under a second Trump presidency
Employers are likely to see immigration raids, agency chair replacements and a slowing in regulatory activity, experts at Littler predicted.
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Courtesy of Toyota Motor North America
Toyota, Suzuki to launch electric SUV
Toyota describes the forthcoming vehicle as a “nimble SUV with the sharp driving characteristics of a BEV.”
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Provided by Stellantis
Stellantis Q3 year-over-year revenue nosedives 27%
The automaker shipped fewer new vehicles during the quarter as it prioritizes EV rollouts and selling excess inventory.
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Permission granted by Clifton Prescod for Dow Jones
Transparency on carbon credits’ quality is ‘critical’ for reducing corporate emissions, experts say
Verra CEO Mandy Rambharos said companies purchasing carbon credits should be able to understand where those credits come from and feel confident listing it as a decarbonization investment.
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Artistic Operations via Getty Images
Vehicle pricing fell year-over-year in Q3: Cox Automotive
The average value of discounts and other incentives increased for the third straight month.
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Stephen Brashear via Getty Images
Production down ahead of presidential election: PMI
Demand rose slightly during the month as manufacturers hope for a rebound next year.
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Courtesy of FCA US
Stellantis, Factorial to launch demo fleet to test solid-state-EV batteries
A fleet of electric Dodge Charger Daytonas will evaluate their real-world performance with the goal of commercializing the technology.
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Courtesy of Mercedes-Benz
Mercedes-Benz opens its own battery recycling factory
With a targeted recovery rate of up to 96%, the facility will process and recycle enough materials to produce more than 50,000 new battery modules per year.
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Courtesy of Ford Motor Co.
Ford Integrated Services unit chief departs for Peloton
Peter Stern's team was tasked with building out the automaker’s BlueCruise hands-free highway driving system and other key technology projects.
Updated Nov. 11, 2024 -
jetcityimage via Getty Images
Warranty spend weighs on Ford’s Q3 profit
The automaker said it would be on pace for record profit in 2024 if it weren’t for higher-than-expected warranty costs.
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Courtesy of Mercedes-Benz
Mercedes-Benz Q3 earnings tumble amid subdued world economy
The automaker blamed lower vehicle sales on weak demand in many global markets, especially China, where the luxury segment struggled.
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Justin Sullivan via Getty Images
Employers willing to pony up for in-office work, Robert Half says
Companies are offering return-to-office premiums of up to 20% for new hires, the consulting firm’s recent managers’ survey found.
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Courtesy of Stellantis
Stellantis recalls 21K vehicles for ‘brake pedal collapse’
The automaker is advising drivers to use the electronic parking brake to slow the vehicle to a stop if the brake fault occurs.
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Courtesy of Waymo
Waymo raises $5.6B to expand ride-hailing operations
The company, which spun out of Google’s self-driving car project, aims to be the first to scale commercial robotaxis across the U.S.
