The Latest
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Why VW’s Q1 profits fell 20% despite higher deliveries
The company blamed lower-than-anticipated global sales and its investments in launching new electrified models.
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Ford recalls nearly 243K Maverick pickups for tail light issue
The company has issued a total of 23 separate recalls across its model lineup since January.
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How Mexico’s presidential candidates expect to leverage nearshoring
Modernizing border crossings, improving legal certainty and improving roads and rail networks were among the ideas candidates raised during a presidential debate.
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Ford invests in dealer education to improve customer experience
With Ford University, the automaker is banking on highly informed dealers to serve as guides to customers throughout the buying process.
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Toyota Motor North America creates COO, CSO roles
EVPs Jack Hollis and Chris Reynolds are taking on additional responsibilities as part of the new assignments.
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Rivian reaffirms plans for $5B Georgia EV plant despite construction pause
The electric carmaker emphasized its intention to continue limited site development activity during the pause period, according to a company letter.
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Ford, Tesla face NHTSA investigations over self-driving tech
For Tesla, the agency will assess whether the automaker's response involving a December recall of 2 million vehicles was sufficient.
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Stellantis revenues slip 12% as it preps for next-gen product launches
The automaker is debuting 25 new or updated products in 2024, 18 of which will be battery electric vehicles.
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EEOC finalizes harassment guidance, addressing remote work and gender identity
Harassment can include “outing” individuals, misgendering and prohibiting workers from using sex-segregated bathrooms consistent with their gender identity, the agency said.
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GM CEO’s compensation falls 4%
Mary Barra is no longer the highest-paid executive among the Detroit Three automakers.
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Volkswagen looks to boost tech, cut costs in China
The country’s transition to electric vehicles and growing local competition is making it harder for overseas automakers to stay competitive.
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Hyundai shifts focus to hybrids as EV demand declines
Despite record-setting Q1 revenues, the automaker said its EV sales slipped nearly 5% year over year.
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Toyota to assemble new EV at Indiana plant
The automaker will add up to 340 jobs at the facility with a $1.4B investment.
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Honda invests billions in Canada to set up EV production hub
The CAD $15 billion ($11 billion) investment into the automaker’s supply chain includes two factories and materials processing projects with joint venture partners.
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Facing pricing pressure, Ford takes big loss on EVs
CEO Jim Farley called the segment a “huge drag” on the automaker and the industry overall.
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GM aims to build up to 300K EVs in 2024
The automaker anticipates that new electric vehicle launches will help it achieve its ambitious sales targets in 2024.
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Nissan slashes operating profit amid sales dip
The automaker lowered its forecasted sales volume for fiscal year 2023 to 3.44 million vehicles last week.
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Tesla accelerates launch of new models
The EV maker said production for a new vehicle lineup will start months earlier than originally announced and include a more affordable model.
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DOL will raise overtime salary threshold to $44K in July, $59K next year
The final rule expands overtime pay eligibility to millions of U.S. workers, the department said.
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GM Energy rolls out its first vehicle-to-home EV charging products
The bidirectional charging technology allows an electric vehicle’s battery to provide backup power to homes.
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5 auto carriers propose $180M merger
Florida-based Proficient Auto Transport is leading the roll-up of the companies, whose largest customer is General Motors.
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Volkswagen workers join UAW in historic vote
A vast majority of the Chattanooga, Tennessee plant workers voted in favor of joining the union.
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Honda details progress on Ohio EV hub
The automaker is retooling facilities in Marysville, Anna and East Liberty, Ohio.
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Rivian cuts 1% of workforce
The EV maker said the latest round of layoffs are part of a continued effort to right-size the business.
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Ford recalls over 456K Bronco Sport, Maverick models
An undetected low battery charge can result in a loss of drive power on two of the automaker’s more popular vehicles.