Automakers: Page 10
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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.
By Haley Cawthon • April 25, 2024 -
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.
By Haley Cawthon • April 25, 2024 -
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.
By Haley Cawthon • April 24, 2024 -
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.
By Eric Walz • April 24, 2024 -
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.
By Haley Cawthon • April 23, 2024 -
Automakers get new standard for cutting a top source of scope 3 emissions
Indirect emissions are notoriously hard to calculate and address, so the Science Based Targets initiative put forth a new guideline.
By S.L. Fuller • April 23, 2024 -
Stellantis shareholders approve CEO compensation boost
Carlos Tavares’ total compensation was nearly $39.5 million last year, a 56% year-over-year increase.
By Haley Cawthon • April 23, 2024 -
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.
By Eric Walz • April 22, 2024 -
Tesla recalls Cybertruck to fix accelerator pedal problem
The recall is Tesla’s fourth this year and involves 3,878 Cybertrucks manufactured from Nov. 13, 2023 through April 4.
By Eric Walz • April 20, 2024 -
Volkswagen workers join UAW in historic vote
A vast majority of the Chattanooga, Tennessee plant workers voted in favor of joining the union.
By Haley Cawthon • April 20, 2024 -
Honda details progress on Ohio EV hub
The automaker is retooling facilities in Marysville, Anna and East Liberty, Ohio.
By Eric Walz • April 18, 2024 -
Ford, GM, Honda collaborate on standardized Scope 3 emissions reporting
A new supplier questionnaire can streamline how suppliers report on climate goals and consumption.
By S.L. Fuller • April 18, 2024 -
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.
By Haley Cawthon • April 18, 2024 -
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.
By Eric Walz • April 18, 2024 -
Toyota clinches $150M for new climate-focused fund
The fund will build on the automaker’s inaugural 2021 climate fund, which has backed climate tech startups and carbon capture and storage companies.
By Zoya Mirza • April 17, 2024 -
The great stagnation: Workers feel replaceable amid hiring push
A disconnect between employer perceptions and worker realities around advancement points to an opportunity for worker upskilling, a report said.
By Carolyn Crist • April 16, 2024 -
BMW, Rimac Technology to co-produce battery tech for EVs
The electric vehicle technology company expects the partnership — its largest and most ambitious yet — will help it become a high-volume Tier 1 automotive supplier.
By Eric Walz • April 16, 2024 -
Tesla to cut 10% of global workforce: reports
CEO Elon Musk cited the company’s push for cost reduction and existence of duplicative roles as reasons for the layoffs.
By Eric Walz • April 15, 2024 -
American Honda gives data a promotion on the road to AI
The automotive company is pursuing an AI-for-all strategy, VP of IT Bob Brizendine said on a CIO Dive panel.
By Matt Ashare • April 12, 2024 -
BMW, Tata Technologies to collaborate on software-defined vehicles
The deal adds to a trend of automakers seeking out external tech expertise to help develop next-generation vehicles.
By Eric Walz • April 12, 2024 -
Stellantis trims dealer support center network
The move comes after the automaker updated its corporate sales structure in North America.
By Eric Walz • April 11, 2024 -
Cruise to resume mapping for robotaxis in Phoenix
It’s the first deployment of the company’s vehicles on public roads since California regulators suspended its permits last fall.
By Eric Walz • April 11, 2024 -
Kia wants electrified vehicles to make up 58% of sales by 2030
The automaker will lean more into hybrid vehicles as short-term EV demand stagnates.
By Eric Walz • April 11, 2024 -
Porsche and Applied Intuition to jointly develop vehicle software
The partnership also aims to help the automaker better manage and provide vehicle updates.
By Eric Walz • April 8, 2024 -
Auto shipments may regain access to Port of Baltimore in weeks
The Army Corps of Engineers is working to open a temporary channel for automobiles and farm equipment shipments by the end of April.
By Alejandra Carranza • April 5, 2024