Automakers: Page 11
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Drew Angerer via Getty Images
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.
By Haley Cawthon • May 2, 2024 -
Courtesy of Clayco
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.
By Sebastian Obando • May 1, 2024 -
Bill Pugliano via Getty Images
UAW members at Stellantis plant to vote on strike authorization
The union claims the automaker has failed to resolve health and safety grievances at the Michigan plant.
By Haley Cawthon • May 1, 2024 -
Courtesy of Bosch
NHTSA finalizes rule requiring automatic emergency braking on vehicles by 2029
Hyundai, Mitsubishi and Porsche expressed concerns last year when the NHTSA opened public comments for the proposed rule.
By Eric Walz • May 1, 2024 -
Courtesy of Ford Motor Co.
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.
By Eric Walz • April 30, 2024 -
Courtesy of Stellantis
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.
By Haley Cawthon • April 30, 2024 -
Courtesy of Hyundai Motor Group
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.
By Eric Walz • April 29, 2024 -
welcomia/iStock/Getty Images Plus via Getty Images
Dealer service satisfaction improves, despite growing wait times and prices
Non-Tesla EV drivers reported the lowest satisfaction with new-vehicle dealership services, a J.D. Power study found.
By Kalena Thomhave • April 29, 2024 -
Courtesy of Volkswagen Group
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.
By Eric Walz • April 29, 2024 -
Anna Moneymaker via Getty Images
GM CEO’s compensation falls 4%
Mary Barra is no longer the highest-paid executive among the Detroit Three automakers.
By Haley Cawthon • April 29, 2024 -
Courtesy of Honda Motor Co.
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.
By Eric Walz • April 25, 2024 -
Courtesy of Cruise LLC
For Cruise robotaxi business, GM considers ‘outside investments’
Despite billions in losses attributed to its Cruise subsidiary, General Motors CEO Mary Barra said the company believes in the technology.
By Dan Zukowski • April 25, 2024 -
Courtesy of PR Newswire
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 -
Courtesy of Ford Motor Co.
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 -
Courtesy of Nissan Motor Co. Ltd
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 -
Courtesy of General Motors
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 -
Courtesy of Tesla Inc.
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 -
Bill Pugliano via Getty Images
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 -
Harold Cunningham via Getty Images
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 -
Courtesy of General Motors
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 -
Courtesy of Tesla Inc.
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 -
Elijah Nouvelage via Getty Images
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 -
Courtesy of American Honda Motor Co., Inc
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 -
Courtesy of Ford Motor Co.
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 -
Courtesy of Rivian Automotive
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
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