Automakers: Page 14
-
Courtesy of Rivian Automotive
Rivian to lay off 10% of salaried workforce
A company spokesperson said the hourly manufacturing workers at its plant in Normal, Illinois, would not be affected.
By Michael Brady • Feb. 21, 2024 -
Courtesy of Ford Motor Co.
UAW, Ford reach local deal, staving off strike at Kentucky Truck Plant
Local 862 was prepared to strike on Friday if the tentative agreement was not reached.
By Michael Brady • Feb. 21, 2024 -
Courtesy of Stellantis
Stellantis shakes up sales organization in North America
The reshuffle aims to increase the automaker’s focus on business-to-consumer and business-to-business sales.
By Eric Walz • Feb. 21, 2024 -
Courtesy of Clayco
EV battery plant construction booms even as automakers hit the brakes
The U.S. may need 60 billion batteries and 40 large-scale gigafactories to meet EV demand in 2030, one expert said.
By Sebastian Obando • Feb. 21, 2024 -
Courtesy of Fisker Inc.
Fisker stock is at risk of delisting
The EV startup has six months to boost its share price above $1 per share to stay on the New York Stock Exchange.
By Michael Brady • Feb. 20, 2024 -
Justin Sullivan via Getty Images
Dealers reimbursed $135M for clean vehicle tax credits since Jan. 1
The Clean Vehicle Tax Credit offers consumers the option of a point-of-sale discount of $7,500 for the purchase of qualifying vehicles.
By Eric Walz • Feb. 16, 2024 -
United Auto Workers. (2023). "UAW President Shawn Fain Livestream Update 10/6/23" [Video screenshot]. Retrieved from YouTube.
Nearly 9,000 UAW members could strike at Ford’s Kentucky Truck Plant
The autoworkers want Ford to address health and safety issues, “as well as Ford’s continued attempts to erode the skilled trades” at the plant, the union said.
By Michael Brady • Feb. 16, 2024 -
Courtesy of Stellantis
Stellantis to produce EV drive modules in Hungary
The modules, which combine an electric motor, reduction gearset and inverter into a single unit, should begin production in late 2026.
By Eric Walz • Feb. 15, 2024 -
Courtesy of SSOE Group.
Panasonic, Novonix sign synthetic graphite supply deal
The deal will help the battery maker as it opens its Kansas factory, which is expected to supply automakers like Tesla and Mazda.
By Kate Magill • Feb. 15, 2024 -
Courtesy of Rivian Automotive
Rivian names former Meta, Amazon exec as marketing head
The move comes weeks before Rivian launches the R2, the automaker’s smaller, more affordable electric crossover.
By Michael Brady • Feb. 14, 2024 -
Courtesy of Cruise LLC
GM’s Cruise unit names safety leader amid federal investigations
Steve Kenner will help the company improve safety and reestablish trust with regulators, government officials and the public.
By Michael Brady • Feb. 14, 2024 -
FluxFactory via Getty Images
Vehicle dependability slips after 3 years of ownership: JD Power
The study found a decline in long-term dependability for two-thirds of the vehicle brands analyzed.
By Eric Walz • Feb. 13, 2024 -
Courtesy of BYD.
BorgWarner inks manufacturing deal with BYD subsidiary
The auto supplier will use FinDreams Battery’s LFP battery pack design and manufacturing process in Europe, the Americas and parts of the Asia-Pacific region.
By Sara Samora • Feb. 13, 2024 -
Courtesy of Ford Motor Co.
Why the UAW deal may not result in more automation
Robots are too expensive for vehicle manufacturers to replace autoworkers at scale, experts say, but they can make assembly plants more efficient.
By Kalena Thomhave • Feb. 13, 2024 -
Courtesy of IONNA LLC.
Joint venture EV charging network Ionna begins operations
The firm, which seven leading automakers support, plans to install at least 30,000 high-powered public chargers in strategic locations throughout North America.
By Eric Walz • Feb. 13, 2024 -
Courtesy of American Honda
Honda’s US sales up 36% last quarter
Despite below-average discounts, the automaker grew its U.S. market share significantly.
By Michael Brady , Eric Walz • Feb. 9, 2024 -
Nic Antaya via Getty Images
GM hires former Tesla exec to lead EV battery strategy
Kurt Kelty was heavily involved in creating Tesla’s first Gigafactory and has been working on lithium-ion batteries since he worked at Panasonic in 1993.
By Michael Brady • Feb. 9, 2024 -
Courtesy of FreeWire
GM Envolve to offer FreeWire EV charging to fleet customers
The automaker’s fleet, delivery and energy operation aims to streamline the vehicle electrification process for its customers.
By Brian Martucci • Feb. 9, 2024 -
Courtesy of Nissan Motor Corp.
Nissan’s profits plunged 43% in Q3
Logistics issues on the U.S.-Mexico border held the automaker's sales back in the quarter, CFO Stephen Ma said.
By Michael Brady • Feb. 8, 2024 -
Courtesy of Stellantis.
EU passes domestic clean energy act, trailing US supply chain and climate bills
The European Commission agreed to the Net-Zero Industry Act to increase domestic manufacturing, following similar domestic production acts passed by the U.S.
By Lamar Johnson • Feb. 8, 2024 -
Courtesy of Toyota Motor North America
Toyota investing $1.3B for EV production in Kentucky
The automaker will install a battery pack assembly line at the Kentucky plant and build a new three-row electric SUV for the U.S. market starting in 2025.
By Eric Walz • Feb. 8, 2024 -
Courtesy of Ford Motor Co.
Ford created a secret team to build an affordable EV
The automaker plans to launch multiple EVs based on the platform as part of its revamped electrification strategy, CEO Jim Farley said.
By Eric Walz , Michael Brady • Feb. 8, 2024 -
Courtesy of Volkswagen Group
Most Volkswagen autoworkers in Tennessee want to join union, UAW says
With a majority of workers having signed union cards, the United Auto Workers lauded the moment as a positive sign for its industry unionization drive.
By Michael Brady • Feb. 7, 2024 -
Courtesy of Toyota Motor North America
Toyota reports strong earnings as hybrid sales boom
The automaker also raised its full-year guidance.
By Michael Brady • Feb. 7, 2024 -
Courtesy of General Motors
GM, LG Chem ink $19B cathode material supply deal
The South Korea-based chemical maker will supply the automaker with enough CAM to power five million EVs.
By Ben Unglesbee • Feb. 7, 2024
Previous
