Automakers: Page 15
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Volkswagen invests $1B in Rivian with plans for a joint venture
The new, equally-controlled business will focus on developing a next-generation electrical/electronic architecture for EVs.
By Haley Cawthon • June 25, 2024 -
Toyota recalls 145,000 SUVs for airbag fault
The driver's side-curtain airbag of 2024 Grand Highlander and Lexus TX SUVs may not deploy as intended.
By Eric Walz • June 25, 2024 -
LG launches suite of products for software-defined vehicles
AlphaWare can integrate with existing OEM vehicle systems and help automakers create immersive experiences for drivers and passengers.
By Eric Walz • June 24, 2024 -
Toyota plans new drivetrain parts facility in Texas
The automaker is investing $531 million to add a 500,000-square-foot plant to its San Antonio campus.
By Haley Cawthon • June 21, 2024 -
Retrieved from Georgia Ports Authority on June 18, 2024
Hyundai EV campus fuels Georgia ports volume growth
The automaker’s more than $5 billion manufacturing campus is already driving growth in the state, despite production slated to start in Q4.
By Alejandra Carranza • June 21, 2024 -
Ionna EV charging venture picks global HQ, executive team
Seven major automakers, including Honda and BMW, established the joint initiative in 2023 with plans to install 30,000 chargers in North America by 2030.
By Eric Walz • June 21, 2024 -
Hino Motors to close Arkansas plant, lay off 1,300 workers
The Toyota subsidiary plans to close its largest U.S. plant as it exits the auto parts business.
By Sara Samora • June 20, 2024 -
Ford ends Model e EV program for dealers
The automaker faced pushback over the program’s significant upfront investment costs.
By Eric Walz • June 20, 2024 -
Stellantis recalls over 1M vehicles to fix rearview camera fault
The problem, which potentially impacts over 1 million vehicles, was determined using vehicle manufacturing records.
By Eric Walz • June 18, 2024 -
Stellantis shares software vision and new products for retail customers
The next-generation vehicle features are being developed in-house with strategic partners and will be customized for each of the automaker’s brands.
By Eric Walz • June 17, 2024 -
Trump could roll back Inflation Reduction Act tax credits if reelected
Volkswagen and Samsung SDI leaders expressed concerns at a conference last week about the stability of the IRA should the administration change.
By Kate Magill • June 17, 2024 -
Tracker
Tracking US auto sales by month
Honda, Hyundai and Kia set all-time sales records in March, while Volvo tumbled.
Updated April 16, 2025 -
Deep Dive
The Port of Baltimore is reopened from the bridge collapse. How much cargo will return?
With wreckage from the Francis Scott Key Bridge collapse removed, leaders are bullish on the port’s ability to retain customers.
By Colin Campbell • June 13, 2024 -
Toyota adds production lines with $282M Alabama expansion
The Huntsville manufacturing facility will add 350 jobs as a part of the investment.
By Haley Cawthon • June 13, 2024 -
GM board approves $6B stock buyback
It’s the automaker’s second major buyback following a $10 billion accelerated share repurchase announced in November.
By Eric Walz • June 12, 2024 -
CPKC’s next distribution center to aid automotive growth
The railroad expects the 30-acre facility will help it move finished vehicles more efficiently.
By Larry Avila • June 12, 2024 -
Kia recalls up to 463K Telluride SUVs for seat motor fire risk
The automaker’s safety engineers discovered a micro switch misalignment was causing continuous motor operation on some vehicles.
By Eric Walz • June 11, 2024 -
Some large SUVs fall short on safety: IIHS
The 2023-2024 Jeep Wagoneer was the only model to earn a Top Safety Pick award, outperforming GM and Ford SUVs.
By Eric Walz • June 10, 2024 -
Canada border disruption? What shippers should know about a possible strike
If a strike happens, shippers can expect lengthy delays moving freight on trucks between the U.S. and Canada.
By Larry Avila • Updated June 7, 2024 -
More young Americans would consider buying China-made cars: survey
Plus, affordable EVs from brands based in China could likely avoid U.S. tariffs if the cars are built in North America.
By Kalena Thomhave • June 6, 2024 -
GM promotes 2 former Apple execs to lead its software organization
The executive appointments come as the automaker aims to make software a core component of its vehicle and customer experience.
By Eric Walz • June 5, 2024 -
Stellantis CEO on US tariffs: ‘You cannot stop the competition’
Carlos Tavares believes the Biden administration is focusing on short-term issues instead of challenging China’s automakers in the electric vehicle market.
By Haley Cawthon • June 4, 2024 -
Ford shows off renovated tech and innovation hub in Detroit
The automaker’s Model e and Integrated Services teams will work out of a former train station that underwent an extensive restoration project.
By Eric Walz • June 4, 2024 -
Polestar ‘evaluating’ potential impact of expanded EV tariffs
The brand, which is gearing up to launch a new U.S.-built electric crossover this year, sources key parts from China.
By Eric Walz • June 4, 2024 -
Tesla recalls 125K vehicles to fix seat belt warning issue
It’s the EV maker’s fifth recall this year, following a Cybertruck accelerator pedal issue in April.
By Eric Walz • June 3, 2024