Just 1 in 4 automakers ready for software-defined vehicles

Over half of automakers preferred a proprietary software model, while suppliers and tech firms preferred a mix of open-source and proprietary vehicle software, an AlixPartners survey found.

By Michael Brady • Jan. 5, 2024

EV startup Fisker abandoning its direct-to-consumer sales model in the US

The automaker expects to have approximately 100 dealer locations in North America and Europe.

By Eric Walz • Jan. 5, 2024

Ford, VW report 2023 sales growth as pickups and crossovers reign supreme

“We saw strong gains coming from gas-powered vehicles and record setting sales for our hybrid and electric vehicles,” Ford Blue President Andrew Frick said.

By Eric Walz • Jan. 5, 2024

GM to provide $7,500 incentive for EVs that lost tax credit eligibility

The move aims to help General Motors dealers sell EVs until more of its models are eligible for federal clean energy vehicle tax credits.

By Michael Brady • Jan. 4, 2024

Cummins reaches $1.7B settlement with EPA, California for emissions violations

The Justice Department accused the engine maker of installing parts that exceeded emissions standards in 630,000 Dodge Ram pickup trucks.

By Sara Samora • Jan. 4, 2024

GM, Hyundai and other top automakers report record US sales in 2023

Higher deliveries, supply chain improvements and stronger dealer incentives fueled the jump in new vehicle sales.

By Eric Walz • Jan. 4, 2024

Tesla loses EV sales crown to BYD in Q4, despite annual sales record

The change in quarterly sales rankings signals growing competition in China and other major markets.

By Eric Walz • Jan. 3, 2024

Amazon to trial Mercedes-Benz hydrogen fuel-cell trucks in 2024

Daimler Truck aims to make its carbon neutral vehicles available in core markets, including the U.S., Europe and Japan, by 2039.

By Iulia Gheorghiu • Jan. 3, 2024

Over 20 EVs will lose tax credit eligibility in 2024

Fewer eligible vehicles could make it harder for automakers to sell EVs by making them less affordable.

By Michael Brady • Jan. 2, 2024

US new vehicle sales up 12.8% in 2023: J.D. Power

Despite declining transaction prices, dealers’ “profits continue to exceed pre-pandemic levels,” Thomas King, president of the data and analytics division at J.D. Power, said.

By Michael Brady • Dec. 22, 2023

Mercedes-Benz approved to use turquoise-colored lights for self-driving vehicles

It’s the first-ever approval from regulators in California and Nevada to use special colored lighting to indicate the vehicle is operating in autonomous mode.

By Eric Walz • Dec. 21, 2023

Mexico’s nearshoring wave is years in the making

Whether through foreign direct investments or internationally purchased goods, the automotive sector has an outsized share of Mexico's trade.

By Alejandra Carranza , Edwin Lopez • Dec. 21, 2023

GM buys out around half of its Buick dealers

Dealers accepting the buyouts declined to invest hundreds of thousands of dollars to sell and service General Motors’ future electric vehicles.

By Eric Walz • Dec. 21, 2023

Automakers protest forced recall of 52M air bag inflators

General Motors, Ford Motor Co. and eight other automakers said the risks are too low to warrant a forced recall by the National Highway Traffic Safety Administration.

By Michael Brady • Dec. 21, 2023

Hyundai creates CX division, combining retail and after-sales

Michel Poirier will lead the division, which was created in an effort to streamline the automaker’s CX efforts.

By Kristen Doerer • Dec. 20, 2023

Mercedes-Benz to test Level 3 autonomous driving on roads in China

The testing permit could pave the way for the carmaker to offer its Drive Pilot feature, which does not require a driver’s full attention, to customers in the world’s biggest auto market.

By Eric Walz • Dec. 20, 2023

Tesla to raise wages 10% at Nevada gigafactory: CNBC

The automaker will increase wages from $20 to $22 per hour for employees at the bottom of the payscale, while high-wage workers will go from $30.65 to $34.50.

By Michael Brady • Dec. 20, 2023

Volkswagen denies union-busting claims as UAW files another unfair labor complaint

The union said the automaker’s social media, dress code and flier policies are “unlawful” and “have a chilling effect on workers’ rights” to publicly discuss labor conditions and organize.

By Michael Brady • Dec. 19, 2023

BWH Hotels to bring Tesla EV charging stations to North American properties

The partnership is the latest between a hotel company and EV charging provider as hotels increasingly seek to cater to eco-conscious guests.

By Noelle Mateer • Dec. 18, 2023

GM shakes up product development team amid EV, Cruise troubles

The news comes as General Motors struggles to launch new EVs, and its self-driving unit Cruise faces an uncertain future.

By Michael Brady • Dec. 18, 2023

Ford Credit CEO to retire as company names replacement

The division’s incoming CEO, Cathy O’Callaghan, is currently chief accounting officer but will take the helm Feb. 12.

By Michael Brady • Dec. 18, 2023

Automakers could face anti-drunk driving technology mandate

The National Highway Traffic Safety Administration aims to publish its final rule before the end of next year, with manufacturers needing to comply as soon as 2026.

By Michael Brady • Dec. 15, 2023

GM to layoff 1,300 workers at 2 plants in Michigan

Workers at the automaker’s Orion Assembly plant, which builds the outgoing Chevrolet Bolt EV models, make up most of the cuts.

By Eric Walz • Dec. 15, 2023

Treasury releases guidance on IRA clean energy tax credits

Battery manufacturers can receive a tax credit on a percentage of their production costs until 2033.

By Joelle Anselmo • Dec. 15, 2023

Lucid CFO resigns in latest leadership shakeup

The news comes weeks after the company unveiled its Gravity SUV and days after the automaker was removed from the Nasdaq-100 Index.

By Michael Brady • Dec. 14, 2023