Automakers: Page 17
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GM CEO: ‘We are committed to Cruise’
Despite investigations, ongoing safety concerns and a $2.7 billion loss last year for the robotaxi unit, General Motors CEO Mary Barra insists the “technology is sound.”
By Dan Zukowski • Jan. 31, 2024 -
New vehicle sales slowed in January
Sales volume is projected to end the month down an estimated 21.3% from December, Cox Automotive said.
By Michael Brady • Jan. 30, 2024 -
Automotive industry outlook for 2024
Executives are adjusting plans as they deal with economic headwinds, a web of federal mandates and the fallout of the United Auto Workers deal.
By Michael Brady • Jan. 30, 2024 -
BMW aims to deploy humanoid robots at its Spartanburg factory
The automaker is testing how general-purpose robots could improve factory productivity as part of a multi-stage deployment deal.
By Eric Walz • Jan. 29, 2024 -
Lincoln plans to buy out another 100 US dealers in 2024
Ford’s luxury brand is streamlining its sales network to match supply and demand.
By Eric Walz • Jan. 29, 2024 -
Justice Department, SEC to investigate Cruise robotaxi pedestrian crash
Cruise exhibited poor leadership, poor judgment and an adversarial attitude toward regulators, according to a report it and General Motors commissioned on the crash.
By Dan Zukowski • Jan. 29, 2024 -
GM, Honda begin hydrogen fuel cell production at Michigan factory
The joint venture incorporates many industry-first techniques for automating the production of fuel cells.
By Eric Walz • Jan. 26, 2024 -
Hyundai raked in record profits in 2023
Despite last year’s success, the automaker is taking a cautious approach in 2024 as high interest rates and a global economic slowdown threaten new vehicle sales.
By Michael Brady • Jan. 26, 2024 -
Stellantis acquires CloudMade’s AI technology for software-defined vehicles
More than 40 engineers and software developers will join the automaker as part of the deal.
By Michael Brady • Jan. 26, 2024 -
Tesla warns of growing competition from automakers in China
CEO Elon Musk suggested increasing trade barriers could help fend off competition.
By Eric Walz • Jan. 25, 2024 -
Lucid Motors expands Arizona plant ahead of Gravity launch
The plant will grow by about 3 million square feet as the company adds a new manufacturing facility, storage space and more.
By Michael Brady • Jan. 25, 2024 -
Fisker says more than 100 dealers are interested in selling its EVs
The EV startup also said it would sell all its unsold 2023 vehicle inventory by the end of the first quarter of 2024 to improve its balance sheet.
By Eric Walz • Jan. 24, 2024 -
Hyundai unveils ‘Active Air Skirt’ to improve EV range, stability
The technology increases downforce and reduces turbulence, which improves traction and stability at higher speeds.
By Eric Walz • Jan. 24, 2024 -
Could 2024 be the year of LFP batteries?
As automakers push for alternative EV battery options, experts say LFP, solid-state and sodium-ion batteries are worth watching in the year ahead.
By Kate Magill • Jan. 24, 2024 -
Stellantis unveils vehicle platform for full-size EVs
The automaker plans to launch eight new vehicles on the STLA Large platform across five brands from 2024 to 2026.
By Eric Walz • Jan. 23, 2024 -
GMC expanding to China, Australia and New Zealand
The automaker said entering new global markets would bolster its established operations in the U.S., Mexico, Canada and the Middle East.
By Eric Walz • Jan. 23, 2024 -
The hardest manufacturing jobs to fill this year
U.S. EV manufacturers are struggling to find enough workers for positions like automation engineers and machinists.
By Joelle Anselmo • Jan. 23, 2024 -
Goodyear names former Stellantis exec CEO
Mark Stewart, former chief operating officer of North America at Stellantis, will lead the automotive supplier’s corporate transformation as it seeks a return to profitability.
By Michael Brady • Jan. 22, 2024 -
Hyundai, Kia restructure R&D for mobility, software-defined vehicles
It’s the second time the automakers have reorganized their R&D efforts in the past year.
By Michael Brady • Jan. 19, 2024 -
Ford to cut F-150 Lightning production amid slowing demand
The automaker is also increasing Bronco and Bronco Raptor production to grow sales and profitability.
By Eric Walz • Jan. 19, 2024 -
Consumer satisfaction with car buying experience the highest since 2020
Larger inventories, higher discounts and more streamlined purchasing experiences are making it easier and faster for consumers to get into a new vehicle, a Cox Automotive survey found.
By Michael Brady • Jan. 18, 2024 -
Sixt to buy up to 250,000 vehicles from Stellantis
The rental car company plans to buy a wide range of vehicle types, including city cars, SUVs and vans, from Fiat, Jeep, Peugeot and more.
By Michael Brady • Jan. 17, 2024 -
UAW president calls out Stellantis for laying off over 500 workers
The news could make it more difficult for the United Auto Workers to convince non-union autoworkers to join its ranks.
By Michael Brady • Jan. 17, 2024 -
Stellantis replaces its North America COO
Before joining Stellantis, Carlos Zarlenga served as president and CEO of General Motors South America.
By Eric Walz • Jan. 16, 2024 -
Stellantis invests in sodium-ion battery startup Tiamat
The technology uses no lithium or cobalt and could help Stellantis reduce its dependence on other countries, including China, for EV battery materials.
By Michael Brady • Jan. 16, 2024