Automakers: Page 18
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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 -
Courtesy of Ford Motor Co.
Ford recalls over 456K Bronco Sport, Maverick models
An undetected low battery charge can result in a loss of drive power on two of the automaker’s more popular vehicles.
By Eric Walz • April 18, 2024 -
Tomohiro Ohsumi via Getty Images
Toyota clinches $150M for new climate-focused fund
The fund will build on the automaker’s inaugural 2021 climate fund, which has backed climate tech startups and carbon capture and storage companies.
By Zoya Mirza • April 17, 2024 -
Delmaine Donson via Getty Images
The great stagnation: Workers feel replaceable amid hiring push
A disconnect between employer perceptions and worker realities around advancement points to an opportunity for worker upskilling, a report said.
By Carolyn Crist • April 16, 2024 -
Courtesy of Rimac Technologies
BMW, Rimac Technology to co-produce battery tech for EVs
The electric vehicle technology company expects the partnership — its largest and most ambitious yet — will help it become a high-volume Tier 1 automotive supplier.
By Eric Walz • April 16, 2024 -
Courtesy of Tesla Inc.
Tesla to cut 10% of global workforce: reports
CEO Elon Musk cited the company’s push for cost reduction and existence of duplicative roles as reasons for the layoffs.
By Eric Walz • April 15, 2024 -
Permission granted by Industry Dive
American Honda gives data a promotion on the road to AI
The automotive company is pursuing an AI-for-all strategy, VP of IT Bob Brizendine said on a CIO Dive panel.
By Matt Ashare • April 12, 2024 -
Courtesy of BMW Group AG
BMW, Tata Technologies to collaborate on software-defined vehicles
The deal adds to a trend of automakers seeking out external tech expertise to help develop next-generation vehicles.
By Eric Walz • April 12, 2024 -
Courtesy of Stellantis
Stellantis trims dealer support center network
The move comes after the automaker updated its corporate sales structure in North America.
By Eric Walz • April 11, 2024 -
Courtesy of Cruise LLC
Cruise to resume mapping for robotaxis in Phoenix
It’s the first deployment of the company’s vehicles on public roads since California regulators suspended its permits last fall.
By Eric Walz • April 11, 2024 -
Courtesy of Kia Corporation
Kia wants electrified vehicles to make up 58% of sales by 2030
The automaker will lean more into hybrid vehicles as short-term EV demand stagnates.
By Eric Walz • April 11, 2024
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