Automakers: Page 2
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Stellantis Q3 year-over-year revenue nosedives 27%
The automaker shipped fewer new vehicles during the quarter as it prioritizes EV rollouts and selling excess inventory.
By Larry Avila • Nov. 4, 2024 -
Toyota, Suzuki to launch electric SUV
Toyota describes the forthcoming vehicle as a “nimble SUV with the sharp driving characteristics of a BEV.”
By Eric Walz • Nov. 1, 2024 -
Stellantis, Factorial to launch demo fleet to test solid-state-EV batteries
A fleet of electric Dodge Charger Daytonas will evaluate their real-world performance with the goal of commercializing the technology.
By Eric Walz • Nov. 1, 2024 -
Vehicle pricing fell year-over-year in Q3: Cox Automotive
The average value of discounts and other incentives increased for the third straight month.
By Kalena Thomhave • Nov. 1, 2024 -
Mercedes-Benz opens its own battery recycling factory
With a targeted recovery rate of up to 96%, the facility will process and recycle enough materials to produce more than 50,000 new battery modules per year.
By Eric Walz • Oct. 31, 2024 -
Ford Integrated Services unit chief departs for Peloton
Peter Stern's team was tasked with building out the automaker’s BlueCruise hands-free highway driving system and other key technology projects.
By Eric Walz • Updated Nov. 11, 2024 -
Warranty spend weighs on Ford’s Q3 profit
The automaker said it would be on pace for record profit in 2024 if it weren’t for higher-than-expected warranty costs.
By Haley Cawthon • Oct. 30, 2024 -
Volvo dials back full-year growth projections
However, Volvo Cars’ CEO Jim Rowan believes reluctant buyers will be swayed when the automaker introduces its expanded EV and hybrid lineup.
By Larry Avila • Oct. 29, 2024 -
Mercedes-Benz Q3 earnings tumble amid subdued world economy
The automaker blamed lower vehicle sales on weak demand in many global markets, especially China, where the luxury segment struggled.
By Haley Cawthon • Oct. 29, 2024 -
Stellantis recalls 21K vehicles for ‘brake pedal collapse’
The automaker is advising drivers to use the electronic parking brake to slow the vehicle to a stop if the brake fault occurs.
By Eric Walz • Oct. 28, 2024 -
BMW of North America shuffles C-suite leadership
The automaker names new executives to lead its eastern and western operations after its U.S. sales slip.
By Larry Avila • Oct. 28, 2024 -
Hyundai revenue grows 4.7% YoY in Q3
The automaker’s hybrid sales increased nearly 30% in the U.S. year over year.
By Eric Walz • Oct. 25, 2024 -
Tesla Q3 profits boosted by rising Full Self-Driving revenue
CEO Elon Musk said rapid advancements with FSD have made it challenging to find flaws in the technology.
By Haley Cawthon • Oct. 24, 2024 -
More automakers install improved tech to remind drivers to buckle up
Louder warnings to passengers are among the measures OEMs take, according to IIHS.
By Larry Avila • Oct. 24, 2024 -
Honda previews next-gen tech for its new ‘0 Series’ EVs
The first model is expected to launch in 2026 and will be built on a newly developed platform.
By Eric Walz • Oct. 24, 2024 -
GM targets EV growth with 500-mile range trucks
The automaker's Q3 revenues topped analysts’ estimates for the fourth straight quarter as it focuses on EV growth.
By Larry Avila • Oct. 23, 2024 -
Honda recalls nearly 721K vehicles for potential fuel leak
The recall, which stems from an investigation that began last year, covers certain Accord, CR-V and Civic models.
By Eric Walz • Oct. 22, 2024 -
NHTSA opens safety probe for up to 2.4M Tesla vehicles
One of the incidents under investigation is a fatal collision with a pedestrian while the Full Self-Driving feature was active.
By Eric Walz • Oct. 22, 2024 -
Ford inks battery supply deal with LG Energy Solution
Under the agreement, the companies will move battery production for the Mustang Mach-E from Poland to Michigan.
By Eric Walz • Oct. 22, 2024 -
Nissan joins ChargeScape EV charging joint venture
The company along with BMW, Ford and Honda will deploy electric vehicle charging software aiming to simplify charging and return power to the grid.
By Kalena Thomhave • Oct. 21, 2024 -
Honda supply chain woes had little impact on September sales
While the disruptions from Hurricane Helene have subsided, retooling efforts for Ohio EV production are still hampering its manufacturing activity.
By Kelly Stroh • Oct. 18, 2024 -
The auto industry’s cybersecurity challenges are mounting, experts say
Regulators could soon impose more cybersecurity requirements on OEMs and their suppliers.
By Michael Brady • Oct. 18, 2024 -
Volvo Cars deputy CEO steps down
The automaker announced several leadership changes as it attempts to navigate geopolitical and macroeconomic uncertainties.
By Haley Cawthon • Oct. 17, 2024 -
Hyundai, Kia and Samsung form software-defined vehicle alliance
The three companies plan to develop technology that links vehicles and smartphones using Samsung’s global “SmartThings” platform.
By Eric Walz • Oct. 17, 2024 -
GM Energy launches ‘PowerBank’ home energy storage unit for EVs
Customers can pair two stationary batteries for up to 35.4 kilowatt hours of energy storage, enough to power an average U.S. home for up to 20 hours.
By Eric Walz • Oct. 15, 2024