Automakers: Page 22

  • An all-electric Mercedes-AMG EQS 53 4MATIC+ parked.
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    Courtesy of Mercedes-Benz AG
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    Mercedes-Benz delays EV goal amid slowing demand

    Low-cost EV sales are growing faster than more expensive luxury models, a company executive said.

    By • Feb. 23, 2024
  • A woman behind the wheel of a Cadillac Escalade IQ with a pillar-to-pillar dashboard display in view.
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    Courtesy of General Motors
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    GM nearly doubles Super Cruise road network miles

    The automaker increased the number of usable miles from 400,000 to 750,000.

    By • Feb. 23, 2024
  • A Rivian R1T nears undergoes final assembly at the automaker's plant in Normal, Illinois.
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    Courtesy of Rivian Automotive
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    Rivian to lay off 10% of salaried workforce

    A company spokesperson said the hourly manufacturing workers at its plant in Normal, Illinois, would not be affected.

    By • Feb. 21, 2024
  • 2024 Ford Expedition Timberline driving off-road.
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    Courtesy of Ford Motor Co.
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    UAW, Ford reach local deal, staving off strike at Kentucky Truck Plant

    Local 862 was prepared to strike on Friday if the tentative agreement was not reached.

    By • Feb. 21, 2024
  • A red 2022 Jeep Wagoneer SUV on the road with water in the background.
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    Courtesy of Stellantis
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    Stellantis shakes up sales organization in North America

    The reshuffle aims to increase the automaker’s focus on business-to-consumer and business-to-business sales.

    By • Feb. 21, 2024
  • Rendering of Rivian's $5 billion EV manufacturing plant in Stanton Springs, Georgia.
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    Courtesy of Clayco
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    EV battery plant construction booms even as automakers hit the brakes

    The U.S. may need 60 billion batteries and 40 large-scale gigafactories to meet EV demand in 2030, one expert said.

    By Sebastian Obando • Feb. 21, 2024
  • Four 2023 Fisker Ocean models parked.
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    Courtesy of Fisker Inc.
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    Fisker stock is at risk of delisting

    The EV startup has six months to boost its share price above $1 per share to stay on the New York Stock Exchange.

    By • Feb. 20, 2024
  • A light gray Chevrolet Bolt EV parked outside at a charging station at a Chevrolet dealer in Colma, California.
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    Justin Sullivan via Getty Images
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    Dealers reimbursed $135M for clean vehicle tax credits since Jan. 1

    The Clean Vehicle Tax Credit offers consumers the option of a point-of-sale discount of $7,500 for the purchase of qualifying vehicles.

    By • Feb. 16, 2024
  • United Auto Workers President Shawn Fain speaking during a livestream event.
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    United Auto Workers. (2023). "UAW President Shawn Fain Livestream Update 10/6/23" [Video screenshot]. Retrieved from YouTube.
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    Nearly 9,000 UAW members could strike at Ford’s Kentucky Truck Plant

    The autoworkers want Ford to address health and safety issues, “as well as Ford’s continued attempts to erode the skilled trades” at the plant, the union said.

    By • Feb. 16, 2024
  • An overhead view of Stellantis' STLA Medium EV platform with the powertrain components highlighted in orange.
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    Courtesy of Stellantis
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    Stellantis to produce EV drive modules in Hungary

    The modules, which combine an electric motor, reduction gearset and inverter into a single unit, should begin production in late 2026.

    By • Feb. 15, 2024
  • A rendering of Panasonic's upcoming manufacturing facility in De Soto, Kansas. With green grass, trees, and a building with one car coming out and one going out.
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    Courtesy of SSOE Group.

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    Panasonic, Novonix sign synthetic graphite supply deal

    The deal will help the battery maker as it opens its Kansas factory, which is expected to supply automakers like Tesla and Mazda.

    By • Feb. 15, 2024
  • Three 2022 Rivian R1T electric pickups driving.
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    Courtesy of Rivian Automotive
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    Rivian names former Meta, Amazon exec as marketing head

    The move comes weeks before Rivian launches the R2, the automaker’s smaller, more affordable electric crossover.

    By • Feb. 14, 2024
  • The Cruise Origin autonomous ride-hailing vehicle.
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    Courtesy of Cruise LLC
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    GM’s Cruise unit names safety leader amid federal investigations

    Steve Kenner will help the company improve safety and reestablish trust with regulators, government officials and the public.

    By • Feb. 14, 2024
  • A man, talking on mobile phone while looking at the car engine on the side of a road.
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    FluxFactory via Getty Images
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    Vehicle dependability slips after 3 years of ownership: JD Power

    The study found a decline in long-term dependability for two-thirds of the vehicle brands analyzed.

    By • Feb. 13, 2024
  • A rectangle-shaped battery.
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    Courtesy of BYD.

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    BorgWarner inks manufacturing deal with BYD subsidiary

    The auto supplier will use FinDreams Battery’s LFP battery pack design and manufacturing process in Europe, the Americas and parts of the Asia-Pacific region.

    By • Feb. 13, 2024
  • Robots help build a Ford Ranger at the automaker's Michigan Assembly Plant.
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    Courtesy of Ford Motor Co.
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    Why the UAW deal may not result in more automation

    Robots are too expensive for vehicle manufacturers to replace autoworkers at scale, experts say, but they can make assembly plants more efficient.

    By Kalena Thomhave • Feb. 13, 2024
  • A satellite image of the Earth showing a map of electric vehicle charging locations in the United States.
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    Courtesy of IONNA LLC.
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    Joint venture EV charging network Ionna begins operations

    The firm, which seven leading automakers support, plans to install at least 30,000 high-powered public chargers in strategic locations throughout North America.

    By • Feb. 13, 2024
  • The 2025 Honda Civic Hybrid painted red.
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    Courtesy of American Honda
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    Honda’s US sales up 36% last quarter

    Despite below-average discounts, the automaker grew its U.S. market share significantly.

    By , • Feb. 9, 2024
  • GMC Hummer EVs on the assembly line at General Motors' Factory ZERO EV plant in Detroit, Michigan.
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    Nic Antaya via Getty Images
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    GM hires former Tesla exec to lead EV battery strategy

    Kurt Kelty was heavily involved in creating Tesla’s first Gigafactory and has been working on lithium-ion batteries since he worked at Panasonic in 1993.

    By • Feb. 9, 2024
  • FreeWire says the cost of installing and operating its DCFC products can be 20% and 70% lower, respectively, compared with other fast chargers, as they do not require electrical infrastructure upgrade
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    Courtesy of FreeWire
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    GM Envolve to offer FreeWire EV charging to fleet customers

    The automaker’s fleet, delivery and energy operation aims to streamline the vehicle electrification process for its customers.

    By Brian Martucci • Feb. 9, 2024
  • 2024 Nissan Rogue
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    Courtesy of Nissan Motor Corp.
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    Nissan’s profits plunged 43% in Q3

    Logistics issues on the U.S.-Mexico border held the automaker's sales back in the quarter, CFO Stephen Ma said.

    By • Feb. 8, 2024
  • A unibody frame of a Jeep Grand Cherokee traveling down an assembly line above a battery cell.
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    Courtesy of Stellantis.

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    EU passes domestic clean energy act, trailing US supply chain and climate bills

    The European Commission agreed to the Net-Zero Industry Act to increase domestic manufacturing, following similar domestic production acts passed by the U.S.

    By Lamar Johnson • Feb. 8, 2024
  • The assembly line at Toyota Motor Manufacturing, Kentucky, Inc.
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    Courtesy of Toyota Motor North America
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    Toyota investing $1.3B for EV production in Kentucky

    The automaker will install a battery pack assembly line at the Kentucky plant and build a new three-row electric SUV for the U.S. market starting in 2025.

    By • Feb. 8, 2024
  • A green Mustang Mach-E GT AWD with optional Bronze Appearance Package.
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    Courtesy of Ford Motor Co.
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    Ford created a secret team to build an affordable EV

    The automaker plans to launch multiple EVs based on the platform as part of its revamped electrification strategy, CEO Jim Farley said.

    By , • Feb. 8, 2024
  • Volkswagen Group's assembly plant in Chattanooga, Tenneesee.
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    Courtesy of Volkswagen Group
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    Most Volkswagen autoworkers in Tennessee want to join union, UAW says

    With a majority of workers having signed union cards, the United Auto Workers lauded the moment as a positive sign for its industry unionization drive.

    By • Feb. 7, 2024