Ford expects to lose $4.5B on EVs in 2023

The automaker will focus on fewer, higher volume models in popular segments, such as pickups and full-size SUVs, for its next generation of electric vehicles.

By Eric Walz • July 28, 2023

Tesla inflated driving range estimates with rigged algorithm: Reuters

The automaker’s range deception tactics are part of a long-term pattern of overstating the capabilities of its technology.

By Eric Walz • July 27, 2023

Toyota launches 3 research projects to improve road safety as regulations loom

The automaker’s Collaborative Research Safety Center will study driver support features for lane centering, develop an in-vehicle intervention and evaluate how data can improve technology that promotes safer driving.

By Michael Brady • July 27, 2023

Nissan, Renault overhaul their alliance

The two companies will keep a 15% stake in each other, with Renault Group transferring 28.4% of its Nissan shares to a French trust.

By Michael Brady • July 27, 2023

7 automakers form massive EV charging joint venture

The collaboration will create one of North America's largest public EV charging networks and include 30,000 high-powered chargers.

By Eric Walz • July 27, 2023

VinFast to break ground on first $2B phase of US plant

The facility will be the Vietnam-based startup’s first North American location and the first automotive manufacturing plant in North Carolina.

By Sara Samora • July 26, 2023

GM to bring back Chevrolet Bolt despite earlier plan to discontinue the EV

The automaker also said during its earning call that rising costs, including from its battery joint venture with LG, cut into its margins.

By Eric Walz • July 26, 2023

A more aggressive UAW bargains with the Big Three

The union is demanding an end to tiered wage structures, the reinstatement of cost-of-living allowances and stronger job security amid the shadow of the transition to electric vehicles.

By Kalena Thomhave • July 26, 2023

Automaker websites are getting better: J.D. Power

Ram, GMC and Jeep have the best websites among mass-market brands, according to a new study from the consumer intelligence company.

By Michael Brady • July 25, 2023

Stellantis, Samsung SDI plan second US gigafactory

The automaker is shoring up battery manufacturing capacity to meet its EV production targets. 

By Megan Ruggles • July 25, 2023

New car owners unimpressed with their vehicles: J.D. Power

Overall satisfaction declined two years in a row, according to the survey. “It’s an indicator that larger issues may lie under the surface,” said Frank Hanley, senior director of auto benchmarking.

By Eric Walz • July 24, 2023

Car shoppers like subscriptions more than expected: S&P Global Mobility

Over 80% of survey respondents who experienced a free trial or existing subscription said they would definitely or probably buy subscription-based services for a future vehicle.

By Michael Brady • July 24, 2023

Tesla reports highest ever quarterly revenue of $24.9B in Q2

CEO Elon Musk said the company is also talking with major automakers to license Tesla’s Full Self-Driving autonomous driving technology.

By Eric Walz • July 21, 2023

Ford supplier invests $790M to build 3 Tennessee plants

Magna International will produce key parts for Ford’s second-generation electric truck, and is the first company to join the automaker’s supplier park.

By Sara Samora • July 21, 2023

Tony Posawatz named Fermata Energy CEO

The former Fisker Automotive CEO also led the development of the Chevrolet Volt.

By Michael Brady • July 20, 2023

Volkswagen overhauls human rights due diligence in materials supply chain

The automaker has deepened its analysis and taken part in several responsible sourcing initiatives to comply with a new German law targeting abuses in supply chains.

By Ben Unglesbee • July 20, 2023

Nissan is first Japanese automaker to adopt Tesla’s EV charging port

The company will offer the North American Charging Standard port on its Ariya SUV in 2024 and future models in 2025.

By Eric Walz • July 20, 2023

GM names new chief marketing officer

The auto giant scoops Norm de Greve from CVS Health.

By Michael Brady • July 19, 2023

Stellantis revamps its semiconductor strategy to ensure long-term supply

The company wants to avoid supply chain disruptions, which significantly impacted global vehicle production and sales during the pandemic.

By Eric Walz • July 19, 2023

Carlos Ghosn says Nissan, Renault relationship strained, mulling ‘mini alliance’

The former Nissan head said “the alliance was shattered” after his 2018 arrest on embezzlement charges.

By Michael Brady • July 19, 2023

Mercedes-Benz brings ChatGPT to factories

The automaker is piloting the technology in its production process ahead of a global rollout.

By Kate Magill • July 19, 2023

Ford cuts electric F-150 Lightning MSRPs by up to nearly $10K

The automaker said it cut prices on its electric pickup lineup amid lower battery raw material costs and improved production efficiencies.

By Eric Walz • July 18, 2023

Audi deploys new cloud-based IT system in Germany factory

The new control system paves the way for software and tools that support workers and vehicle diagnostics, predict maintenance needs and lower energy use, executives said.

By Michael Brady • July 18, 2023

Automotive semiconductor shortage mostly resolved: S&P Global

The semiconductor shortage that disrupted vehicle production over the past two years is just about over. But as vehicles become more complex, supply chain disruptions may impact production and sales.

By Eric Walz • July 17, 2023

Kia to invest over $200M in Georgia plant expansion

The West Point expansion will enable the automaker to produce its first electric vehicle in North America.

By Sara Samora • July 17, 2023