Automakers: Page 34
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Hyundai investing $290M to upgrade Alabama assembly plant
The investment will prepare the facility to produce the fifth generation of its Santa Fe gas-powered sport utility vehicle.
By Sara Samora • Aug. 24, 2023 -
Stellantis picks AGI to install EV chargers at US dealerships
The automaker wants to prepare over 2,600 dealers to sell and service electric vehicles.
By Eric Walz • Aug. 24, 2023 -
US regulators approve Massachusetts right-to-repair law
The National Highway Traffic Safety Administration reversed course after initially warning automakers to ignore the law over vehicle hacking concerns.
By Eric Walz • Aug. 24, 2023 -
UAW strike would have domino effect on suppliers
Many auto suppliers, already experiencing economic instability, are unprepared for a strike and may turn to layoffs to deal with a work stoppage.
By Kalena Thomhave • Aug. 22, 2023 -
NHTSA wants automakers to add more seat belt warnings
Half of vehicle occupants who died in U.S. motor vehicle crashes in 2021 were unbelted, the National Highway Traffic Safety Administration said.
By Michael Brady • Aug. 22, 2023 -
Hyundai supplier to invest $114M in expanding Alabama operations
The project will add a new production building at Shinhwa Auto USA's Auburn site and expand the driveshaft manufacturer's die-casting operations.
By Sara Samora • Aug. 22, 2023 -
Offering power seats with memory can boost automakers’ customer satisfaction: JD Power
Mass-market brands lag behind premium brands when it comes to memory seat technology.
By Eric Walz • Aug. 21, 2023 -
Automakers warn automatic emergency braking requirements could cause crashes
Hyundai, Mitsubishi and Porsche said the National Highway Traffic Safety Administration’s proposed rule could lead to false alarms and avoidable collisions.
By Michael Brady • Aug. 21, 2023 -
Continental, AWS aim to accelerate automotive software development with virtual tools
The auto supplier and Amazon Web Services said the virtual Electronic Control Unit Creator could reduce development time by up to 12 months.
By Eric Walz • Aug. 18, 2023 -
Ford, SK On, EcoProBM partner on Canada EV battery facility
The nearly $1 billion factory in Québec will produce cathode materials for the automaker and help shorten its North American supply chain.
By Kate Magill • Aug. 18, 2023 -
Stellantis invests $100M in world’s largest geothermal lithium mining project
Lithium mining company Controlled Thermal Resources developed a more environmentally friendly process to extract lithium from geothermal brine.
By Eric Walz • Aug. 17, 2023 -
GM leads $60M investment in Mitra Chem to develop low-cost EV batteries
Mitra Chem says its technology can reduce electric vehicle battery development times by 90%.
By Eric Walz • Updated Aug. 21, 2023 -
Retrieved from Tesla via YouTube on August 11, 2023
Is Tesla’s ‘Master of Coin’ the CFO white whale?
Zachary Kirkhorn’s sudden exit from the EV maker has sparked questions around what a second act might look like for a 38-year-old ex-CFO with a net worth of $590 million.
By Maura Webber Sadovi • Aug. 16, 2023 -
Ford to preinstall hands-free highway driving hardware on 500,000 vehicles by 2024
The automaker is offering customers a 90-day free trial of BlueCruise, with the option to buy an annual or monthly subscription.
By Eric Walz • Aug. 16, 2023 -
Tesla launches lower-priced Model S, X versions
The automaker has cut electric vehicle prices multiple times since last year, but CEO Elon Musk said in July that the company would sacrifice its margins to drive volume growth.
By Eric Walz • Aug. 16, 2023 -
Ford hires Apple vet to lead new software services group
Peter Stern will lead Ford Integrated Services, which aims to expand offerings related to the automaker’s BlueCruise hands-free driving system.
By Michael Brady • Aug. 15, 2023 -
President Biden urges Big Three, UAW to reach a deal to avoid strike
The White House released a statement asking both sides to find common ground before the United Auto Workers contract expires next month.
By Eric Walz • Aug. 15, 2023 -
Tesla slashes Model Y prices in China
The price cuts follow a 31% drop in July sales amid growing competition.
By Eric Walz • Aug. 14, 2023 -
Automotive data privacy under scrutiny in California
The California Privacy Protection Agency is examining how automakers handle data collected from internet-connected vehicles.
By Michael Brady • Aug. 14, 2023 -
Mitsubishi Motors Europe, Vinturas partner on blockchain-powered supply chain
The automaker will use blockchain technology from Vinturas to precisely track the movement of newly built vehicles from its factories to consumers.
By Eric Walz • Aug. 11, 2023 -
Hyundai Mobis to supply Volkswagen with EV battery system assemblies
Volkswagen’s next-generation electric vehicle platform will include the components, which will be built at a factory in Spain.
By Eric Walz • Aug. 10, 2023 -
Honda’s US sales spur 78% leap in Q1 profits as supply chain disruptions ease
The carmaker delivered nearly 45% more vehicles in the United States from April to June but saw sales declines in China.
By Eric Walz • Aug. 10, 2023 -
Tesla enhances auto parts distribution with New York facility
The facility will serve as a hub for Tesla's East Coast vehicle parts distribution starting in October.
By Alejandra Carranza • Aug. 9, 2023 -
Stellantis launches ‘bproauto’ private-label parts brand in North America
The automaker’s second-line brand of aftermarket parts will cost less than original Mopar parts and will include components made for vehicles from other automakers.
By Eric Walz • Aug. 9, 2023 -
Rivian boosts production by 50% in Q2
Electric vehicle deliveries grew by 50% while gross profit per vehicle improved by roughly $35,000 as the company increased cost efficiencies across all major categories.
By Eric Walz • Aug. 9, 2023