Tesla’s profits decline 44% in Q3 thanks to aggressive price cuts

The automaker doesn’t expect the upcoming launch of the Cybertruck to boost the company’s revenue anytime soon.

By Eric Walz • Oct. 19, 2023

Ford temporarily lays off 150 more workers at Sterling Axle Plant

The automaker blamed the United Auto Workers strike at its Kentucky Truck Plant for the furloughs.

By Michael Brady • Oct. 19, 2023

BMW secures new battery material supplier in Canada

A new partnership with Umicore and added South Carolina production are scaling the automaker's EV supply chain strategy.

By Kate Magill • Oct. 19, 2023

Stellantis says it’s pulling out of CES due to UAW strike

The automaker said the move aims to reduce the company’s expenses as it deals with the financial effects of the ongoing United Auto Workers strike.

By Michael Brady • Oct. 18, 2023

Stellantis has until Oct. 29 to strike a deal with autoworkers in Canada

Unifor, a union representing more than 8,200 Stellantis workers, is also negotiating for future product commitments at its Brampton Assembly plant related to the electric vehicle transition.

By Michael Brady • Oct. 18, 2023

Ford appoints Kumar Galhotra as chief operating officer

The automaker continues to shuffle its leadership as it implements its Ford+ plan and deals with the ongoing United Auto Workers strike.

By Eric Walz • Oct. 18, 2023

Ford furloughs 700 autoworkers at F-150 Lightning plant, 106 more at Sterling Axle

Ford curbed F-150 Lightning production due to supply chain disruptions and delivery delays unrelated to the United Auto Workers strike. It also furloughed more workers due to the strike.

By Eric Walz • Oct. 17, 2023

As EV cyber risks rise, careful procurement planning can prevent headaches

Unsecured electric vehicle charging stations may introduce malicious software to EVs, creating cybersecurity and liability risks for companies building their own charging networks.

By Arjun Ramadevanahalli • Oct. 13, 2023

Top automotive industry conferences in 2024

Upcoming events will touch on electric vehicles, autonomous vehicles, software-defined vehicles, supply chain management and more.

By Michael Brady • Updated Oct. 12, 2023

8,700 UAW members strike Ford truck plant in Kentucky

The strike shut down a plant generating $25 billion in annual revenue. It makes some of the automaker's most profitable vehicles, such as Ford F-250–F-550 Super Duty Trucks.

By Eric Walz • Oct. 12, 2023

BMW, Mercedes-Benz EV sales jump in Q3, as Tesla loses market share

BMW Group’s electric vehicle sales shot up 79.6% in Q3, while Mercedes-Benz saw its EV sales climb 66%.

By Eric Walz • Oct. 12, 2023

Stellantis, Samsung SDI to build $3.2B EV battery factory in Indiana

The site will be the manufacturers’ second joint StarPlus Energy facility in Kokomo.

By Sara Samora • Oct. 11, 2023

Nissan names new manufacturing leaders at Mississippi, Tennessee plants

Company veterans David Sliger and Victor Taylor are taking on new roles as the automaker pushes to grow its U.S. electric vehicle manufacturing capacity.

By Sara Samora • Oct. 11, 2023

Unifor ends strike against GM after reaching tentative labor deal in Canada

Nearly 4,300 autoworkers will return to work after ending a strike that lasted less than one day.

By Michael Brady • Oct. 10, 2023

LG Energy Solution invests $3B in US battery manufacturing expansion

The extra capacity will help the battery maker supply Toyota with lithium batteries in a new supply deal. 

By Kate Magill • Oct. 10, 2023

GM most vulnerable to UAW strike: Cox Automotive

The Ford Explorer SUV had the highest inventory of any of the top 30 selling models, but the ongoing UAW strike has left GM with under a 30-day supply of some profitable Chevrolet and Cadillac models.

By Eric Walz • Oct. 10, 2023

GM, Ford, Stellantis furlough 800 more workers due to UAW strike

While more than half of the temporary layoffs came from Stellantis, 300 employees from its Kokomo Transmission and Kokomo Casting Plant returned to work Monday after being laid off in September.

By Michael Brady • Oct. 10, 2023

Nearly 4,300 autoworkers strike against GM in Canada

The strike shut down operations at three General Motors facilities in Ontario, Canada.

By Michael Brady • Oct. 10, 2023

How the UAW strike is impacting supplier operations

The strike has caused some down-tier suppliers to hold inventory, while others may see cash flow delays.

By Kelly Stroh • Oct. 9, 2023

Rolls-Royce CEO to retire next month

Chris Brownridge, the automaker’s new CEO, will implement Rolls-Royce’s plan to sell electric vehicles exclusively by 2030.

By Michael Brady • Oct. 9, 2023

GM to cover EV battery plants under UAW master agreement, Fain says

The United Auto Workers union had threatened to strike the automaker’s Arlington Assembly plant in Texas shortly before General Motors agreed to the concessions.

By Michael Brady • Oct. 6, 2023

Are EV tax credits too hard to use? The Biden administration thinks so.

In January, car shoppers will be able to transfer their clean vehicle tax credits to dealers to lower the purchase price of electrified vehicles.

By Michael Brady • Oct. 6, 2023

Nearly a third of suppliers have laid off workers due to UAW strike

More than 60% of suppliers plan to lay off workers by mid-October, according to a new survey.

By Michael Brady • Oct. 6, 2023

Ford temporarily lays off 400 employees, points finger at UAW strike

The automaker furloughed 350 of the 2,703 employees at the Livonia Transmission Plant and 50 of the 2,171 employees at the Sterling Axle Plant.

By Michael Brady • Oct. 5, 2023

Nevada is an EV battery gold mine

Home to one of the country’s largest active lithium deposits, the state is becoming a hot spot for EV and battery manufacturing.

By Sakshi Udavant • Oct. 5, 2023