Suppliers
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Scott Olson via Getty Images
Dana implementing plan to cut $200M in annual costs by 2026
The company’s strategy also includes selling its off-highway business to focus on its light-duty and commercial segments.
By Kalena Thomhave • Dec. 18, 2024 -
Courtesy of BlueOval SK
DOE closes on $9.6B loan to Ford’s BlueOval SK battery joint venture
The funds will finance construction of up to three electric vehicle battery plants in the U.S., two in Kentucky and one in Tennessee.
By Eric Walz • Dec. 17, 2024 -
Sean Gallup via Getty Images
Volkswagen’s PowerCo secures battery materials supply deal
The five-year agreement with Australia-based Novonix, a manufacturer of synthetic graphite material, is slated to start in 2027.
By Kelly Stroh • Dec. 6, 2024 -
Courtesy of Ultium Cells LLC
GM sells stake in Ultium Cells joint venture battery plant
The plant is one of three U.S. facilities that the automaker planned to operate as part of its joint venture with LG Energy Solution.
By Eric Walz • Dec. 4, 2024 -
Metamorworks via Getty Images
Panasonic Automotive Systems, Arm team up on SDV standardization
The two companies will adopt and extend a device virtualization framework, shifting from a hardware-centric to a software-first model to speed up automotive industry development cycles.
By Haley Cawthon • Dec. 2, 2024 -
Courtesy of Hyundai Motor America
Hyundai recalls 145K vehicles over loss of power
The integrated charging control unit for Genesis and Ioniq brand models may fail to charge the vehicle’s battery.
By Eric Walz • Nov. 26, 2024 -
Courtesy of BorgWarner
BorgWarner CEO to retire, successor named
Frédéric Lissalde has been in the top leadership role since 2018. Now, he will hand the reins to Joseph Fadool.
By Haley Cawthon • Nov. 22, 2024 -
Courtesy of Microporous
Microporous to build $1.4B Virginia battery separator plant
The company is set to receive up to $100 million in federal funds for the Danville facility.
By Sara Samora • Nov. 19, 2024 -
Courtesy of Ford Motor Co.
NHTSA fines Ford $165M for slow response to safety recall
The agency says Ford did not fully comply with a 2020 recall of 620,000 vehicles for a rear backup camera fault.
By Eric Walz • Nov. 18, 2024 -
Courtesy of General Motors
GM recalls 462K pickups, SUVs for potential rear wheel lock-up
The transmission control valve is susceptible to excessive wear on the vehicles equipped with diesel engines.
By Eric Walz • Updated Dec. 3, 2024 -
Provided by Rivian
Rivian locks in 5-year battery deal with LG Energy Solution
The U.S.-based electric vehicle maker’s agreement shores up its domestic supply chain.
By Larry Avila • Nov. 11, 2024 -
Courtesy of Ford Motor Co.
Ford recalls 25K F-Series Super Duty pickups over tailgate camera fault
The automaker’s investigation into warranty claims revealed that the camera bracket had not been designed or tested for potential water intrusion before being introduced in series production.
By Eric Walz • Nov. 8, 2024 -
Courtesy of American Honda Motor Co.
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 -
Courtesy of Ford Motor Co.
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 -
Courtesy of Lithium Americas
GM invests $625M in lithium production capacity
The automaker is partnering with Lithium Americas to develop the Thacker Pass mine in Nevada, where GM agreed to buy up to 100% of lithium produced for 20 years.
By Kate Magill • Oct. 18, 2024 -
Hector Vivas via Getty Images
More US-based companies to shift supply chain operations into Americas: report
Reducing touch points and increasing proximity to manufacturing and procurement locations is a priority for firms, according to KPMG.
By Maura Webber Sadovi • Oct. 18, 2024 -
Courtesy of Hyundai Motor Group
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 -
Courtesy of Wolfspeed
Wolfspeed to secure $750M CHIPS funding for North Carolina, New York
The company's semiconductors are used in EVs, plug-in hybrids, artificial intelligence applications and more, the government noted.
By Joelle Anselmo • Oct. 15, 2024 -
Anna Moneymaker via Getty Images
The ILA strike is over. What should shippers prioritize now?
While the strike was short-lived, it could take weeks to clear cargo backlogs and bring ports back to normal operations.
By Alejandra Carranza • Oct. 14, 2024 -
Courtesy of Shinhwa Auto USA Corp.
Automotive supply chains can benefit from sourcing alliances. Here’s why.
Collaborations can lower procurement costs and drive operational change, but experts say aligning objectives and cost structures is key to success.
By Kelly Stroh • Oct. 10, 2024 -
Courtesy of American Honda Motor Co.
Honda recalls nearly 1.7M vehicles for steering issue
The gearbox may have a manufacturing defect that causes excessive internal friction, which can make it difficult to turn the steering wheel.
By Eric Walz • Oct. 10, 2024 -
Courtesy of LG Energy Solution
LG Energy Solution aims to double revenue, reduce reliance on EV segment
The plans include advancing next-generation battery technology and establishing an energy storage software and services business.
By Eric Walz • Oct. 9, 2024 -
Courtesy of Stellantis
Stellantis recalls 154K hybrid Jeep models for battery fire risk
Owners are advised to park their vehicles outside and away from structures, and not to recharge their vehicle’s battery until the issues are addressed.
By Eric Walz • Oct. 8, 2024 -
Spencer Platt via Getty Images
ILA port strike ends through tentative deal
The agreement, which extends the parties’ master contract, comes three days after a strike commenced at East and Gulf Coast ports.
By Alejandra Carranza • Updated Oct. 3, 2024 -
Courtesy of Cubert
Battery startup Northvolt to lay off workers, scale back expansion plans
More than 200 employees were affected by the decision to close the company's R&D facility in San Leandro, California.
By Kalena Thomhave • Oct. 3, 2024
