Suppliers
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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 -
Photo by Frederic Lewis/Getty Images via Getty Images
Companies are investing less time and money in women: study
McKinsey & Co. emphasized that the “broken rung” of advancement remains a core issue for women.
By Caroline Colvin • Sept. 26, 2024 -
Courtesy of Ford Motor Co.
Ford recalls nearly 145K Mavericks for rear camera display failures
The recall covers certain 2022-2024 Maverick pickups equipped with Ford’s Connected Touch Radio.
By Eric Walz • Sept. 26, 2024 -
Nic Antaya via Getty Images
White House backs $1B EV supplier fund
Monroe Capital’s managed fund is focused on helping small- and medium-sized auto manufacturers transition to electric vehicle production.
By Kate Magill • Sept. 25, 2024 -
Bill Pugliano via Getty Images
Employers increasingly shed jobs, reflecting economic uncertainty
Hiring intentions fell to the lowest year-to-date total since data tracking began in 2005, Challenger, Gray & Christmas said.
By Carolyn Crist • Sept. 25, 2024 -
Mario Tama via Getty Images
US seeks to limit China, Russia’s role in connected vehicle supply chains
The Department of Commerce's proposed new rule would require vehicles used in the U.S. to exclude suppliers with links to those countries.
By Edwin Lopez • Sept. 23, 2024 -
Courtesy of BMW Group
BMW taps Redwood Materials for battery recycling
The company will work directly with BMW of North America at over 700 locations, including dealerships and distribution centers, to collect batteries for recycling.
By Eric Walz • Sept. 23, 2024 -
Courtesy of The Dow Chemical Co.
Battery sector gets $3B from Biden administration
The funding will go towards new battery manufacturing facilities, as well as critical mineral processing plants and recycling sites.
By Sara Samora • Sept. 20, 2024 -
Courtesy of American Battery Technology Co.
American Battery Technology Co. taps Rivian exec as COO
Steven Wu will succeed Andrés Meza, whose last day was on Sept. 1.
By Sara Samora • Sept. 11, 2024 -
Courtesy of Utlium Cells
Ultium Cells workers in Tennessee join UAW
The GM battery supplier agreed to recognize the union after a majority of the Spring Hill plant’s employees signed union cards.
By Haley Cawthon • Sept. 9, 2024 -
Courtesy of Ford Motor Co.
Ford recalls over 90K vehicles for Ecoboost engine failures
The recalled vehicles include six 2021-2022 Ford and Lincoln models equipped with either the 2.7L or 3.0L version of the engines.
By Eric Walz • Sept. 5, 2024 -
Courtesy of Porsche
Porsche plans majority takeover of Varta battery unit
The automaker expects to participate in the reorganization of the manufacturer, whose lithium-ion cells are used in the hybrid Porsche 911 Carrera GTS.
By Haley Cawthon • Sept. 4, 2024 -
Provided by Canadian Pacific Kansas City
Canadian rail carriers’ recovery from work stoppage may take weeks
Embargoes put in place prior to the disruption have created freight backlog for Canadian National and CPKC.
By Larry Avila • Aug. 29, 2024
