Suppliers: Page 2
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Courtesy of Samsung SDI
GM, Samsung SDI finalize $3.5B battery joint venture
The two companies aim to start production at the Indiana plant in 2027, a year later than previously expected.
By Haley Cawthon • Aug. 29, 2024 -
designer491 via Getty Images
Former GM manager sentenced to 2 years in prison for bribery
Hyoung Nam So was convicted for conspiring to solicit and receive a $5 million bribe from a South Korea-based supplier.
By Haley Cawthon • Aug. 22, 2024 -
Courtesy of Toyota
DOE doles out another $50M to support EV manufacturing
The Biden-Harris administration said the funding will go to six states with “significant automotive workforces” to help suppliers adapt their facilities.
By Haley Cawthon • Aug. 22, 2024 -
Provided by Canadian National Railway
Canada’s major rail carriers shut down
With no new labor deal, Canadian National and CPKC locked out union workers shortly after midnight Thursday.
By Larry Avila • Aug. 22, 2024 -
Provided by NFI through GlobeNewswire.
‘No possibility’ trucking can fill gap of Canada rail disruption
The British Columbia Trucking Association’s CEO says transport carriers won't have vehicles to deliver without the railroads moving them out of the Annacis Auto Terminal.
By Larry Avila • Aug. 20, 2024 -
Courtesy of Magna
Magna plans Arizona factory
The expansion in Mesa comes as delays at other plants impact the auto supplier’s projected sales.
By Joelle Anselmo • Aug. 14, 2024 -
Courtesy of GlobalFoundries
GlobalFoundries auto revenue rebounds in Q2
The chipmaker expects "meaningful" year-over-year growth in the segment as demand improves.
By Kate Magill • Aug. 12, 2024 -
Provided by CPKC
Canada’s rail networks edge closer to disruption
Soon after regulators said any labor action would be legal as early as Aug. 22, CPKC threatened to lock out some workers.
By Larry Avila • Aug. 9, 2024 -
Courtesy of Rivian Automotive
Rivian already sees tailwinds from VW partnership
CEO RJ Scaringe said the EV maker expects to achieve more favorable pricing from its suppliers as a result of the deal.
By Haley Cawthon • Aug. 7, 2024 -
Courtesy of Continental AG
Continental mulls spinoff of its automotive business
The company cited the industry’s software-driven technology transformation as one of the reasons for the potential move.
By Eric Walz • Aug. 6, 2024 -
Courtesy of NXP Semiconductors
NXP Semiconductors’ inventory woes persist amid slow auto demand
The company's revenue was down last quarter as its plan to normalize inventory levels takes longer than expected.
By Kate Magill • Aug. 5, 2024 -
Courtesy of Addionics
GM Ventures leads $39M funding round for battery technology startup
Addionics intends to use the funds to build its global workforce and expand manufacturing and commercialization efforts.
By Haley Cawthon • Aug. 1, 2024 -
Courtesy of Tesla Inc.
Tesla recalls over 1.8M vehicles for faulty hood latch switch
Some vehicles’ software may fail to warn a driver that the lock assembly is unsecured.
By Eric Walz • July 30, 2024 -
Courtesy of Porsche
Porsche supplier factory flood leads to aluminum shortage
The automaker expects disruptions to continue for several weeks, possibly leading to a manufacturing shutdown for certain vehicle series.
By Kelly Stroh • July 30, 2024 -
zenstock/iStock via Getty Images
GHSP adds VP to stabilize auto supply chain
Ludwing Vergara outlined a four-pronged approach that includes improved cost modeling and closer stakeholder collaboration.
By S.L. Fuller • July 26, 2024 -
Michael B. Thomas via Getty Images
GM resumes Missouri production after supplier strike
UAW Local 282 members walked off the job at seat manufacturer Lear Corp. this week, forcing the automaker’s Wentzville Assembly plant to stop production.
By Haley Cawthon • July 26, 2024 -
Courtesy of Tesla Inc.
Elon Musk: CrowdStrike outage caused ‘seizure’ for auto supply chain
Tesla has deleted the cybersecurity software off all of its systems, the CEO said on the social platform X.
By Haley Cawthon • July 23, 2024 -
Courtesy of VinFast
Construction project abandonments surge
A growing number of developments are also delayed, including VinFast's $2 billion facility in North Carolina.
By Sebastian Obando • July 18, 2024 -
Courtesy of Stellantis
Stellantis recalls 332K vehicles to fix seat belt connector
The problem can prevent the front seat airbag from deploying as intended.
By Eric Walz • July 17, 2024 -
Courtesy of Business Wire
Volkswagen subsidiary PowerCo lands battery tech licensing deal
QuantumScape says its solid state battery technology can allow an EV to travel up to 500,000 kilometers (roughly 311,000 miles) without any noticeable loss of range.
By Eric Walz • July 15, 2024 -
Bill Pugliano via Getty Images
GM shareholders deny 3 ethical supply chain proposals
Responding to the proposals, the automaker defended its existing practices for supplier agreements and operational policies.
By Kelly Stroh • July 15, 2024 -
Courtesy of Ford
Automakers accelerate drive for fossil-free steel
Volvo is leading the industry for steel and aluminum decarbonization. Mercedes, Tesla and Ford follow.
By S.L. Fuller • July 12, 2024 -
Courtesy of General Motors
GM increases supply chain visibility with Optilogic
The Cosmic Frog software enables GM to analyze and solve issues related to suppliers, individual parts and more.
By Kelly Stroh • July 2, 2024 -
Traimak_Ivan via Getty Images
Manufacturing is ‘stuck’: June PMI
Caution continues to run through the industry as manufacturers hesitate to spend on labor and production with interest rates still high.
By Kate Magill • July 2, 2024 -
Mario Tama/Staff/Getty Images News via Getty Images
CDK restores service for small group of car dealers
The software vendor said it will restore critical services in phases, but warned some integrations with third-party vendors might be delayed.
By Matt Kapko • June 27, 2024
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