Suppliers: Page 2
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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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
‘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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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