Automakers: Page 11
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Courtesy of Wuling
GM China names new president to lead growth strategies
Julian Blissett, president of GM China, has decided to retire after a 28-year career with the automaker.
By Haley Cawthon • May 22, 2024 -
Courtesy of General Motors
GM, EV battery suppliers establish $150M fund to reimburse Chevrolet Bolt owners
The automaker reached a previous agreement with LG Electronics in October 2021 to cover roughly $2 billion in recall costs.
By Eric Walz • May 21, 2024 -
Courtesy of Subaru
Subaru teams up with Toyota to mitigate EV ‘risks’
The two automakers will jointly develop four battery electric SUVs by the end of 2026.
By Haley Cawthon • May 21, 2024 -
Courtesy of Mercedes-Benz
Mercedes-Benz workers in Alabama vote against joining UAW
UAW President Shawn Fain said what happens next is up to the workers.
By Haley Cawthon • May 20, 2024 -
Courtesy of Stellantis
Stellantis names new leaders for Dodge, Ram
The executive appointments come as the automaker prepares to launch new vehicles, including a battery-powered Ram pickup later this year.
By Eric Walz • May 20, 2024 -
Mark Wilson via Getty Images
Industry leaders react to tariff hikes on China-made goods
“Automakers embrace fair competition. We’re not shrinking from it, but China’s EV overcapacity and subsidy issue is real," said Alliance for Automotive Innovation President and CEO John Bozzella.
By Philip Neuffer • May 17, 2024 -
Eric Walz/Automotive Dive
Inside Honda’s updated multibillion-dollar electrification strategy
The massive investments will be used to establish a comprehensive electric vehicle value chain.
By Eric Walz • May 16, 2024 -
Courtesy of Mercedes-Benz AG
Mercedes-Benz Q1 profits down nearly 30%
The automaker attributed lower volumes to product transitions and supply chain bottlenecks.
By Haley Cawthon • May 16, 2024 -
Courtesy of Stellantis
Stellantis’ volumes nearly 100K less in Q1. Here’s where production was cut.
The automaker expects production of next-generation vehicles to ramp up “significantly” in the second half of 2024.
By Haley Cawthon • May 15, 2024 -
Courtesy of Honda Motor Co.
Honda banks on hybrid profits to fund EV transition
The automaker announced it will increase R&D spending by almost 25% over the next year to gain a competitive advantage in the hybrid vehicle segment.
By Eric Walz • May 15, 2024 -
Courtesy of Tesla Inc.
How 4 technology trends are shaping automotive design
Some design trends are partly a reaction to design aesthetics that preceded them; others are responses to changes in technology, consumer preferences and government regulation, experts said.
By Michael Brady • May 15, 2024 -
Courtesy of Stellantis
Stellantis, Leapmotor JV to launch 2 EV models in Europe this year
As part of the partnership, Stellantis has exclusive rights to manufacture, export and sell Leapmotor EVs outside of China.
By Eric Walz • May 15, 2024 -
Alex Wong via Getty Images
Biden hikes tariffs on China-made EVs, batteries
The action aims to protect the U.S. market from the rise in Chinese electric vehicle exports, which the U.S. says jumped 70% from 2022 to 2023.
By Kate Magill , Eric Walz • May 14, 2024 -
Courtesy of Toyota Motor North America
Toyota CEO: ‘Next-generation BEVs must change the factories themselves’
The automaker aims to reconfigure its factories to cut the number of processes in half.
By Haley Cawthon • May 14, 2024 -
Courtesy of Volvo
Volvo Cars shakes up leadership team after COO leaves for Rivian
The automaker named new product, engineering and supply chain chiefs as it pursues "technological and commercial transformation."
By Haley Cawthon • May 13, 2024 -
Courtesy of Lucid Group, Inc.
EV maker Lucid Group shores up its losses with billion-dollar investments
Lucid has received $6.4 billion from Saudi Arabia’s Public Investment Fund since 2018, which has helped support its operations as it works to turn a profit.
By Eric Walz • May 13, 2024 -
Sarah Rice via Getty Images
Ford CFO John Lawler to serve in dual role as vice chair
The automaker also named former Lucid Group CFO Sherry House as VP of finance as it begins to execute its Ford+ strategic plan.
By Eric Walz • May 10, 2024 -
Courtesy of Rivian Automotive
Rivian completes plant retooling, a ‘pivotal step’ on path to profitability
CFO Claire McDonough said the EV maker expects lower variable costs to be the biggest driver of gross profit improvement this year.
By Haley Cawthon • May 10, 2024 -
Justin Sullivan via Getty Images
Auto retail sales benefit from tax season: Cox Automotive
Used vehicle supply fell to its lowest level in the past year after a spring buying surge.
By Kalena Thomhave • May 9, 2024 -
Courtesy of Ford Motor Co.
Ford execs on EV strategy: 3 lessons learned on pricing, models and profits
The automaker expects each one of its electric vehicles to be profitable within 12 months of launch, and it will do ‘everything it takes’ to make that a reality.
By Haley Cawthon • May 9, 2024 -
Courtesy of General Motors
Automakers get more flexibility as US finalizes EV tax credit rules
Electric vehicle makers have been racing to shift their supply chains to qualify for the credit. The latest changes give them more time.
By Eric Walz • May 8, 2024 -
Courtesy of Mustang Ice White Appearance Package
April auto sales: EVs make a slight comeback for automakers
Ford and Kia were the two standouts of the month, notching triple-digit percent growth on electric vehicle sales.
By Haley Cawthon • May 8, 2024 -
Bill Pugliano via Getty Images
UAW Local 869 votes to authorize strike at Stellantis plant
The union has put the automaker on notice as workers claim it has failed to address health and safety grievances at the Michigan facility.
By Haley Cawthon • May 7, 2024 -
Courtesy of BMW Group AG
BMW’s future EVs will support bidirectional charging
The automaker’s next generation of vehicles will be able to store energy to send back to the grid.
By Eric Walz • May 7, 2024 -
Courtesy of Volvo Cars
Rivian hires former Volvo Cars exec as next COO
Javier Varela will be central to the company’s growth and profitability as it prepares to launch new electric vehicles.
By Eric Walz • May 6, 2024
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