Automakers: Page 14

  • A red Fisker Ocean EV on a highway with trees in the background.
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    Courtesy of Fisker, Inc.
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    Fisker cuts MSRPs up to 39% as it fights for survival

    The EV startup hopes lower prices will make it easier to sell its unsold 2023 inventory.

    By • April 1, 2024
  • Jim Farley, CEO of Ford Motor Company, poses with the new all-electric F-150 Lightning performance truck.
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    Bill Pugliano via Getty Images
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    Ford CEO Jim Farley earned over $26M in 2023

    He’s the latest Detroit Three executive to receive record compensation.

    By • April 1, 2024
  • An electric vehicle charging.
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    deepblue4you/E+ via Getty Images
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    Auto industry disruptions now ‘controllable’ but still a challenge: AlixPartners

    “Although disruptions like the chip shortage may be behind the auto industry, that certainly doesn’t mean life is getting any easier,” said AlixPartners' Mark Wakefield.

    By Kalena Thomhave • April 1, 2024
  • A cargo ship struck and collapsed the Francis Scott Key Bridge in Baltimore on March 26, 2024.
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    Tasos Katopodis via Getty Images
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    How auto supply chain managers can navigate the Baltimore port stoppages

    Automakers and suppliers should consider alternative port assessments and review their contracts and obligations, experts say.

    By Kelly Stroh • March 29, 2024
  • A rendering of a white building with a road and parking lot with cars and green landscape in front of it.
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    Retrieved from Lamar Johnson Collaborative on March 27, 2024.

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    BMW supplier investing $1.5B to expand South Carolina operations

    AESC is adding a second battery factory at the site, which will supply the automaker's EV assembly facility in Mexico.

    By Sara Samora • March 28, 2024
  • A red Hyundai Ioniq 6 electric sedan.
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    Courtesy of Hyundai Motor Group
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    Hyundai to invest billions in South Korea to boost EV production

    The automaker will also advance the development of software-defined vehicles and other technologies.

    By • March 28, 2024
  • The interior view of driver’s side front cabin in the 2024 Chevrolet Equinox EV.
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    Courtesy of General Motors
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    GM loses 2 more execs as software shakeup continues

    The resignations come just two weeks after the automaker’s software and services head left the company.

    By • March 28, 2024
  • Vehicles for sale at an AutoNation car dealership.
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    Mario Tama/Staff/Getty Images News via Getty Images
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    US new vehicle sales to grow 4.5% YoY in March: Cox Automotive

    Sales are on pace for a seasonally adjusted annual rate of nearly 15.5 million units in 2024, according to a new forecast.

    By • March 28, 2024
  • The Tesla Model Y traveling on a highway.
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    Courtesy of Tesla Inc.
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    Tesla to offer US customers a free 1-month trial of Full Self Driving

    Boosting FSD subscriptions could help the automaker generate revenue and overcome dwindling operating margins.

    By • March 27, 2024
  • Pictured is Archer Aviation CEO Adam Goldstein (left) and Stellantis CEO Carlos Tavares with an Archer eVTOL aircraft in the background.
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    Courtesy of Archer Aviation
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    Stellantis invests further in aviation startup Archer

    Archer plans to market its first electric vertical take-off and landing aircraft in 2025, which it plans to build at its Georgia factory.

    By • March 27, 2024
  • Cargo ship Dali is seen after running into and collapsing the Francis Scott Key Bridge on March 26, 2024 in Baltimore, Maryland.
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    Tasos Katopodis via Getty Images
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    Automakers reroute shipments after Baltimore bridge collapse

    The port, one of the U.S.'s largest for handling auto and light vehicles, saw a record 847,158 cars and light trucks in 2023, according to the Maryland Port Administration.

    By Kate Magill • March 27, 2024
  • Pictured is Nissan executive John Schnoes speaking at a media event in July 2020.
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    Courtesy of Nissan North America, Inc.
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    Nissan shakes up leadership in North America

    The automaker is preparing to ramp up EV production in the U.S.

    By • March 26, 2024
  • Nissan President and Chief Executive Officer Makoto Uchida.
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    Courtesy of Nissan Motor Co. Ltd
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    Nissan’s new EV plan aims for significant cost reduction

    ‘The Arc’ plan includes launching new EVs, manufacturing improvements and the adoption of new technologies to boost global sales.

    By , • March 26, 2024
  • A cargo ship struck and collapsed the Francis Scott Key Bridge in Baltimore on March 26, 2024.
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    Win McNamee/Getty Images via Getty Images
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    Port of Baltimore halts vessel traffic after bridge collapse

    The loss of the Francis Scott Key Bridge is likely to disrupt the automotive shipping hub for some time.

    By Colin Campbell • March 26, 2024
  • An employee assembles a vehicle at the Volkswagen Group's plant in Chattanooga, Tennessee, on Feb. 14, 2024.
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    Retrieved from Volkswagen Group of America on March 25, 2024
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    VW plant in Tennessee to hold UAW vote in April

    It’s the first nonunion auto plant to hold a United Auto Workers election since the union won major concessions from the Detroit Three automakers last fall, according to the UAW.

    By • March 25, 2024
  • Three 2023 Fisker Ocean SUVs parked side by side.
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    Courtesy of Fisker Inc.
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    Fisker’s future in doubt after deal with major automaker falls through

    The fledgling automaker had reportedly been in talks with Nissan Motor Corp.

    By • March 25, 2024
  • A fully electric 2024 Fiat 500e painted red on the road with palm tress in the background in media photo provided by Stellantis.
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    Courtesy of Stellantis
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    Stellantis to lay off 2% of its nonunion US employees

    The layoffs are part of long-term cost-cutting efforts and will affect engineering and software roles.

    By • March 22, 2024
  • A 2024 Toyota Prius Prime charging.
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    Courtesy of Toyota Motor North America
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    Here are the ‘greenest’ cars of 2024

    Hyundai Motor Group and Toyota Motor Corp. produce 10 of the 12 most environmentally-friendly cars in the U.S., according to the American Council for an Energy-Efficient Economy’s GreenerCars report.

    By • March 21, 2024
  • A black Volkswagen ID Buzz electric van outfitted with autonomous driving technology from Mobileye.
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    Courtesy of Mobileye
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    Volkswagen, Mobileye expand autonomous driving collaboration

    The companies plan to add more advanced autonomous driving features to the automaker’s production vehicles, including its Audi, Bentley, Lamborghini and Porsche brands.  

    By • March 21, 2024
  • A vehicle's tailpipe emitting exhaust.
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    Justin Smith/iStock/Getty Images Plus via Getty Images
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    EPA softens vehicle emissions standards in win for automakers

    The final rule steadily tightens the requirements, giving automakers more time to ramp up EV sales.

    By • March 20, 2024
  • The Apollo robot shown on the floor of a Mercedes-Benz manufacturing facility.
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    Courtesy of Apptronik
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    Mercedes-Benz to pilot humanoid robots in its manufacturing facilities

    The auto manufacturer plans to use the robots to perform physically demanding or repetitive tasks that are often more hazardous to humans.

    By • March 20, 2024
  • The 2024 Hyundai Palisade SUV parked outside with mountains in the background.
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    Courtesy of Hyundai Motor Group
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    IIHS makes top pick safety award tougher for automakers

    The changes to the 2024 award criteria are designed to encourage automakers to pursue higher levels of vehicle safety, IIHS said.

    By • March 19, 2024
  • An electric car charges at a mall parking lot.
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    Justin Sullivan/Getty Images News via Getty Images
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    Automakers score victory as Energy Department weakens EV mileage rule

    The final regulation means vehicle manufacturers will be able to sell more gas-engine vehicles through 2030.

    By • March 19, 2024
  • The Fisker Ocean electric SUV.
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    Courtesy of Fisker, Inc.
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    Fisker to halt production, raise $150M with future in doubt

    The potential cash infusion and production stoppage could help the EV startup stay afloat as it seeks a partnership with a major automaker.

    By • March 18, 2024
  • Autoworkers assemble a battery pack for an electric vehicle at the Volkswagen Group's assembly plant in Chattanooga, Tennessee.
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    Courtesy of Volkswagen Group
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    VW plant in Tennessee seeks UAW vote, union says

    It’s the first non-union auto plant to ask for a union election since the United Auto Workers won major concessions from the Detroit Three automakers last fall.

    By • March 18, 2024