Automakers: Page 15
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Artistic Operations via Getty Images
Vehicle pricing fell year-over-year in Q3: Cox Automotive
The average value of discounts and other incentives increased for the third straight month.
By Kalena Thomhave • Nov. 1, 2024 -
Courtesy of Mercedes-Benz
Mercedes-Benz opens its own battery recycling factory
With a targeted recovery rate of up to 96%, the facility will process and recycle enough materials to produce more than 50,000 new battery modules per year.
By Eric Walz • Oct. 31, 2024 -
Courtesy of Ford Motor Co.
Ford Integrated Services unit chief departs for Peloton
Peter Stern's team was tasked with building out the automaker’s BlueCruise hands-free highway driving system and other key technology projects.
By Eric Walz • Updated Nov. 11, 2024 -
jetcityimage via Getty Images
Warranty spend weighs on Ford’s Q3 profit
The automaker said it would be on pace for record profit in 2024 if it weren’t for higher-than-expected warranty costs.
By Haley Cawthon • Oct. 30, 2024 -
Artistic Operations via Getty Images
Volvo dials back full-year growth projections
However, Volvo Cars’ CEO Jim Rowan believes reluctant buyers will be swayed when the automaker introduces its expanded EV and hybrid lineup.
By Larry Avila • Oct. 29, 2024 -
Courtesy of Mercedes-Benz
Mercedes-Benz Q3 earnings tumble amid subdued world economy
The automaker blamed lower vehicle sales on weak demand in many global markets, especially China, where the luxury segment struggled.
By Haley Cawthon • Oct. 29, 2024 -
Courtesy of Stellantis
Stellantis recalls 21K vehicles for ‘brake pedal collapse’
The automaker is advising drivers to use the electronic parking brake to slow the vehicle to a stop if the brake fault occurs.
By Eric Walz • Oct. 28, 2024 -
Artistic Operations via Getty Images
BMW of North America shuffles C-suite leadership
The automaker names new executives to lead its eastern and western operations after its U.S. sales slip.
By Larry Avila • Oct. 28, 2024 -
Courtesy of Hyundai Motor America
Hyundai revenue grows 4.7% YoY in Q3
The automaker’s hybrid sales increased nearly 30% in the U.S. year over year.
By Eric Walz • Oct. 25, 2024 -
Brandon Woyshnis via Getty Images
Tesla Q3 profits boosted by rising Full Self-Driving revenue
CEO Elon Musk said rapid advancements with FSD have made it challenging to find flaws in the technology.
By Haley Cawthon • Oct. 24, 2024 -
itsarasak thithuekthak via Getty Images
More automakers install improved tech to remind drivers to buckle up
Louder warnings to passengers are among the measures OEMs take, according to IIHS.
By Larry Avila • Oct. 24, 2024 -
Courtesy of Honda Motor Co.
Honda previews next-gen tech for its new ‘0 Series’ EVs
The first model is expected to launch in 2026 and will be built on a newly developed platform.
By Eric Walz • Oct. 24, 2024 -
jetcityimage via Getty Images
GM targets EV growth with 500-mile range trucks
The automaker's Q3 revenues topped analysts’ estimates for the fourth straight quarter as it focuses on EV growth.
By Larry Avila • Oct. 23, 2024 -
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 Tesla Inc.
NHTSA opens safety probe for up to 2.4M Tesla vehicles
One of the incidents under investigation is a fatal collision with a pedestrian while the Full Self-Driving feature was active.
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 -
Mario Tama via Getty Images
Nissan joins ChargeScape EV charging joint venture
The company along with BMW, Ford and Honda will deploy electric vehicle charging software aiming to simplify charging and return power to the grid.
By Kalena Thomhave • Oct. 21, 2024 -
Courtesy of Honda
Honda supply chain woes had little impact on September sales
While the disruptions from Hurricane Helene have subsided, retooling efforts for Ohio EV production are still hampering its manufacturing activity.
By Kelly Stroh • Oct. 18, 2024 -
Just_Super via Getty Images
The auto industry’s cybersecurity challenges are mounting, experts say
Regulators could soon impose more cybersecurity requirements on OEMs and their suppliers.
By Michael Brady • Oct. 18, 2024 -
Courtesy of Volvo Cars
Volvo Cars deputy CEO steps down
The automaker announced several leadership changes as it attempts to navigate geopolitical and macroeconomic uncertainties.
By Haley Cawthon • Oct. 17, 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 General Motors
GM Energy launches ‘PowerBank’ home energy storage unit for EVs
Customers can pair two stationary batteries for up to 35.4 kilowatt hours of energy storage, enough to power an average U.S. home for up to 20 hours.
By Eric Walz • Oct. 15, 2024 -
Courtesy of Volkswagen
Volkswagen opens port facility in Texas
Up to 140,000 vehicles for Volkswagen and its brands like Audi and Porsche will be processed annually at Port Freeport to support Central and Western U.S. dealers.
By Alejandra Carranza • 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 Stellantis
Stellantis makes sweeping leadership changes
The automaker parted ways with its CFO, named a new North America COO and confirmed its CEO’s plans to retire.
By Haley Cawthon • Oct. 11, 2024
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