Automakers: Page 15
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Biden administration boosts EV supply chain with $2B lithium loan
The money will fund processing facilities at Lithium Americas’ upcoming Nevada project. General Motors has exclusive purchasing rights to all lithium production for up to 15 years.
By Kate Magill • March 18, 2024 -
Mazda names new design head for North America
Company veteran Jacques Flynn was on the team behind the current generation of MX-5 sports car.
By Michael Brady • March 18, 2024 -
Honda, Nissan consider co-developing EVs, AI
The nonbinding agreement could eventually help the companies catch up in the race to develop and go to market with EVs, as both automakers have fallen behind in recent years.
By Michael Brady • March 15, 2024 -
New car affordability remains a concern despite falling prices
Average transaction prices were nearly 14% higher last month than in February 2021, a Cox Automotive report found.
By Michael Brady • March 14, 2024 -
GM hires former Tesla exec as head of manufacturing and sustainability
Jens Peter Clausen led efforts to scale the production of EV propulsion systems at the electric automaker’s Gigafactory 1 in Nevada.
By Eric Walz • March 13, 2024 -
GM’s software head steps down for health reasons
Mike Abbott joined in May 2023 from Apple to lead the automaker's end-to-end software organization.
By Eric Walz • March 13, 2024 -
Schaeffler to open $230M Ohio auto manufacturing plant
The Dover facility will produce parts like electric axles for light- and medium-duty vehicles and is expected to be finished by 2025.
By Joelle Anselmo • March 13, 2024 -
EV owners still dissatisfied with charging access, range: JD Power
Plug-in hybrid owners are much less satisfied with their vehicles than all-electric owners, according to a survey.
By Kalena Thomhave • March 12, 2024 -
Ford settles US tariff dodging allegations for $365M
The fine ends a long-running allegation that the automaker skirted a 25% 'chicken tax' on cargo vans assembled in Turkey.
By Michael Brady • March 12, 2024 -
Alliance for Automotive Innovation names new safety, technology lobbyist
Sarah Puro previously held senior roles at the U.S. National Transportation Safety Board and the House Committee on Appropriations.
By Eric Walz • March 11, 2024 -
The White House wants to know more about Tesla’s charging standard
As more automakers switch to the EV maker's North American Charging Standard, regulators want to know how it will impact standards for public chargers.
By Michael Brady • March 11, 2024 -
Autoworkers are trying to unionize a Toyota plant in Missouri, UAW says
The Troy facility is the first Toyota plant to publicly announce its organizing efforts since the United Auto Workers launched its nationwide campaign, the labor union said.
By Eric Walz • March 11, 2024 -
Stellantis invests 5.6B euros in South America
The automaker plans to launch more than 40 new products through 2030, including vehicles powered by “Bio-Hybrid” powertrain technologies.
By Eric Walz • March 11, 2024 -
Rivian halts construction on $5B Georgia EV facility
The electric vehicle maker plans to produce its R2 model at its Illinois facility instead, starting in the first half of 2026.
By Sara Samora • March 8, 2024 -
Nikola delivers its first fuel cell electric trucks
The OEM delivered 35 in Q4 — and could have done more if not for supplier part constraints, CEO Steve Girsky said.
By David Taube • March 8, 2024 -
Stellantis launches ‘Ram Professional’ commercial unit in North America
It's part of the automaker’s effort to boost recurring revenue.
By Eric Walz • March 8, 2024 -
GM, Magna and Wipro to create automotive software marketplace
The platform, dubbed SDVerse, aims to match buyers and sellers of embedded automotive software for software-defined vehicles.
By Michael Brady • March 8, 2024 -
Ford, dealers offer $2M in automotive technician scholarships
The auto industry is facing a shortage of techs, with over 400,000 needed by 2027, according to the automaker.
By Eric Walz • March 7, 2024 -
Scout Motors breaks ground on $2B EV plant after environmental delays
The automotive company plans to finish its South Carolina facility in 2026 after pausing construction in the fall of 2023.
By Sebastian Obando • March 6, 2024 -
Stellantis’ Pro One commercial business accounted for one third of its $200B net revenue in 2023
The automaker’s Ram brand reached 20% market share in North America’s commercial van segment.
By Eric Walz • March 6, 2024 -
Tesla loses top interior designer to aviation startup Skyryse
Peter Blades oversaw the design of the minimalist interiors in the Model 3 and Model Y.
By Eric Walz • March 6, 2024 -
Toyota to buy EV battery company, ending venture with Panasonic
The automaker expects Primearth EV Energy Co. to help it respond to changes in demand for electrified vehicles.
By Michael Brady • March 6, 2024 -
Hyundai moves up Georgia EV factory timeline
The new plant will now begin production in Q4 of this year, months earlier than expected.
By Sara Samora • March 5, 2024 -
SEC charges Lordstown Motors with misleading investors on sales outlook
The defunct EV startup allegedly made false or misleading statements about pre-orders, parts access and delivery timelines, according to the U.S. Securities and Exchange Commission.
By Jim Tyson • March 5, 2024 -
Honda, Hyundai, Mazda and Subaru saw US sales rise in February
Only Kia's sales dropped, its third consecutive month of falling numbers.
By Michael Brady • March 4, 2024