Automakers: Page 2
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Phillip Faraone via Getty Images
Rivian lands conditional $6.6B loan from Department of Energy
The funds would revive construction of the company’s electric vehicle factory in Georgia.
By Larry Avila • Nov. 26, 2024 -
Shaunl via Getty Images
Many car owners with loans are struggling: JD Power
A survey of more than 11,000 consumers found 1% of those at financial risk had enough savings to cover six months of living expenses.
By Kalena Thomhave • Nov. 26, 2024 -
Chip Somodevilla via Getty Images
Trump calls for 25% tariffs on imports from Canada and Mexico
The president-elect also called for additional 10% tariffs on imports from China as part of his day one White House plans.
By Philip Neuffer • Updated Nov. 26, 2024 -
Artistic Operations via Getty Images
BMW’s US footprint may protect it from tariff impacts, CEO says
CEO Oliver Zipse said 65% of the company’s cars sold in the U.S. are locally made.
By Larry Avila • Nov. 25, 2024 -
Provided by Volkswagen Group
Volkswagen names Rivian exec as its North America CEO
Kjell Gruner takes over Dec. 12 for Pablo Di Si, who stepped down from the post, according to the company.
By Larry Avila • Nov. 22, 2024 -
Courtesy of Ford Motor Co.
Ford reassigns hundreds in Michigan as it adjusts Bronco production
The automaker is balancing inventory as it heads into next year’s model launches, a spokesperson said.
By Eric Walz • Nov. 21, 2024 -
Spencer Platt via Getty Images
NHTSA finalizes ‘significant’ updates to its 5-star safety ratings program
The changes are intended to make roads safer by encouraging automakers to add pedestrian protection technology to their vehicles.
By Eric Walz • Nov. 21, 2024 -
Bill Pugliano via Getty Images
GM cuts hundreds of jobs across the globe
The layoffs will impact UAW workers and the automaker’s Michigan tech center.
By Larry Avila • Nov. 20, 2024 -
Courtesy of Lucid Group, Inc.
Lucid opens Gravity orders in bid to reshape SUV market
The company will begin with production of the $94,900 Grand Touring trim, which has a range of over 440 miles.
By Haley Cawthon • Nov. 20, 2024 -
Justin Sullivan via Getty Images
Rivian CFO inks $3.5M trading plan as EV industry faces bumps
President-elect Trump will likely ax the tax credit on electric vehicles, which could significantly impact competition in the segment.
By Grace Noto • Nov. 20, 2024 -
Courtesy of Ford Motor Co.
NHTSA fines Ford $165M for slow response to safety recall
The agency says Ford did not fully comply with a 2020 recall of 620,000 vehicles for a rear backup camera fault.
By Eric Walz • Nov. 18, 2024 -
Courtesy of American Honda Motor Co.
Honda weighs production pivot ahead of potential tariffs
The automaker is committed to ramping up U.S. electric vehicle production despite the incoming Trump administration's tariff threats, an executive said.
By Larry Avila • Nov. 18, 2024 -
Courtesy of Volkswagen Group of America, Inc.
VW taps new head of manufacturing for Chattanooga factory
Henning Habicht will take over from Chris Glover, who will retire at the end of January after three years in the role.
By Eric Walz • Nov. 18, 2024 -
Courtesy of Nissan
Automatic emergency braking is making progress at slow speeds: AAA
The technology helped model year 2024 vehicles avoid 100% of crashes at 35 miles per hour, but work is still needed to improve safety at higher speeds.
By Kalena Thomhave • Nov. 18, 2024 -
Artistic Operations via Getty Images
Hyundai shakes up C-suite to drive growth
The global company made nine executive moves, including the promotion of presidents and CEOs to lead Hyundai Motor Co. and Kia Corp.
By Larry Avila • Nov. 15, 2024 -
Courtesy of General Motors
GM recalls 462K pickups, SUVs for potential rear wheel lock-up
The transmission control valve is susceptible to excessive wear on the vehicles equipped with diesel engines.
By Eric Walz • Updated Dec. 3, 2024 -
Courtesy of American Honda Motor Co.
NHTSA probes 1.4M Honda vehicles for engine failures
The agency is assessing whether a connecting rod bearing issue was missed in a previous recall.
By Eric Walz • Nov. 14, 2024 -
Phillip Faraone for Rivian via Getty Images
Volkswagen, Rivian launch their $5.8B joint venture
The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, leadership and financial structure.
By Edwin Lopez • Nov. 13, 2024 -
Courtesy of Stellantis
Stellantis to lay off 400 workers at Detroit material logistics facility
The latest job cuts follow last week’s lay off announcement of 1,100 UAW-represented employees at the automaker’s Toledo South Assembly Plant in Ohio.
By Eric Walz • Nov. 12, 2024 -
Courtesy of Polestar
Polestar’s US customers gain Tesla Supercharger access
The company’s expanding global charging network also includes 20,000 Supercharger locations in Europe and 200 cities across China.
By Eric Walz • Nov. 12, 2024 -
Provided by Rivian
Rivian locks in 5-year battery deal with LG Energy Solution
The U.S.-based electric vehicle maker’s agreement shores up its domestic supply chain.
By Larry Avila • Nov. 11, 2024 -
Courtesy of Ford Motor Co.
Ford recalls 25K F-Series Super Duty pickups over tailgate camera fault
The automaker’s investigation into warranty claims revealed that the camera bracket had not been designed or tested for potential water intrusion before being introduced in series production.
By Eric Walz • Nov. 8, 2024 -
Courtesy of Nissan Motor Co. Ltd
Nissan plans to cut 9,000 jobs as it slashes global production
CEO Makoto Uchida said the cost-cutting move is in response to weak sales and a 90% drop in operating profit.
By Larry Avila • Nov. 7, 2024 -
Bill Pugliano via Getty Images
Automotive groups react to Donald Trump’s victory
Companies say they are now turning their focus on policies to protect and grow jobs.
By Larry Avila • Nov. 7, 2024 -
Courtesy of Toyota Motor North America
Toyota’s Q2 profit falls by $1.8B, its first quarterly decline in 2 years
The automaker cited several factors for the decline, including uncertain economic conditions, market demand and a more competitive environment.
By Eric Walz • Nov. 7, 2024
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