Automakers: Page 3
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Courtesy of Stellantis
Stellantis to lay off 1,100 at its Toledo South Assembly Plant
The layoffs are effective as early as Jan. 5, 2025. The automaker called it a “necessary action to reduce high inventory levels.”
By Eric Walz • Nov. 7, 2024 -
Courtesy of Volvo Cars
Volvo Cars launches NACS adapter for Tesla Supercharger access
The chargers can be located using the automaker's app or built-in Google Maps via the vehicle’s infotainment system starting on Nov. 18.
By Eric Walz • Nov. 6, 2024 -
jetcityimage via Getty Images
Subaru anticipates 15% drop in 2025 profits
The automaker reported a 20% sales decrease — including a 10% decline in the U.S. — during the first half of its fiscal year.
By Haley Cawthon • Nov. 6, 2024 -
Courtesy of Volkswagen Group
Volkswagen’s Q3 revenue drops by 41.7% YoY
The automaker attributed the decline to slowing sales in the China market, restructuring expenses for its passenger cars business and investments in new products.
By Eric Walz • Nov. 5, 2024 -
Photo illustration: Industry Dive; Joe Readle/Getty Images; Brandon Bell/Getty Images
As US EV sales growth slows, election results could reverse or reinforce the trend
U.S. electric vehicle sales are rising, though the rate of growth has declined in the past year. The next president can continue support for purchase incentives or seek to cut the popular tax credit, experts say.
By Robert Walton • Nov. 4, 2024 -
Provided by Stellantis
Stellantis Q3 year-over-year revenue nosedives 27%
The automaker shipped fewer new vehicles during the quarter as it prioritizes EV rollouts and selling excess inventory.
By Larry Avila • Nov. 4, 2024 -
Courtesy of Toyota Motor North America
Toyota, Suzuki to launch electric SUV
Toyota describes the forthcoming vehicle as a “nimble SUV with the sharp driving characteristics of a BEV.”
By Eric Walz • Nov. 1, 2024 -
Courtesy of FCA US
Stellantis, Factorial to launch demo fleet to test solid-state-EV batteries
A fleet of electric Dodge Charger Daytonas will evaluate their real-world performance with the goal of commercializing the technology.
By Eric Walz • Nov. 1, 2024 -
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
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