Automakers: Page 38
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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 WardsAuto
Jaguar Releases First Test Mule Images of Coming GT Sedan BEV
Automaker keeps the brand's home fires burning with images of its on-road trials of a BEV sports sedan that "might not be to everybody’s taste."
By Paul Myles • Nov. 15, 2024 -
Explore the Trendline➔
Courtesy of Kia Corporation
TrendlineArtificial Intelligence
Automakers and dealers alike are increasingly seeing the use case for AI within their operations. Explore some use cases in this trendline.
By WardsAuto staff -
Courtesy of WardsAuto
Chery’s BEV Production Plant in Spain Delayed Again
Chinese automaker's Ebro partner adamant that the project is not being canceled in light of China's automakers being told to shun pro-tariff nations.
By Paul Myles • Nov. 14, 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 WardsAuto
VinFast Needs More Capital as Cheap Leases Fail to Ignite Interest
Vietnamese BEV maker VinFast is offering some of the cheapest leases in the market in the U.S., but lack of brand awareness and trust continue to stymie growth.
By David Kiley • Nov. 14, 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 -
Courtesy of WardsAuto
Ford Puts German BEV Plant on Half-Time Working as Consumer Demand Slows
Staff building the electric Ford Explorer and Capri at the automaker's Cologne factory are being put on a one-week-on, one-week-off work schedule at least until the Christmas break.
By Paul Myles • 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 WardsAuto
Canadian, Mexican Auto Sectors View Trump Victory With Unease
President-elect Donald Trump told the Detroit Economic Club on Oct. 11 that the US-Mexico-Canada Agreement will be reviewed in 2026. Any party can quit the free-trade deal with six months’ notice.
By Keith Nuthall • Nov. 12, 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 -
Courtesy of WardsAuto
Jaguar Ends U.K. Sales Ahead of Switch to BEV Manufacturing in 2026
Jaguar sticks to its mission to be an exclusively BEV maker by 2026 despite the current increased consumer demand for hybrid powertrain technology.
By Paul Myles • 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 WardsAuto
Floods at Swiss Aluminum Supplier Drag Down JLR Q2 Revenues
Automaker also sees profits slump by 10% for the quarter but expects rebound in fortunes for the rest of 2024.
By Paul Myles • 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 WardsAuto
Bentley Backtracks on All-Electric Pledge as Consumer Demand for BEVs Slows
Automaker plonks a '+' on its business strategy name and pushes the plan to only build electric vehicles back to 2035, extending the life of its new Ultra Performance V-8 PHEV powertrain.
By Paul Myles • Nov. 8, 2024 -
Courtesy of WardsAuto
Column
Fiat’s U.K. Sales Plight Sends Warning to European Automakers Nervous Over Tariffs
Two newcomer Chinese brands beat established automaker's October sales in tariff-free U.K. market as Europe still mulls effects of its new import taxes on BEVs from China.
By Paul Myles • 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 -
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 -
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 WardsAuto
Politics Aside, Toyota Committed to Electrification
Toyota Motor North America’s David Christ says the automaker is committed to an electrification strategy that it will pursue regardless of changes in the political landscape stemming from Republican President-elect Donald Trump’s victory.
By Joseph Szczesny • Nov. 7, 2024 -
Courtesy of WardsAuto
Renault Veteran Xavier Martinet to Head Hyundai Europe
Starting from the showroom floor, Martinet hopes to bring a wealth of sales experience to the role of president and CEO of Hyundai Motor Europe.
By Paul Myles • Nov. 6, 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 -
Courtesy of WardsAuto
Russia Looks to BRICS Countries for Auto Imports
Automakers from India, Iran and some Middle East and African states have announced plans to start large-scale car exports to Russia soon.
By Eugene Gerden • Nov. 6, 2024
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