Automakers: Page 38
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GM’s president of North America steps down
Marissa West, former leader of GM Canada, held the position for about eight months.
By Haley Cawthon • Aug. 9, 2024 -
Hyundai, Kia thefts drop over 50%: study
A software update was “extremely effective” at thwarting theft tactics popularized by viral social media videos, per Highway Loss Data Institute research.
By Eric Walz • Aug. 9, 2024 -
Explore the Trendline➔
Provided by NPX Semiconductors
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Honda posts record-high quarterly profit on strong hybrid sales
Earlier this year, the automaker detailed its efforts to gain a competitive advantage by increasing R&D spending on hybrid vehicles.
By Haley Cawthon • Aug. 8, 2024 -
One-in-Three Cars Suffer Harmful In-Cabin Air: Mann+Hummel
Service shops and vehicle owners are failing to renew essential particulate filters in air-conditioning systems, says auto supply giant.
By Paul Myles • Aug. 8, 2024 -
Wraps Come Off Most Powerful Range Rover to Date
Sub-4-second sprint time and 180 mph top speed claimed by the new Range Rover Sport SV Edition Two.
By Paul Myles • Aug. 8, 2024 -
Rivian already sees tailwinds from VW partnership
CEO RJ Scaringe said the EV maker expects to achieve more favorable pricing from its suppliers as a result of the deal.
By Haley Cawthon • Aug. 7, 2024 -
BMW touts success of humanoid robot pilot at South Carolina plant
The robots were able to insert sheet metal parts into fixtures, which were used to assemble the chassis of a vehicle.
By Eric Walz • Aug. 7, 2024 -
Owner satisfaction with new vehicles rebounds: JD Power
Owners of new EVs made by traditional automakers are more satisfied with their cars than ever, according to a study.
By Kalena Thomhave • Aug. 7, 2024 -
Nissan’s Cool Paint Claims 41˚F Reduction in Cabin Temperature
Tests claim automaker's new vehicle coating can reduce A/C energy consumption in hot weather.
By Paul Myles • Aug. 6, 2024 -
Continental mulls spinoff of its automotive business
The company cited the industry’s software-driven technology transformation as one of the reasons for the potential move.
By Eric Walz • Aug. 6, 2024 -
Mercedes-Benz promotes execs to US leadership
Marcus Herring was appointed VP of sales and product, and Michael Minielly was named director of communications and experience.
By Haley Cawthon • Aug. 5, 2024 -
Automakers to Miss U.K. BEV Targets as Consumers Choose Hybrids
Latest vehicle sales data raise specter of long-term industry crash unless the government changes tack on clean ICE powertrain development.
By Paul Myles • Aug. 5, 2024 -
Nissan, Honda join forces to research vehicle technologies
The two companies believe that software, autonomous driving, connectivity and AI will determine the value of vehicles in the future.
By Eric Walz • Aug. 5, 2024 -
First Production AC Cobra GT Coupé Hardtop Launches
Performance icon gets factory tin-top for the first time in the brand's 123-year history while limited run Clubsport Edition gets 810-hp V-8 power.
By Paul Myles • Aug. 5, 2024 -
Auto industry’s innovation push brings ‘startup’ capital structure
As automakers juggle EV resource allocation, regulation and macroeconomics, they are operating more like startups, according to the most recent Hackett Working Capital Survey.
By Adam Zaki • Aug. 5, 2024 -
Volkswagen looks to drive down costs as overhead increases
The automaker aims to improve profitability across its brands, while also pushing early retirements and hiring freezes.
By Haley Cawthon • Aug. 2, 2024 -
Column
Memo to Mr. Musk: The Auto Industry Is a Fashion Industry
The Tesla Model X and S have not been redone in a decade and the 3 and Y are barely changed since they debuted 5 years ago. So, it’s no surprise that so far this year, Tesla’s sales, revenues and profits are down sharply.
By John McElroy • Aug. 2, 2024 -
Toyota sales dropped over 20% in Japan in Q1
But sales gains in the U.S., Europe and Asia helped the automaker post a profitable quarter.
By Eric Walz • Aug. 2, 2024 -
3 things influencing Mercedes-Benz’s strategy in China
CEO Ola Källenius believes more than 90% of BEV makers in the country are burning cash.
By Haley Cawthon • July 31, 2024 -
Hyundai’s hybrid vehicle sales jump over 26% YoY
The automaker posted two consecutive quarters of double-digit growth in the segment.
By Eric Walz • July 31, 2024 -
BMW plans 5 EV battery factories across 3 continents
Assembly plants for the automaker’s sixth-generation, high-voltage batteries are under construction in the U.S., Germany, Hungary, China and Mexico.
By Haley Cawthon • July 31, 2024 -
Tesla recalls over 1.8M vehicles for faulty hood latch switch
Some vehicles’ software may fail to warn a driver that the lock assembly is unsecured.
By Eric Walz • July 30, 2024 -
Porsche supplier factory flood leads to aluminum shortage
The automaker expects disruptions to continue for several weeks, possibly leading to a manufacturing shutdown for certain vehicle series.
By Kelly Stroh • July 30, 2024 -
Why Hyundai shifted gears for more emotional Summer Olympics ads
CMO Angela Zepeda explained the change in tone and why the brand’s vehicles are taking a back seat for the occasion.
By Peter Adams • July 29, 2024 -
Stellantis CEO: First half results ‘disappointing and humbling’
The automaker’s net profit was down 48% year over year as it continues to lose market share in North America.
By Haley Cawthon • July 26, 2024