Automakers: Page 51
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Biden hikes tariffs on China-made EVs, batteries
The action aims to protect the U.S. market from the rise in Chinese electric vehicle exports, which the U.S. says jumped 70% from 2022 to 2023.
By Kate Magill , Eric Walz • May 14, 2024 -
Toyota CEO: ‘Next-generation BEVs must change the factories themselves’
The automaker aims to reconfigure its factories to cut the number of processes in half.
By Haley Cawthon • May 14, 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 -
Honda Opens Indian Motorcycle Dedicated R&D Center
Automaker seeks to tap into huge 2-wheeled market in India with carbon-neutral products.
By Paul Myles • May 14, 2024 -
Volvo Cars shakes up leadership team after COO leaves for Rivian
The automaker named new product, engineering and supply chain chiefs as it pursues "technological and commercial transformation."
By Haley Cawthon • May 13, 2024 -
Mercedes Reportedly Cancels MB.EA-Large EV Platform
Germany’s Handelsblatt reports Mercedes-Benz has halted development of its flagship electric-vehicle platform due to poor sales of its luxury electric models.
By Greg Kable • May 13, 2024 -
EV maker Lucid Group shores up its losses with billion-dollar investments
Lucid has received $6.4 billion from Saudi Arabia’s Public Investment Fund since 2018, which has helped support its operations as it works to turn a profit.
By Eric Walz • May 13, 2024 -
Environmentalists Try to Storm Tesla’s Euopean Gigafactory
German police make multiple arrests as campaigners attempt to stop expansion of plant that threatens surrounding woodlands.
By Paul Myles • May 13, 2024 -
Ford CFO John Lawler to serve in dual role as vice chair
The automaker also named former Lucid Group CFO Sherry House as VP of finance as it begins to execute its Ford+ strategic plan.
By Eric Walz • May 10, 2024 -
Rivian completes plant retooling, a ‘pivotal step’ on path to profitability
CFO Claire McDonough said the EV maker expects lower variable costs to be the biggest driver of gross profit improvement this year.
By Haley Cawthon • May 10, 2024 -
BYD Sends Yangwang Hyper-BEV to Goodwood
European charm offensive to compete on hill-climb at the famous Goodwood Festival of Speed.
By Paul Myles • May 10, 2024 -
WardsAuto Podcast: Cadillac Chief John Roth and Electrification
Cadillac has softened its drive to have an all-BEV showroom by 2030 as demand has slackened and federal regulators have lightened mandates.
By WardsAuto Staff • May 10, 2024 -
Nissan Looks to U.S. for 2024 Profits Hike
Challenges in China should be offset by growth in North American markets, automaker says.
By Paul Myles • May 9, 2024 -
Toyota Opens H2 HQ
Toyota, which markets one hydrogen fuel-cell car, opens a new hydrogen R&D center in Gardena, CA, to develop technology around hydrogen power for vehicles, stationary generators and more.
By David Kiley • May 9, 2024 -
Fuel-Cell-Powered Ram Headed for U.S., EU Markets
Stellantis will build a hydrogen fuel-cell electric Ram heavy-duty pickup in Poland and Mexico as FCEV pickups gradually replace diesel trucks.
By David Kiley • May 9, 2024 -
Auto retail sales benefit from tax season: Cox Automotive
Used vehicle supply fell to its lowest level in the past year after a spring buying surge.
By Kalena Thomhave • May 9, 2024 -
Ford execs on EV strategy: 3 lessons learned on pricing, models and profits
The automaker expects each one of its electric vehicles to be profitable within 12 months of launch, and it will do ‘everything it takes’ to make that a reality.
By Haley Cawthon • May 9, 2024 -
Toyota’s Hybrids Clean Up in First Quarter
Automaker shrugs off BEV critics with a stellar list of revenue figures to start off 2024.
By Paul Myles • May 8, 2024 -
Automakers get more flexibility as US finalizes EV tax credit rules
Electric vehicle makers have been racing to shift their supply chains to qualify for the credit. The latest changes give them more time.
By Eric Walz • May 8, 2024 -
Q&A: General Motors SVP Ken Morris
GM’s new product leader discusses the automaker’s “0-0-0” goals and future direction.
By Gary Witzenburg • May 8, 2024 -
April auto sales: EVs make a slight comeback for automakers
Ford and Kia were the two standouts of the month, notching triple-digit percent growth on electric vehicle sales.
By Haley Cawthon • May 8, 2024 -
UAW Local 869 votes to authorize strike at Stellantis plant
The union has put the automaker on notice as workers claim it has failed to address health and safety grievances at the Michigan facility.
By Haley Cawthon • May 7, 2024 -
BMW’s future EVs will support bidirectional charging
The automaker’s next generation of vehicles will be able to store energy to send back to the grid.
By Eric Walz • May 7, 2024 -
Rivian hires former Volvo Cars exec as next COO
Javier Varela will be central to the company’s growth and profitability as it prepares to launch new electric vehicles.
By Eric Walz • May 6, 2024 -
Volvo Sees Continuing Sales Gains in April
Electrified powertrains continue to drive global vehicle sales for Volvo Cars.
By Paul Myles • May 6, 2024 -
China’s BYD Plans Expansion Into Mexico, Rules Out U.S.
Should BYD open a Mexican plant and build up a Mexican supply chain (and even source parts from the U.S. and Canada), then under the US-Mexico-Canada Agreement’s rules of origin, its BEVs could enter the U.S. duty-free.
By Elizabeth Machuca • May 6, 2024