Automakers: Page 52
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Tesla loses top interior designer to aviation startup Skyryse
Peter Blades oversaw the design of the minimalist interiors in the Model 3 and Model Y.
By Eric Walz • March 6, 2024 -
Toyota to buy EV battery company, ending venture with Panasonic
The automaker expects Primearth EV Energy Co. to help it respond to changes in demand for electrified vehicles.
By Michael Brady • March 6, 2024 -
Explore the Trendline➔
Provided by NPX Semiconductors
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Courtesy of Hyundai Motor Group.
Hyundai moves up Georgia EV factory timeline
The new plant will now begin production in Q4 of this year, months earlier than expected.
By Sara Samora • March 5, 2024 -
SEC charges Lordstown Motors with misleading investors on sales outlook
The defunct EV startup allegedly made false or misleading statements about pre-orders, parts access and delivery timelines, according to the U.S. Securities and Exchange Commission.
By Jim Tyson • March 5, 2024 -
Honda, Hyundai, Mazda and Subaru saw US sales rise in February
Only Kia's sales dropped, its third consecutive month of falling numbers.
By Michael Brady • March 4, 2024 -
China’s Xpeng, Volkswagen Group to co-develop EVs
The automakers will jointly develop and source common parts for two China-specific midsize EVs.
By Eric Walz • March 4, 2024 -
AV startup Motional to cut non-technical staff by 5%
It’s the latest autonomous vehicle company, including Cruise, to face financial challenges as the technology comes under increasing scrutiny.
By Eric Walz • March 1, 2024 -
Porsche names new head of North America customer experience
Christine Russell Fleischer, who was most recently at Infiniti, will take over as VP of customer experience and will report to CEO Timo Resch.
By Kristen Doerer • March 1, 2024 -
Fisker seeks deal with major automaker as survival is in question
The automaker also plans to streamline operations and slash its staff by 15% after losing $464 million in Q4.
By Michael Brady • March 1, 2024 -
Jeep Keeps It in the Family With Most-Seen Auto TV Ad
A spot promoting Jeep’s Presidents’ Day Sales Event received 166.8 million national TV ad impressions, per iSpot.
By WardsAuto Staff • March 1, 2024 -
Consumer confidence falls, breaking three-month rising streak
Spending by consumers is showing signs of sputtering after propelling better-than-expected economic growth last year.
By Jim Tyson • Feb. 29, 2024 -
Ayvens to buy up to 500,000 Stellantis vehicles
Deliveries are expected to begin in the first half of 2024.
By Eric Walz • Feb. 28, 2024 -
Nikola close to naming next CFO
CEO Steve Girsky has been serving as interim finance chief following Anastasiya “Stasy” Pasterick’s departure.
By David Taube • Feb. 28, 2024 -
Panasonic Energy fortifies battery supply chain with new graphite deal
Nouveau Monde Graphite is also growing its capacity as more battery companies and automakers secure additional suppliers for their North American supply chains.
By Kate Magill • Feb. 27, 2024 -
EV startups seek alternatives to DTC sales
Direct-to-consumer car sales aren’t what they used to be, experts say. Are dealers the future for automakers like VinFast and Fisker?
By Amanda Loudin • Feb. 27, 2024 -
Can Cadillac Direct Sales Work in EU?
General Motors’ Cadillac brand is introducing its Lyriq battery-electric vehicle in Europe without dealers, having sold off its European operation to Stellantis.
By David Kiley • Feb. 27, 2024 -
GM Adds France to European BEV Sales Push
Cadillac Lyriq goes on sale in Paris following successful sales campaign in Switzerland.
By Paul Myles • Feb. 27, 2024 -
BYD Expands Euro Lineup, Denies Unfair Subsidies
Chinese electric-vehicle-maker BYD Auto introduces a new supercar and a people-mover van at the Geneva auto show, amidst allegations the company is “dumping” EVs.
By David Kiley • Feb. 27, 2024 -
UAW wins majority support at Mercedes-Benz plant in Alabama
The facility is the second nonunionized automotive plant in the U.S. to earn support for collective bargaining since last fall, the United Auto Workers said.
By Michael Brady • Feb. 27, 2024 -
Stellantis CEO made over 36M euros in 2023
Carlos Tavares’ compensation soared 56% year over year, according to the automaker’s 2023 annual report.
By Michael Brady • Feb. 26, 2024 -
EnerSys plans South Carolina lithium-ion battery factory
The plant is part of an agreement with France-based battery maker Verkor, which produces batteries for automaker Renault Group’s premium and Alpine electric models.
By Joelle Anselmo • Feb. 26, 2024 -
Jeep Lowers Prices in Bid for More Sales
“The brand is not where it should be in market share,” says new Jeep CEO Antonio Filosa.
By Steve Finlay • Feb. 26, 2024 -
New vehicle sales rose to over 1.2M in February
Sales rebounded thanks to mild weather, strong inventory levels, and larger incentives and discounts, one analyst said.
By Michael Brady • Feb. 26, 2024 -
UAW to spend $40M to organize non-union autoworkers and battery plants
More than 10,000 non-union autoworkers have signed cards since the UAW launched a nationwide organizing drive in December.
By Eric Walz • Feb. 23, 2024 -
Mercedes-Benz delays EV goal amid slowing demand
Low-cost EV sales are growing faster than more expensive luxury models, a company executive said.
By Michael Brady • Feb. 23, 2024