Automakers: Page 54
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Vehicle dependability slips after 3 years of ownership: JD Power
The study found a decline in long-term dependability for two-thirds of the vehicle brands analyzed.
By Eric Walz • Feb. 13, 2024 -
Courtesy of BYD.
BorgWarner inks manufacturing deal with BYD subsidiary
The auto supplier will use FinDreams Battery’s LFP battery pack design and manufacturing process in Europe, the Americas and parts of the Asia-Pacific region.
By Sara Samora • Feb. 13, 2024 -
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Courtesy of Ford Motor Co.
Why the UAW deal may not result in more automation
Robots are too expensive for vehicle manufacturers to replace autoworkers at scale, experts say, but they can make assembly plants more efficient.
By Kalena Thomhave • Feb. 13, 2024 -
Courtesy of WardsAuto
Stellantis Adds Hungarian Plant to BEV Component Production
Szentgotthard factory joins French and North American sites for electric drive module production.
By Paul Myles • Feb. 13, 2024 -
Courtesy of IONNA LLC.
Joint venture EV charging network Ionna begins operations
The firm, which seven leading automakers support, plans to install at least 30,000 high-powered public chargers in strategic locations throughout North America.
By Eric Walz • Feb. 13, 2024 -
Courtesy of American Honda
Honda’s US sales up 36% last quarter
Despite below-average discounts, the automaker grew its U.S. market share significantly.
By Michael Brady , Eric Walz • Feb. 9, 2024 -
Nic Antaya via Getty Images
GM hires former Tesla exec to lead EV battery strategy
Kurt Kelty was heavily involved in creating Tesla’s first Gigafactory and has been working on lithium-ion batteries since he worked at Panasonic in 1993.
By Michael Brady • Feb. 9, 2024 -
Courtesy of WardsAuto
VW Ready to Go Big in Super Bowl and 2024
Volkswagen of America’s CEO forecasts 20% sales growth year over year, far outpacing the industry overall, with the fourth-quarter launch of the ID. Buzz paying homage to the classic Microbus.
By David Kiley • Feb. 9, 2024 -
Courtesy of FreeWire
GM Envolve to offer FreeWire EV charging to fleet customers
The automaker’s fleet, delivery and energy operation aims to streamline the vehicle electrification process for its customers.
By Brian Martucci • Feb. 9, 2024 -
Courtesy of Nissan Motor Corp.
Nissan’s profits plunged 43% in Q3
Logistics issues on the U.S.-Mexico border held the automaker's sales back in the quarter, CFO Stephen Ma said.
By Michael Brady • Feb. 8, 2024 -
Courtesy of Stellantis.
EU passes domestic clean energy act, trailing US supply chain and climate bills
The European Commission agreed to the Net-Zero Industry Act to increase domestic manufacturing, following similar domestic production acts passed by the U.S.
By Lamar Johnson • Feb. 8, 2024 -
Courtesy of Toyota Motor North America
Toyota investing $1.3B for EV production in Kentucky
The automaker will install a battery pack assembly line at the Kentucky plant and build a new three-row electric SUV for the U.S. market starting in 2025.
By Eric Walz • Feb. 8, 2024 -
Courtesy of Ford Motor Co.
Ford created a secret team to build an affordable EV
The automaker plans to launch multiple EVs based on the platform as part of its revamped electrification strategy, CEO Jim Farley said.
By Eric Walz , Michael Brady • Feb. 8, 2024 -
Courtesy of Volkswagen Group
Most Volkswagen autoworkers in Tennessee want to join union, UAW says
With a majority of workers having signed union cards, the United Auto Workers lauded the moment as a positive sign for its industry unionization drive.
By Michael Brady • Feb. 7, 2024 -
Courtesy of WardsAuto
Ford 2023 Profits Tempered by Electric-Vehicle Losses
John Lawler, Ford chief financial officer, says the company’s 2023 revenues grew 11% to $176 billion, marking Ford’s second consecutive year of double-digit growth. Net income improved year-over-year to $4.3 billion.
By Joseph Szczesny • Feb. 7, 2024 -
Courtesy of Toyota Motor North America
Toyota reports strong earnings as hybrid sales boom
The automaker also raised its full-year guidance.
By Michael Brady • Feb. 7, 2024 -
Courtesy of General Motors
GM, LG Chem ink $19B cathode material supply deal
The South Korea-based chemical maker will supply the automaker with enough CAM to power five million EVs.
By Ben Unglesbee • Feb. 7, 2024 -
Courtesy of WardsAuto
Under-Threat Audi Q8 e-tron Belgium Plant Cuts Production
Parts delays force reduced output for plant facing uncertain future because of weakening BEV demand in Europe.
By Paul Myles • Feb. 7, 2024 -
Getty Images
Energy Department opens battery R&D funds for sodium-ion
The $15.7 million will also go towards projects using smart manufacturing technologies to lower the cost of battery production.
By Joelle Anselmo • Feb. 6, 2024 -
Courtesy of Volkswagen Group
Volkswagen launches in-house AI company
The lab will create vehicle infotainment and navigation products, collaborating with tech companies across China, Europe and North America.
By Eric Walz • Feb. 6, 2024 -
Courtesy of WardsAuto
GM President Confident Dealers Will Make Money on EVs
Mark Reuss pledges GM wants to make the transition to electric vehicles profitable for auto retailers.
By Steve Finlay • Feb. 6, 2024 -
Courtesy of WardsAuto
Stellantis Squashes Rumors of Renault Merger
Press speculation of M&A creating new giant automaker group ruled out by head of Stellantis's largest shareholder.
By Paul Myles • Feb. 6, 2024 -
Courtesy of WardsAuto
Lincoln Refreshes 2025 Aviator, Drops PHEV
For the ’25 model year, Ford’s Lincoln refreshes the Aviator large CUV, which shares a platform, components and assembly plant with the Ford Explorer.
By David Kiley • Feb. 5, 2024 -
Retrieved from Northwest Seaport Alliance on September 20, 2023
Auto volumes surge at Northwest Seaport Alliance during 2023
The growth was fueled by Glovis America’s consolidation of its Kia and Hyundai business at the seaport and business from General Motors.
By Alejandra Carranza • Feb. 5, 2024 -
Courtesy of Hyundai Motor America
UAW drive gains momentum at Hyundai plant in Alabama
Autoworkers at the plant filed an unfair labor practice complaint against the company in December, alleging union-busting activities.
By Michael Brady • Feb. 5, 2024
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