Automakers: Page 58
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GM, Magna and Wipro to create automotive software marketplace
The platform, dubbed SDVerse, aims to match buyers and sellers of embedded automotive software for software-defined vehicles.
By Michael Brady • March 8, 2024 -
Stellantis Advancing Bio-Hybrid Powertrains in Latin America
Automaker seeks to maintain South American sales dominance investing in bio-fueled electrified powertrain technology.
By Paul Myles • March 7, 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 -
Ford, dealers offer $2M in automotive technician scholarships
The auto industry is facing a shortage of techs, with over 400,000 needed by 2027, according to the automaker.
By Eric Walz • March 7, 2024 -
Scout Motors breaks ground on $2B EV plant after environmental delays
The automotive company plans to finish its South Carolina facility in 2026 after pausing construction in the fall of 2023.
By Sebastian Obando • March 6, 2024 -
Stellantis’ Pro One commercial business accounted for one third of its $200B net revenue in 2023
The automaker’s Ram brand reached 20% market share in North America’s commercial van segment.
By Eric Walz • March 6, 2024 -
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 -
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 -
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 -
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 -
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