Automakers: Page 71
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Ford lost $1.3B due to the UAW strike, zapping its Q3 profits
The strike canceled the production of 80,000 vehicles and cost Ford $850 to $900 per vehicle.
By Eric Walz • Oct. 27, 2023 -
Cruise recalls driverless robotaxis after halting operations in 3 cities
The General Motors subsidiary is grappling with two federal investigations and a recent incident in which one of its cars left a pedestrian seriously injured.
By Dan Zukowski • Updated Nov. 8, 2023 -
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 delays construction on second Kentucky battery plant
The automaker is also delaying $12 billion in electric vehicle investments a month after it paused construction on its Michigan EV factory.
By Kate Magill • Oct. 27, 2023 -
Volvo Cars’ Belgium Plant to Build EX30 Entry-Level BEV
The decision adds production flexibility for what Volvo Cars expects to be one of its best-selling models in coming years.
By Paul Myles • Oct. 27, 2023 -
Stellantis invests $1.6B in China-based EV startup Leapmotor
The investment gives Stellantis a 20% stake in the electric vehicle maker and provides access to the world’s largest EV and hybrid market, which nearly doubled in size last year.
By Eric Walz • Oct. 27, 2023 -
Cruise Suspends Robo-Taxi Service Amid Claims of Misrepresentation
General Motors' autonomous company investigated after its vehicle drags pedestrian under its wheels.
By Paul Myles • Oct. 26, 2023 -
UAW Proclaims Victory in Tentative Agreement With Ford
UAW officials say union members will begin returning to work at Ford as soon as practical to put additional pressure on General Motors and Stellantis, where thousands of workers remain off the job as part of the UAW’s “Stand-Up” strikes.
By Joseph Szczesny • Oct. 26, 2023 -
Ford, UAW reach tentative agreement to end strike
General Motors and Stellantis autoworkers could also receive significant raises if the union pressures them to meet or exceed Ford’s latest offer to raise top wages by more than 30% over the next four years.
By Eric Walz • Oct. 26, 2023 -
Tesla, BMW, Renault Could Face EU Import Duties on Chinese BEVs
The European Commission contends Chinese government subsidies are keeping the price of Chinese BEVs artificially low and are “distorting our market.”
By Sara Lewis • Oct. 26, 2023 -
Honda Again Leads Ranking of Most-Seen Auto TV Ads
Subaru is still the most-seen brand in the latest ranking, with two commercials that tallied a combined 335.5 million national TV ad impressions, per iSpot.
By Wards Staff • Oct. 26, 2023 -
Honda, GM scrap $5B plan to jointly build affordable EVs
Originally, the automakers had planned to co-develop millions of EVs using General Motors’ Ultium battery technology with Honda designing the exterior and interior.
By Eric Walz • Oct. 26, 2023 -
Stellantis JV to Boost Automotive Battery Recycling
Automaker teams up with nuclear specialist to accelerate capabilities in lithium-ion battery recycling.
By Paul Myles • Oct. 25, 2023 -
Mazda Rotary Sports Car Returns as Lightweight Hybrid
A rotary-powered ICE engine returns in a two-seater sports car in the shape of the plug-in-hybrid Mazda Iconic SP.
By Paul Myles • Oct. 25, 2023 -
UAW Walkouts Take Aim at Detroit Three Golden Geese
The latest phase of the UAW’s efforts to meet its contract demands targets the automakers’ largest sources of revenue and profits: expensive pickup trucks and SUVs.
By Joseph Szczesny • Oct. 25, 2023 -
GM, Stellantis furlough another 660 workers due to UAW strike
Stellantis furloughed 525 autoworkers at two stamping plants that provide parts for the Ram 1500. General Motors furloughed 139 workers at a stamping plant that makes parts for its full-size SUVs.
By Michael Brady • Oct. 25, 2023 -
Plug-In Power for Next Mercedes-AMG GLE 53 Hybrid
Upgraded CUV and CUV Coupe duo are the first AMG models to receive Mercedes’ new gasoline-electric plug-in hybrid system.
By Greg Kable • Oct. 25, 2023 -
California suspends Cruise robotaxis for misrepresenting safety
The General Motors subsidiary withheld portions of a video showing a recent incident that left a pedestrian severely injured, the state DMV said.
By Dan Zukowski • Oct. 25, 2023 -
New cars are more affordable for the first time since 2019
After peaking in December, the average monthly payment declined 0.8% in September from the month prior, Cox Automotive and Moody Analytics said.
By Michael Brady • Oct. 25, 2023 -
Tesla confirms DOJ investigation over inflated driving range estimates
The U.S. Department of Justice is also investigating allegations that the automaker improperly used company funds for CEO Elon Musk’s secret house project, according to a regulatory filing.
By Michael Brady • Oct. 25, 2023 -
Mitsubishi Invests in Alliance Partner Renault BEV Production Plant
Mitsubishi joins Alliance partners investing in Renault's Ampere electric-vehicle production plant in France.
By Paul Myles • Oct. 24, 2023 -
Saudi Deal Ramps Up Hyundai’s Hydrogen Fuel-Cell Program
Korean automaker keen on hydrogen powertrain project in Saudi Arabia.
By Paul Myles • Oct. 24, 2023 -
Stellantis Adding 12 New Commercial Vehicles to Market
Stellantis’s renewed LCV lineup brings with it a second generation of zero-emission technologies, including in-house BEV systems that claim greater range without compromising carrying capacity.
By Paul Myles • Oct. 24, 2023 -
GM abandons plan to build 400,000 EVs by mid-2024
The automaker blamed lower demand for its decision to curb its EV production goals. GM’s EV production climbed 40% from Q2 to Q3, while EV sales grew 28%.
By Eric Walz • Oct. 24, 2023 -
GM assembly plant in Texas shuts down after 5,000 UAW members strike
The strike at GM’s largest and most profitable plant stopped production of the automaker’s full-size SUVs.
By Michael Brady • Oct. 24, 2023 -
UAW expands strike to Stellantis’ biggest US factory
After calling the automaker’s current offer the “worst proposal on the table,” 6,800 workers from the Sterling Heights Assembly Plant in Michigan walked off the job.
By Eric Walz • Updated Oct. 25, 2023