Automakers: Page 87
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Affordable Cars Becoming Rare in Russia
Russia’s current auto market is reminiscent of the Soviet era when cars were considered luxury items most consumers could not afford.
By Eugene Gerden • June 26, 2023 -
Alfa Romeo Touts Italian Roots in Most-Seen Auto TV Ad
Chevrolet wins again for total TV ad impressions within the top-five chart, owning two commercials that ran up 359 million impressions combined, per iSpot.
By Wards Staff • June 23, 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 -
Porsche Reveals Mission X Concept for 75th Anniversary
The electric-powered supercar is billed as the German automaker’s range-topping model.
By Greg Kable • June 23, 2023 -
New vehicle quality is getting worse. Blame technology, J.D. Power says.
As automakers launch more high-tech vehicles, reported problems have reached a record high, according to J.D. Power’s 2023 Initial Quality Study.
By Eric Walz • June 23, 2023 -
EPA withdraws controversial EV credits from biofuels rule, potentially costing automakers billions
The U.S. Environmental Protection Agency pulled the electric vehicle proposal because it was concerned the rule would face legal challenges.
By Michael Brady • June 23, 2023 -
Ford, SK On secure up to $9.2B in loans from DOE
The loan will help finance construction of the companies’ three joint venture battery plants.
By Megan Ruggles • June 23, 2023 -
Mazda, Panasonic discussing long-term EV battery deal
If the companies reach an agreement, Panasonic will manufacture cylindrical lithium-ion batteries for Mazda in North America and Japan starting in 2025.
By Eric Walz • June 22, 2023 -
Hyundai to invest $85B in EVs by 2030
The company also boosted its electric vehicle sales target to 2 million units annually by the end of the decade.
By Eric Walz • June 22, 2023 -
Toyota’s Motorsport Division Announces 2024 GR Models
A limited run of 900 GR Supra and 860 GR 86 Trueno Edition units will be released to the U.S. market, along with 1,600 GR Corolla Circuit Editions.
By Jim Henry • June 21, 2023 -
Renault Group CEO Luca de Meo to lead EV-spinoff Ampere
The subsidiary aims to lower EV costs by 40% per vehicle by 2027 and develop new battery technologies and software-defined vehicle architecture.
By Michael Brady • June 21, 2023 -
Stellantis forms semiconductor joint venture with Foxconn
SiliconAuto will supply chips for the next generation of the automaker’s software-based vehicle platforms starting in 2026.
By Eric Walz • June 21, 2023 -
GM to invest nearly $1B in Ohio DMAX engine facility
The automaker is looking to boost motor production to meet rising demand for its heavy-duty trucks.
By Megan Ruggles • June 20, 2023 -
Rivian customers to gain access to Tesla’s Supercharger network beginning in 2024
And in 2025, all Rivian electric vehicles will come with Tesla’s North American Charging Standard plug.
By Eric Walz • June 20, 2023 -
Volkswagen subsidiary PowerCo to use new cost-saving process for manufacturing EV batteries
The dry coating method for manufacturing electric-vehicle batteries could save the automaker hundreds of millions of dollars a year and reduce energy consumption by as much as 30%.
By Eric Walz • June 20, 2023 -
UAW president warns Ford, GM, Stellantis that it’s ‘time to pay up’
More than 140,000 workers could strike this fall when the union’s contracts with the automakers expire on Sept. 14.
By Michael Brady • June 20, 2023 -
Two of Most-Seen Auto TV Ads Tout Chevrolet Trax, Silverado
Spots for the Trax and Silverado models combine for over 400 million national TV ad impressions, per iSpot.tv.
By Wards Staff • June 16, 2023 -
Nissan COO Ashwani Gupta to step down
Gupta was responsible for executing the automaker’s Next transformation plan, which included targets of electrifying 40% of its U.S. model lineup by 2026 and boosting global production capacity by 20%.
By Eric Walz • June 16, 2023 -
Mercedes-Benz testing AI-powered ChatGPT with customers
More than 900,000 vehicles in the U.S. are eligible for the optional beta test, which will last three months.
By Michael Brady • June 16, 2023 -
Ford and GM execs have lingering questions about the Inflation Reduction Act
Automakers are anxiously awaiting further federal guidance on how to ensure their vehicles qualify for EV consumer tax credits.
By Kate Magill • June 16, 2023 -
Mercedes-Benz Unveils Vision One-Eleven Concept
The bold new hypercar pays tribute to the German automaker’s C111 experimental prototype with a dramatic design and advanced axial-flux electric motor powertrain.
By Greg Kable • June 15, 2023 -
Tayron CUV to Become Volkswagen’s Next Global Model
The internal-combustion-engine-powered Tayron will be sold in North America from 2025 under the Tiguan name.
By Greg Kable • June 15, 2023 -
Mercedes-Benz to use 200,000 tons of reduced CO2 steel annually
By 2030, the automaker aims to slash average carbon dioxide emissions per passenger car by half compared with 2020 as part of its long-term plan to make its new vehicle fleet carbon-neutral.
By Eric Walz • June 15, 2023 -
Will Stellantis use Tesla’s EV charging standard? It’s thinking about it.
The automaker is evaluating whether to adopt the North American Charging Standard after Ford and General Motors struck deals with Tesla to use its Supercharger network.
By Michael Brady • June 15, 2023 -
Stellantis Spends on Start-Ups With Internal VC Fund
Stellantis places a bet on tech start-ups with hopes that the successful ones offset the high percentage that likely won’t survive.
By David Kiley • June 14, 2023 -
Saudi Arabia, Chinese Firm Sign EV Investment Agreement
The investment agreement encompasses plans to develop a domestic Saudi Arabian EV manufacturing industry.
By Greg Kable • June 14, 2023