Autoline Daily 2024: Top Industry News for Nov. 14

Geely Merging Brands Together; Renault Thinks It Can Catch the Chinese; EVs Outpace Overall U.S. Market

Nov. 14, 2024

Ram Trucks Harnesses Return of ‘Yellowstone’ to Achieve Notable Ad Reach

Reruns plus a new episode of the Paramount Network hit Yellowstone generated over 14% of the total national TV viewer impressions received by Ram Trucks’ No.1 auto ad, per iSpot.tv.

By Wards Staff • Nov. 14, 2024

Explore the Trendline➔

Automotive Manufacturing

Production strategies are changing rapidly as tariffs and shifts in consumer buying patterns affect the industry.

By WardsAuto staff

NHTSA probes 1.4M Honda vehicles for engine failures

The agency is assessing whether a connecting rod bearing issue was missed in a previous recall. 

By Eric Walz • Nov. 14, 2024

Autoline Daily 2024: Top Industry News for Nov. 13

VW Boosts Rivian Investment By $800 Million; UAW Scales Back Organizing Efforts; Hertz Accelerates EV Selloff

Nov. 13, 2024

Volkswagen, Rivian launch their $5.8B joint venture

The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, leadership and financial structure.

By Edwin Lopez • Nov. 13, 2024

Average salary increases are sloping downward, survey shows

More companies returned to the “typical” salary increase range of 3% to 3.9% in 2024, Salary.com found.

By Emilie Shumway • Nov. 13, 2024

Autoline Daily 2024: Top Industry News for Nov. 12

VinFast Gets Major Life-Line; Trump Appoints New Head of EPA; Porsche Holding Regular Bug Bounty Programs

Nov. 12, 2024

Stellantis to lay off 400 workers at Detroit material logistics facility

The latest job cuts follow last week’s lay off announcement of 1,100 UAW-represented employees at the automaker’s Toledo South Assembly Plant in Ohio.

By Eric Walz • Nov. 12, 2024

Stellantis JV May Yield to Chinese State Pressure to End Investments in Pro-Tariff EU Countries

Leapmotor International set to move planned production of new BEV from tariff-supporting Poland to Germany and Slovakia who voted against EU's punitive tariffs on Chinese-made products.

By Paul Myles • Nov. 12, 2024

Autoline Daily 2024: Top Industry News for Nov. 11

Tesla Market Cap Back Over $1 Trillion; BYD On Track to Outsell Nissan, Honda, Ford; Toyota Says ZEV Mandate Is Impossible to Meet

Nov. 11, 2024

Autoline Daily 2024: Top Industry News for Nov. 8

EV Sales Forecasts Lowered as Trump Wins; Lucid’s Rawlinson Makes More Money Than GM’s Barra; China SSB To Drop Anode, Separator

Nov. 8, 2024

How Nissan Hit the Wall

Nissan is restructuring, cutting jobs and closing manufacturing capacity to deal with declining sales and profits in China and the U.S.

By David Kiley • Nov. 8, 2024

NFL, College Football Deliver Wide Reach for Latest Most-Seen Auto TV Ads

The most-seen auto TV ads cropped up on NFL, college football and World Series telecasts.

By Wards Staff • Nov. 8, 2024

Rising share of consumers owe more on their cars than they’re worth

At least one in five consumers had negative equity of more than $10,000 in Q3, according to Edmunds research.

By Kalena Thomhave • Nov. 8, 2024

Fed cuts rate by quarter point, sees ‘balanced’ risks to inflation, jobs

The reduction in borrowing costs came just two days after Donald Trump won a second term as president, heralding likely economic policy shifts.

By Jim Tyson • Nov. 8, 2024

Autoline Daily 2024: Top Industry News for Nov. 7

Volvo EX30 Finally Coming to the U.S.; Big Layoffs & Production Cuts at Nissan; EU Likely to Stick to Harder Emission Targets

Nov. 7, 2024

Nissan plans to cut 9,000 jobs as it slashes global production

CEO Makoto Uchida said the cost-cutting move is in response to weak sales and a 90% drop in operating profit. 

By Larry Avila • Nov. 7, 2024

Automotive groups react to Donald Trump’s victory

Companies say they are now turning their focus on policies to protect and grow jobs.

By Larry Avila • Nov. 7, 2024

Toyota’s Q2 profit falls by $1.8B, its first quarterly decline in 2 years

The automaker cited several factors for the decline, including uncertain economic conditions, market demand and a more competitive environment.

By Eric Walz • Nov. 7, 2024

Stellantis to lay off 1,100 at its Toledo South Assembly Plant

The layoffs are effective as early as Jan. 5, 2025. The automaker called it a “necessary action to reduce high inventory levels.”

By Eric Walz • Nov. 7, 2024

Autoline Daily 2024: Top Industry News for Nov. 6

Toyota’s Unique Inventory Strategy; Trump’s Likely Impact on Auto Industry; Xpeng Develops New EREV System

Nov. 6, 2024

BEVs Make Gains in U.K. Sales While Market Slides 6% in October

Industry lobbyist warns consumers need extra incentives to save automakers from missing targets for BEV sales next year.

By Paul Myles • Nov. 6, 2024

4 employment actions to expect under a second Trump presidency

Employers are likely to see immigration raids, agency chair replacements and a slowing in regulatory activity, experts at Littler predicted.

By Emilie Shumway • Nov. 6, 2024

Subaru anticipates 15% drop in 2025 profits

The automaker reported a 20% sales decrease — including a 10% decline in the U.S. — during the first half of its fiscal year.

By Haley Cawthon • Nov. 6, 2024

Buy Them All Ice Cream

Automakers like Stellantis, finding themselves with market pressure and falling profits, should not start indiscriminately slashing costs, outsourcing work and getting rid of the very people who delivered those profits when times were easier.

By John McElroy • Nov. 5, 2024