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Courtesy of WardsAuto
Death of a Segment: Minivans
The minivan segment was almost 1 million per year when Barack Obama began his presidency, but has dwindled to less than 200,000 this election cycle. Families are voting for CUVs and SUVs over minivans and they aren’t looking back.
By David Kiley • Oct. 3, 2024 -
Getty Images
Powell says Fed policymakers not ‘in a hurry’ to cut interest rates
“We’re recalibrating policy to maintain the strength in the economy, not because of weakness in the economy,” Federal Reserve Chair Jerome Powell said.
By Jim Tyson • Oct. 3, 2024 -
Explore the Trendline➔
Provided by NPX Semiconductors
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Courtesy of Cubert
Battery startup Northvolt to lay off workers, scale back expansion plans
More than 200 employees were affected by the decision to close the company's R&D facility in San Leandro, California.
By Kalena Thomhave • Oct. 3, 2024 -
Courtesy of Volkswagen
Volkswagen slashes financial outlook — again
It’s the second time in less than three months that VW has warned of reduced profits.
By Haley Cawthon • Oct. 3, 2024 -
Courtesy of WardsAuto
Autoline Daily 2024: Top Industry News for Oct. 2
GM on Pace to Hit 200,000 EV Production Rate; New Material Prevents Thermal Runaway in Batteries; Ford in Talks to Build EVs In India
Oct. 2, 2024 -
Courtesy of Stellantis
Stellantis’ sales struggles spur lower guidance
The automaker also adjusted its inventory and shipment plans, citing "corrective actions" in North America.
By Haley Cawthon • Oct. 2, 2024 -
Joe Raedle via Getty Images
Layoffs mount amid low manufacturing demand: September PMI
The presidential election, an East Coast port strike and the impact of Hurricane Helene are creating a flurry of challenges for manufacturers this fall.
By Kate Magill • Oct. 2, 2024 -
Courtesy of WardsAuto
Volvo Posts Modest September Sales Growth
European sales keep the automaker's outlook buoyant as China and U.S. performance continue to tank.
By Paul Myles • Oct. 2, 2024 -
Courtesy of WardsAuto
Autoline Daily 2024: Top Industry News for Oct. 1
Crucial Jeep Redesigns Still Years Away; Fiat Extends 500e Production Stoppage; Hurricane Helene Wrecks Thousands of Vehicles
Oct. 1, 2024 -
Courtesy of WardsAuto
General Motors’ Mark Reuss: Hyundai JV Prospects Are Excellent, Culture at GM Ready To Rock
GM President Mark Reuss has high hopes and expectations for successful joint ventures to emerge from a memo of understanding with the Hyundai Group. He says GM’s culture has changed markedly to support joint ventures and points to vehicles like Buick Envista, an entry-level model that is profitable, to make his point.
By David Kiley • Oct. 1, 2024 -
Courtesy of Hyundai Motor North America
Hyundai, Kia launch advanced battery technology project
To better compete in the EV market, the automakers plan to jointly develop lithium iron phosphate battery cathode material manufacturing technology in South Korea.
By Haley Cawthon • Oct. 1, 2024 -
Courtesy of WardsAuto
Autoline Daily 2024: Top Industry News for Sept. 30
ICE Could Be Around For Rest of 21st Century; Dock Strike Could Hurt U.S. Auto Industry; Geely Readies Next-Gen PHEV
Sept. 30, 2024 -
Courtesy of WardsAuto
Football Delivers Extensive Reach for Most-Seen Auto TV Ads
All of the top automotive spots, as ranked by iSpot.tv’s national TV ad impressions for Sept. 16-22, prioritized football to reach engaged audiences.
By WardsAuto Staff • Sept. 30, 2024 -
Courtesy of WardsAuto
Podcast
WardsAuto Podcast: GM President Mark Reuss on Hyundai JV and More
GM President Mark Reuss, a GM lifer whose father also held the title of GM president, talks with WardsAuto about the Hyundai joint venture and the history of GM’s JVs.
By Wards Staff • Sept. 30, 2024 -
Courtesy of Ford Motor Co.
Ford reaches tentative union deal with tool and die unit
The UAW said Local 600's agreement would strengthen job security at the Dearborn, Michigan, facility by protecting against the impacts of advancements in 3D printing.
By Haley Cawthon • Sept. 30, 2024 -
Brandon Bell via Getty Images
Dealer pessimism rises amid concerns about economy, election
The sentiment is likely driven by rising costs and declining profitability relative to an industry peak in 2021, according to a recent Cox Automotive survey.
By Kalena Thomhave • Sept. 30, 2024 -
Courtesy of WardsAuto
Autoline Daily 2024: Top Industry News for Sept. 27
EU and China Agree to End EV Tariff Dispute; VW Bringing Hybrids to U.S. Market; Dealers Want to Ease U.S. Emission Rules
Sept. 27, 2024 -
Courtesy of WardsAuto
Column
Is Stellantis Really Out To Replace Tavares?
Stellantis is public with searching for a successor to Carlos Tavares. Is the clock ticking on the CEO?
By David Kiley • Sept. 27, 2024 -
Getty Images
Fed rate cut unlikely to boost US auto sales in Q4
However, continued interest rate cuts and lower vehicle prices could make a difference in 2025, analysts said.
By Michael Brady • Sept. 27, 2024 -
Brandon Bell via Getty Images
Trump vs. Harris on manufacturing: A tale of 2 speeches
In dueling remarks this week, the Republican nominee focused on tariff hikes, while the Democratic nominee talked of boosting clean energy production.
By Kate Magill • Sept. 27, 2024 -
Courtesy of WardsAuto
Few U.K. Consumers Plan BEV Purchase as ICE Ban Looms
Survey data backs up automakers' strategy to maintain a multi-energy powertrain approach even if new-car sales in the nation crash post-ICE ban.
By Paul Myles • Sept. 27, 2024 -
Courtesy of WardsAuto
Autoline Daily 2024: Top Industry News for Sept. 26
Toyota Drops the Prime Name from PHEVs; JLR Testing Recycled Batteries; Legacy Auto Loses Top Talent to Outdated Practices
Sept. 26, 2024 -
Courtesy of Stellantis
Stellantis lays off seasonal workers at Michigan plant
The automaker cut 177 supplemental employees as well as 14 full-timers at its Sterling Heights Assembly Plant, citing multiple reasons.
By Edwin Lopez • Sept. 26, 2024 -
Photo by Frederic Lewis/Getty Images via Getty Images
Companies are investing less time and money in women: study
McKinsey & Co. emphasized that the “broken rung” of advancement remains a core issue for women.
By Caroline Colvin • Sept. 26, 2024 -
Courtesy of WardsAuto
BEV-Maker Lucid Opens Michigan Office
The electric-vehicle startup plans to grow operations in metro Detroit, aiming to tap into automotive talent in Michigan.
By Gary S. Vasilash • Sept. 26, 2024
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