Operations: Page 52
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Stellantis, Leapmotor JV to launch 2 EV models in Europe this year
As part of the partnership, Stellantis has exclusive rights to manufacture, export and sell Leapmotor EVs outside of China.
By Eric Walz • May 15, 2024 -
Powell sees longer inflation fight, ‘very small’ odds of Fed rate hike
“We have the highest interest rates in some time,” Powell said Tuesday. “The question is, ‘is it sufficiently restrictive?’”
By Jim Tyson • May 15, 2024 -
Explore the Trendlineâž”
Provided by NPX Semiconductors
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Autoline Daily 2024: Top Industry News for May 14
U.S. Households Hold $1.6 Trillion In Auto Debt; China Tariffs A Benefit & Threat; Latest Rankings: The Top 10 Global Automakers
May 14, 2024 -
Nonprofit AIAG Looks to Evolve in Pace With Industry
The nonprofit group tasked with developing supply chain best practices and efficiencies is looking to help smooth the bumps around the transformation to battery-electric and software-defined vehicles.
By Dave Zoia • May 14, 2024 -
Biden hikes tariffs on China-made EVs, batteries
The action aims to protect the U.S. market from the rise in Chinese electric vehicle exports, which the U.S. says jumped 70% from 2022 to 2023.
By Kate Magill , Eric Walz • May 14, 2024 -
Toyota CEO: ‘Next-generation BEVs must change the factories themselves’
The automaker aims to reconfigure its factories to cut the number of processes in half.
By Haley Cawthon • May 14, 2024 -
Volvo Cars shakes up leadership team after COO leaves for Rivian
The automaker named new product, engineering and supply chain chiefs as it pursues "technological and commercial transformation."
By Haley Cawthon • May 13, 2024 -
Autoline Daily 2024: Top Industry News for May 13
U.S. To Slap 100% Tariff on Chinese Cars; Official Pics: BYD Shark EV Pickup; Porsche 911 Hybrid Is Wicked Fast
May 13, 2024 -
EV maker Lucid Group shores up its losses with billion-dollar investments
Lucid has received $6.4 billion from Saudi Arabia’s Public Investment Fund since 2018, which has helped support its operations as it works to turn a profit.
By Eric Walz • May 13, 2024 -
Ford CFO John Lawler to serve in dual role as vice chair
The automaker also named former Lucid Group CFO Sherry House as VP of finance as it begins to execute its ​​Ford+ strategic plan.
By Eric Walz • May 10, 2024 -
Job security, work-life balance remain biggest challenges for women in revenue-generating roles
Women reported fewer promotions and fewer salary increases amid a tightening economy and slashed budgets.
By Carolyn Crist • May 10, 2024 -
Rivian completes plant retooling, a ‘pivotal step’ on path to profitability
CFO Claire McDonough said the EV maker expects lower variable costs to be the biggest driver of gross profit improvement this year.
By Haley Cawthon • May 10, 2024 -
Autoline Daily 2024: Top Industry News for May 10
China Car Exports Surge to New Record; U.S. to Impose Tariffs on Chinese EVs; Honda to Make More Parts In-House
By Jim Irwin • May 10, 2024 -
Column
Amid Copious Vehicle Features, OEMs Need a New CX Strategy
OEMs are constantly adding new features to their vehicles, but there’s not a lot of evidence consumers want all these new options – and some pretty solid evidence many consumers don’t.
By Parrish Hanna • May 10, 2024 -
Autoline Daily 2024: Top Industry News for May 9
Toyota Might Have Hybrid Problem in China; U.S. Could Ban Chinese Connected Cars; Ford Backing Off EU EV Plans
May 9, 2024 -
Nissan Looks to U.S. for 2024 Profits Hike
Challenges in China should be offset by growth in North American markets, automaker says.
By Paul Myles • May 9, 2024 -
Fed likely to hold rates high before cutting twice in Q4: Conference Board
Central bank officials this week have signaled that strength in hiring and economic growth may prompt the Fed to keep interest rates high longer than previously expected.
By Jim Tyson • May 9, 2024 -
Auto retail sales benefit from tax season: Cox Automotive
Used vehicle supply fell to its lowest level in the past year after a spring buying surge.
By Kalena Thomhave • May 9, 2024 -
BEV Startups Burning Cash and Hopes
Electric-vehicle startups Rivian, Lucid and Fisker continue to burn cash at a rapid rate as sales and brand awareness remain elusive.
By David Kiley • May 8, 2024 -
Autoline Daily 2024: Top Industry News for May 8
Toyota Posts Record Profits; Rivian Loses Nearly $40,000 Per Vehicle Sold; Tesla Buys $2 Million Worth of Lidar In Q1
May 8, 2024 -
Automakers get more flexibility as US finalizes EV tax credit rules
Electric vehicle makers have been racing to shift their supply chains to qualify for the credit. The latest changes give them more time.
By Eric Walz • May 8, 2024 -
UAW Local 869 votes to authorize strike at Stellantis plant
The union has put the automaker on notice as workers claim it has failed to address health and safety grievances at the Michigan facility.
By Haley Cawthon • May 7, 2024 -
Autoline Daily 2024: Top Industry News for May 7
Could Lucid Run Out of Money?; NIO Launching Affordable Brands in Europe; CATL Wants to License Tech to Others
May 7, 2024 -
Rivian hires former Volvo Cars exec as next COO
Javier Varela will be central to the company’s growth and profitability as it prepares to launch new electric vehicles.
By Eric Walz • May 6, 2024 -
Autoline Daily 2024: Top Industry News for May 6
EVs Put Dent in Gasoline Demand; U.S. Updates EV Tax Credit Rules, More Eligible; France Boosts EV Sales Targets
May 6, 2024