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Courtesy of WardsAuto
UAW Plots Next Steps After Tough Loss in Alabama
The United Auto Workers is looking at the options for recruiting new members at auto factories in the Southeast after the union’s organizing loss at the Mercedes-Benz plant in Vance, AL, last week.The UAW is vowing the broad organization drive, targeting 13 different companies, will continue desp...
By Joseph Szczesny • May 20, 2024 -
Courtesy of WardsAuto
Autoline Daily 2024: Top Industry News for May 20
Mercedes Workers Reject the UAW; BYD Workers Strike Over $5,000/Year Pay; Tesla EU Sales Are 44% Fleet
May 20, 2024 -
Explore the Trendline➔
Courtesy of Toyota
TrendlineAutomotive Manufacturing
Production strategies are changing rapidly as tariffs and shifts in consumer buying patterns affect the industry.
By WardsAuto staff -
Retrieved from Phillips 66 press release.
Freewire Technologies on the verge of terminating operations
The EV charging supplier, which already pulled out of non-North American markets in February, is seeking funding amid financial challenges.
By Brett Dworski • May 17, 2024 -
Mark Wilson via Getty Images
Industry leaders react to tariff hikes on China-made goods
“Automakers embrace fair competition. We’re not shrinking from it, but China’s EV overcapacity and subsidy issue is real," said Alliance for Automotive Innovation President and CEO John Bozzella.
By Phil Neuffer • May 17, 2024 -
Courtesy of WardsAuto
Automakers Harness Sports Programming With Latest Most-Seen TV Ads
News is providing a budget-friendly option to deliver wide reach.
By WAW Staff • May 16, 2024 -
Eric Walz/WardsAuto
Inside Honda’s updated multibillion-dollar electrification strategy
The massive investments will be used to establish a comprehensive electric vehicle value chain.
By Eric Walz • May 16, 2024 -
Courtesy of Mercedes-Benz AG
Mercedes-Benz Q1 profits down nearly 30%
The automaker attributed lower volumes to product transitions and supply chain bottlenecks.
By Haley Cawthon • May 16, 2024 -
Courtesy of Stellantis
Stellantis’ volumes nearly 100K less in Q1. Here’s where production was cut.
The automaker expects production of next-generation vehicles to ramp up “significantly” in the second half of 2024.
By Haley Cawthon • May 15, 2024 -
Courtesy of Honda Motor Co.
Honda banks on hybrid profits to fund EV transition
The automaker announced it will increase R&D spending by almost 25% over the next year to gain a competitive advantage in the hybrid vehicle segment.
By Eric Walz • May 15, 2024 -
Courtesy of WardsAuto
The Subprime Also Rises
Subprime originations climb but so do overdue accounts, reports the New York Fed.
By Jim Henry • May 15, 2024 -
Courtesy of WardsAuto
Aiways Shifts Sales Focus to Europe to Escape Chinese Price War
The Chinese automaker plans a Nasdaq listing via a merger with a SPAC by year’s end.
By Greg Kable • May 15, 2024 -
Courtesy of WardsAuto
Startup Sees Salvation in External-Combustion Engine
Hyliion’s proprietary flameless oxidation means the Karno emits minimal amounts of carbon dioxide and nitrogen oxides (NOx). Depending on the fuel used, the Karno can have practically zero emissions.
By Alan Adler • May 15, 2024 -
Courtesy of Stellantis
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 -
Getty Images
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 -
Courtesy of WardsAuto
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 -
Courtesy of WardsAuto
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 -
Alex Wong via Getty Images
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 -
Courtesy of Toyota Motor North America
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 -
Courtesy of Volvo
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 -
Courtesy of WardsAuto
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 -
Courtesy of Lucid Group, Inc.
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 -
Sarah Rice via Getty Images
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 -
Courtesy of Rivian Automotive
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 -
Getty Images
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 -
Courtesy of WardsAuto
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
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