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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 -
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 -
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 -
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 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 -
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 -
Courtesy of WardsAuto
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 -
Courtesy of WardsAuto
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 -
Courtesy of WardsAuto
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 -
Getty Images
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 -
Justin Sullivan via Getty Images
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 -
Courtesy of WardsAuto
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 -
Courtesy of WardsAuto
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 -
Courtesy of General Motors
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 -
Bill Pugliano via Getty Images
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 -
Courtesy of WardsAuto
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 -
Courtesy of Volvo Cars
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 -
Courtesy of WardsAuto
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 -
Courtesy of Fisker, Inc.
Fisker names chief restructuring officer
The ailing company’s board appointed John DiDonato, managing director of Huron Consulting Group, to the role last month as it attempts to stave off bankruptcy.
By Kalena Thomhave • May 3, 2024 -
Courtesy of Ford Motor Co.
Ford recalls nearly 243K Maverick pickups for tail light issue
The company has issued a total of 23 separate recalls across its model lineup since January.
By Eric Walz • May 3, 2024
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