Operations: Page 60
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Courtesy of WardsAuto
Autoline Daily 2024: Top Industry News for Feb. 27
Tesla Steals More New Buyers Than Anyone Else; Yanfeng Makes Seating Cheaper; Isetta-Like EV Could Come to U.S.
Feb. 27, 2024 -
Courtesy of Nouveau Monde Graphite
Panasonic Energy fortifies battery supply chain with new graphite deal
Nouveau Monde Graphite is also growing its capacity as more battery companies and automakers secure additional suppliers for their North American supply chains.
By Kate Magill • Feb. 27, 2024 -
Explore the Trendlineâž”
Provided by NPX Semiconductors
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Courtesy of Fisker Inc.
EV startups seek alternatives to DTC sales
Direct-to-consumer car sales aren’t what they used to be, experts say. Are dealers the future for automakers like VinFast and Fisker?
By Amanda Loudin • Feb. 27, 2024 -
Courtesy of Mercedes-Benz AG
UAW wins majority support at Mercedes-Benz plant in Alabama
The facility is the second nonunionized automotive plant in the U.S. to earn support for collective bargaining since last fall, the United Auto Workers said.
By Michael Brady • Feb. 27, 2024 -
Courtesy of WardsAuto
Autoline Daily 2024: Top Industry News for Feb. 26
Jeep abandons Wagoneer as separate brand; Toyota Cuts '23 Mirai prices to $12k; BYD Shows Supercar and Luxe SUV.
Feb. 26, 2024 -
Bill Pugliano/Stringer/Getty Images North America via Getty Images
Stellantis CEO made over 36M euros in 2023
Carlos Tavares’ compensation soared 56% year over year, according to the automaker’s 2023 annual report.
By Michael Brady • Feb. 26, 2024 -
(Photo by John Moore/Getty Images) via Getty Images
EnerSys plans South Carolina lithium-ion battery factory
The plant is part of an agreement with France-based battery maker Verkor, which produces batteries for automaker Renault Group’s premium and Alpine electric models.
By Joelle Anselmo • Feb. 26, 2024 -
Getty Images
New vehicle sales rose to over 1.2M in February
Sales rebounded thanks to mild weather, strong inventory levels, and larger incentives and discounts, one analyst said.
By Michael Brady • Feb. 26, 2024 -
Courtesy of WardsAuto
Stellantis to Open Second BEV Production Hub in U.K.
Historic light-commercial-vehicle factory in Luton takes on battery-electric-vehicle production to celebrate its 120-year anniversary.
By Paul Myles • Feb. 26, 2024 -
Courtesy of WardsAuto
Autoline Daily 2024: Top Industry News for Feb. 23
GM's Cruise to restart Robotaxis; VW considering BEV Pickup; Ford Transit BEV more popular with fleets than ICE vans.
Feb. 23, 2024 -
Courtesy of Volkswagen Group
UAW to spend $40M to organize non-union autoworkers and battery plants
More than 10,000 non-union autoworkers have signed cards since the UAW launched a nationwide organizing drive in December.
By Eric Walz • Feb. 23, 2024 -
Courtesy of WardsAuto
Dodge Spot Leads Latest Ranking of Most-Seen Auto TV Ads
Subaru is the most-seen brand in the chart, with two commercials that had a combined 270.3 million TV ad impressions, per iSpot.
By WardsAuto Staff • Feb. 23, 2024 -
Getty Images
TBC’s first chief supply chain officer will help company leverage tech, data
The automotive tire distributor appointed Chris Stearman to manage its end-to-end operations, including manufacturing, distribution and procurement.
By Kelly Stroh • Feb. 23, 2024 -
Courtesy of Mercedes-Benz AG
Mercedes-Benz delays EV goal amid slowing demand
Low-cost EV sales are growing faster than more expensive luxury models, a company executive said.
By Michael Brady • Feb. 23, 2024 -
Courtesy of WardsAuto
Flat Mercedes-Benz 2023 Financials See Sales Slow
Automaker reports premium luxury and LCVs hold up against "challenging" economic and logistics environment and that R&D into ICE technology will continue into 2030s as BEV sales stay weak.
By Paul Myles • Feb. 22, 2024 -
Courtesy of WardsAuto
Rivian and Lucid Post Big Losses, Plan Cuts
Electric vehicle makers Rivian and Lucid post post big losses in 2023. Rivian is forecasting staff cuts, while Lucid is cutting production.
By Joe Szczesny • Feb. 22, 2024 -
Courtesy of WardsAuto
Autoline Daily 2024: Top Industry News for Feb. 22
GM Rushing to Make PHEV Pickups; Rivian To Cut Staff as BEV Demand Slackens; Stellantis and Chinese tech
Feb. 22, 2024 -
Courtesy of WardsAuto
Column
Legacy Automakers Must Invest in Employees, Tech Alike
If auto companies want to succeed, they’re going to have to keep investing – not only in innovative technologies, but also in their employees.
By Casey Sivier • Feb. 22, 2024 -
Courtesy of LG Energy Solution
LG Energy Solution, WesCEF expand lithium supply deal
The partnership will supply the battery maker's North American manufacturing sites and produce more IRA-compliant vehicles.
By Kate Magill • Feb. 22, 2024 -
Courtesy of Rivian Automotive
Rivian to lay off 10% of salaried workforce
A company spokesperson said the hourly manufacturing workers at its plant in Normal, Illinois, would not be affected.
By Michael Brady • Feb. 21, 2024 -
Courtesy of WardsAuto
Autoline Daily 2024: Top Industry News for Feb. 21
Germany Bleeding ICE Jobs; No, Cybertruck Doesn’t Rust; EV Battery Prices Dropping Fast
Feb. 21, 2024 -
Courtesy of Ford Motor Co.
UAW, Ford reach local deal, staving off strike at Kentucky Truck Plant
Local 862 was prepared to strike on Friday if the tentative agreement was not reached.
By Michael Brady • Feb. 21, 2024 -
Courtesy of Stellantis
Stellantis shakes up sales organization in North America
The reshuffle aims to increase the automaker’s focus on business-to-consumer and business-to-business sales.
By Eric Walz • Feb. 21, 2024 -
Courtesy of Clayco
EV battery plant construction booms even as automakers hit the brakes
The U.S. may need 60 billion batteries and 40 large-scale gigafactories to meet EV demand in 2030, one expert said.
By Sebastian Obando • Feb. 21, 2024 -
Courtesy of Fisker Inc.
Fisker stock is at risk of delisting
The EV startup has six months to boost its share price above $1 per share to stay on the New York Stock Exchange.
By Michael Brady • Feb. 20, 2024
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