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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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
Autoline Daily 2024: Top Industry News for Feb. 20
2024 U.S. EV Sales Could Grow 43%; China Price War Spreads To ICE; U.S Vehicles Biggest Ever, Also Lowest CO2
Feb. 20, 2024 -
Ionna appoints former chief engineer of Electrify America as CEO
The company, which received regulatory approval this month to begin operations, plans to install a minimum of 30,000 EV chargers in North America.
By Eric Walz • Feb. 20, 2024 -
DuPont Claims Breakthrough in BEV Battery Management
New cooling resin developed to aid cooling for longer-range, higher-performing battery packs.
By Paul Myles • Feb. 20, 2024 -
Autoline Daily 2024: Top Industry News for Feb. 16
Ford Won’t Create Any New UAW Jobs; Tavares Says Stellantis EVs Already Profitable; What If We Don’t Need A Hydrogen Infrastructure?
Feb. 16, 2024 -
United Auto Workers. (2023). "UAW President Shawn Fain Livestream Update 10/6/23" [Video screenshot]. Retrieved from YouTube.
Nearly 9,000 UAW members could strike at Ford’s Kentucky Truck Plant
The autoworkers want Ford to address health and safety issues, “as well as Ford’s continued attempts to erode the skilled trades” at the plant, the union said.
By Michael Brady • Feb. 16, 2024 -
Continental to ‘streamline’ R&D staff amid corporate overhaul
The automotive supplier also plans to develop new technologies for software-defined vehicles.
By Michael Brady • Feb. 16, 2024 -
Autoline Daily 2024: Top Industry News for Feb. 15
BorgWarner Gets Rights to Build BYD’s Blade Battery; U.S. Impounds VW’s Luxury Cars; Ford Thinks Chinese Prepping to Enter the U.S.
Feb. 15, 2024 -
Stellantis to produce EV drive modules in Hungary
The modules, which combine an electric motor, reduction gearset and inverter into a single unit, should begin production in late 2026.
By Eric Walz • Feb. 15, 2024 -
BMW ‘Walken’ Away With Most-Liked Super Bowl TV Ad
“Talkin Like Walken” ranked No.1 for likeability across all Super Bowl spots, not just within the auto industry.
By WardsAuto Staff • Feb. 15, 2024 -
Panasonic, Novonix sign synthetic graphite supply deal
The deal will help the battery maker as it opens its Kansas factory, which is expected to supply automakers like Tesla and Mazda.
By Kate Magill • Feb. 15, 2024 -
Rivian names former Meta, Amazon exec as marketing head
The move comes weeks before Rivian launches the R2, the automaker’s smaller, more affordable electric crossover.
By Michael Brady • Feb. 14, 2024 -
Autoline Daily 2024: Top Industry News for Feb. 14
Sony & Honda To Launch 3 Models By 2030; BYD To Build Plant in Mexico; Forvia Replaces Fuse Box w/ Electronic Controls
Feb. 14, 2024 -
GM’s Cruise unit names safety leader amid federal investigations
Steve Kenner will help the company improve safety and reestablish trust with regulators, government officials and the public.
By Michael Brady • Feb. 14, 2024