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Fisker Facing Financial Fire Again, Talks To Nissan

Fisker Inc. has become a penny stock, and the company is burning cash and reaching out for new capital to Nissan.

By David Kiley • March 1, 2024

Porsche names new head of North America customer experience

Christine Russell Fleischer, who was most recently at Infiniti, will take over as VP of customer experience and will report to CEO Timo Resch.

By Kristen Doerer • March 1, 2024

Explore the Trendline➔

Automotive Manufacturing

Production strategies are changing rapidly as tariffs and shifts in consumer buying patterns affect the industry.

By WardsAuto staff

AV startup Motional to cut non-technical staff by 5%

It’s the latest autonomous vehicle company, including Cruise, to face financial challenges as the technology comes under increasing scrutiny.

By Eric Walz • March 1, 2024

Fisker seeks deal with major automaker as survival is in question

The automaker also plans to streamline operations and slash its staff by 15% after losing $464 million in Q4.

By Michael Brady • March 1, 2024

Autoline Daily 2024: Top Industry News for Feb. 29

Automakers Say 2035 ICE Ban Won’t Work; Boston Installing Curbside Charging; BYD Mexico Plant Won’t Export to the U.S.

Feb. 29, 2024

Consumer confidence falls, breaking three-month rising streak

Spending by consumers is showing signs of sputtering after propelling better-than-expected economic growth last year.

By Jim Tyson • Feb. 29, 2024

Biden administration scrutinizes China’s links to connected vehicle supply chains

The Commerce Department is exploring whether to regulate transactions with China-linked firms supplying automakers with goods, technology or services for their connected cars.

By Edwin Lopez • Feb. 29, 2024

Autoline Daily 2024: Top Industry News for Feb. 28

UAW Says Mercedes Workers Want a Union; Apple Kills EV Program; Huawei Claims 1 Km/Second EV Charging

Feb. 28, 2024

Ayvens to buy up to 500,000 Stellantis vehicles

Deliveries are expected to begin in the first half of 2024.

By Eric Walz • Feb. 28, 2024

Nikola close to naming next CFO

CEO Steve Girsky has been serving as interim finance chief following Anastasiya “Stasy” Pasterick’s departure.

By David Taube • Feb. 28, 2024

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

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

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

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

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

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

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

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

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

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

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

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

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

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