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Energy Department offers $3.5B for battery manufacturing
The funding from the Bipartisan Infrastructure Law will go towards new, retrofitted and expanded battery and critical mineral production sites.
By Kate Magill • Nov. 16, 2023 -
Michelin to lay off 1,400 employees, end tire production in Oklahoma
The site couldn’t keep up with the evolving automotive market and is set to wind down operations starting next year.
By Sara Samora • Nov. 16, 2023 -
UAW members vote to approve GM labor deal despite opposition
Nearly 55% of autoworkers represented by the United Auto Workers at General Motors voted “yes” to approve the deal, but 13 facilities rejected it.
By Michael Brady • Nov. 16, 2023 -
GM buys gigacasting company with Tesla ties
Tooling & Equipment International worked with Tesla to streamline vehicle manufacturing before General Motors acquired the company.
By Eric Walz • Nov. 16, 2023 -
Autoline Daily 2023: Top Industry News for Nov. 15
Renault’s Ampere Has Bold EV Plans; UAW Labor War Far from Over; GM Acquires Gigacasting Company
Nov. 15, 2023 -
UAW strike had little impact on new car prices, Kelley Blue Book says
Transaction prices rose significantly for some strike-affected brands such as Chevrolet, Chrysler and Dodge, while Ford, Jeep and Ram saw drops as those brands boosted incentives.
By Eric Walz • Nov. 15, 2023 -
Volvo acquires Proterra’s EV battery business
The automaker purchased the electric bus maker's battery segment three months after the startup declared bankruptcy.
By Joelle Anselmo • Nov. 15, 2023 -
Autoline Daily 2023: Top Industry News for Nov. 14
Transplants Raising Wages to Block UAW; Big Supplier Hit by Cyber Attack; Fisker Slashes Its Production Forecast
Nov. 14, 2023 -
Hyundai is raising wages 25% by 2028 for production workers
The pay hikes will impact employees at the automaker’s assembly plant in Alabama and its electric vehicle factory in Georgia, which is under construction.
By Eric Walz • Nov. 14, 2023 -
Stellantis offers buyouts to 6,400 employees after UAW deal
The buyout offers are being sent to more than half of the automaker’s 12,700 salaried employees in the U.S. with at least five years of corporate service.
By Eric Walz • Nov. 14, 2023 -
Autoline Daily 2023: Top Industry News for Nov. 13
More UAW Locals Rejecting New Contract; U.S. EV Sales Up Strong, But Slowing; Volvo’s $100,000 Electric Minivan
Nov. 13, 2023 -
Continental to lay off thousands of automotive employees in restructure
The supplier plans to cut automotive spending by over $400 million annually as it restructures its business amid the transition to electric vehicles.
By Michael Brady • Nov. 13, 2023 -
A U.S. Manufacturing Supercycle Is Coming: Time to Reshore Now
In this GlobalAutoIndustry.com Audio Interview “A U.S. Manufacturing Supercycle Is Coming: Time to Reshore Now” Ron Hesse speaks with Rosemary Coates, Founder and Executive Director of the Reshoring Institute, and President of Blue Silk Consulting.
Nov. 13, 2023 -
Honda raises production worker wages by 11% after Toyota pay bump
The automaker’s decision follows the historic pay raises the United Auto Workers won from the Big Three to end the recent strike.
By Eric Walz • Nov. 13, 2023 -
Autoline Daily 2023: Top Industry News for Nov. 10
Biden Backs UAW’s Unionization Efforts; VW To Offer Sub-$35,000 EV In U.S.; BMW To Offer L3 Autonomous Driving
Nov. 10, 2023 -
EV Sales Are Rising. So Why Are Automakers Nervous?
Slower sales growth, lower prices and growing inventories have spooked carmakers, leading some to reconsider their electric vehicle plans to bolster their finances.
By Michael Brady | Automotive Dive • Nov. 10, 2023 -
Column
Will Direct-to-Consumer Sales Surpass the Franchise Dealer System?
Consumer preferences and inventory costs make it unlikely.
By Tyson Jominy • Nov. 10, 2023 -
Auto Industry Better in Emissions than Many: KPMG
A climate change expert urges "transformational changes...in our consumption and investment behaviors."
By Paul Myles • Nov. 10, 2023 -
Autoline Daily 2023: Top Industry News for Nov. 9
UAW Going to Get “Creative” w/ Transplants & Startups; EU Backing Off Stricter Emissions; U.S. Wants Bigger Chinese Tariffs
Nov. 9, 2023 -
Deep Dive
EV sales are rising. So why are automakers nervous?
Slower sales growth, lower prices and growing inventories have spooked carmakers, leading some to reconsider their electric vehicle plans to bolster their finances.
By Michael Brady • Nov. 9, 2023 -
Autoline Daily 2023: Top Industry News for Nov. 8
AM Radio Mandate Will Cost Automakers Billions; Hyundai to Build e-VTOLs In U.S.; Cruise Recalls 950 Vehicles
Nov. 8, 2023 -
Lucid Group names Marc Winterhoff as first-ever COO
The EV startup named a chief operating officer after reducing its full-year production guidance to adjust to dwindling demand for its Lucid Air sedan.
By Eric Walz • Nov. 8, 2023 -
GM halts production of the Cruise Origin robotaxi
The decision comes after California regulators ordered Cruise to cease operations after a pedestrian was struck by one of its self-driving vehicles in downtown San Francisco.
By Eric Walz • Nov. 8, 2023 -
Installing AM radio in EVs could cost automakers $3.8B
The costs stem from mitigating electromagnetic interference caused by electric vehicle propulsion systems, a Center for Automotive Research report says.
By Michael Brady • Nov. 8, 2023 -
Autoline Daily 2023: Top Industry News for Nov. 7
Ram Drops V8 for 6-Cylinder; Battery Material Prices Will Keep Falling; Pickups Need Better Rear Seat Protection
Nov. 7, 2023