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Autoline Daily: Top Industry News for July 27 update from July 2023

A consortium of automakers is opening fast-charging EV stations, Tesla upgrades super-charger.

July 27, 2023

Nissan, Renault overhaul their alliance

The two companies will keep a 15% stake in each other, with Renault Group transferring 28.4% of its Nissan shares to a French trust.

By Michael Brady • July 27, 2023

Explore the Trendline➔

Automotive Manufacturing

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

By WardsAuto staff

‘Parallel Imports’ Keep Russian Automotive Market Afloat

Sometimes referred to as the gray market, parallel imports are vehicles supplied to Russia by countries with which it has maintained economic ties throughout the war with Ukraine, such as China and Turkey.

By Eugene Gerden • July 27, 2023

Fed raises interest rates following June pause

The Federal Open Market Committee raised the main interest rate by a quarter percentage point after a two-day meeting. The move comes as the Fed faces increasing difficulties in its bid to fully quell inflation.

By Grace Noto • July 27, 2023

Autoline Daily: Top Industry News for July 26

VW sales plummet in China; GM's hand-made batteries.

July 26, 2023

VinFast to break ground on first $2B phase of US plant

The facility will be the Vietnam-based startup’s first North American location and the first automotive manufacturing plant in North Carolina.

By Sara Samora • July 26, 2023

GM to bring back Chevrolet Bolt despite earlier plan to discontinue the EV

The automaker also said during its earning call that rising costs, including from its battery joint venture with LG, cut into its margins.

By Eric Walz • July 26, 2023

A more aggressive UAW bargains with the Big Three

The union is demanding an end to tiered wage structures, the reinstatement of cost-of-living allowances and stronger job security amid the shadow of the transition to electric vehicles.

By Kalena Thomhave • July 26, 2023

Autoline Daily 2023: Top Industry News for July 25

GM Still Struggling to Make Ultium EVs; Competition Impacting CATL; Folding Steering Wheel Coming Soon

July 25, 2023

Stellantis, Samsung SDI plan second US gigafactory

The automaker is shoring up battery manufacturing capacity to meet its EV production targets. 

By Megan Ruggles • July 25, 2023

Foxconn to take 50% stake in ZF Group’s passenger vehicle chassis unit

The move is part of Foxconn’s diversification strategy, which includes expanding its automotive business and taking a 5% share of the global EV market by 2025.

By Eric Walz • July 25, 2023

Autoline Daily 2023: Top Industry News for July 24

New Mustang EcoBoost Driving Impressions; Buick Redesigns the Regal in China; Acura Models Going All-Electric

July 24, 2023

Car shoppers like subscriptions more than expected: S&P Global Mobility

Over 80% of survey respondents who experienced a free trial or existing subscription said they would definitely or probably buy subscription-based services for a future vehicle.

By Michael Brady • July 24, 2023

Henkel Introduces Low Volatile Silicone-based Gap Filler for Auto Electronics

Henkel’s BERGQUIST Gap Filler TGF 2900 LVO is a 2-component, low volatile silicone-based gap filler for automotive electronic components – offering high performance and fast processing.

By Henkel • July 24, 2023

Autoline Daily 2023: Top Industry News for July 21

U.S. doubles EV Charging; Software complexity delays Volvo EX90; Audi goes with Chinese EV platform

July 21, 2023

Tesla reports highest ever quarterly revenue of $24.9B in Q2

CEO Elon Musk said the company is also talking with major automakers to license Tesla’s Full Self-Driving autonomous driving technology.

By Eric Walz • July 21, 2023

Ford supplier invests $790M to build 3 Tennessee plants

Magna International will produce key parts for Ford’s second-generation electric truck, and is the first company to join the automaker’s supplier park.

By Sara Samora • July 21, 2023

Chinese AV Tech could Pose Spying Risk, US Warns

Editor's note: This story is part of the WardsAuto digital archive, which may include content that was first published in print, or in different web layouts.Data collection potential of Chinese vehicles fitted with automated driving technology could pose spying risks for western societies.That’s ...

By Paul Myles • July 21, 2023

Autoline Daily 2023: Top Industry News for July 20

Tesla Hits Record Sales & Revenue; Nissan To Make Solid-State Batteries In IC Engine Plant; Stellantis Shrinks EV Charger & Inverter

July 20, 2023

Tony Posawatz named Fermata Energy CEO

The former Fisker Automotive CEO also led the development of the Chevrolet Volt.

By Michael Brady • July 20, 2023

Volkswagen overhauls human rights due diligence in materials supply chain

The automaker has deepened its analysis and taken part in several responsible sourcing initiatives to comply with a new German law targeting abuses in supply chains.

By Ben Unglesbee • July 20, 2023

3 top questions on the future of lithium, cobalt and nickel supply: report

The International Energy Agency is optimistic that the global supply of critical minerals can keep pace with demand but is skeptical about diverse sourcing.

By Kate Magill • July 20, 2023

Autoline Daily: Top Industry News for July 19

An all-new Hyundai Santa Fe; A new battery factory for Jaguar Land Rover in Great Britain; Washing Your car without water.

July 19, 2023

GM names new chief marketing officer

The auto giant scoops Norm de Greve from CVS Health.

By Michael Brady • July 19, 2023

Stellantis revamps its semiconductor strategy to ensure long-term supply

The company wants to avoid supply chain disruptions, which significantly impacted global vehicle production and sales during the pandemic.

By Eric Walz • July 19, 2023