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Faraday Future raises $90M despite production issues

Investors also agreed to move up a previous commitment to invest $15 million in the company.

By Michael Brady • July 5, 2023

Growing shared mobility use likely to disrupt private car ownership, urban transportation

The move from vehicle ownership to shared mobility will test the auto industry, which is experimenting with other revenue streams such as subscriptions.

By Dan Zukowski • July 5, 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

How Manufacturers Can Create an Inventory Attack Team

Bringing together people, processes and technology drives lasting results.

By Richard Lebovitz • July 3, 2023

Autoline Daily 2023: Top Industry News for June 30

Porsche Says No to Tesla’s NACS; Ford’s Farley Shoots Back at UAW; GM Makes Military Version of Hummer EV

June 30, 2023

Auto Industry Coalition Takes Aim at EPA Emissions Targets

The air-quality standards proposed by EPA amount to mandating electrified vehicles, making them more expensive and reducing consumer choice, the Alliance for Automotive Innovation claims.

By Joseph Szczesny • June 30, 2023

US new car sales to reach 15M vehicles in 2023: Cox Automotive

Higher new-vehicle inventory levels have helped to boost sales, with June up 70% year-over-year.

By Eric Walz • June 30, 2023

How Dealers Can Use Personalized Customer Data to Boost Satisfaction, Sales

Manufacturers and dealers pool customer intelligence to better pinpoint buyers’ needs.

By Alysha Webb • June 30, 2023

Energy Department to release $2B in EV manufacturing grants

The grant program will prioritize retooling plants that face closure and help automakers tackle the cost of electric vehicle production.

By Megan Ruggles • June 30, 2023

Autoline Daily 2023: Top Industry News for June 29

Ford Cut 1,000 More Jobs; VW Overestimated EV Demand; Public Charging Needs a Lot More Investment

June 29, 2023

Lordstown Motors receives Nasdaq delisting notice after filing for bankruptcy

Trading for the electric truck startup’s stock will be suspended July 7.

By Eric Walz • June 29, 2023

Audi names new CEO

Gernot Döllner will replace Markus Duesmann, effective Sept. 1.

By Michael Brady • June 29, 2023

BMW breaks ground on $700M South Carolina battery assembly plant

The factory is part of the German automaker’s $1.7 billion investment to produce fully electric vehicles.

By Sara Samora • June 29, 2023

Nissan won’t replace COO, paving the way for Renault EV investment

The Japanese automaker said other leaders would collectively take over the outgoing executive's responsibilities.

By Michael Brady • June 29, 2023

Autoline Daily 2023: Top Industry News for June 28

SAE To Standardize Tesla’s NACS; GAC Develops Ammonia Engine; Car Brand Loyalty Down, But Not Tesla

June 28, 2023

Adapting to the Next Digital Sales Revolution

Outdated internet sales processes that focus on data capture and old-fashioned lead generation tools no longer meet consumer expectations, resulting in disengagement from prospective buyers.

By Bob Lanham • June 28, 2023

Autoline Daily 2023: Top Industry News for June 27

Lordstown Goes Bankrupt; Tesla Should Start Its Own Finco; Chinese Could Clobber Legacy OEMs

June 27, 2023

Lordstown Motors files for bankruptcy, sues investor Foxconn

In November 2019, Lordstown Motors secured a $40 million loan from General Motors to purchase GM’s shuttered 6.2-million-square-foot Ohio assembly plant to build the electric Endurance pickup.

By Eric Walz • June 27, 2023

BlackBerry Adds Upstream Security to IVY Ecosystem

The deal with Upstream Security brings a layer of cybersecurity to BlackBerry’s new middleware platform that is designed to help ease the transition for OEMs to the software-defined vehicle.

By David Zoia • June 27, 2023

New vehicle sales continue to climb but economy could slow the auto industry’s recovery: J.D. Power

Higher interest rates and worsening economic conditions have the potential to dampen sales growth, yet strong demand for new vehicles should continue to benefit the automotive industry, one analyst said.

By Michael Brady • June 27, 2023

GM signs deal with Australian company for key battery materials

The automaker will contribute an $85 million loan toward a new manganese sulfate plant.

By Ben Unglesbee • June 27, 2023

Autoline Daily: Top Industry News for June 26 update from June 2023

Aston To Use Lucid Tech; Toyota To Build Its Own In-House Gigapresses; Fiat Ditches Gray Car Colors

June 26, 2023

Supporting Automotive in Its Pursuit of Sustainability Goals

The entire value chain is working toward a future where every vehicle can be taken apart at the end of its life, processed and brought back into production as a new vehicle.

By John Punches • June 26, 2023

Hyundai’s Georgia supplier network expands to 9 manufacturers

State officials expect more contract manufacturers to announce sites. The automaker is currently investing $5.5 billion in a Georgia-based EV manufacturing campus.

By Sara Samora • June 26, 2023

Autoline Daily 2023: Top Industry News for June 23

Uh-Oh, There’s Not Enough Lithium; Stellantis Builds Inventory For A Strike; U.S. Car Sales Surprisingly Strong

June 23, 2023

Ford, SK On secure up to $9.2B in loans from DOE

The loan will help finance construction of the companies’ three joint venture battery plants. 

By Megan Ruggles • June 23, 2023