Suppliers: Page 21

  • WardsAuto logo.
    Image attribution tooltip
    Courtesy of WardsAuto
    Image attribution tooltip

    Magna Joins Sweden’s NorthStar 5G Network for ADAS

    Auto supplier and technology company Magna joins Swedish 5G tech partnership NorthStar to test its Advanced Driver Assistance System solutions.

    By Wards Staff • Dec. 5, 2023
  • A general view of GMC Hummer EVs on November 17, 2021 at General Motors' Factory ZERO electric vehicle assembly plant in Detroit, Michigan
    Image attribution tooltip
    Nic Antaya via Getty Images
    Image attribution tooltip

    New IRA guidance limits battery components made in China

    The long-awaited proposed guidelines clarify how the law’s “foreign entity of concern” requirements will impact automakers’ ability to qualify for EV tax credits.

    By Kate Magill • Dec. 1, 2023
  • Robots in action on the new line at Toyota Kentucky as future Camrys seamlessly roll through the production process. Explore the Trendline➔
    Image attribution tooltip
    Courtesy of Toyota
    Image attribution tooltip
    Trendline

    Automotive Manufacturing

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

    By WardsAuto staff
  • Cargo is being loaded onto a 777 freighter aircraft
    Image attribution tooltip
    Courtesy of DB Schenker
    Image attribution tooltip

    Auto industry eyes air freight to trim backlogs post-UAW strike

    Suppliers and OEMs are prioritizing shipping speed and reliability to aid their supply chain recovery, industry experts say.

    By Kelly Stroh • Nov. 30, 2023
  • The Denso logo and booth with desks and prototypes at the North American International Auto Show
    Image attribution tooltip
    Bill Pugliano via Getty Images
    Image attribution tooltip

    Toyota to sell $4.7B stake in Denso by year-end: Reuters

    The sale would help free up funds for the automaker to further invest in electric vehicle development.

    By • Nov. 29, 2023
  • Stellantis employees assembling doors.
    Image attribution tooltip
    Retrieved from Stellantis on October 18, 2023
    Image attribution tooltip

    UAW strikes: What’s next for auto supply chains after labor deals?

    As automakers ramp up production efforts, labor challenges and geopolitical risks may continue to plague operations, according to industry experts.

    By Kelly Stroh • Nov. 28, 2023
  • Northvolt engineers inspect a sodium ion battery sample.
    Image attribution tooltip
    Courtesy of Northvolt
    Image attribution tooltip

    Northvolt develops an advanced sodium-ion battery

    The battery, which does not contain rare earth materials, was validated to have an energy density of over 160 watt-hours per kilogram.

    By • Nov. 27, 2023
  • A white building with grass and a road in front of it, and a gray ZF sign on the right.
    Image attribution tooltip

    Courtesy of ZF Group.

    Image attribution tooltip

    BMW supplier plans $500M South Carolina facility expansion

    ZF Group's investment will upgrade the transmission plant's equipment to keep pace with automakers' EV plans.

    By Sara Samora • Nov. 27, 2023
  • Two employees at Redwood Materials disassemble batteries for recycling.
    Image attribution tooltip
    Courtesy of Redwood Materials
    Image attribution tooltip

    Toyota to source recycled EV battery materials from Redwood Materials

    The automaker will use recycled materials to produce batteries at its forthcoming North Carolina EV battery manufacturing plant.

    By • Nov. 22, 2023
  • A silver EV battery module being assembled.
    Image attribution tooltip

    Courtesy of Ford.

    Image attribution tooltip

    Ford resumes Michigan EV battery plant construction — but scaled down

    The slow adoption of EVs made the automaker reevaluate its investments, a Ford spokesperson said.

    By Sara Samora • Nov. 21, 2023
  • An LG Energy Solution site.
    Image attribution tooltip
    Courtesy of LG Energy Solution
    Image attribution tooltip

    LG Energy Solution to lay off 170 in Michigan

    The company said slower-than-expected EV demand contributed to the cuts.

    By Kate Magill • Nov. 20, 2023
  • An autonomous Chevy bolt EV operated by Cruise in San Francisco.
    Image attribution tooltip
    Courtesy of Cruise LLC
    Image attribution tooltip

    Cruise CEO resigns amid safety probes into company’s robotaxis

    The company’s robotaxi fleet remains grounded in California after one of the vehicles struck a pedestrian in downtown San Francisco in early October.

    By • Nov. 20, 2023
  • United Auto Workers President Shawn Fain at the Stellantis Sterling Heights Assembly Plant in Michigan.
    Image attribution tooltip
    Bill Pugliano/Stringer/Getty Images North America via Getty Images
    Image attribution tooltip

    UAW ratifies labor agreements with Ford, Stellantis

    The United Auto Workers union says 64% of voting members across General Motors, Ford and Stellantis approved the landmark labor agreements.

    By Michael Brady • Updated Nov. 20, 2023
  • The Goodyear Blimp flying.
    Image attribution tooltip
    Courtesy of Goodyear
    Image attribution tooltip

    Goodyear CEO to retire as tiremaker overhauls corporate strategy

    The company’s transformation plan includes exploring strategic alternatives for its Dunlop brand and chemical and off-road tire businesses, which it hopes will raise over $2 billion in gross proceeds.

    By Michael Brady • Nov. 17, 2023
  • A photo of an EVPoint EV charging station.
    Image attribution tooltip
    Courtesy of EG Group
    Image attribution tooltip

    EG Group buys Tesla hardware for European charging network

    This is the second time Tesla has sold its ultra-fast EV chargers to the convenience store industry. The automaker struck a deal with BP in October.

    By Jessica Loder • Nov. 17, 2023
  • WardsAuto logo.
    Image attribution tooltip
    Courtesy of WardsAuto
    Image attribution tooltip
    Column

    How Suppliers Can Manage Risk

    Suppliers need to be nimble enough to adapt their operations to be well-prepared for changes in OEM demand.

    By Steve Savoy and Ryan Gross • Nov. 16, 2023
  • A Michelin tire on a blue car.
    Image attribution tooltip
    Sara Samora/WardsAuto
    Image attribution tooltip

    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
  • United Auto Workers President Shawn Fain speaks to auto workers.
    Image attribution tooltip
    Scott Olson/Staff/Getty Images North America via Getty Images
    Image attribution tooltip

    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
  • volvo-logo
    Image attribution tooltip
    (Photo by Joe Raedle/Getty Images) via Getty Images
    Image attribution tooltip

    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
  • A Continental branded tire.
    Image attribution tooltip
    Courtesy of Continental AG
    Image attribution tooltip

    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
  • The components of a GM permanent magnet EV motor.
    Image attribution tooltip
    Courtesy of General Motors
    Image attribution tooltip

    GM, Stellantis VC arms invest in rare earth-free magnet company

    Niron Magnetics’ technology is more environmentally friendly and could reduce automakers’ dependence on China.

    By • Nov. 10, 2023
  • An illustration of utility-scale battery storage.
    Image attribution tooltip
    Adeline Kon/WardsAuto
    Image attribution tooltip

    Redwood Materials to recycle 4.6 MWh first-generation battery system from Hawaii substation

    The successful decommissioning could serve as an industry model for future, gigawatt-scale projects, according to the company.

    By Kavya Balaraman • Nov. 8, 2023
  • Light gray car seats and arm rest inside a car.
    Image attribution tooltip

    Courtesy of Hyundai Motor Group.

    Image attribution tooltip

    Hyundai’s EV manufacturing campus draws 3 more suppliers to Georgia

    The latest auto parts manufacturing investments will help supply the automaker with armrests, headrests, chassis and body parts, and seat frames for electric vehicles.

    By Sara Samora • Nov. 7, 2023
  • WardsAuto logo.
    Image attribution tooltip
    Courtesy of WardsAuto
    Image attribution tooltip

    Continental Backs Digital Factory for Auto Parts Production

    A consortium of German experts hope improved efficiency and flexibility will come from digitalized production processes.

    By • Nov. 6, 2023
  • Employees assemble Chevrolet Bolt EUVs.
    Image attribution tooltip
    Retrieved from General Motors on November 06, 2023
    Image attribution tooltip

    GM to invest another $2B in EVs under UAW deal

    The additional funds are part of the automaker’s plans to invest more than $13 billion in electric and internal combustion vehicle production in the U.S.

    By Michael Brady • Nov. 6, 2023
  • WardsAuto logo.
    Image attribution tooltip
    Courtesy of WardsAuto
    Image attribution tooltip

    OEMs Will Target Tool and Die Suppliers to Offset Higher Costs

    OEMs will likely try to offset higher labor costs with cuts in tooling and die making, according to manufacturing and production expert Laurie Harbour.

    By Joseph Szczesny • Nov. 3, 2023