Suppliers: Page 22


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    Courtesy of WardsAuto
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    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.
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    Sara Samora/WardsAuto
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    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
  • Robots in action on the new line at Toyota Kentucky as future Camrys seamlessly roll through the production process. Explore the Trendline
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    Courtesy of Toyota
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    Trendline

    Automotive Manufacturing

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

    By WardsAuto staff
  • United Auto Workers President Shawn Fain speaks to auto workers.
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    Scott Olson/Staff/Getty Images North America via Getty Images
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    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
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    (Photo by Joe Raedle/Getty Images) via Getty Images
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    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.
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    Courtesy of Continental AG
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    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.
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    Courtesy of General Motors
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    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.
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    Adeline Kon/WardsAuto
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    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.
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    Courtesy of Hyundai Motor Group.

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    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
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    Courtesy of WardsAuto
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    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.
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    Retrieved from General Motors on November 06, 2023
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    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
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    Courtesy of WardsAuto
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    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
  • EAM-North-Carolina-facility
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    Courtesy of Epsilon Advanced Materials
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    Epsilon Advanced Materials to build $650M graphite anode facility in North Carolina

    The plant will start producing high-capacity anode materials in 2026 and use green technologies to make enough materials to power 1.10 million electric vehicles by 2030.

    By Joelle Anselmo • Nov. 3, 2023
  • Two silver batteries lying horizontally on the left, with five silver batteries standing up vertically. All have neon blue-green line on them with the red LG Energy Solution logo on them.
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    Courtesy of LG Energy Solution.

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    LG Energy Solution plans to make Arizona a hub for cylindrical battery production

    The company is pivoting its manufacturing strategy in a bid to match U.S. demand.

    By Kate Magill • Nov. 1, 2023
  • United Auto Workers members rally.
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    Getty Images
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    UAW wins big concessions from Big Three. Are foreign automakers next?

    If the United Auto Workers organize nonunion companies like Tesla and Toyota, it would create a more even playing field for General Motors, Ford and Stellantis, one expert said.

    By Kalena Thomhave • Oct. 31, 2023
  • A white building surrounded by dirt and construction.
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    Courtesy of Toyota.

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    Toyota to expand North Carolina EV battery plant with $8B investment

    The latest investment will create nearly 3,000 more jobs and increase capacity to support the automaker’s EV models.

    By Sara Samora • Oct. 31, 2023
  • A Stellantis employee assembles a Chrysler Pacifica Hybrid.
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    Retrieved from Stellantis North America on October 30, 2023
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    Stellantis, Unifor reach tentative agreement, ending autoworkers strike in Canada

    The automaker agreed to largely the same terms as Ford Motor Co. and General Motors, raising base wages 20% for production workers and 25% for skilled trades.

    By Michael Brady • Oct. 30, 2023
  • Ford started resuming production and operations in the United States today. The company has implemented robust safety and care measures globally to help support a safe and healthy environment for the
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    Courtesy of Ford
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    The Ford-UAW deal features $8B in plant upgrades. Here’s where the money’s going.

    The investments will include the introduction of new EV models at four facilities.

    By Kate Magill • Oct. 30, 2023
  • Illustration looking down at a large electric vehicle charging station with several cars parking alongside chargers and a large sign reading "bp pulse gigahub."
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    Permission granted by bp pulse
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    BP buys $100M worth of Tesla chargers

    The deal will add new EV charging stations to the company’s convenience store chains. It’s the first time Tesla’s hardware has been bought for use on an independent charging network, BP said.

    By Jessica Loder • Oct. 30, 2023
  • Fiat Chrysler Automobiles (FCA) Belvidere Assembly Plant
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    Scott Olson via Getty Images
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    UAW ends strike against Stellantis, hits GM with surprise 4,000 worker strike

    The Stellantis deal is similar to the United Auto Workers agreement with Ford Motor Co., raising autoworkers’ base wages 25% over four-and-a-half years.

    By Michael Brady • Oct. 28, 2023
  • UAW President Shawn Fain greets union members at a rally in Chicago, Illinois.
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    Jim Vondruska via Getty Images
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    Ford, UAW reach tentative agreement to end strike

    General Motors and Stellantis autoworkers could also receive significant raises if the union pressures them to meet or exceed Ford’s latest offer to raise top wages by more than 30% over the next four years.

    By Oct. 26, 2023
  • An aerial view of the land on which Umicore will build a battery materials plant in Ontario.
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    Courtesy of Umicore
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    Umicore to build battery materials plant in Ontario

    The company has already secured a supply partnership with BMW for components produced at the facility.

    By Joelle Anselmo • Oct. 24, 2023
  • A 2023 Chevrolet Tahoe driving.
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    Courtesy of General Motors
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    GM assembly plant in Texas shuts down after 5,000 UAW members strike

    The strike at GM’s largest and most profitable plant stopped production of the automaker’s full-size SUVs.

    By Michael Brady • Oct. 24, 2023
  • The American Battery Technology Company facility in McCarran, Nevada, with a parking lot at the front, and a road next to the facility under the sun. Snow-covered mountains are in the background.
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    Courtesy of American Battery Technology Company.

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    American Battery Technology Company opens battery recycling plant

    The Nevada plant will process up to 20,000 tons of battery feedstock annually into materials like copper, aluminum and steel.

    By Joelle Anselmo • Oct. 19, 2023
  • Ford F-Series SuperDuty pickup trucks.
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    Courtesy of Ford Motor Co.
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    Ford temporarily lays off 150 more workers at Sterling Axle Plant

    The automaker blamed the United Auto Workers strike at its Kentucky Truck Plant for the furloughs.

    By Michael Brady • Oct. 19, 2023
  • A gray and jungle green building surrounded by green landscape with ray of a sunrise shining over the area.
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    Courtesy of the BMW Group.

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    BMW secures new battery material supplier in Canada

    A new partnership with Umicore and added South Carolina production are scaling the automaker's EV supply chain strategy.

    By Kate Magill • Oct. 19, 2023