Manufacturing
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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 Eric Walz • Nov. 22, 2023 -
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 -
Nissan raising wages 10% for 9,000 US production workers
Honda, Hyundai, Subaru and Toyota have also promised to increase pay for nonunion workers since the United Auto Workers struck deals with the Big Three.
By Eric Walz • Nov. 21, 2023 -
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 -
Subaru to raise wages after similar moves by nonunionized automakers
The decision impacts Subaru’s sole U.S. assembly plant in Lafayette, Indiana, which employs over 5,600 workers and currently builds the Ascent, Crosstrek, Legacy and Outback models.
By Eric Walz • Nov. 20, 2023 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
Autoworkers in Canada approve labor agreement with Stellantis
The three-year collective bargaining agreements cover about 8,200 autoworkers, including two assembly plants in Windsor and Brampton, as well as the Etobicoke Casting Plant.
By Michael Brady • Nov. 7, 2023 -
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 -
UAW takes aim at Toyota after historic agreements with the Big Three
The union plans to use its new agreements with the Big Three to court non-unionized autoworkers, including those working for Toyota.
By Eric Walz • Nov. 3, 2023 -
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 -
Murky economy leads manufacturers to cut staff, expectations: PMI
The ISM and S&P Global purchasing managers’ indices both showed manufacturers are making adjustments in light of soft demand.
By Edwin Lopez • Nov. 2, 2023 -
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 -
Stellantis lost $3.2B to UAW strike
The automaker said the strike reduced vehicle shipments by 50,000 units in September and October, which led to the revenue drop.
By Eric Walz • Nov. 1, 2023