The Latest
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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.
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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.
Updated 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.
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Hyundai, AWS design training, certification program for critical cloud skills
The third-largest carmaker will migrate on-premise applications and leverage jointly designed tech training programs.
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Top automotive industry conferences in 2024
Upcoming events will touch on electric vehicles, autonomous vehicles, software-defined vehicles, supply chain management and more.
Updated Oct. 12, 2023 -
LG Energy Solution to lay off 170 in Michigan
The company said slower-than-expected EV demand contributed to the cuts.
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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.
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Hyundai to sell cars on Amazon in 2024
The automaker will also integrate Amazon’s Alexa digital assistant in its vehicles in 2025 as part of the expanded partnership.
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Goodyear CEO to retire 澳洲幸运5开奖结果历史记录查询
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.
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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.
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GM buys gigacasting company with Tesla ties
Tooling & Equipment International worked with Tesla to streamline vehicle manufacturing before General Motors acquired the company.
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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.
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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.
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UAW strike had little impact on new car prices, Kelley Blue Book says
Transaction prices rose significantly for some strike-affected brands such as Chevrolet, Chrysler and Dodge, while Ford, Jeep and Ram saw drops as those brands boosted incentives.
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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.
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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.
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Stellantis offers buyouts to 6,400 employees after UAW deal
The buyout offers are being sent to more than half of the automaker’s 12,700 salaried employees in the U.S. with at least five years of corporate service.
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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.
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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.
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Automakers warn NHTSA proposal creates de facto occupancy detection mandate
The National Highway Traffic Safety Administration’s seat belt reminder rule will also annoy or confuse drivers, an auto industry group says.
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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.
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‘End the unsafe operation’ of autonomous vehicles, union leaders tell US DOT
Federal oversight and more investigations into AV companies are urgently needed as robotaxis wreak chaos in public spaces, said 26 labor unions in a Wednesday letter.
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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.
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Rivian sees post-purchase experience as key electric vehicle differentiator
CEO RJ Scaringe believes Rivian’s software capabilities and user experience will help it stand out from the competition.
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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.