Automakers
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Ford eases dealer requirements to sell EVs after pushback
Dealers complained about the financial commitment of the automaker’s Model e EV program, which could be as high as $1.2 million.
By Eric Walz • Nov. 22, 2023 -
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 -
GM tightens control over EV delivery startup BrightDrop
The move brings all of GM’s commercial digital solutions, including BrightDrop Core, into its commercial product and business services unit GM Envolve.
By Eric Walz • 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 -
Toyota’s financial arm to pay $60M for illegal lending, credit reporting misconduct
The Consumer Financial Protection Bureau said Toyota Motor Credit Corporation withheld refunds, refunded incorrect amounts and provided false data to consumer reporting companies.
By Michael Brady • Nov. 20, 2023 -
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 Eric Walz • 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 -
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.
By Lindsey Wilkinson • Nov. 17, 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 -
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.
By Eric Walz • Nov. 17, 2023 -
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 -
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 -
Buc-ee’s joins Mercedes-Benz EV charging network
The initial rollout will include chargers at 30 of the retailer’s travel centers by the end of 2024.
By Brett Dworski • Nov. 15, 2023 -
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.
By Eric Walz • Nov. 15, 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 -
Pickups, vans and SUVs with tall hoods 45% more likely to kill pedestrians
The average U.S. passenger vehicle is about eight inches taller and 1,000 pounds heavier than it was 30 years ago, an Insurance Institute for Highway Safety study says.
By Michael Brady • 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 -
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.
By Eric Walz • Nov. 14, 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 -
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 Eric Walz • Nov. 10, 2023 -
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.
By Michael Brady • Nov. 10, 2023 -
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.
By Bryan Wassel • Nov. 9, 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