Automakers: Page 2
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Lucid Group names Marc Winterhoff as first-ever COO
The EV startup named a chief operating officer after reducing its full-year production guidance to adjust to dwindling demand for its Lucid Air sedan.
By Eric Walz • Nov. 8, 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 -
Installing AM radio in EVs could cost automakers $3.8B
The costs stem from mitigating electromagnetic interference caused by electric vehicle propulsion systems, a Center for Automotive Research report says.
By Michael Brady • 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 -
Fisker CTO resigns, automaker names David King successor
He will lead the automaker’s engineering and software teams.
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 -
Mercedes-Benz installing EV chargers at 55 shopping malls
The automaker will host vehicle launches, install displays and outdoor advertising, and do test drives at Simon Property Group’s high-traffic retail locations.
By Eric Walz • 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 -
Hyundai reorganizes design units and names new chief design officer
Hyundai, Kia and Genesis will retain separate design leadership to ensure product differentiation among the brands.
By Eric Walz • Nov. 2, 2023 -
Toyota Motor North America raises autoworkers’ wages 9%
The automaker also reportedly shortened the time required to earn top pay from eight to four years.
By Michael Brady • Nov. 2, 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 -
Tesla wins lawsuit over deadly Autopilot crash
A jury found the system had no manufacturing defect but did not consider whether it had a design defect.
By Michael Brady • Nov. 1, 2023 -
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 -
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 -
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 -
GM, UAW reach tentative deal that would end the strike for the Detroit Three
The deal comes after the UAW expanded the strike to General Motors’ Spring Hill Manufacturing plant and Stellantis reached a tentative agreement with the union over the weekend.
By Eric Walz , Michael Brady • Oct. 30, 2023 -
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 -
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 -
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 -
Ford lost $1.3B due to the UAW strike, zapping its Q3 profits
The strike canceled the production of 80,000 vehicles and cost Ford $850 to $900 per vehicle.
By Eric Walz • Oct. 27, 2023 -
Cruise recalls driverless robotaxis after halting operations in 3 cities
The General Motors subsidiary is grappling with two federal investigations and a recent incident in which one of its cars left a pedestrian seriously injured.
By Dan Zukowski • Updated Nov. 8, 2023 -
Ford delays construction on second Kentucky battery plant
The automaker is also delaying $12 billion in electric vehicle investments a month after it paused construction on its Michigan EV factory.
By Kate Magill • Oct. 27, 2023 -
Stellantis invests $1.6B in China-based EV startup Leapmotor
The investment gives Stellantis a 20% stake in the electric vehicle maker and provides access to the world’s largest EV and hybrid market, which nearly doubled in size last year.
By Eric Walz • Oct. 27, 2023 -
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 Eric Walz • Oct. 26, 2023