Automakers: Page 12
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UAW president warns Ford, GM, Stellantis that it’s ‘time to pay up’
More than 140,000 workers could strike this fall when the union’s contracts with the automakers expire on Sept. 14.
By Michael Brady • June 20, 2023 -
Nissan COO Ashwani Gupta to step down
Gupta was responsible for executing the automaker’s Next transformation plan, which included targets of electrifying 40% of its U.S. model lineup by 2026 and boosting global production capacity by 20%.
By Eric Walz • June 16, 2023 -
Mercedes-Benz testing AI-powered ChatGPT with customers
More than 900,000 vehicles in the U.S. are eligible for the optional beta test, which will last three months.
By Michael Brady • June 16, 2023 -
Ford and GM execs have lingering questions about the Inflation Reduction Act
Automakers are anxiously awaiting further federal guidance on how to ensure their vehicles qualify for EV consumer tax credits.
By Kate Magill • June 16, 2023 -
Mercedes-Benz to use 200,000 tons of reduced CO2 steel annually
By 2030, the automaker aims to slash average carbon dioxide emissions per passenger car by half compared with 2020 as part of its long-term plan to make its new vehicle fleet carbon-neutral.
By Eric Walz • June 15, 2023 -
Will Stellantis use Tesla’s EV charging standard? It’s thinking about it.
The automaker is evaluating whether to adopt the North American Charging Standard after Ford and General Motors struck deals with Tesla to use its Supercharger network.
By Michael Brady • June 15, 2023 -
Toyota revamps its EV strategy as competition and government mandates mount
The automaker’s plans include developing solid-state, lithium-ion batteries for future electric vehicles with driving ranges over 600 miles.
By Eric Walz • June 14, 2023 -
Global EV sales to reach 700M units by 2040: BloombergNEF
The report predicts that total electric vehicle sales across all segments could reach a cumulative $8.8 trillion by 2030.
By Eric Walz • June 14, 2023 -
GM signs steel deal with ArcelorMittal North America
The steelmaker will supply General Motors with material containing at least 70% scrap.
By Kate Magill • June 14, 2023 -
Ford opens its $2B electric vehicle factory in Cologne, Germany
Ford converted the 90-year-old factory to produce its next-generation EVs for the European market, including an electric version of the popular Explorer SUV.
By Eric Walz • June 13, 2023 -
GM, Samsung SDI to build $3B battery cell plant in Indiana
With the latest investment, the automaker will spend over $4 billion to expand its operations in the state.
By Sara Samora • June 13, 2023 -
California approves Mercedes-Benz Level 3 autonomous driving system for public roads
Drive Pilot, which will be available on the 2024 S-Class and EQS sedans, allows drivers to read a book or check email at speeds under 40 mph.
By Eric Walz • June 12, 2023 -
Toyota to invest $50M in new Michigan battery lab
The facility, expected to open in 2025, will evaluate batteries for the automaker’s electric and hybrid vehicles sold in North America.
By Eric Walz • June 12, 2023 -
Ford appoints former GM and Whirlpool exec as its chief supply chain officer
Liz Door joins the automaker as it focuses on improving quality and reducing costs through its supply chain as part of its Ford+ plan.
By Eric Walz • June 8, 2023 -
Stellantis forms joint venture for end-of-life vehicle recycling
The company will partner with Belgium-based recycling company Galloo to recover used vehicles and components from automakers for reuse, recycling and remanufacturing.
By Eric Walz • June 7, 2023 -
GM invests over $1B to boost EV battery production
The automaker and its joint venture partner POSCO Future M want to increase the production of cathode active material.
By Eric Walz • June 6, 2023 -
Toyota to launch its first US-assembled battery-electric SUV
To help with production, the automaker will invest another $2.1 billion in its North Carolina EV battery factory.
By Eric Walz • June 1, 2023 -
Ford to grow mobile service fleet by nearly 1,000 vehicles
The expansion could help the maker of the Escape better compete against Tesla as mobile service bookings rise across the industry.
By Eric Walz • May 31, 2023 -
Stellantis inks development deal with lithium-sulfur battery maker
Lyten and the EV maker aim to bring the batteries to market by the second half of the decade.
By Kate Magill • May 31, 2023 -
LG Energy Solution, Hyundai to build $4.3B joint battery cell plant in Georgia
The two South Korea-based companies will locate the facility near Hyundai’s upcoming EV campus.
By Sara Samora • May 30, 2023 -
Mercedes-Benz names new CMO as auto transformation race heats up
Melody Lee previously worked at rival Cadillac, where she overhauled the brand’s identity and helped launch a luxury vehicle subscription service.
By Peter Adams • May 19, 2023 -
Mercedes-Benz partners with NavVis on digital twins of factories
The collaboration will allow the automaker to simulate new site layouts and production line changes.
By Kate Magill • May 9, 2023 -
GM, Samsung SDI partner on $3B battery factory
The new site comes amid the automaker's plans to double EV production in the second half of the year, up to 100,000 vehicles made in North America.
By Kate Magill • April 26, 2023 -
Tesla says lack of lithium refining capacity will become EV production ‘choke point’
The EV maker is expanding its lithium production in the U.S. and calling on other companies to do so, too.
By Kate Magill • April 24, 2023 -
Departing Ahold Delhaize CFO to join automaker Stellantis
Natalie Knight will become executive vice president and CFO of the multinational vehicle manufacturer when she leaves the Dutch grocery company this summer.
By Sam Silverstein • April 20, 2023