Hyundai supplier to invest $114M in expanding Alabama operations

The project will add a new production building at Shinhwa Auto USA's Auburn site and expand the driveshaft manufacturer's die-casting operations.

By Sara Samora • Aug. 22, 2023

Offering power seats with memory can boost automakers’ customer satisfaction: JD Power

Mass-market brands lag behind premium brands when it comes to memory seat technology.

By Eric Walz • Aug. 21, 2023

Automakers warn automatic emergency braking requirements could cause crashes

Hyundai, Mitsubishi and Porsche said the National Highway Traffic Safety Administration’s proposed rule could lead to false alarms and avoidable collisions.

By Michael Brady • Aug. 21, 2023

Continental, AWS aim to accelerate automotive software development with virtual tools

The auto supplier and Amazon Web Services said the virtual Electronic Control Unit Creator could reduce development time by up to 12 months.

By Eric Walz • Aug. 18, 2023

Ford, SK On, EcoProBM partner on Canada EV battery facility

The nearly $1 billion factory in Québec will produce cathode materials for the automaker and help shorten its North American supply chain.

By Kate Magill • Aug. 18, 2023

Stellantis invests $100M in world’s largest geothermal lithium mining project

Lithium mining company Controlled Thermal Resources developed a more environmentally friendly process to extract lithium from geothermal brine.

By Eric Walz • Aug. 17, 2023

GM leads $60M investment in Mitra Chem to develop low-cost EV batteries

Mitra Chem says its technology can reduce electric vehicle battery development times by 90%.

By Eric Walz • Updated Aug. 21, 2023

Is Tesla’s ‘Master of Coin’ the CFO white whale?

Zachary Kirkhorn’s sudden exit from the EV maker has sparked questions around what a second act might look like for a 38-year-old ex-CFO with a net worth of $590 million.

By Maura Webber Sadovi • Aug. 16, 2023

Ford to preinstall hands-free highway driving hardware on 500,000 vehicles by 2024

The automaker is offering customers a 90-day free trial of BlueCruise, with the option to buy an annual or monthly subscription.

By Eric Walz • Aug. 16, 2023

Tesla launches lower-priced Model S, X versions

The automaker has cut electric vehicle prices multiple times since last year, but CEO Elon Musk said in July that the company would sacrifice its margins to drive volume growth.

By Eric Walz • Aug. 16, 2023

Ford hires Apple vet to lead new software services group

Peter Stern will lead Ford Integrated Services, which aims to expand offerings related to the automaker’s BlueCruise hands-free driving system.

By Michael Brady • Aug. 15, 2023

President Biden urges Big Three, UAW to reach a deal to avoid strike

The White House released a statement asking both sides to find common ground before the United Auto Workers contract expires next month.

By Eric Walz • Aug. 15, 2023

Tesla slashes Model Y prices in China

The price cuts follow a 31% drop in July sales amid growing competition.

By Eric Walz • Aug. 14, 2023

Automotive data privacy under scrutiny in California

The California Privacy Protection Agency is examining how automakers handle data collected from internet-connected vehicles.

By Michael Brady • Aug. 14, 2023

Mitsubishi Motors Europe, Vinturas partner on blockchain-powered supply chain

The automaker will use blockchain technology from Vinturas to precisely track the movement of newly built vehicles from its factories to consumers.

By Eric Walz • Aug. 11, 2023

Hyundai Mobis to supply Volkswagen with EV battery system assemblies

Volkswagen’s next-generation electric vehicle platform will include the components, which will be built at a factory in Spain.

By Eric Walz • Aug. 10, 2023

Honda’s US sales spur 78% leap in Q1 profits as supply chain disruptions ease

The carmaker delivered nearly 45% more vehicles in the United States from April to June but saw sales declines in China.

By Eric Walz • Aug. 10, 2023

Tesla enhances auto parts distribution with New York facility

The facility will serve as a hub for Tesla's East Coast vehicle parts distribution starting in October.

By Alejandra Salgado • Aug. 9, 2023

Stellantis launches ‘bproauto’ private-label parts brand in North America

The automaker’s second-line brand of aftermarket parts will cost less than original Mopar parts and will include components made for vehicles from other automakers.

By Eric Walz • Aug. 9, 2023

Rivian boosts production by 50% in Q2

Electric vehicle deliveries grew by 50% while gross profit per vehicle improved by roughly $35,000 as the company increased cost efficiencies across all major categories.

By Eric Walz • Aug. 9, 2023

GM’s future Ultium-based EVs will support vehicle-to-home charging

The bidirectional charging technology uses a GM vehicle’s battery as a backup power source in the event of a power outage.

By Eric Walz • Aug. 8, 2023

Hyundai, Kia invest $50M in semiconductor startup Tenstorrent

The automaker plans to use Tenstorrent’s technology to jointly develop AI chiplets and optimized semiconductors.

By Eric Walz • Aug. 8, 2023

Toyota shakes up data, software leadership as it revamps EV plans

The automaker promoted Christopher Yang to president and CEO of Toyota Connected North America.

By Michael Brady • Aug. 7, 2023

Tesla CFO resigns after 13 years at the company

The automaker’s chief accounting officer, Vaibhav Taneja, took over on Aug. 4, replacing Zachary Kirkhorn. 

By Eric Walz • Aug. 7, 2023

General Motors, EVgo charging network hits 1,000th charger milestone

“The availability of fast charging infrastructure is key to widespread EV adoption," said EVgo's CEO.

By Dan Zukowski • Aug. 7, 2023