Trump selects Howard Lutnick as commerce secretary

The Cantor Fitzgerland CEO will be responsible for delivering Trump’s promise of a 60% tariff on goods from China.

Lucid opens Gravity orders in bid to reshape SUV market

The company will begin with production of the $94,900 Grand Touring trim, which has a range of over 440 miles.

Honda weighs production pivot ahead of potential tariffs

The automaker is committed to ramping up U.S. electric vehicle production despite the incoming Trump administration's tariff threats, an executive said.

Microporous to build $1.4B Virginia battery separator plant

The company is set to receive up to $100 million in federal funds for the Danville facility.

NHTSA fines Ford $165M for slow response to safety recall

The agency says Ford did not fully comply with a 2020 recall of 620,000 vehicles for a rear backup camera fault.

VW taps new head of manufacturing for Chattanooga factory

Henning Habicht will take over from Chris Glover, who will retire at the end of January after three years in the role. 

Automatic emergency braking is making progress at slow speeds: AAA

The technology helped model year 2024 vehicles avoid 100% of crashes at 35 miles per hour, but work is still needed to improve safety at higher speeds.

NHTSA probes 1.4M Honda vehicles for engine failures

The agency is assessing whether a connecting rod bearing issue was missed in a previous recall. 

Hyundai shakes up C-suite to drive growth

The global company made nine executive moves, including the promotion of presidents and CEOs to lead Hyundai Motor Co. and Kia Corp.

Remote workers say they miss out on promotions — but they don’t want RTO

United Culture noted that employees continue to favor workplace flexibility, highlighting “a disconnect between what leaders and their employees want.”

AV confidence gains traction, but still room for improvement: JD Power

Consumers are concerned about safety as well as their personal data protection when riding in a self-driving vehicle.

GM recalls 462K pickups, SUVs for potential rear wheel lock-up

The transmission control valve is susceptible to excessive wear on the vehicles equipped with diesel engines.

Updated Dec. 3, 2024

The workforce is aging. Here’s how tailored benefit packages can make a difference.

Providing benefits that factor in age and individual needs are key to productivity, according to a report by Bank of America and the Global Council on Aging.

Volkswagen, Rivian launch their $5.8B joint venture

The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, leadership and financial structure.

Average salary increases are sloping downward, survey shows

More companies returned to the “typical” salary increase range of 3% to 3.9% in 2024, Salary.com found.

Stellantis to lay off 400 workers at Detroit material logistics facility

The latest job cuts follow last week’s lay off announcement of 1,100 UAW-represented employees at the automaker’s Toledo South Assembly Plant in Ohio.

Polestar’s US customers gain Tesla Supercharger access

The company’s expanding global charging network also includes 20,000 Supercharger locations in Europe and 200 cities across China.

Rivian locks in 5-year battery deal with LG Energy Solution

The U.S.-based electric vehicle maker’s agreement shores up its domestic supply chain.

Automotive groups react to Donald Trump’s victory

Companies say they are now turning their focus on policies to protect and grow jobs.

Deloitte: Most workers worry future generations won’t have adequate human skills

Training, shadowing and on-the-job opportunities could help close the gap, with many workers saying they want these experiences, Deloitte says.

Rising share of consumers owe more on their cars than they’re worth

At least one in five consumers had negative equity of more than $10,000 in Q3, according to Edmunds research.

Fed cuts rate by quarter point, sees ‘balanced’ risks to inflation, jobs

The reduction in borrowing costs came just two days after Donald Trump won a second term as president, heralding likely economic policy shifts.

Ford recalls 25K F-Series Super Duty pickups over tailgate camera fault

The automaker’s investigation into warranty claims revealed that the camera bracket had not been designed or tested for potential water intrusion before being introduced in series production.  

Nissan plans to cut 9,000 jobs as it slashes global production

CEO Makoto Uchida said the cost-cutting move is in response to weak sales and a 90% drop in operating profit. 

Stellantis to lay off 1,100 at its Toledo South Assembly Plant

The layoffs are effective as early as Jan. 5, 2025. The automaker called it a “necessary action to reduce high inventory levels.”