Automakers: Page 6
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GM to lay off 1,000 from its software and services unit
The job cuts impact around 600 salaried employees at the automaker’s Warren Tech Center in Michigan and another 400 globally.
By Eric Walz • Aug. 20, 2024 -
UAW threatens Stellantis with nationwide strike
The labor union said “tens of thousands” of workers are ready to file grievances over the company’s failure to keep product and investment commitments.
By Haley Cawthon • Aug. 20, 2024 -
Uber and BYD partner to introduce more EVs to global markets
The project aims to add 100,000 EVs to the ride-hailing platform.
By Kalena Thomhave • Aug. 19, 2024 -
GM CEO Mary Barra: China market is a ‘race to the bottom’
The automaker reported a $104 million loss in the market during Q2 as deliveries continue to fall.
By Haley Cawthon • Aug. 16, 2024 -
ChargePoint unveils its ‘Omni Port’ EV charging solution
The charging adapter works with Tesla and non-Tesla vehicles at the company's public stations.
By Eric Walz • Aug. 15, 2024 -
Texas sues GM for selling customer driving data
The automaker failed to tell buyers it was selling their driving data to help insurers analyze driving behavior, according to a Texas AG lawsuit.
By Justin Bachman • Aug. 15, 2024 -
GM recalls over 21K Cadillac Lyriq EVs
The model’s anti-lock braking system may activate unexpectedly, the National Highway Traffic Safety Administration says.
By Eric Walz • Aug. 15, 2024 -
Telsa set to reveal its robotaxi Oct. 10
CEO Elon Musk said he wanted to make some “important changes” to improve the product, which delayed its previously planned Aug. 8 debut.
By Haley Cawthon • Aug. 14, 2024 -
BMW recalls over 105K vehicles for starter motor problem
The issue stems from overheating due to repeated start attempts, increasing the risk of fire.
By Eric Walz • Aug. 12, 2024 -
Mazda boosts US market share
The automaker credited the growth to sales increases, dealer optimism and expanded production.
By Haley Cawthon • Aug. 12, 2024 -
NHTSA investigating Nissan Rogue for potential steering defect
The safety probe follows an incident of inner tie rod failure on a low mileage 2021 model.
By Eric Walz • Aug. 12, 2024 -
Stellantis plans mass layoffs at Warren Truck Plant
The automaker warned up to 2,450 workers could be affected starting Oct. 8.
By Eric Walz • Aug. 12, 2024 -
GM’s president of North America steps down
Marissa West, former leader of GM Canada, held the position for about eight months.
By Haley Cawthon • Aug. 9, 2024 -
Hyundai, Kia thefts drop over 50%: study
A software update was “extremely effective” at thwarting theft tactics popularized by viral social media videos, per Highway Loss Data Institute research.
By Eric Walz • Aug. 9, 2024 -
Honda posts record-high quarterly profit on strong hybrid sales
Earlier this year, the automaker detailed its efforts to gain a competitive advantage by increasing R&D spending on hybrid vehicles.
By Haley Cawthon • Aug. 8, 2024 -
Rivian already sees tailwinds from VW partnership
CEO RJ Scaringe said the EV maker expects to achieve more favorable pricing from its suppliers as a result of the deal.
By Haley Cawthon • Aug. 7, 2024 -
BMW touts success of humanoid robot pilot at South Carolina plant
The robots were able to insert sheet metal parts into fixtures, which were used to assemble the chassis of a vehicle.
By Eric Walz • Aug. 7, 2024 -
Owner satisfaction with new vehicles rebounds: JD Power
Owners of new EVs made by traditional automakers are more satisfied with their cars than ever, according to a study.
By Kalena Thomhave • Aug. 7, 2024 -
Continental mulls spinoff of its automotive business
The company cited the industry’s software-driven technology transformation as one of the reasons for the potential move.
By Eric Walz • Aug. 6, 2024 -
Mercedes-Benz promotes execs to US leadership
Marcus Herring was appointed VP of sales and product, and Michael Minielly was named director of communications and experience.
By Haley Cawthon • Aug. 5, 2024 -
Nissan, Honda join forces to research vehicle technologies
The two companies believe that software, autonomous driving, connectivity and AI will determine the value of vehicles in the future.
By Eric Walz • Aug. 5, 2024 -
Auto industry’s innovation push brings ‘startup’ capital structure
As automakers juggle EV resource allocation, regulation and macroeconomics, they are operating more like startups, according to the most recent Hackett Working Capital Survey.
By Adam Zaki • Aug. 5, 2024 -
Volkswagen looks to drive down costs as overhead increases
The automaker aims to improve profitability across its brands, while also pushing early retirements and hiring freezes.
By Haley Cawthon • Aug. 2, 2024 -
Toyota sales dropped over 20% in Japan in Q1
But sales gains in the U.S., Europe and Asia helped the automaker post a profitable quarter.
By Eric Walz • Aug. 2, 2024 -
3 things influencing Mercedes-Benz’s strategy in China
CEO Ola Källenius believes more than 90% of BEV makers in the country are burning cash.
By Haley Cawthon • July 31, 2024