The Latest
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Volvo Cars deputy CEO steps down
The automaker announced several leadership changes as it attempts to navigate geopolitical and macroeconomic uncertainties.
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GM Energy launches ‘PowerBank’ home energy storage unit for EVs
Customers can pair two stationary batteries for up to 35.4 kilowatt hours of energy storage, enough to power an average U.S. home for up to 20 hours.
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5 tips for businesses filing hurricane-related insurance claims
With Hurricanes Helene and Milton estimated to have cost tens of billions of dollars in damage, it’s important for businesses to carefully document the impact.
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Lyten to build $1B lithium-sulfur battery factory in Nevada
The manufacturer received a $4 million Department of Energy grant in January to accelerate its EV battery production.
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Stellantis makes sweeping leadership changes
The automaker parted ways with its CFO, named a new North America COO and confirmed its CEO’s plans to retire.
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Automotive supply chains can benefit from sourcing alliances. Here’s why.
Collaborations can lower procurement costs and drive operational change, but experts say aligning objectives and cost structures is key to success.
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Uber rolls out climate-focused features, updates to drive sustainability progress
The ride-share giant’s expanded green product suite will allow users to hail more electric vehicles and track the amount of emissions they avoid by choosing sustainable transport options.
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How Stellantis experiments with AI on the factory floor
In recent months, the automaker has rolled out robot guidance and automated wheel technology to boost plant processes' efficiency and accuracy.
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Tracker
Tracking US auto sales by month
Volvo, Hyundai and Kia saw sales dip in September, while they grew for Honda, Subaru and Mazda.
Updated Oct. 14, 2024 -
Honda recalls nearly 1.7M vehicles for steering issue
The gearbox may have a manufacturing defect that causes excessive internal friction, which can make it difficult to turn the steering wheel.
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Kwik Trip launches EV charging program
The retailer’s branded initiative, Kwik Charge, will bring direct current fast chargers to many stores and develop a new app to support them.
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LG Energy Solution aims to double revenue, reduce reliance on EV segment
The plans include advancing next-generation battery technology and establishing an energy storage software and services business.
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Stellantis files multiple lawsuits against UAW
The automaker claims the union filed “sham” grievances and publicly misrepresented parts of the collective bargaining agreement.
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Quarterly sales roundup
Stellantis US sales tank in Q3 while Ford, Tesla charge ahead
Many automakers also saw electrified vehicle sales grow in the quarter, regardless of their overall results.
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Model year 2025 vehicles contribute to increased inventory: report
New vehicles have meant plentiful supplies even as sales increased 14% year over year, according to a recent Cox Automotive analysis.
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Stellantis recalls 154K hybrid Jeep models for battery fire risk
Owners are advised to park their vehicles outside and away from structures, and not to recharge their vehicle’s battery until the issues are addressed.
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Rivian cuts production outlook amid parts shortage
The EV maker said the supply issue began in Q3 and has become more “acute” in recent weeks.
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Hyundai’s Ioniq 5 to be outfitted with Waymo driverless tech
The companies inked a multiyear deal to equip the EV with specific autonomous-ready modifications.
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Toyota to invest $500M in Joby Aviation
The automaker's investment will create a manufacturing alliance for the electric air taxi startup's first phase of commercialization.
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Q&A
Mazda’s CMO on the strategy behind the company’s new brand platform
The automaker's "Move and Be Moved" campaign is helping reimagine the 104-year-old brand at a time of industry transformation.
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Top automotive industry conferences in 2025
Several trade shows will focus on the hot topics of recent years, including EVs, battery tech, hybrid powertrains and software-defined vehicles.
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Battery startup Northvolt to lay off workers, scale back expansion plans
More than 200 employees were affected by the decision to close the company's R&D facility in San Leandro, California.
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Powell says Fed policymakers not ‘in a hurry’ to cut interest rates
“We’re recalibrating policy to maintain the strength in the economy, not because of weakness in the economy,” Federal Reserve Chair Jerome Powell said.
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Volkswagen slashes financial outlook — again
It’s the second time in less than three months that VW has warned of reduced profits.
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$2B in tax credits awarded to EV buyers so far in 2024
Inflation Reduction Act funds have enabled upfront discounts on the purchases of more than 300,000 clean vehicles since Jan. 1, federal agencies say.