Automakers
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Courtesy of Stellantis
Stellantis CEO: First half results ‘disappointing and humbling’
The automaker’s net profit was down 48% year over year as it continues to lose market share in North America.
By Haley Cawthon • July 26, 2024 -
Courtesy of BMW of North America
BMW recalls 291K SUVs for rear cargo rail detachment risk
The bolts securing the rails could become damaged in a crash, increasing the risk of injury to passengers.
By Eric Walz • July 26, 2024 -
Michael B. Thomas via Getty Images
GM resumes Missouri production after supplier strike
UAW Local 282 members walked off the job at seat manufacturer Lear Corp. this week, forcing the automaker’s Wentzville Assembly plant to stop production.
By Haley Cawthon • July 26, 2024 -
Courtesy of Ford Motor Co.
Ford EV losses mount, weighing on profits
The automaker has lost $2.5 billion on electric vehicles so far in 2024.
By Haley Cawthon • July 25, 2024 -
Courtesy of Tesla Inc.
Telsa Q2 profits sink 45% as deliveries decline again
The electric vehicle maker delivered 22,184 fewer vehicles year over year during the quarter.
By Haley Cawthon • July 25, 2024 -
Courtesy of Cruise LLC
GM shifts AV plans from Cruise Origin to Chevy Bolt
CEO Mary Barra said the move will allow the company to deliver autonomous vehicle technology at scale as quickly as possible.
By Haley Cawthon • July 24, 2024 -
Scott Olson via Getty Images
New vehicle affordability fell in June: report
Still, rising household income and lower interest rates helped keep new cars more affordable than this time last year, according to a Cox Automotive and Moody’s Analytics analysis.
By Kalena Thomhave • July 24, 2024 -
Courtesy of Tesla Inc.
Elon Musk: CrowdStrike outage caused ‘seizure’ for auto supply chain
Tesla has deleted the cybersecurity software off all of its systems, the CEO said on the social platform X.
By Haley Cawthon • July 23, 2024 -
cofotoisme via Getty Images
Mentoring programs could help automakers build a future workforce
Companies like Fastenal and TE Connectivity have launched successful mentorship and training options for current employees and emerging leaders.
By Sakshi Udavant • July 22, 2024 -
Courtesy of Insurance Institute for Highway Safety
Rear AEB systems work well on compact SUVs: IIHS
“Technology that intervenes on behalf of the driver is more effective in preventing crashes than other types of solutions,” said IIHS President David Harkey.
By Eric Walz • July 22, 2024 -
Courtesy of Mercedes-Benz
Coffee and EV charging: Mercedes-Benz partners with Starbucks
The collaboration will add DC fast chargers at 100 retail locations along the 1,400-mile Interstate 5 corridor.
By Haley Cawthon • July 22, 2024 -
Courtesy of Hyundai Motor America
Hyundai recalls 67K vehicles for transmission, fuel pump issues
The two separate recalls will fix software that caused some vehicles to roll away, even while parked, among other problems.
By Eric Walz • July 19, 2024 -
Courtesy of Volvo Cars
Volvo warns of short-term EV uncertainties
In its Q2 2024 earnings report, the automaker cautioned that its electric vehicle transition will not be a linear one.
By Haley Cawthon • July 19, 2024 -
Courtesy of Ford Motor Co.
Ford investing $3B to expand Super Duty F-Series production
The automaker aims to boost initial output by 100,000 vehicles a year.
By Eric Walz • July 18, 2024 -
Tomohiro Ohsumi via Getty Images
Q2 auto sales roundup: Toyota, BMW sprint ahead
Meanwhile, Stellantis, Tesla and Mercedes-Benz saw deliveries stall during the tough quarter.
By Haley Cawthon • July 18, 2024 -
Courtesy of Stellantis
Stellantis recalls 332K vehicles to fix seat belt connector
The problem can prevent the front seat airbag from deploying as intended.
By Eric Walz • July 17, 2024 -
Courtesy of Tesla Inc.
Owners report more problems with EVs than gas vehicles: JD Power
New technology in cars is driving an increase in owner complaints, a June study found.
By Kalena Thomhave • July 17, 2024 -
Courtesy of Stellantis
Stellantis offers new EV incentives
Customers will have a choice of a free home charger or a $600 credit to pay for public charging sessions.
By Eric Walz • July 15, 2024 -
Mario Tama/Staff/Getty Images News via Getty Images
AutoNation warns CDK cyberattack will dent quarterly earnings
The major North American car dealership estimates the attack will lead to a $1.50 per-share earnings impact.
By David Jones • July 15, 2024 -
Courtesy of Toyota Motor Corp
Toyota joins EV charging network Ionna
The company is teaming up with seven other automakers, including General Motors and Stellantis, as an investor and founding partner in the joint venture.
By Haley Cawthon • July 15, 2024 -
Courtesy of Business Wire
Volkswagen subsidiary PowerCo lands battery tech licensing deal
QuantumScape says its solid state battery technology can allow an EV to travel up to 500,000 kilometers (roughly 311,000 miles) without any noticeable loss of range.
By Eric Walz • July 15, 2024 -
Bill Pugliano via Getty Images
GM shareholders deny 3 ethical supply chain proposals
Responding to the proposals, the automaker defended its existing practices for supplier agreements and operational policies.
By Kelly Stroh • July 15, 2024 -
Courtesy of Ford
Automakers accelerate drive for fossil-free steel
Volvo is leading the industry for steel and aluminum decarbonization. Mercedes, Tesla and Ford follow.
By S.L. Fuller • July 12, 2024 -
Courtesy of Stellantis
DOE allocates $1.7B for auto factory conversions
Eleven shuttered or at-risk facilities in eight states will be converted to support electric vehicle manufacturing.
By Haley Cawthon • July 12, 2024 -
Courtesy of BMW Group AG
BMW recalls 394K vehicles for potentially dangerous airbags
Over the past decade, Takata airbag recalls have expanded to affect around 67 million vehicles.
By Eric Walz • July 11, 2024
