Automakers
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Volkswagen, SAIC extend partnership to 2040
The joint venture will focus on product, production and decarbonization initiatives, including an accelerated electrification strategy.
By Haley Cawthon • Dec. 12, 2024 -
GM shuts troubled Cruise robotaxi unit
“A robotaxi business is not General Motors’ core business," CEO Mary Barra said on a conference call Tuesday.
By Dan Zukowski • Dec. 11, 2024 -
Amazon launches retail partnership with Hyundai in 48 US cities
Customers can browse, order, finance and schedule pickup of a new vehicle through the e-commerce website.
By Eric Walz • Dec. 11, 2024 -
Toyota names C-suite officers after resignation
Two current executives will take over Jun Nagata's chief risk officer and chief compliance officer roles.
By Kalena Thomhave • Dec. 11, 2024 -
Deep Dive
Inventory management key amid EV uncertainty, affordability woes, experts say
Automakers might struggle to manage inventories as federal support for electric vehicle purchases could change with the new administration.
By Michael Brady • Dec. 11, 2024 -
Stellantis shakes up North American leadership, Ram CEO returns
As the automaker seeks to spark sales, Timothy Kuniskis has returned as Ram CEO after retiring in May.
By Eric Walz • Dec. 10, 2024 -
Rivian to open its charging network to all EV drivers
The move follows Tesla’s decision to open its Superchargers to other automakers to improve public access and promote EV adoption.
By Eric Walz • Dec. 6, 2024 -
Volkswagen’s PowerCo secures battery materials supply deal
The five-year agreement with Australia-based Novonix, a manufacturer of synthetic graphite material, is slated to start in 2027.
By Kelly Stroh • Dec. 6, 2024 -
Honda, Lexus best in retaining resale value: JD Power
Balanced marketing strategies and fewer discounts contributed to each brand’s strong performance in the used vehicle market.
By Kalena Thomhave • Dec. 6, 2024 -
GM recalls 132K pickups for tailgates that can open while driving
The automaker issued a previous recall in February for up to 570,434 pickups for the same issue.
By Eric Walz • Dec. 5, 2024 -
Nissan names US chief marketing officer
The automaker says Allyson Witherspoon is tasked with strengthening its image in a critical market for the company.
By Kalena Thomhave • Dec. 5, 2024 -
GM Energy partners with a Texas utility to provide free EV charging
The program for Chevrolet electric vehicle owners will utilize renewable energy while offsetting charging costs.
By Kalena Thomhave • Dec. 4, 2024 -
Volvo sells 30% stake of Lynx & Co. to Zeekr
The automaker’s equity was valued at $747.4 million and the divestment is part of a new ownership structure for the jointly operated brand.
By Eric Walz • Dec. 3, 2024 -
Stellantis CEO Carlos Tavares resigns
The departure of the automaker’s CEO follows a wave of executive turnover this year amid significant sales declines in North America.
By Eric Walz • Dec. 2, 2024 -
Hyundai recalls 145K vehicles over loss of power
The integrated charging control unit for Genesis and Ioniq brand models may fail to charge the vehicle’s battery.
By Eric Walz • Nov. 26, 2024 -
Rivian lands conditional $6.6B loan from Department of Energy
The funds would revive construction of the company’s electric vehicle factory in Georgia.
By Larry Avila • Nov. 26, 2024 -
Many car owners with loans are struggling: JD Power
A survey of more than 11,000 consumers found 1% of those at financial risk had enough savings to cover six months of living expenses.
By Kalena Thomhave • Nov. 26, 2024 -
Trump calls for 25% tariffs on imports from Canada and Mexico
The president-elect also called for additional 10% tariffs on imports from China as part of his day one White House plans.
By Philip Neuffer • Updated Nov. 26, 2024 -
BMW’s US footprint may protect it from tariff impacts, CEO says
CEO Oliver Zipse said 65% of the company’s cars sold in the U.S. are locally made.
By Larry Avila • Nov. 25, 2024 -
Volkswagen names Rivian exec as its North America CEO
Kjell Gruner takes over Dec. 12 for Pablo Di Si, who stepped down from the post, according to the company.
By Larry Avila • Nov. 22, 2024 -
Ford reassigns hundreds in Michigan as it adjusts Bronco production
The automaker is balancing inventory as it heads into next year’s model launches, a spokesperson said.
By Eric Walz • Nov. 21, 2024 -
NHTSA finalizes ‘significant’ updates to its 5-star safety ratings program
The changes are intended to make roads safer by encouraging automakers to add pedestrian protection technology to their vehicles.
By Eric Walz • Nov. 21, 2024 -
GM cuts hundreds of jobs across the globe
The layoffs will impact UAW workers and the automaker’s Michigan tech center.
By Larry Avila • Nov. 20, 2024 -
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.
By Haley Cawthon • Nov. 20, 2024 -
Rivian CFO inks $3.5M trading plan as EV industry faces bumps
President-elect Trump will likely ax the tax credit on electric vehicles, which could significantly impact competition in the segment.
By Grace Noto • Nov. 20, 2024