Automakers


  • A stock image of a consumer examining a receipt.
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    Patpitchaya via Getty Images
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    Consumer confidence falls, breaking three-month rising streak

    Spending by consumers is showing signs of sputtering after propelling better-than-expected economic growth last year.

    By Jim Tyson • Feb. 29, 2024
  • Stellantis COO Uwe Hochgeschurtz and Ayvens COO Miel Horsten shakes hand in a press photo.
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    Courtesy of Stellantis
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    Ayvens to buy up to 500,000 Stellantis vehicles

    The first deliveries are expected to begin in the first half of 2024 and continue through 2027.

    By Feb. 28, 2024
  • A portrait of Nikola President and CEO Steve Girsky.
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    Courtesy of Nikola
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    Nikola close to naming next CFO

    CEO Steve Girsky has been serving as interim finance chief following Anastasiya “Stasy” Pasterick’s departure.

    By David Taube • Feb. 28, 2024
  • A view of the interior of Nouveau Monde Graphite's battery materials plant in Bécancour, Quebec.
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    Courtesy of Nouveau Monde Graphite
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    Panasonic Energy fortifies battery supply chain with new graphite deal

    Nouveau Monde Graphite is also growing its capacity as more battery companies and automakers secure additional suppliers for their North American supply chains.

    By Kate Magill • Feb. 27, 2024
  • A 2023 Fisker Ocean. Rear three-quarter view.
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    Courtesy of Fisker Inc.
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    EV startups seek alternatives to DTC sales

    Direct-to-consumer car sales aren’t what they used to be, experts say. Are dealers the future for automakers like VinFast and Fisker?

    By Amanda Loudin • Feb. 27, 2024
  • 2024 Mercedes-Benz GLS model lineup parked in a city.
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    Courtesy of Mercedes-Benz AG
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    UAW wins majority support at Mercedes-Benz plant in Alabama

    The facility is the second nonunionized automotive plant in the U.S. to earn support for collective bargaining since last fall, the United Auto Workers said.

    By Feb. 27, 2024
  • Stellantis CEO Carlos Tavares.
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    Bill Pugliano/Stringer/Getty Images North America via Getty Images
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    Stellantis CEO made over 36M euros in 2023

    Carlos Tavares’ compensation soared 56% year over year, according to the automaker’s 2023 annual report.

    By Feb. 26, 2024
  • enersys
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    (Photo by John Moore/Getty Images) via Getty Images
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    EnerSys plans South Carolina lithium-ion battery factory

    The plant is part of an agreement with France-based battery maker Verkor, which produces batteries for automaker Renault Group’s premium and Alpine electric models.

    By Joelle Anselmo • Feb. 26, 2024
  • A smartly-dressed male auto sales representative is showing a digital tablet to a young Black couple in a car showroom.
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    Prostock-Studio via Getty Images
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    New vehicle sales rose to over 1.2M in February

    Sales rebounded thanks to mild weather, strong inventory levels, and larger incentives and discounts, one analyst said.

    By Feb. 26, 2024
  • An auto worker at the Volkswagen assembly plant in Tennessee inspects components of the ID4 electric SUV.
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    Courtesy of Volkswagen Group
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    UAW to spend $40M to organize non-union autoworkers and battery plants

    More than 10,000 non-union autoworkers have signed cards since the UAW launched a nationwide organizing drive in December.

    By Feb. 23, 2024
  • An all-electric Mercedes-AMG EQS 53 4MATIC+ parked.
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    Courtesy of Mercedes-Benz AG
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    Mercedes-Benz delays EV goal amid slowing demand

    Low-cost EV sales are growing faster than more expensive luxury models, a company executive said.

    By Feb. 23, 2024
  • A woman behind the wheel of a Cadillac Escalade IQ with a pillar-to-pillar dashboard display in view.
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    Courtesy of General Motors
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    GM nearly doubles Super Cruise road network miles

    The automaker increased the number of usable miles from 400,000 to 750,000.

    By Feb. 23, 2024
  • A Rivian R1T nears undergoes final assembly at the automaker's plant in Normal, Illinois.
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    Courtesy of Rivian Automotive
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    Rivian to lay off 10% of salaried workforce

    A company spokesperson said the hourly manufacturing workers at its plant in Normal, Illinois, would not be affected.

    By Feb. 21, 2024
  • 2024 Ford Expedition Timberline driving off-road.
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    Courtesy of Ford Motor Co.
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    UAW, Ford reach local deal, staving off strike at Kentucky Truck Plant

    Local 862 was prepared to strike on Friday if the tentative agreement was not reached.

    By Feb. 21, 2024
  • A red 2022 Jeep Wagoneer SUV on the road with water in the background.
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    Courtesy of Stellantis
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    Stellantis shakes up sales organization in North America

    The reshuffle aims to increase the automaker’s focus on business-to-consumer and business-to-business sales.

    By Feb. 21, 2024
  • Rendering of Rivian's $5 billion EV manufacturing plant in Stanton Springs, Georgia.
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    Courtesy of Clayco
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    EV battery plant construction booms even as automakers hit the brakes

    The U.S. may need 60 billion batteries and 40 large-scale gigafactories to meet EV demand in 2030, one expert said.

    By Sebastian Obando • Feb. 21, 2024
  • Four 2023 Fisker Ocean models parked.
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    Courtesy of Fisker Inc.
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    Fisker stock is at risk of delisting

    The EV startup has six months to boost its share price above $1 per share to stay on the New York Stock Exchange.

    By Feb. 20, 2024
  • A light gray Chevrolet Bolt EV parked outside at a charging station at a Chevrolet dealer in Colma, California.
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    Justin Sullivan via Getty Images
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    Dealers reimbursed $135M for clean vehicle tax credits since Jan. 1

    The Clean Vehicle Tax Credit offers consumers the option of a point-of-sale discount of $7,500 for the purchase of qualifying vehicles.

    By Feb. 16, 2024
  • United Auto Workers President Shawn Fain speaking during a livestream event.
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    United Auto Workers. (2023). "UAW President Shawn Fain Livestream Update 10/6/23" [Video screenshot]. Retrieved from YouTube.
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    Nearly 9,000 UAW members could strike at Ford’s Kentucky Truck Plant

    The autoworkers want Ford to address health and safety issues, “as well as Ford’s continued attempts to erode the skilled trades” at the plant, the union said.

    By Feb. 16, 2024
  • An overhead view of Stellantis' STLA Medium EV platform with the powertrain components highlighted in orange.
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    Courtesy of Stellantis
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    Stellantis to produce EV drive modules in Hungary

    The modules, which combine an electric motor, reduction gearset and inverter into a single unit, should begin production in late 2026.

    By Feb. 15, 2024
  • A rendering of Panasonic's upcoming manufacturing facility in De Soto, Kansas. With green grass, trees, and a building with one car coming out and one going out.
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    Courtesy of SSOE Group.

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    Panasonic, Novonix sign synthetic graphite supply deal

    The deal will help the battery maker as it opens its Kansas factory, which is expected to supply automakers like Tesla and Mazda.

    By Kate Magill • Feb. 15, 2024
  • Three 2022 Rivian R1T electric pickups driving.
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    Courtesy of Rivian Automotive
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    Rivian names former Meta, Amazon exec as marketing head

    The move comes weeks before Rivian launches the R2, the automaker’s smaller, more affordable electric crossover.

    By Feb. 14, 2024
  • The Cruise Origin autonomous ride-hailing vehicle.
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    Courtesy of Cruise LLC
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    GM’s Cruise unit names safety leader amid federal investigations

    Steve Kenner will help the company improve safety and reestablish trust with regulators, government officials and the public.

    By Feb. 14, 2024
  • A man, talking on mobile phone while looking at the car engine on the side of a road.
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    FluxFactory via Getty Images
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    Vehicle dependability slips after 3 years of ownership: JD Power

    The study found a decline in long-term dependability for two-thirds of the vehicle brands analyzed.

    By Feb. 13, 2024
  • A rectangle-shaped battery.
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    Courtesy of BYD.

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    BorgWarner inks manufacturing deal with BYD subsidiary

    The auto supplier will use FinDreams Battery’s LFP battery pack design and manufacturing process in Europe, the Americas and parts of the Asia-Pacific region.

    By Sara Samora • Feb. 13, 2024