Manufacturing: Page 10

  • Jim Farley, CEO of Ford Motor Company, poses with the new all-electric F-150 Lightning performance truck.
    Image attribution tooltip
    Bill Pugliano via Getty Images
    Image attribution tooltip

    Ford CEO Jim Farley earned over $26M in 2023

    He’s the latest Detroit Three executive to receive record compensation.

    By • April 1, 2024
  • A cargo ship struck and collapsed the Francis Scott Key Bridge in Baltimore on March 26, 2024.
    Image attribution tooltip
    Tasos Katopodis via Getty Images
    Image attribution tooltip

    How auto supply chain managers can navigate the Baltimore port stoppages

    Automakers and suppliers should consider alternative port assessments and review their contracts and obligations, experts say.

    By • March 29, 2024
  • A rendering of a white building with a road and parking lot with cars and green landscape in front of it.
    Image attribution tooltip

    Retrieved from Lamar Johnson Collaborative on March 27, 2024.

    Image attribution tooltip

    BMW supplier investing $1.5B to expand South Carolina operations

    AESC is adding a second battery factory at the site, which will supply the automaker's EV assembly facility in Mexico.

    By • March 28, 2024
  • A red Hyundai Ioniq 6 electric sedan.
    Image attribution tooltip
    Courtesy of Hyundai Motor Group
    Image attribution tooltip

    Hyundai to invest billions in South Korea to boost EV production

    The automaker will also advance the development of software-defined vehicles and other technologies.

    By • March 28, 2024
  • Nissan President and Chief Executive Officer Makoto Uchida.
    Image attribution tooltip
    Courtesy of Nissan Motor Co. Ltd
    Image attribution tooltip

    Nissan’s new EV plan aims for significant cost reduction

    ‘The Arc’ plan includes launching new EVs, manufacturing improvements and the adoption of new technologies to boost global sales.

    By , • March 26, 2024
  • An employee assembles a vehicle at the Volkswagen Group's plant in Chattanooga, Tennessee, on Feb. 14, 2024.
    Image attribution tooltip
    Retrieved from Volkswagen Group of America on March 25, 2024
    Image attribution tooltip

    VW plant in Tennessee to hold UAW vote in April

    It’s the first nonunion auto plant to hold a United Auto Workers election since the union won major concessions from the Detroit Three automakers last fall, according to the UAW.

    By • March 25, 2024
  • Three 2023 Fisker Ocean SUVs parked side by side.
    Image attribution tooltip
    Courtesy of Fisker Inc.
    Image attribution tooltip

    Fisker’s future in doubt after deal with major automaker falls through

    The fledgling automaker had reportedly been in talks with Nissan Motor Corp.

    By • March 25, 2024
  • People in blue shirts and protective gear working in a factory line.
    Image attribution tooltip

    Courtesy of GKN Automotive.

    Image attribution tooltip

    GKN Automotive to shutter North Carolina facility

    The closure, part of the auto parts maker's reorganization plan, will impact 247 workers.

    By • March 21, 2024
  • The Apollo robot shown on the floor of a Mercedes-Benz manufacturing facility.
    Image attribution tooltip
    Courtesy of Apptronik
    Image attribution tooltip

    Mercedes-Benz to pilot humanoid robots in its manufacturing facilities

    The auto manufacturer plans to use the robots to perform physically demanding or repetitive tasks that are often more hazardous to humans.

    By • March 20, 2024
  • The 2024 Hyundai Palisade SUV parked outside with mountains in the background.
    Image attribution tooltip
    Courtesy of Hyundai Motor Group
    Image attribution tooltip

    IIHS makes top pick safety award tougher for automakers

    The changes to the 2024 award criteria are designed to encourage automakers to pursue higher levels of vehicle safety, IIHS said.

    By • March 19, 2024
  • The Fisker Ocean electric SUV.
    Image attribution tooltip
    Courtesy of Fisker, Inc.
    Image attribution tooltip

    Fisker to halt production, raise $150M with future in doubt

    The potential cash infusion and production stoppage could help the EV startup stay afloat as it seeks a partnership with a major automaker.

    By • March 18, 2024
  • Autoworkers assemble a battery pack for an electric vehicle at the Volkswagen Group's assembly plant in Chattanooga, Tennessee.
    Image attribution tooltip
    Courtesy of Volkswagen Group
    Image attribution tooltip

    VW plant in Tennessee seeks UAW vote, union says

    It’s the first non-union auto plant to ask for a union election since the United Auto Workers won major concessions from the Detroit Three automakers last fall.

    By • March 18, 2024
  • A landscape photo of the Thacker Pass land being developed by Lithium Americas in Nevada.
    Image attribution tooltip
    Courtesy of Lithium Americas
    Image attribution tooltip

    Biden administration boosts EV supply chain with $2B lithium loan

    The money will fund processing facilities at Lithium Americas’ upcoming Nevada project. General Motors has exclusive purchasing rights to all lithium production for up to 15 years.

    By • March 18, 2024
  • Rows of silver batteries on a flat surface.
    Image attribution tooltip

    Courtesy of Panasonic Energy of North America.

    Image attribution tooltip

    Panasonic Energy, H&T Recharge sign battery can supply deal

    The EV battery maker's latest transaction is part of its goal to strengthen its supply chain in North America, the company said.

    By • March 14, 2024
  • schaeffler-Herzogenaurach
    Image attribution tooltip
    Courtesy of Schaeffler
    Image attribution tooltip

    Schaeffler to open $230M Ohio auto manufacturing plant

    The Dover facility will produce parts like electric axles for light- and medium-duty vehicles and is expected to be finished by 2025.

    By • March 13, 2024
  • Two workers inspect an engine component at Toyota's engine plant in Missouri.
    Image attribution tooltip
    Courtesy of Toyota Motor North America
    Image attribution tooltip

    Autoworkers are trying to unionize a Toyota plant in Missouri, UAW says

    The Troy facility is the first Toyota plant to publicly announce its organizing efforts since the United Auto Workers launched its nationwide campaign, the labor union said.

    By • March 11, 2024
  • Stellantis CEO Carlos Tavares and the automaker's South America COO Emanuele Cappellano pictured together in a press photo.
    Image attribution tooltip
    Courtesy of Stellantis
    Image attribution tooltip

    Stellantis invests 5.6B euros in South America

    The automaker plans to launch more than 40 new products through 2030, including vehicles powered by “Bio-Hybrid” powertrain technologies.

    By • March 11, 2024
  • A man in glasses in front of a white car and a screen on stage.
    Image attribution tooltip
    Phillip Faraone for Rivian via Getty Images
    Image attribution tooltip

    Rivian halts construction on $5B Georgia EV facility

    The electric vehicle maker plans to produce its R2 model at its Illinois facility instead, starting in the first half of 2026.

    By • March 8, 2024
  • Scout Motors held ground breaking ceremony on its $2 billion EV plant in Blythewood, South Carolina.
    Image attribution tooltip
    Courtesy of Scout Motors
    Image attribution tooltip

    Scout Motors breaks ground on $2B EV plant after environmental delays

    The automotive company plans to finish its South Carolina facility in 2026 after pausing construction in the fall of 2023.

    By Sebastian Obando • March 6, 2024
  • A 2024 Toyota Prius Limited driving.
    Image attribution tooltip
    Courtesy of Toyota Motor North America
    Image attribution tooltip

    Toyota to buy EV battery company, ending venture with Panasonic

    The automaker expects Primearth EV Energy Co. to help it respond to changes in demand for electrified vehicles.

    By • March 6, 2024
  • A white building surrounded by construction.
    Image attribution tooltip

    Courtesy of Hyundai Motor Group.

    Image attribution tooltip

    Hyundai moves up Georgia EV factory timeline

    The new plant will now begin production in Q4 of this year, months earlier than expected.

    By • March 5, 2024
  • A white Xpeng G9 electric SUV plugged in for charging.
    Image attribution tooltip
    Courtesy of Xpeng Inc.
    Image attribution tooltip

    China’s Xpeng, Volkswagen Group to co-develop EVs

    The automakers will jointly develop and source common parts for two China-specific midsize EVs.

    By • March 4, 2024
  • A 2024 Fisker Ocean driving around a bend on a rural road.
    Image attribution tooltip
    Courtesy of Fisker Inc.
    Image attribution tooltip

    Fisker seeks deal with major automaker as survival is in question

    The automaker also plans to streamline operations and slash its staff by 15% after losing $464 million in Q4.

    By • March 1, 2024
  • A red Tesla Model 3 and blue Tesla Model Y parked with a city skyline in the background.
    Image attribution tooltip
    Courtesy of Tesla Inc.
    Image attribution tooltip

    Biden administration scrutinizes China’s links to connected vehicle supply chains

    The Commerce Department is exploring whether to regulate transactions with China-linked firms supplying automakers with goods, technology or services for their connected cars.

    By • Feb. 29, 2024
  • A portrait of Nikola President and CEO Steve Girsky.
    Image attribution tooltip
    Courtesy of Nikola
    Image attribution tooltip

    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