Manufacturing: Page 13

  • Vehicles for sale at an AutoNation car dealership.
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    Mario Tama/Staff/Getty Images News via Getty Images
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    US new vehicle sales up 12.8% in 2023: J.D. Power

    Despite declining transaction prices, dealers’ “profits continue to exceed pre-pandemic levels,” Thomas King, president of the data and analytics division at J.D. Power, said.

    By • Dec. 22, 2023
  • A drone view of a train passing alongside Puerto de Anapra town at the border between USA and Mexico.
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    THEPALMER via Getty Images
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    Deep Dive

    Mexico’s nearshoring wave is years in the making

    Whether through foreign direct investments or internationally purchased goods, the automotive sector has an outsized share of Mexico's trade.

    By Alejandra Carranza , • Dec. 21, 2023
  • A deployed airbag after a motor vehicle crash.
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    labsas/E+ via Getty Images
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    Automakers protest forced recall of 52M air bag inflators

    General Motors, Ford Motor Co. and eight other automakers said the risks are too low to warrant a forced recall by the National Highway Traffic Safety Administration.

    By • Dec. 21, 2023
  • The Tesla gigafactory in Nevada.
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    Courtesy of Tesla
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    Tesla to raise wages 10% at Nevada gigafactory: CNBC

    The automaker will increase wages from $20 to $22 per hour for employees at the bottom of the payscale, while high-wage workers will go from $30.65 to $34.50.

    By • Dec. 20, 2023
  • Three sizes of lithium ion batteries produced by Panasonic.
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    Courtesy of Sila Nanotechnologies
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    Panasonic to develop advanced EV batteries with Sila Nanotechnologies

    Sila’s nano-composite silicon anode material can deliver a 20% increase in range compared to conventional lithium-ion batteries used for electric vehicles.

    By • Dec. 19, 2023
  • Volkswagen Group's assembly plant in Chattanooga, Tenneesee.
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    Courtesy of Volkswagen Group
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    Volkswagen denies union-busting claims as UAW files another unfair labor complaint

    The union said the automaker’s social media, dress code and flier policies are “unlawful” and “have a chilling effect on workers’ rights” to publicly discuss labor conditions and organize.

    By • Dec. 19, 2023
  • The exterior and entrance of General Motors' Lansing Grand River Assembly/Stamping facility.
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    Courtesy of General Motors
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    GM to layoff 1,300 workers at 2 plants in Michigan

    Workers at the automaker’s Orion Assembly plant, which builds the outgoing Chevrolet Bolt EV models, make up most of the cuts.

    By • Dec. 15, 2023
  • Solar panels and wind turbines in the desert producing renewable energy.
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    narvikk via Getty Images
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    Treasury releases guidance on IRA clean energy tax credits

    Battery manufacturers can receive a tax credit on a percentage of their production costs until 2033.

    By • Dec. 15, 2023
  • The Lucid Gravity.
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    Courtesy of Lucid Group
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    Lucid CFO resigns in latest leadership shakeup

    The news comes weeks after the company unveiled its Gravity SUV and days after the automaker was removed from the Nasdaq-100 Index.

    By • Dec. 14, 2023
  • A Honda associate does a quality check on a 2023 Honda CR-V.
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    Courtesy of American Honda Motor Co., Inc.
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    Autoworkers accuse Honda, VW and Hyundai of retaliating against unionization efforts

    The workers said they are filing unfair labor complaints against the three companies as they try to rally support to join the United Auto Workers union.

    By • Dec. 12, 2023
  • The Cunningham battery energy storage facility in Texas seen from above
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    Courtesy of Acciona Energia
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    Lithium-ion battery prices hit record low, drop 14% from 2022: BloombergNEF

    Prices rose last year for the first time since 2010, then dropped sharply thanks to factors including increased production capacity, the firm said.

    By Diana DiGangi • Dec. 5, 2023
  • GM Defense’s Heavy-Duty Sport Utility Vehicle
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    Courtesy of General Motors
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    GM lands 10-year contract to build armored SUVs for State Department

    The automaker is revamping the manufacturing process to improve build and delivery times. 

    By • Dec. 4, 2023
  • 2023 Ford F-Series Super Duty pickups on the assembly line at Ford's Kentucky Truck Plant.
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    Courtesy of Ford Motor Co.
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    Ford says new UAW contract will cost $8.8B

    The automaker estimates its new labor contract with the United Auto Workers union will cost around $900 per vehicle by 2028.

    By • Dec. 1, 2023
  • Two workers inspect a vehicle body on the assembly line at Toyota Motor Manufacturing Kentucky.
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    Courtesy of Toyota Motor North America
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    Thousands of nonunion autoworkers launch campaign to join UAW

    The massive union drive covers nearly 150,000 autoworkers from at least 13 companies, including Toyota, Honda, Hyundai and Mercedes-Benz.

    By • Nov. 30, 2023
  • Cargo is being loaded onto a 777 freighter aircraft
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    Courtesy of DB Schenker
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    Auto industry eyes air freight to trim backlogs post-UAW strike

    Suppliers and OEMs are prioritizing shipping speed and reliability to aid their supply chain recovery, industry experts say.

    By • Nov. 30, 2023
  • An aerial view of Hyundai's new electric vehicle factory in Ulsan, South Korea.
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    Courtesy of Hyundai Motor Group
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    Hyundai to pause construction of its South Korea factory to build EV plant

    With Hyundai investing billions of dollars in electrification, the automaker is focused on starting construction of its new EV factory in Ulsan, South Korea.

    By • Nov. 28, 2023
  • Stellantis employees assembling doors.
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    Retrieved from Stellantis on October 18, 2023
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    UAW strikes: What’s next for auto supply chains after labor deals?

    As automakers ramp up production efforts, labor challenges and geopolitical risks may continue to plague operations, according to industry experts.

    By • Nov. 28, 2023
  • Northvolt engineers inspect a sodium ion battery sample.
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    Courtesy of Northvolt
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    Northvolt develops an advanced sodium-ion battery

    The battery, which does not contain rare earth materials, was validated to have an energy density of over 160 watt-hours per kilogram.

    By • Nov. 27, 2023
  • A white building with grass and a road in front of it, and a gray ZF sign on the right.
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    Courtesy of ZF Group.

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    BMW supplier plans $500M South Carolina facility expansion

    ZF Group's investment will upgrade the transmission plant's equipment to keep pace with automakers' EV plans.

    By • Nov. 27, 2023
  • Two employees at Redwood Materials disassemble batteries for recycling.
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    Courtesy of Redwood Materials
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    Toyota to source recycled EV battery materials from Redwood Materials

    The automaker will use recycled materials to produce batteries at its forthcoming North Carolina EV battery manufacturing plant.

    By • Nov. 22, 2023
  • A silver EV battery module being assembled.
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    Courtesy of Ford.

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    Ford resumes Michigan EV battery plant construction — but scaled down

    The slow adoption of EVs made the automaker reevaluate its investments, a Ford spokesperson said.

    By • Nov. 21, 2023
  • A worker inspects Nissan Pathfinder SUV at the company's Smyrna Vehicle Assembly Plant in Tennessee.
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    Courtesy of Nissan North America, Inc.
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    Nissan raising wages 10% for 9,000 US production workers

    Honda, Hyundai, Subaru and Toyota have also promised to increase pay for nonunion workers since the United Auto Workers struck deals with the Big Three.

    By • Nov. 21, 2023
  • An LG Energy Solution site.
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    Courtesy of LG Energy Solution
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    LG Energy Solution to lay off 170 in Michigan

    The company said slower-than-expected EV demand contributed to the cuts.

    By • Nov. 20, 2023
  • The 2024 Subaru Crosstrek Wilderness SUV.
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    Courtesy of Subaru of America, Inc.
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    Subaru to raise wages after similar moves by nonunionized automakers

    The decision impacts Subaru’s sole U.S. assembly plant in Lafayette, Indiana, which employs over 5,600 workers and currently builds the Ascent, Crosstrek, Legacy and Outback models.

    By • Nov. 20, 2023
  • United Auto Workers President Shawn Fain at the Stellantis Sterling Heights Assembly Plant in Michigan.
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    Bill Pugliano/Stringer/Getty Images North America via Getty Images
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    UAW ratifies labor agreements with Ford, Stellantis

    The United Auto Workers union says 64% of voting members across General Motors, Ford and Stellantis approved the landmark labor agreements.

    By • Updated Nov. 20, 2023