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 Kelly Stroh • Nov. 30, 2023

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 Eric Walz • Nov. 28, 2023

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 Kelly Stroh • Nov. 28, 2023

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 Eric Walz • Nov. 27, 2023

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 Sara Samora • Nov. 27, 2023

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 Eric Walz • Nov. 22, 2023

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 Sara Samora • Nov. 21, 2023

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 Eric Walz • Nov. 21, 2023

LG Energy Solution to lay off 170 in Michigan

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

By Kate Magill • Nov. 20, 2023

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 Eric Walz • Nov. 20, 2023

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 Michael Brady • Updated Nov. 20, 2023

Goodyear CEO to retire as tiremaker overhauls corporate strategy

The company’s transformation plan includes exploring strategic alternatives for its Dunlop brand and chemical and off-road tire businesses, which it hopes will raise over $2 billion in gross proceeds.

By Michael Brady • Nov. 17, 2023

Energy Department offers $3.5B for battery manufacturing

The funding from the Bipartisan Infrastructure Law will go towards new, retrofitted and expanded battery and critical mineral production sites.

By Kate Magill • Nov. 16, 2023

Michelin to lay off 1,400 employees, end tire production in Oklahoma

The site couldn’t keep up with the evolving automotive market and is set to wind down operations starting next year.

By Sara Samora • Nov. 16, 2023

UAW members vote to approve GM labor deal despite opposition

Nearly 55% of autoworkers represented by the United Auto Workers at General Motors voted “yes” to approve the deal, but 13 facilities rejected it.

By Michael Brady • Nov. 16, 2023

GM buys gigacasting company with Tesla ties

Tooling & Equipment International worked with Tesla to streamline vehicle manufacturing before General Motors acquired the company.

By Eric Walz • Nov. 16, 2023

Volvo acquires Proterra’s EV battery business

The automaker purchased the electric bus maker's battery segment three months after the startup declared bankruptcy.

By Joelle Anselmo • Nov. 15, 2023

Hyundai is raising wages 25% by 2028 for production workers

The pay hikes will impact employees at the automaker’s assembly plant in Alabama and its electric vehicle factory in Georgia, which is under construction.

By Eric Walz • Nov. 14, 2023

Continental to lay off thousands of automotive employees in restructure

The supplier plans to cut automotive spending by over $400 million annually as it restructures its business amid the transition to electric vehicles.

By Michael Brady • Nov. 13, 2023

Honda raises production worker wages by 11% after Toyota pay bump

The automaker’s decision follows the historic pay raises the United Auto Workers won from the Big Three to end the recent strike.

By Eric Walz • Nov. 13, 2023

EV sales are rising. So why are automakers nervous?

Slower sales growth, lower prices and growing inventories have spooked carmakers, leading some to reconsider their electric vehicle plans to bolster their finances.

By Michael Brady • Nov. 9, 2023

GM halts production of the Cruise Origin robotaxi

The decision comes after California regulators ordered Cruise to cease operations after a pedestrian was struck by one of its self-driving vehicles in downtown San Francisco.

By Eric Walz • Nov. 8, 2023

Hyundai’s EV manufacturing campus draws 3 more suppliers to Georgia

The latest auto parts manufacturing investments will help supply the automaker with armrests, headrests, chassis and body parts, and seat frames for electric vehicles.

By Sara Samora • Nov. 7, 2023

Autoworkers in Canada approve labor agreement with Stellantis

The three-year collective bargaining agreements cover about 8,200 autoworkers, including two assembly plants in Windsor and Brampton, as well as the Etobicoke Casting Plant.

By Michael Brady • Nov. 7, 2023

GM to invest another $2B in EVs under UAW deal

The additional funds are part of the automaker’s plans to invest more than $13 billion in electric and internal combustion vehicle production in the U.S.

By Michael Brady • Nov. 6, 2023