Manufacturing: Page 2
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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 -
Courtesy of Hyundai Motor Group.
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 -
Retrieved from Stellantis on October 18, 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 -
Retrieved from General Motors on November 06, 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 -
UAW takes aim at Toyota after historic agreements with the Big Three
The union plans to use its new agreements with the Big Three to court non-unionized autoworkers, including those working for Toyota.
By Eric Walz • Nov. 3, 2023 -
Epsilon Advanced Materials to build $650M graphite anode facility in North Carolina
The plant will start producing high-capacity anode materials in 2026 and use green technologies to make enough materials to power 1.10 million electric vehicles by 2030.
By Joelle Anselmo • Nov. 3, 2023 -
Murky economy leads manufacturers to cut staff, expectations: PMI
The ISM and S&P Global purchasing managers’ indices both showed manufacturers are making adjustments in light of soft demand.
By Edwin Lopez • Nov. 2, 2023 -
LG Energy Solution plans to make Arizona a hub for cylindrical battery production
The company is pivoting its manufacturing strategy in a bid to match U.S. demand.
By Kate Magill • Nov. 1, 2023 -
Stellantis lost $3.2B to UAW strike
The automaker said the strike reduced vehicle shipments by 50,000 units in September and October, which led to the revenue drop.
By Eric Walz • Nov. 1, 2023 -
UAW wins big concessions from Big Three. Are foreign automakers next?
If the United Auto Workers organize nonunion companies like Tesla and Toyota, it would create a more even playing field for General Motors, Ford and Stellantis, one expert said.
By Kalena Thomhave • Oct. 31, 2023 -
Toyota to expand North Carolina EV battery plant with $8B investment
The latest investment will create nearly 3,000 more jobs and increase capacity to support the automaker’s EV models.
By Sara Samora • Oct. 31, 2023 -
Retrieved from Stellantis North America on October 30, 2023
Stellantis, Unifor reach tentative agreement, ending autoworkers strike in Canada
The automaker agreed to largely the same terms as Ford Motor Co. and General Motors, raising base wages 20% for production workers and 25% for skilled trades.
By Michael Brady • Oct. 30, 2023 -
The Ford-UAW deal features $8B in plant upgrades. Here’s where the money’s going.
The investments will include the introduction of new EV models at four facilities.
By Kate Magill • Oct. 30, 2023 -
UAW ends strike against Stellantis, hits GM with surprise 4,000 worker strike
The Stellantis deal is similar to the United Auto Workers agreement with Ford Motor Co., raising autoworkers’ base wages 25% over four-and-a-half years.
By Michael Brady • Oct. 28, 2023 -
Ford lost $1.3B due to the UAW strike, zapping its Q3 profits
The strike canceled the production of 80,000 vehicles and cost Ford $850 to $900 per vehicle.
By Eric Walz • Oct. 27, 2023 -
Ford delays construction on second Kentucky battery plant
The automaker is also delaying $12 billion in electric vehicle investments a month after it paused construction on its Michigan EV factory.
By Kate Magill • Oct. 27, 2023 -
Ford, UAW reach tentative agreement to end strike
General Motors and Stellantis autoworkers could also receive significant raises if the union pressures them to meet or exceed Ford’s latest offer to raise top wages by more than 30% over the next four years.
By Eric Walz • Oct. 26, 2023 -
GM, Stellantis furlough another 660 workers due to UAW strike
Stellantis furloughed 525 autoworkers at two stamping plants that provide parts for the Ram 1500. General Motors furloughed 139 workers at a stamping plant that makes parts for its full-size SUVs.
By Michael Brady • Oct. 25, 2023 -
Umicore to build battery materials plant in Ontario
The company has already secured a supply partnership with BMW for components produced at the facility.
By Joelle Anselmo • Oct. 24, 2023 -
GM abandons plan to build 400,000 EVs by mid-2024
The automaker blamed lower demand for its decision to curb its EV production goals. GM’s EV production climbed 40% from Q2 to Q3, while EV sales grew 28%.
By Eric Walz • Oct. 24, 2023 -
GM assembly plant in Texas shuts down after 5,000 UAW members strike
The strike at GM’s largest and most profitable plant stopped production of the automaker’s full-size SUVs.
By Michael Brady • Oct. 24, 2023 -
GM delays EV production at Michigan plant to 2025
General Motors says it needs time to better manage capital investment related to EV demand and implement engineering improvements to increase profits.
By Eric Walz • Oct. 19, 2023 -
American Battery Technology Company opens battery recycling plant
The Nevada plant will process up to 20,000 tons of battery feedstock annually into materials like copper, aluminum and steel.
By Joelle Anselmo • Oct. 19, 2023 -
Tesla’s profits decline 44% in Q3 thanks to aggressive price cuts
The automaker doesn’t expect the upcoming launch of the Cybertruck to boost the company’s revenue anytime soon.
By Eric Walz • Oct. 19, 2023 -
Ford temporarily lays off 150 more workers at Sterling Axle Plant
The automaker blamed the United Auto Workers strike at its Kentucky Truck Plant for the furloughs.
By Michael Brady • Oct. 19, 2023