Suppliers: Page 13
-
Retrieved from General Motors Canada on August 28, 2023
Unifor members approve strike against GM, Ford, Stellantis
About 18,000 Canadian autoworkers voted overwhelmingly to walk off the job if the union can’t make a deal with the Big Three.
By Michael Brady • Aug. 28, 2023 -
UAW, Ultium Cells agree to 25% wage increase
After six months, production operators at Ultium Cells will make $21 per hour, which would have taken seven years to reach before the agreement.
By Eric Walz • Aug. 28, 2023 -
Inflation Reduction Act: mapping the manufacturing law’s impact 1 year later
Investments focused on electric vehicle or battery manufacturing represented more than 60% of the publicly announced projects linked to the IRA.
By Kate Magill , Julia Himmel • Aug. 28, 2023 -
Hyundai investing $290M to upgrade Alabama assembly plant
The investment will prepare the facility to produce the fifth generation of its Santa Fe gas-powered sport utility vehicle.
By Sara Samora • Aug. 24, 2023 -
Stellantis picks AGI to install EV chargers at US dealerships
The automaker wants to prepare over 2,600 dealers to sell and service electric vehicles.
By Eric Walz • Aug. 24, 2023 -
Battery startup Northvolt raises $1.2B for Europe, North America expansion
The company, co-founded by former Tesla executives, has over $55 billion in electric vehicle battery orders from major automakers, including BMW, Volvo Cars and Volkswagen Group.
By Eric Walz • Aug. 23, 2023 -
UAW strike would have domino effect on suppliers
Many auto suppliers, already experiencing economic instability, are unprepared for a strike and may turn to layoffs to deal with a work stoppage.
By Kalena Thomhave • Aug. 22, 2023 -
Continental may sell ContiTech amid electric vehicle shift: report
ContiTech, which makes industrial and automotive rubber, plastic, metal and fabric components, posted sales of about $7.2 billion in 2022.
By Eric Walz • Aug. 22, 2023 -
Hyundai supplier to invest $114M in expanding Alabama operations
The project will add a new production building at Shinhwa Auto USA's Auburn site and expand the driveshaft manufacturer's die-casting operations.
By Sara Samora • Aug. 22, 2023 -
Continental, AWS aim to accelerate automotive software development with virtual tools
The auto supplier and Amazon Web Services said the virtual Electronic Control Unit Creator could reduce development time by up to 12 months.
By Eric Walz • Aug. 18, 2023 -
Ford, SK On, EcoProBM partner on Canada EV battery facility
The nearly $1 billion factory in Québec will produce cathode materials for the automaker and help shorten its North American supply chain.
By Kate Magill • Aug. 18, 2023 -
Stellantis invests $100M in world’s largest geothermal lithium mining project
Lithium mining company Controlled Thermal Resources developed a more environmentally friendly process to extract lithium from geothermal brine.
By Eric Walz • Aug. 17, 2023 -
ICL breaks ground on $400M St. Louis battery materials plant
The Israel-based manufacturer will produce materials for LFP batteries at the 140,000-square-foot site.
By Kate Magill • Aug. 15, 2023 -
Continental posts a 10.4% sales jump on strong tire business
As global vehicle production recovers from supply chain setbacks, the company’s auto parts and tire business increased in Europe, China and the U.S.
By Eric Walz • Aug. 11, 2023 -
Hyundai Mobis to supply Volkswagen with EV battery system assemblies
Volkswagen’s next-generation electric vehicle platform will include the components, which will be built at a factory in Spain.
By Eric Walz • Aug. 10, 2023 -
Railroads, car haulers scramble to meet auto delivery demands
Automakers have complained of delayed vehicle deliveries to dealerships. Rail carriers say they are fixing the problems, while trucking tries to seize an opportunity.
By Larry Avila • Aug. 10, 2023 -
Stellantis launches ‘bproauto’ private-label parts brand in North America
The automaker’s second-line brand of aftermarket parts will cost less than original Mopar parts and will include components made for vehicles from other automakers.
By Eric Walz • Aug. 9, 2023 -
Hyundai, Kia invest $50M in semiconductor startup Tenstorrent
The automaker plans to use Tenstorrent’s technology to jointly develop AI chiplets and optimized semiconductors.
By Eric Walz • Aug. 8, 2023 -
Hyundai supplier plans $170M facility in Tennessee
Hanon Systems’ fourth U.S. facility will produce automotive thermal solutions for EV makers in North America.
By Sara Samora • Aug. 8, 2023 -
Porsche eyes $3.3B EV battery plant in US
The German luxury carmaker is also weighing options at home and in Canada for its planned factory.
By Sebastian Obando • Aug. 3, 2023 -
Paccar projects boost in production for 2023
Despite lingering supply chain issues, the OEM aims to build at least 290,000 Class 8 trucks for the U.S. and Canada.
By David Taube • Aug. 2, 2023 -
GM blames automation supplier for EV production delays
CEO Mary Barra said the third-party issue surprised the automaker, but it's "not walking away" from its 400,000 EV production target.
By Megan Ruggles • July 31, 2023 -
Waymo redirects focus to self-driving cars at the expense of trucking
The tech company, under Google parent firm Alphabet, is pushing back its timeline and operations for commercializing autonomous tractor-trailers.
By David Taube • July 27, 2023 -
Stellantis, Samsung SDI plan second US gigafactory
The automaker is shoring up battery manufacturing capacity to meet its EV production targets.
By Megan Ruggles • July 25, 2023 -
Foxconn to take 50% stake in ZF Group’s passenger vehicle chassis unit
The move is part of Foxconn’s diversification strategy, which includes expanding its automotive business and taking a 5% share of the global EV market by 2025.
By Eric Walz • July 25, 2023