Suppliers: Page 3
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Canada’s rail networks edge closer to disruption
Soon after regulators said any labor action would be legal as early as Aug. 22, CPKC threatened to lock out some workers.
By Larry Avila • Aug. 9, 2024 -
Rivian already sees tailwinds from VW partnership
CEO RJ Scaringe said the EV maker expects to achieve more favorable pricing from its suppliers as a result of the deal.
By Haley Cawthon • Aug. 7, 2024 -
Continental mulls spinoff of its automotive business
The company cited the industry’s software-driven technology transformation as one of the reasons for the potential move.
By Eric Walz • Aug. 6, 2024 -
NXP Semiconductors’ inventory woes persist amid slow auto demand
The company's revenue was down last quarter as its plan to normalize inventory levels takes longer than expected.
By Kate Magill • Aug. 5, 2024 -
GM Ventures leads $39M funding round for battery technology startup
Addionics intends to use the funds to build its global workforce and expand manufacturing and commercialization efforts.
By Haley Cawthon • Aug. 1, 2024 -
Tesla recalls over 1.8M vehicles for faulty hood latch switch
Some vehicles’ software may fail to warn a driver that the lock assembly is unsecured.
By Eric Walz • July 30, 2024 -
Porsche supplier factory flood leads to aluminum shortage
The automaker expects disruptions to continue for several weeks, possibly leading to a manufacturing shutdown for certain vehicle series.
By Kelly Stroh • July 30, 2024 -
GHSP adds VP to stabilize auto supply chain
Ludwing Vergara outlined a four-pronged approach that includes improved cost modeling and closer stakeholder collaboration.
By S.L. Fuller • July 26, 2024 -
GM resumes Missouri production after supplier strike
UAW Local 282 members walked off the job at seat manufacturer Lear Corp. this week, forcing the automaker’s Wentzville Assembly plant to stop production.
By Haley Cawthon • July 26, 2024 -
Elon Musk: CrowdStrike outage caused ‘seizure’ for auto supply chain
Tesla has deleted the cybersecurity software off all of its systems, the CEO said on the social platform X.
By Haley Cawthon • July 23, 2024 -
Construction project abandonments surge
A growing number of developments are also delayed, including VinFast's $2 billion facility in North Carolina.
By Sebastian Obando • July 18, 2024 -
Stellantis recalls 332K vehicles to fix seat belt connector
The problem can prevent the front seat airbag from deploying as intended.
By Eric Walz • July 17, 2024 -
Volkswagen subsidiary PowerCo lands battery tech licensing deal
QuantumScape says its solid state battery technology can allow an EV to travel up to 500,000 kilometers (roughly 311,000 miles) without any noticeable loss of range.
By Eric Walz • July 15, 2024 -
GM shareholders deny 3 ethical supply chain proposals
Responding to the proposals, the automaker defended its existing practices for supplier agreements and operational policies.
By Kelly Stroh • July 15, 2024 -
Automakers accelerate drive for fossil-free steel
Volvo is leading the industry for steel and aluminum decarbonization. Mercedes, Tesla and Ford follow.
By S.L. Fuller • July 12, 2024 -
GM increases supply chain visibility with Optilogic
The Cosmic Frog software enables GM to analyze and solve issues related to suppliers, individual parts and more.
By Kelly Stroh • July 2, 2024 -
Manufacturing is ‘stuck’: June PMI
Caution continues to run through the industry as manufacturers hesitate to spend on labor and production with interest rates still high.
By Kate Magill • July 2, 2024 -
CDK restores service for small group of car dealers
The software vendor said it will restore critical services in phases, but warned some integrations with third-party vendors might be delayed.
By Matt Kapko • June 27, 2024 -
CDK cyberattack stalls industry as car dealers disclose widespread impacts
The car dealership software vendor discovered a cyberattack June 19 and has told customers it will restore systems within days.
By Matt Kapko • June 24, 2024 -
LG launches suite of products for software-defined vehicles
AlphaWare can integrate with existing OEM vehicle systems and help automakers create immersive experiences for drivers and passengers.
By Eric Walz • June 24, 2024 -
Ultium Cells workers ratify UAW contract
The General Motors supplier will pay workers $35 an hour by October 2027 under the ratified deal.
By Haley Cawthon • June 21, 2024 -
Hyundai EV campus fuels Georgia ports volume growth
The automaker’s more than $5 billion manufacturing campus is already driving growth in the state, despite production slated to start in Q4.
By Alejandra Carranza • June 21, 2024 -
Hino Motors to close Arkansas plant, lay off 1,300 workers
The Toyota subsidiary plans to close its largest U.S. plant as it exits the auto parts business.
By Sara Samora • June 20, 2024 -
Former Honda SVP named CEO of Piston Group
Mamadou Diallo will help manage the company’s overall performance, including financial management, planning and reporting.
By Haley Cawthon • June 12, 2024 -
CPKC’s next distribution center to aid automotive growth
The railroad expects the 30-acre facility will help it move finished vehicles more efficiently.
By Larry Avila • June 12, 2024