America's Automotive Titans Struggle Amidst Foreign Competition and Policy Dilemmas
The recent woes faced by America's leading automakers - Ford, General Motors, and Stellantis - have gone largely unnoticed amidst their impressive profits.
Auto Supplier BorgWarner Cautions on Potential Impact Amid Expanding UAW Strike
Automotive supplier BorgWarner anticipates a relatively modest impact from the United Auto Workers (UAW) strikes at present.
German automotive giant Volkswagen unveils $193 billion investment plan for EVs
Meant to be spread out over five years, the plan to invest nearly $200 billion in the electrification transition comes on the heels of a 13% increase in operating profit year-over-year.
Cash out or move on: GM offers buyouts to cut costs
In January, GM CEO Mary Barra told analysts that the company wasn’t planning for any layoffs. Seems that things have quickly changed!
AAA study shows that most Americas are fearful of automated vehicle technology on the road
These results are somewhat surprising, considering many of those same individuals are interested in the technology that powers those systems.
National Highway Traffic Safety Administration recalls 350k+ Teslas, but is it too little too late?
Regulators have been”slow to act” in response of publically documented and criticized defects with Tesla’s Full Self-Driving (FSD) beta software.
Tesla Model 3 & Toyota EV models dominate the market
According to Consumer Reports Top 10 Picks for cars, these automakers are at the top of the list for consumers.
EV automakers need to consider difficult sourcing decisions globally
EV supply chains are complex, with many components sourced from a range of suppliers around the world.
Ford’s electric pickup F-150 Lightning production has been paused
Long-awaited shipments of the F-150 Lightning have been halted abruptly as a potential problem with the vehicle’s battery pack has been identified.
Tesla’s price cut was fun while it lasted
The U.S. government has adjusted rules for EV tax credits, allowing for versions of the small SUVs to be eligible.
North American automaker giant GM warns EV production hindered until late 2023
General Motors executives are stating that the company will be unable significantly increase its EV production until its US battery cell production plants are finished construction.
Nevada to become home to $650M GM-sponsored lithium mine
General Motors is investing a whopping $650M into Canada-based Lithium Americas and creating a partnership to develop the Thacker Pass mine in Nevada.
Once the EV pioneer in the manufacturing space, Toyota's reputation has declined
Toyota has been slow to develop and bring electric vehicles to market, compared to other major automakers.
Ford accused of using relationship with Chinese CATL to undermine the IRA legislation
Virginia Governor Glenn Youngkin is speaking out after withdrawing his state from consideration for the highly-anticipated electric-vehicle battery plant as a joint venture between Ford Motor Co. and Contemporary Amperex Technology Co. Ltd. (CATL).
Toyota’s new gig: meeting sustainability goals by converting old models into EVs
Why throw blueprints away, right? Chief Executive Akio Toyoda spoke of the company’s accelerated plan to meet sustainable vehicle goals by replacing the innards of vehicles already being manufactured in their factories.
EVs were the big winners at the 2023 North American Car, Truck, and Utility of the Year awards
With fifty judges from the United States and Canada’s auto journalism sector, the finalists were chosen due to innovation, design, safety, handling, driver satisfaction, user experience, and value.
China’s EV industry is skyrocketing
With massive investments in electric vehicle manufacturing, china is leading the globe in its race to electrify the streets.
General Motors Co. steals the crown from Toyota Motor Corp.
While both automakers had double-digit increases in Q4 American sales, GM’s grew by 3% and rounded out at a solid 2.3 million units sold.
Automotive industry shift to EVs sparks massive domestic factory push
Approximately $33 billion was pledged for new factory development in the automotive sector in the first eleven months of 2022, according to the Wall Street Journal.
Toyota’s global output hits record in November, but uncertain future remains
The threats of incoming shortages are still prevalent, even after Toyota Motor Corp.’s announcement.