Lucid hires Waymo veteran as CFO
Sherry House, who was treasurer and head of investor relations at Waymo, starts in her new role at Lucid this week......»»
Lucid cuts 2024 prices to expand market for Air sedan
The EV maker is reducing trims from four to three and expanding options packages. The most inexpensive Air is $78,900 with shipping vs. $83,900 for the 2023 model year, Lucid says......»»
Lucid Gravity: Range, charging, price, release date, and more
Another top dog in the world of electric SUVs could be on the way. The Lucid Gravity has been announced, and is set to finally launch next year......»»
Veteran CDK sales exec Mark Hnilicka dies at 71
Hnilicka, who died of complications from Alzheimer's, was a 35-year veteran employee and leader going back to CDK's earlier incarnation as ADP's Dealer Services business......»»
The 2023 Automotive News Leading Women Conference in pictures
This year’s event featured keynote talks from Hyundai Motor America CMO Angela Zepeda and Arezoo Riahi, head of equity, inclusion and diversity at Waymo......»»
Here hires new CEO amid battle with Google to supply maps for self-driving cars
Former Honeywell executive Mike Nefkens will lead the Dutch mapping company, whose shareholders include Audi, BMW, Mercedes-Benz and Bosch......»»
Automotive News hires designer
Chris Moore has joined as a designer......»»
Lucid targets popular niche with Gravity crossover
The startup's slow-selling Air sedan launched with a six-figure price tag and a limited audience. Next year, Lucid will try again with a popular body style and an $80,000 starting price......»»
Altman beats OpenAI board and returns as CEO after stormy exit
OpenAI fires Sam Altman and Microsoft hires him — except Microsoft didn't hire anyone and Altman is now back as OpenAI CEO. Here's what's happened so far, just try to keep up.ChatGPTSo AI really is threatening people's jobs. Sam Altman is the co-fo.....»»
Lucid enters the crossover market with $80,000 Gravity
The startup's second vehicle and first crossover combines luxury, performance, and around 440 miles of range at a price similar to its Air sedan. Production is expected in late 2024......»»
Doug Del Grosso, supply chain turnaround veteran, to retire as Adient CEO
Doug Del Grosso, who took the top job in 2018, will resign effective Dec. 31 and give up his membership on the board. CFO Jerome Dorlack will step into the leadership role......»»
Lucid cuts 2023 production forecast after $631 million Q3 net loss
The startup reduced 2023 guidance for the Air sedan to between 8,000 and 8,500. Previous guidance was "more than 10,000." Lucid said the lower range is more in line with sales expectations......»»
Turnaround veteran Doug Del Grosso to retire as Adient CEO
The president and CEO of automotive seating supplier Adient will retire at the end of the year, leaving the CFO to take the reins of the company.Doug Del Grosso, who took the top job in 2018, will resign effective Dec. 31 and give up his membership.....»»
Lucid joins other automakers by adopting Tesla charging plug
Lucid Motors has become the latest automaker to announce that it will adopt the North American Charging Standard (NACS) for its electric vehicles......»»
Lucid faces tough Q3 earnings call after slow sales, price cuts
The startup is expected to lose $338,000 for every Air sedan it makes this year, according to Bloomberg Intelligence. On the upside, Lucid will present its new Gravity crossover on Nov. 16......»»
Board of GM"s Cruise hires law firm to review regulatory responses
Cruise's board has hired law firm Quinn Emanuel to review Cruise management's responses to regulators investigating the Oct. 2 accident, and technology consultancy Exponent to review Cruise's technology......»»
Lucid job post hints at addition of Apple and Amazon Music to its EVs – more media apps to follow?
A recent job opportunity on LinkedIn posted by Lucid Motors less than 24 hours ago hints at an incoming new media app infotainment for its EV drivers. According to Lucid’s new role of senior product manager, media partner management, one of the key.....»»
Battery startup ONE begins making its own cells in metro Detroit
Our Next Energy Inc., the Novi-based battery startup led by Apple Inc. veteran Mujeeb Ijaz, has started making prototype cells at its Michigan battery plant — an early milestone in its goal to become a homegrown U.S. battery manufacturer......»»
Shyft Group names new CEO amid battery supply woes
Specialty vehicle manufacturer Shyft Group Inc. has found a new president and CEO in John Dunn, a veteran executive in automotive supply who takes the reins of a company mired in supply issues.Dunn, who's been with Shyft since the beginning of the ye.....»»
Lucid launches referral program with vehicle discounts and factory tours
Air EV buyers who use a referral code can get $700 to $1,250 off. Lucid owners who refer new customers can win a tour of Lucid's Arizona factory. EV rival Tesla has used referrals since 2015......»»
Hyundai to build Saudi Arabia plant for EVs, ICE cars
Hyundai is joining Lucid in building a car plant in Saudi Arabia as the Middle Eastern state shifts its economy away from oil......»»