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Toyota is remaking its EV factories in 6 radical steps

Toyota is radically rebooting its famed manufacturing system for its next generation of Tesla-fighting electric vehicles, due in 2026. Automotive News synthesizes days of company briefings and demonstrations to deliver a step-by-step picture of the p.....»»

Source:  AutonewsCategory: Top6 hr. 5 min. ago Related News

Volvo CEO goes big to promote small crossover

The end product is only six minutes long, but it took Volvo CEO Jim Rowan six 12-hour days to shoot the film......»»

Source:  AutonewsCategory: Top6 hr. 5 min. ago Related News

Lithia"s CEO confident in its deal for Pendragon

AutoNation Inc. last week said it followed rivals Lithia Motors and Penske Automotive Group Inc. into the bidding war for Pendragon......»»

Source:  AutonewsCategory: TopSep 30th, 2023Related News

As others go, Upgrade enters lending market

Upgrade's new auto lending product sources capital from 220 partners ranging from small community banks to asset managers, CEO Renaud Laplanche said......»»

Source:  AutonewsCategory: TopSep 30th, 2023Related News

As the strike expands, UAW and Detroit 3 insults intensify

Ford's CEO accused the union of holding the Detroit 3 hostage over unaffordable demands, as the UAW ordered 7,000 more workers onto picket lines......»»

Source:  AutonewsCategory: TopSep 30th, 2023Related News

Hella promotes Bernard Schäferbarthold to CEO, replacing Michel Favre

Schäferbarthold had been CFO at the German lighting supplier since 2016. Favre is a former executive at Faurecia, which purchased Hella in 2022 and now operates as Forvia......»»

Source:  AutonewsCategory: TopSep 29th, 2023Related News

UAW drops unfair labor practice charges against GM, Stellantis

The union had filed the charges on Aug. 31 with the National Labor Relations Board charging the automakers had refused to bargain in good faith......»»

Source:  AutonewsCategory: TopSep 29th, 2023Related News

GM CEO Mary Barra criticizes UAW strike expansion

GM CEO Mary Barra criticized the UAW's strike expansion, saying it is clear there is no real intent to get to an agreement......»»

Source:  AutonewsCategory: TopSep 29th, 2023Related News

Ford says UAW holding talks hostage

About 7,000 workers at a GM plant in Lansing, Mich., and Ford's Chicago Assembly Plant are joining the strike Friday. They build the Chevrolet Traverse, Buick Enclave, Ford Explorer and Lincoln Aviator......»»

Source:  AutonewsCategory: TopSep 29th, 2023Related News

Automaker group warns NHTSA"s fuel economy proposal could threaten EV transition

The Alliance for Automotive Innovation argues NHTSA's fuel economy standards, if finalized as proposed, could threaten the auto industry's transition to electric vehicles......»»

Source:  AutonewsCategory: TopSep 29th, 2023Related News

Fisker gears up for 300 Ocean EV deliveries a day

After making 5,000 crossovers, Fisker is adding staff and locations in the U.S. and Europe. Bank of America sees the Ocean as a strong product but worries about Tesla's aggressive EV pricing......»»

Source:  AutonewsCategory: TopSep 29th, 2023Related News

Unifor sets Oct. 9 deadline for contract talks with General Motors

Negotiations between the union and the U.S. automaker resumed after workers at Ford Motor Co. of Canada voted to approve a new contract......»»

Source:  AutonewsCategory: TopSep 29th, 2023Related News

UAW poised to expand Detroit 3 strike

UAW President Shawn Fain, in a video address Friday, said the union will walk out at Ford's assembly plant in Chicago that builds the Ford Explorer and Lincoln Aviator, and a GM factory near Lansing, Mich., where the Chevrolet Traverse and Buick Encl.....»»

Source:  AutonewsCategory: TopSep 29th, 2023Related News

Hail damages $27 million in inventory at Penske Automotive stores in Texas

The Penske Automotive Group stores hit this week with severe hail — Round Rock Hyundai/Genesis of Round Rock, Round Rock Honda and Round Rock Toyota — are all on the same campus on North Interstate 35, north of Austin......»»

Source:  AutonewsCategory: TopSep 29th, 2023Related News

Toyota, Mitsubishi, Infiniti, Ford car dealerships sell

Two of the transactions involved first-time dealership owners and another saw a company add two stores......»»

Source:  AutonewsCategory: TopSep 29th, 2023Related News

New TrueCar CFO is Oliver Foley

TrueCar has hired Oliver Foley as its CFO continuing its leadership shuffle. He starts Oct. 30......»»

Source:  AutonewsCategory: TopSep 29th, 2023Related News

Boon or burden? Automakers" use of right of first refusal in dealership buy-sells aids some, hinders others

The right of first refusal in dealership buy-sells has helped minority dealers acquire stores, some their first, and is a tool many automakers say can help them manage their franchises. But others say an increased use of the tool can hurt factory-dea.....»»

Source:  AutonewsCategory: TopSep 29th, 2023Related News

Economists weigh in on UAW strike Q4 impact

The U.S. has avoided a recession thus far in 2023, thanks to consumer resiliency and a strong job market. However, industry economists are watching to see whether the UAW strike and other events will detract from growth — and how wholesale used-car.....»»

Source:  AutonewsCategory: TopSep 29th, 2023Related News

Tesla sued by U.S. civil rights agency for race discrimination at Calif. plant

Equal Employment Opportunity Commission said in a lawsuit Tesla subjected Black workers “to severe or pervasive racial harassment” and alleged Tesla unfairly retaliated against workers who complained......»»

Source:  AutonewsCategory: TopSep 29th, 2023Related News

Auto industry faced with more uncertainty if government shuts down

Congress needs to pass a spending bill before Sunday to avoid a shutdown. However, lawmakers remain at odds over the funding, with some House Republicans pushing for deep spending cuts that are unlikely to survive in the Democratic-controlled Senate......»»

Source:  AutonewsCategory: TopSep 28th, 2023Related News