The industry's plans to electrify powertrains has some big suppliers looking for opportunities in the battery world and developing innovations in the process.
Mitsubishi Motors North America CMO Kimberley Gardiner discusses the automaker's revamped marketing efforts, opportunities for dealers and the benefits of being a small fish in a big automotive pond.
UAW leaders have agreed to close one of the training centers that the union formed with the Detroit 3 in the 1980s. It likely signals the end, or at least a major overhaul, of the other two as well.
The so-called BT1 electric truck/SUV program is the centerpiece of a planned $3 billion investment in the Detroit-Hamtramck plant to make electric trucks and vans, and part of a broader $7.7 billion investment in GM's U.S. plants over the next four years.
The justices said they will hear an appeal from Seila Law, a law firm being investigated by the CFPB over its sales pitches to indebted consumers. The firm is trying to derail the probe by arguing that the bureau was set up in violation of the constitutional separation of powers.
Evans, responsible for a series of aggressive initiatives, will pursue a new business opportunity, the company said Friday. COO Brian Smith will fill in on an interim basis.
In addition to its lost production, Nemak said the strike could ultimately cost the company $8 million to $12 million.
The supplier estimates lost sales from the ongoing GM strike to be $7 million to $8 million per week.
Michigan Gov. Gretchen Whitmer said GM has been "mulling over what it would take" to retool the 34-year-old Detroit-Hamtramck plant. The governor said she's open to tax incentives for GM to retool the plant if it produces "jobs and real investment in this state."
The seating supplier said all non-plant, salaried employees in the U.S. will not be working or receive pay for the weeks of Thanksgiving, Nov. 25-29, and New Year's, Dec. 30-Jan. 3.
The seeds of the problem are buried deep in the financial crisis, when in the midst of the worst economic downturn since the Great Depression, automakers slashed production. A decade later, that has made a relative rarity of used 10-year-old vehicles that are typically more affordable for low-wage earners.
Despite a strong SAAR, NADA Chairman Charlie Gilchrist says growing in a slightly-declining market presents pricey challenges for dealers who are facing higher sales targets.
Penske Automotive Group plans next year to expand its Women's Wellness Week initiative to more female employees.
Automakers and suppliers are investing billions to increase battery-making capacity in the U.S. and states want a piece of the pie.
From disaster in Daytona to glory at Le Mans, Ford's racing director said the latest incarnation of its legendary supercar "absolutely" accomplished what officials intended: win
Sean Goodman will resign effective Nov. 15 to take a position outside the automotive industry, the dealership group said.
Options that are being considered for the supercar brand include a sale or stock listing, Bloomberg reported.
As part of the deal, China would significantly step up purchases of U.S. agricultural commodities, agree to certain intellectual-property measures and concessions related to financial services and currency, Trump said.
GM's strategy during the strike has put most of the pressure to reach an agreement on the union's side of the bargaining table.
The reason it was even conceivable for Dyson to make an electric car may also have been why its project was doomed to fail: They're simply too easy to make.