Ford changes tune, to keep AM radio on 2024 models
Ford CEO Jim Farley said the company is reversing a decision to scrub AM after speaking with government policy leaders who are concerned about keeping emergency alerts.
Automakers
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Report: Massive EV battery plant in Indiana on hold
The Wall Street Journal first reported Friday that General Motors Co. and Korea-based LG Energy Solution failed to come to an agreement on building a fourth plant through their Ultium Cells joint venture.
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Reformers take 6 of 14 UAW board seats, could win majority
The reform candidates campaigned on taking a more confrontational stance in bargaining with Detroit’s three automakers. The adversarial stance is likely to raise costs for General Motors, Ford and Stellantis, which almost certainly would be passed on to consumers.
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GM to spend $491M to support EV production at Indiana plant
The company said it will add two press lines at its Marion Metal Center and invest in upgraded equipment to equip new and future electric vehicle models, including the Chevrolet Silverado EV, GMC Hummer EV, Hummer EV SUV, and Cadillac Lyriq.
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Cummins completes $3.7B Meritor acquisition
Cummins said it plans to accelerate the growth of Meritor’s core axle and brake businesses around the world.
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Articles
U.S. rejects $200M grant to battery maker over alleged ties to China
The company is building a battery plant in Tennessee and was in talks with the Energy Department for a $200 million grant funded through the 2021 infrastructure law.
Bipartisan bill aims to require AM radio in new cars
The proposed “AM for Every Vehicle Act” arrives as more and more automakers say goodbye to AM radio in newer car models.
Biden set to propose toughest-ever rules on car pollution to spur EVs
Automakers are cautioning that the trajectory for EVs and emission reductions depends on factors outside their control, including investments in charging infrastructure and critical mineral production.
Indiana native wins close race to lead United Auto Workers union
A court-appointed monitor declared challenger Shawn Fain the winner over incumbent Ray Curry. Fain’s slate of candidates won control of the big union, as workers rejected most incumbents in the wake of a bribery and embezzlement scandal.
Tesla recalling nearly 363K vehicles to fix self-driving system
The recall, part of part of a larger investigation by the National Highway Traffic Safety Administration into Tesla’s automated driving systems, is the most serious action taken yet against the electric vehicle maker.
U.S. official warns of risks posed by heavy electric vehicles
The extra weight that EVs typically carry stems from the outsize mass of their batteries. To achieve 300 or more miles of range per charge from an EV, batteries have to weigh thousands of pounds.
Rocky ride: Tesla stock on pace for worst year ever
The company’s results have been solid this year in terms of profit and revenue, but electric vehicle models from other automakers are starting to chip away at Tesla’s dominance of the U.S. EV market.
GM CEO Barra says electric vehicles to be profitable by 2025
GM is sticking by a pledge made by Mary Barra to sell more EVs in the U.S. than market leader Tesla by the middle of the decade.
Cheaper electric vehicles coming despite high battery costs
The latest announcement came Thursday from General Motors, a Chevrolet Equinox small SUV with a starting price somewhere around $30,000 and a range-per-charge of 250 miles.
California, Washington plan to prohibit sales of new gas vehicles by 2035
The move by the California is likely to reshape the U.S. auto market, which gets 10% of its sales from the nation’s most populous state.
Chip shortage leaves 95K GM vehicles incomplete in storage
The chip shortage has limited the supply of new vehicles on dealer lots in the U.S. to about 1 million, when in normal years it’s about 4 million at any given time.
New road-safety chief: Agency to scrutinize auto-driver technology
Any new regulations the National Highway Traffic Safety Administration might impose would fill what critics say is an urgent need to address the growing use of driver-assistance systems on U.S. roads.
Solar power from Duke Energy to help power new Kokomo battery plant
Stellantis officials said the clean energy requirement was a critical part of the agreement to locate the operation in Indiana.
Stellantis to make Indiana announcement; might be battery plant
Automaker Stellantis said it will give an update on the future of its Kokomo operations at an Indiana community college on Tuesday afternoon.
Average age of U.S. cars hits record in fifth straight annual increase
Cars on U.S. roads are as old as they’ve ever been, potentially complicating efforts to expand the use of new safety and emissions-reduction technologies.
Mercedes tells owners of 292K vehicles to stop driving them
Mercedes-Benz said the vehicles in question have a problem that could cause the brakes to fail.
Honda outlines $40B strategy to forge ahead on EVs
Efforts in North America will focus on the collaboration with General Motors Co., under which Honda Motor Co. is jointly developing two midsize to large EV models, set for sale in 2024.
Average price for used car climbs past $29K, leaving would-be buyers aghast
When the government reported that consumer inflation rocketed 6.8% in the 12 months that ended in November—the sharpest jump in nearly 40 years—the biggest factor, apart from energy, was used vehicles.
GM cites improved chip supply in raising financial guidance
General Motors raised its outlook Wednesday and said it expects to return to a normal production rate by the end of next year.