New leadership named at Subaru of Indiana Automotive
The company, which has 6,000 employees in the state, has named a new chairman and CEO, and a new president and chief operating officer.
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UAW members overwhelmingly approve new contract with Allison Transmission
More than 81% of United Auto Workers Local 933 members voted Tuesday to ratify a new employment contract with Indianapolis-based Allison. The members had been working under the terms of a previous contract that expired in mid-November.
Big Detroit auto show abandons September date and will move back to its roots in January
The next North American International Auto Show is now scheduled for Jan. 10 through Jan. 20 next year, organizers said Thursday.
For consumers shopping for EVs, new rules mean fewer models qualify for tax credit
Qualifying for the credits depends on requirements related to their battery makeup and minerals that get tougher each year.
New vehicle sales rise 12% despite high prices, interest rates, auto strikes
Auto sales had their biggest year-over-year increase in more than a decade in 2023, yet sales still haven’t returned to the numbers seen in the years before the pandemic.
UAW members at Allison Transmission gear up for strike if contract talks don’t progress
The 1,500 members of UAW Local 933 are making plans to walk out at Allison Transmission if the company doesn’t meet the union’s demands.
Electric vehicle models eligible for $7,500 tax credit cut to 13
Narrower criteria reduced the number of qualifying models to 13 from about two dozen, according to federal data. The new rules exclude from the tax credit vehicles that use battery components made by Chinese manufacturers.
2023 Newsmaker: Former Kokomo union worker leads strikes against automakers
Shawn Fain, a union firebrand from Kokomo, first shocked organized labor in March by being elected the United Auto Workers’ national president. Then he surprised the Big Three automakers by organizing a strategic strike.
Auto dealer creates program targeting technician shortage
The National Automobile Dealers Association says the automotive and truck retail industry needs to replace nearly 76,000 techs annually to keep up with retirements and new job demand.
EV transition cools as demand slows, automakers trim production
U.S. sales of fully electric cars are still growing at a fast clip—they are up by more than 50 percent this year over 2022—but automakers say growth has slowed in recent months, prompting them to trim their production plans and pause some investments.
Carmakers fight massive air bag recall that could cost $10B
Companies like General Motors Co. and Ford Motor Co. said in letters to the National Highway Traffic Safety Administration released Wednesday that there’s no proof that the parts made by ARC Automotive Inc. are defective.
Tesla recalls nearly all vehicles sold in U.S. to fix Autopilot monitoring system
The recall of more than 2 million vehicles comes after a two-year investigation by the National Highway Traffic Safety Administration into a series of crashes that happened while the Autopilot partially automated driving system was in use. Some were deadly.
Ford cuts electric F-150 plans in ominous sign for EV market
CEO Officer Jim Farley said the robust EV demand the company expected hasn’t materialized because potential buyers are balking at high prices and spotty charging infrastructure.
House backs GOP bill to block EPA rule on tailpipe pollution
The EPA says it is not imposing an EV mandate, but Republicans say the plan favors EVs and punishes gas engines, forcing Americans into cars and trucks they can’t afford.
Proposed rules aimed at curbing China could make it harder to get full EV tax credit
Plans outlined by the departments of Treasury and Energy would limit electric vehicle buyers from claiming the full tax credit if they purchase cars containing battery materials from China and other countries that are considered hostile to the United States.
Ford says UAW strike cut sales by 100,000 vehicles, cost company $1.7B in profit
Additional labor costs from the agreement will total $8.8 billion by the end of the contract, translating to about $900 per vehicle by 2028, Ford Chief Financial Officer John Lawler said in a company release.
UAW announces drive to organize Toyota, Subaru and dozen other automakers
The UAW unveiled a website where workers at 13 different companies can electronically sign union authorization cards in a first step toward attempting to organize their factories.
General Motors says autoworker strike took $1.1B bite out of earnings
The company said it expects to absorb increased labor costs and have enough left to buy back stock worth nearly one quarter of the company’s $44 billion market value.
Consumer Reports: EVs less reliable, on average, than conventional vehicles
The survey found that electric vehicles from the 2021 through 2023 model years encountered nearly 80% more problems than did vehicles propelled by internal combustion engines.
Car dealers press Biden to ease U.S. electric vehicle mandates
A group of 3,700 auto dealers is calling on the Biden administration to pull back on federal regulations that will mandate that two out of every three vehicles sold in the United States in 2032 will be battery electric.