Troy — Analysts at Cox Automotive are expecting a much brighter year for U.S. auto sales in 2023 with an improvement in fleet sales leading to expected sales of 15 million, up from the previous prediction of 14.1 million. The new forecast is an improvement from 2022’s dismal sales total of 14 million, which was… Continue reading Cox Automotive increases its 2023 new-vehicle sales forecast
Author: Detroit News Online
Lordstown Motors files for Chapter 11 bankruptcy protection
Lordstown Motors shares plummeted after the electric-vehicle maker once hailed by President Donald Trump for saving automaking jobs filed for bankruptcy. Lordstown Motors shares plummeted after the electric-vehicle maker once hailed by U.S. President Donald Trump for saving automaking jobs filed for bankruptcy. The move to seek Chapter 11 protection from creditors follows a protracted… Continue reading Lordstown Motors files for Chapter 11 bankruptcy protection
Ex-Audi boss convicted of fraud in automaker’s diesel emissions scandal
Berlin — Former Audi boss Rupert Stadler was convicted of fraud Tuesday in connection with the automaker’s diesel emissions scandal, making him the highest-ranking executive found guilty over cars that cheated on emissions tests with the help of illegal software. A German court handed Stadler a suspended prison sentence of 21 months and ordered him… Continue reading Ex-Audi boss convicted of fraud in automaker’s diesel emissions scandal
GM leader who expanded fleet business to retire after 39 years
Ed Peper, a long-time General Motors Co. leader who’s the U.S. vice president of the automaker’s new business GM Envolve, is retiring effective Sept. 1 after 39 years with the company. Peper, 61, has led GM Envolve, a new business unit encompassing products, technologies and services that can help its fleet customers, since its launch… Continue reading GM leader who expanded fleet business to retire after 39 years
Ford informs salaried workers of pending job cuts focused on engineering roles
This content is only available to subscribers. Get unlimited digital access. $1 a month for the first 12 months. Subscribe Now Your subscription supports: Trusted, up-to-date local Detroit and Michigan-wide breaking news. Accurate, fact-based journalism without an agenda, so you get the information you need to make informed decisions. Complete coverage and commentary on Michigan… Continue reading Ford informs salaried workers of pending job cuts focused on engineering roles
Stellantis completes installation of more emissions controls at smelly new Jeep plant
Stellantis NV has completed installation of a second set of equipment to destroy odor-contributing compounds in the paint shop of the new Jeep plant in Detroit, the automaker announced on Monday. Neighbors of the Mack Assembly Plant at the Detroit Assembly Complex where Stellantis builds the Jeep Grand Cherokee have complained for roughly two years… Continue reading Stellantis completes installation of more emissions controls at smelly new Jeep plant
AlixPartners: Auto industry must ‘radically’ change to compete with Chinese players
For much of the last decade, electric-vehicle leader Tesla Inc. has been the disruptive force in the automotive industry. But in the coming years, Chinese automakers are likely to become the industry’s greatest disruptor and force to watch. That’s according to an industrywide analysis that global consulting firm AlixPartners included in its 2023 Global Automotive… Continue reading AlixPartners: Auto industry must ‘radically’ change to compete with Chinese players
EV metals will come from dead batteries at new U.S. plant
David R. Baker A new U.S. plant will soon offer a solution for tight supplies of critical metals: Pull them out of dead batteries in a process that produces fewer emissions than competitors. Recycling start-up Nth Cycle is opening its first full-scale plant in Fairfield, Ohio, to produce a mix of nickel and cobalt —… Continue reading EV metals will come from dead batteries at new U.S. plant
UAW’s Fain ousts top lawyer over ‘concealed’ federal probe info
This content is only available to subscribers. Get unlimited digital access. $1 a week for the first 52 weeks. Subscribe Now Your subscription supports: Trusted, up-to-date local Detroit and Michigan-wide breaking news. Accurate, fact-based journalism without an agenda, so you get the information you need to make informed decisions. Complete coverage and commentary on Michigan… Continue reading UAW’s Fain ousts top lawyer over ‘concealed’ federal probe info
Ford cuts undisclosed number of salaried contract employees
Friday marked the last day of work at Ford Motor Co. for an undisclosed number of salaried contractors, the Dearborn automaker confirmed Saturday. The company alerted some workers who are employed by outside agencies that their contracts were not being renewed, as first reported by the Detroit Free Press. Ford declined to comment on the… Continue reading Ford cuts undisclosed number of salaried contract employees