Ford Motor Co. often touts its customer loyalty but Tesla just stole the crown for “Overall Loyalty to Make” from the Dearborn automaker after 12 years of Ford domination, according to the S&P Global Mobility annual Automotive Loyalty Awards announced Monday. Meanwhile, General Motors retained the title for “Overall Loyalty to Manufacturer” for the eighth… Continue reading Tesla takes customer loyalty title from Ford, ending Dearborn automaker’s 12-year streak
Author: Detroit Free Press Online
EVs will still get a break when DTE switches to new electric rates in March: What to know
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Stellantis paid millions to CEO Tavares last year, but a lot more to former executive
Stellantis CEO Carlos Tavares had total compensation of $24.8 million (23.5 million euros) in 2022, which is 365 times that of the average employee, according to a U.S. Securities and Exchange Commission filing Friday evening. But Stellantis paid more money last year to Mike Manley, the former CEO of Fiat Chrysler Automobiles, as part of… Continue reading Stellantis paid millions to CEO Tavares last year, but a lot more to former executive
Driving a hybrid could save you money vs. an EV — depending on where you live
Depending on where you live, you might spend less on fuel driving a hybrid than an electric vehicle, according to a new study by Consumer Reports magazine. For instance, a driver of a Toyota Corolla hybrid compact sedan living in Massachusetts would spend less on gasoline annually than the owner of a Nissan Leaf SV… Continue reading Driving a hybrid could save you money vs. an EV — depending on where you live
GM’s plan to deploy self-driving Cruise Origin on hold as feds weigh exemption request
General Motors’ mission to get 5,000 self-driving Cruise Origin vehicles in cities nationwide hangs on whether federal regulators will grant the automaker’s request to exempt the vehicle from federal safety standards. GM plans to start building the Origin at Factory Zero in Detroit/Hamtramck this year but needs approval from the National Highway Traffic Safety Administration… Continue reading GM’s plan to deploy self-driving Cruise Origin on hold as feds weigh exemption request
Ford supply chain exec departs, F-150 Lightning plant still closed
Annie Liu, a former head of supply chain, battery and energy at Tesla who joined Ford Motor Co. last year, left her role with the Dearborn automaker this week, the Detroit Free Press confirmed Friday. Liu was executive director of purchasing for the Ford Model e line of all-electric products and technology. “I spoke with Annie last… Continue reading Ford supply chain exec departs, F-150 Lightning plant still closed
Biden administration pushed Mexico to act in case involving Detroit-area auto supplier
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY… Continue reading Biden administration pushed Mexico to act in case involving Detroit-area auto supplier
UAW to increase strike pay as union gears up for Detroit Three bargaining
Months after delegates at last year’s UAW convention reversed a strike pay increase that had been approved only a day earlier, the union’s International Executive Board has decided to up the pay to $500 per week, the amount that had originally been OK’d at the convention. The increase, from $400 per week, is something that… Continue reading UAW to increase strike pay as union gears up for Detroit Three bargaining
Stellantis said it made $18B in net profit in 2022
Stellantis said its net profit jumped 26% in 2022 to almost $18 billion (16.8 billion euros) compared with its 2021 results. The automaker offered a rosy assessment of the past year as well as what’s to come in 2023 as it released its earnings early Wednesday for the year. The company’s guidance for 2023 listed… Continue reading Stellantis said it made $18B in net profit in 2022
Stellantis workers to get profit-sharing of $14,760
Stellantis’ UAW-represented workers are set to receive profit-sharing checks this year that could hit $14,760, the largest payout per worker among the Detroit Three automakers. That amount, announced Wednesday, represents an increase from 2022, when the company said checks would total $14,670. At that time, the company said it was the largest profit-sharing amount the… Continue reading Stellantis workers to get profit-sharing of $14,760