This content is only available to subscribers. $29 for one year. Save 76%. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY Sports+ at… Continue reading Ford Land CEO talks new workspace, consolidation as he says goodbye
Author: Detroit Free Press Online
GM forms 2 new partnerships that will create new factories in US
General Motors announced Thursday two new partnerships with manufacturers of raw materials used in electric vehicles that it says will increase its cost efficiency, be environmentally sustainable and create jobs. As part of those partnerships, GM said its new partners will each build a new factory in the United States — one in Fort Worth, Texas, and the other location yet to… Continue reading GM forms 2 new partnerships that will create new factories in US
Bill Ford could have sold automaker stock for $18M. He paid $20M to keep it instead.
Bill Ford, executive chair of Ford Motor Company, dramatically expanded his personal investment in the automaker on Wednesday, according to a federal regulatory filing. He opted to exercise nearly 2 million stock options granted to him as part of his executive pay package. A large portion of the options were set to expire soon and have no value… Continue reading Bill Ford could have sold automaker stock for $18M. He paid $20M to keep it instead.
Stellantis CEO in Detroit: COVID-19 pandemic shows people want cars
For Carlos Tavares, the man who controls the fate of Jeep, Ram, Chrysler and Dodge, the pandemic, and what it has wrought, has been eye-opening. Crises, which began with COVID-19 and spread into the semiconductor shortage that has tested the resilience of the supply chain, driven up vehicle prices and limited what vehicles are on dealer lots,… Continue reading Stellantis CEO in Detroit: COVID-19 pandemic shows people want cars
GM’s self-driving subsidiary fires back at accusations it is violating laws
General Motors’ subsidiary Cruise said Monday it is following the law in testing driverless cars in San Francisco and it will push on with its application to start a robotaxi service there. Cruise, based in San Francisco, has been developing self-driving cars for the past several years for the purpose of starting a commercial robotaxi service in the city. In… Continue reading GM’s self-driving subsidiary fires back at accusations it is violating laws
Ford to begin bringing back most salaried workers in March with new office model
Ford Motor Co. told its salaried employees Monday that work life will begin returning to post-pandemic normal — sort of. The automaker is planning to start a hybrid work model in March that allows workers to combine an off-site work schedule with an on-site work schedule, as demands require. No one will go to the office… Continue reading Ford to begin bringing back most salaried workers in March with new office model
GM to build a new factory in North America in new joint venture in EVs
General Motors will build a new factory in North America as part of an upcoming joint venture with a South Korean chemical manufacturer. GM said Wednesday it signed a “non-binding term sheet” to create a joint venture with POSCO Chemical. The automaker expects to execute definitive agreements soon, likely by the first quarter of next year, said Doug Parks, GM’s executive… Continue reading GM to build a new factory in North America in new joint venture in EVs
GM tells dealers it will offer heated seats on more 2022 vehicles after all
General Motors pulled a multimillion-dollar rabbit out of its hat Friday, telling its dealers it has figured out a way to resume offering two popular features on its vehicles. The move could keep some of Cadillac, Chevrolet, Buick and GMC’s most loyal and affluent buyers from defecting to other automakers. Starting in the first half of… Continue reading GM tells dealers it will offer heated seats on more 2022 vehicles after all
Stellantis recalls more than 246,000 Ram Heavy Duty trucks to replace fuel pumps
Stellantis has launched a recall of more than 246,000 Ram Heavy Duty and Chassis Cab trucks to replace their fuel pumps because of wear that can lead to stalling or keep them from starting. The 2019 and 2020 model year trucks being recalled are equipped with 6.7-liter Cummins diesel engines, according to a Stellantis news… Continue reading Stellantis recalls more than 246,000 Ram Heavy Duty trucks to replace fuel pumps
Entrepreneur goes from GM’s C-suite to making a new EV at old Hummer plant
This content is only available to subscribers. $1 for 6 Months Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY Sports+ at no additional… Continue reading Entrepreneur goes from GM’s C-suite to making a new EV at old Hummer plant