Ford CEO Jim Farley and company chair Bill Ford fielded questions from shareholders ranging from concerns about quality to stock price and future products during the virtual annual shareholders meeting Thursday. Perhaps the question most associated with the financial bottom line: “Quality has been an issue for the past two years. What steps have been… Continue reading Bill Ford, Jim Farley took random questions from shareholders during meeting
Category: US Motoring Press
Northwood University offers summer camp for high schoolers to learn automotive industry
High schoolers across Michigan are fueling up and getting ready to rev their engines for a new automotive summer camp taking place this spring at Northwood University. Registration is now open for the Full Tank Automotive Camp, funded by General Motors. The camp takes place over six days from June 11-16 on the university’s Midland… Continue reading Northwood University offers summer camp for high schoolers to learn automotive industry
Ford shareholders reject PETA request for annual report on animal testing process
Despite a plea from Frances Cheng, a science adviser to the People for the Ethical Treatment of Animals (PETA) organization, Ford Motor Co. shareholders overwhelmingly voted Thursday to defeat a proposal that would have requested the automaker issue an annual report to shareholders detailing its animal testing processes. Ford Chair Bill Ford reported that the… Continue reading Ford shareholders reject PETA request for annual report on animal testing process
The UAW’s top negotiator against GM made this pact with his GM counterpart ahead of talks
This content is only available to subscribers. Get unlimited digital access. $1 for the first 3 months. Subscribe Now Your subscription supports: Exclusive investigative reporting that fights for the truth, exposes corruption and gives voice to the voiceless all across Michigan. Comprehensive coverage of Michigan’s auto industry, including in-depth analysis of Ford, GM, and Stellantis’… Continue reading The UAW’s top negotiator against GM made this pact with his GM counterpart ahead of talks
GM launches a new business unit to sell more products to fleet customers
General Motors said Wednesday it is launching a new business called GM Envolve that it expects will streamline operations and provide added revenue. GM Envolve will encompass all of GM’s sales force under one umbrella. It will work directly with business and government fleet customers as a one-stop shop for all of GM’s fleet products… Continue reading GM launches a new business unit to sell more products to fleet customers
Polestar to cut 10% of workforce as delays push upcoming SUV to 2024
Polestar 3 Courtesy: Polestar Swedish electric vehicle maker Polestar on Thursday trimmed its full-year production guidance, saying that its upcoming Polestar 3 SUV will be delayed until 2024 because of software issues. The company also said it will cut about 10% of its workforce to reduce costs. Shares fell sharply following the news and ended… Continue reading Polestar to cut 10% of workforce as delays push upcoming SUV to 2024
Two dead in shooting at Mercedes plant in Germany
A Mercedes S-Class luxury automobile rolls off the assembly line at the Mercedes-Benz Group plant in Sindelfingen, Germany, on Monday, Feb. 13, 2023. Krisztian Bocsi | Bloomberg | Getty Images Two people, both 44, were killed in a shooting at the Mercedes-Benz Daimler factory in Sindelfingen, southern Germany on Thursday, local German police said. The… Continue reading Two dead in shooting at Mercedes plant in Germany
Hyundai explains how it plans to become one of the world’s top three EV makers by 2030
A presenter stand next to Hyundai’s all-electric SUV ‘IONIQ 5’ during its launch at the Auto Expo 2023 on January 11, 2023 in Greater Noida, India. Ajay Aggarwal | Hindustan Times | Getty Images South Korean automaker Hyundai Motor Company is ramping up its production capabilities as it aims to become one of the world’s… Continue reading Hyundai explains how it plans to become one of the world’s top three EV makers by 2030
EGLE hits Stellantis with another air quality violation over Mack Assembly Plant odors
Jeep maker Stellantis NV has received another air quality violation tied to operations at its Mack Assembly Plant on Detroit’s east side, according to a notice posted by the Michigan Department of Environment, Great Lakes and Energy on Thursday. EGLE’s Air Quality Division earlier this week investigated a complaint of “nuisance odors” at the automaker’s… Continue reading EGLE hits Stellantis with another air quality violation over Mack Assembly Plant odors
Tesla shouldn’t call driving system Autopilot, Buttigieg says
Washington — Tesla shouldn’t be calling its partially automated driving system Autopilot because the cars can’t drive themselves, the top U.S. transportation official says. Transportation Secretary Pete Buttigieg says he’s concerned about Tesla’s marketing of the system, which is under investigation by his department in connection with crashes that have caused at least 14 deaths. “I don’t think that… Continue reading Tesla shouldn’t call driving system Autopilot, Buttigieg says