The maker of Jeep and Ram has five years to absorb the roughly 40% increase in costs that electrified vehicles represent before Stellantis NV could face restructuring and job cuts, CEO Carlos Tavares said Wednesday. Tavares and experts have held that not every automaker will be able to make the historic transformation to electric vehicles… Continue reading Stellantis has 5 years to absorb 40% EV cost hike, avoid job cuts, CEO says
Category: US Motoring Press
Ford, Argo AI team with Lyft to launch self-driving robotaxi service in Miami, Austin
Ford Motor Co. and Argo AI will launch a limited robotaxi service on ride-sharing company Lyft’s platform beginning later this year, the companies announced Wednesday. The initial deployment of the service in two cities — Miami later this year, and Austin next year — marks a significant step on Ford’s path to launching a commercial autonomous-vehicle business. The project… Continue reading Ford, Argo AI team with Lyft to launch self-driving robotaxi service in Miami, Austin
Stellantis picks Amazon Alexa executive as chief technology officer
Stellantis has filled a key remaining hole in its leadership since its creation as the world’s fourth-largest automaker in January. Ned Curic, currently vice president of Alexa Automotive at Amazon, is slated to take over as chief technology officer for Stellantis on Aug. 30. Stellantis, which formed from the merger of Fiat Chrysler Automobiles and Peugeot… Continue reading Stellantis picks Amazon Alexa executive as chief technology officer
GM, UAW demand workers at Wentzville mask up again as COVID-19 cases rise
Nearly 4,000 workers at a General Motors plant near St. Louis must resume wearing face masks and social distancing starting late Monday because of an increase in COVID-19 cases in the area. In an alert sent to workers and obtained by the Free Press, the union told plant employees of the change Monday afternoon. The alert read, “We have… Continue reading GM, UAW demand workers at Wentzville mask up again as COVID-19 cases rise
GMC will offer a new full-size all-electric pickup beyond Hummer
Make room for one more all-electric pickup coming to market. General Motors said Monday it will add an all-electric pickup to its GMC brand — beyond the GMC Hummer EV pickup due out in the fourth quarter. In a media call Monday, top GMC executives said the additional electric pickup will be a full-size truck. But they stopped short of giving… Continue reading GMC will offer a new full-size all-electric pickup beyond Hummer
Chevrolet confirms new Corvette coming to market in 2023
Chevrolet confirms it will reveal the “all-new” 2023 Corvette Z06 this fall. Details beyond that are thin, but the possibility and speculation of it being all-electric is out there. General Motors has said it will introduce 30 new EVs by 2025. It has only revealed a handful so far including: GMC Hummer EV pickup, Hummer EV SUV, the Cadillac… Continue reading Chevrolet confirms new Corvette coming to market in 2023
Ford considers sending incomplete cars to dealers. Here’s why
This content is only available to subscribers. $1 for 6 Months. Save 98%. 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. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that interest you… Continue reading Ford considers sending incomplete cars to dealers. Here’s why
Lordstown Motors confirms fed probe of merger, EV pickup orders
Lordstown Motors Corp. disclosed this week federal prosecutors in Manhattan are investigating the electric-truck startup’s vehicle pre-orders and its merger with blank-check company DiamondPeak Holdings Corp. Shares of the Ohio-based company were falling nearly 1%, more than major market indexes, on Friday morning after the company filed an amended registration statement on Thursday. The Securities and Exchange… Continue reading Lordstown Motors confirms fed probe of merger, EV pickup orders
Ford Maverick team ate tons of Oreos while working in secret room
Ford has earned a reputation for building and selling bazillions of pickup trucks, which today are the financial backbone of the 118-year-old automaker. Already its all-new little bitty hybrid pickup is creating a whole new buzz. In the five weeks since Maverick was revealed, consumers have placed 74,100 reservations for the 2022 Ford Maverick pickup, Hannah Ooms told the… Continue reading Ford Maverick team ate tons of Oreos while working in secret room
Rivian delays production start to September, cites chip shortage
Rivian Automotive Inc., the electric pickup maker backed by Amazon.com Inc., is pushing back plans to start production of its debut vehicle, which was supposed to begin this month, until September. The startup also shifted the timeline for its second planned model, an electric sports-utility vehicle, from August until an unspecified time in the fall,… Continue reading Rivian delays production start to September, cites chip shortage