Munich, 29 November 2018: As part of a cross-industry initiative, the companies BMW Group, BASF SE, Samsung SDI and Samsung Electronics have launched a joint cobalt pilot project in the Democratic Republic of the Congo. A contract to this effect between the companies, together with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, will aim… Continue reading BMW Group, BASF SE, Samsung SDI and Samsung Electronics launch cross-industry project to enhance sustainable cobalt mining.
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Top Automotive Industry News for Week of October 29 – November 4, 2018
Here is the most important news associated with the automotive industry
identified by the AEA for the week October 29, 2018 -November 4, 2018.
We hope it helps you stay up to speed on the key developments in our
industry:
-Automotive Manufacturing News-
Every Mid-Size Luxury Crossover and SUV Ranked from Worst to Best
(Car and Driver)
Faraday Future's Rough Road: Funds Sought As Cofounders Depart, Workers
Furloughed
(Forbes)
Ford could provide a 40% return in the year ahead as restructuring
takes hold, Goldman says
(CNBC)
GM memo: We must cut costs, can't wait to see what happens in industry
(Detroit Free Press)
GM Throws Weight Behind Nationwide Electric-Car Quota
(Cars.com)
GM to offer buyout to some workers in cost-cutting move: DJ
(CNBC)
Jaguar Land Rover undergoes $3.2 billion turnaround plan as sales slump
(autoblog)
Tesla electric vehicles will park themselves in 2019, Elon Musk says
(USA Today)
Tesla’s third-largest shareholder says it’s willing to pump more money
into the company
(CNBC)
The brutal and extreme tests Ram, Ford, Chevy run on trucks
(Detroit Free Press)
US regulators subpoenaed Tesla Model 3 production forecasts, data
(USA Today)
Volvo and Baidu join forces to mass produce self-driving electric cars
in China
(CNBC)
-Automotive Evolution News-
Cadillac cancels its car subscription program after just two years
(autoblog)
Ford, Volkswagen explore driverless venture to challenge Tesla, Waymo
(MarketWatch)
GM is making e-bikes as it expands beyond cars
(autoblog)
Hyundai, Kia Motors to develop new solar charging tech for vehicles
(Reuters)
Uber details why its driverless SUV killed a pedestrian and how it's
working to fix safety problems
(LA Times)
Uber says it's ready to start testing self-driving cars again
(Mashable)
VW and Intel's Mobileye Will Launch Autonomous Ride-Hailing Service In
Israel Next Year
(Forbes)
Waymo Gets California's Okay For Human-Free Driving Tests As Robo-Car
Skepticism Rises
(Forbes)
-Automotive Retail News-
5 hottest-selling U.S. vehicles in October: Tesla, Toyota, Subaru make
the list
(USA Today)
FCA, Honda and VW Lead October Auto Sales
(The Detroit Bureau)
GM Financial: More Loans, Fewer Leases in Q3
(Auto Dealer Monthly)
Luxury car owners trade up for American pickups as Ford, GM and Dodge
trucks dominate market
(CNBC)
New Vehicle Prices Continue to Rise in Fourth Quarter
(The Detroit Bureau)
Rising interest rates and prices hurt October auto sales, with SUVs
still faring better than cars
(USA Today)
Rising interest rates pinch U.S. auto sales, consumer confidence
(Reuters)
Vehicle sales reached 11-month high in October
(MarketWatch)
-Automotive Wholesale News-
Car Depreciation Reaches 10-Month High
(Vehicle Remarketing)
Lane watch: Wintry chill hits wholesale prices
(Auto Remarketing)
-Automotive Ownership News-
A Comfortable Place to Spend 38,000 Hours Behind the Wheel
(The New York Times)
-Automotive Enthusiast News-
140-car collection headed to Mecum’s Las Vegas auction
(ClassicCars)
Here are the most Googled car brands of 2018
(autoblog)
-Automotive Servicing News-
AAA offers free Lyft rides to and from repair shops
(autoblog)
New car safety technology saves lives — but can double the cost of
repairs
(NBC)
Stalling prompts recall of 2019 Jeep Cherokees with 2.4-liter engines
(Detroit Free Press)
Subaru, Toyota recall 165,000 U.S. cars with defect that could lead to
engine stalling
(USA Today)
-General Business & Executive News-
Broadcom makes $1 billion patent claim against Volkswagen: Der Spiegel
(Reuters)
New Autotrader Experience Helps Car Shoppers Accelerate Their Deal, Buy
Faster From The Palm of Their Hands
(PR Newswire)
U.S. Auto Industry's October Surprise
(Forbes)
With $50M investment, AutoNation obtains 7% stake in Vroom
(Auto Remarketing)
-AEA Reminder-
Did we miss something? Let us know via our
Contact Us Page >>
. If you have specific important news going public soon that you would like
to share with your fellow AEA Members, submit your
PR Distribution Request >>
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MONTUPET is proud of FORD and BMW-PSA successes
MONTUPET presence in India
Signature of two major contracts with Daimler
Hella and Faurecia to jointly develop innovative interior lighting
Hella and Faurecia to jointly develop innovative interior lighting
Qualcomm’s new $100m investment fund set for on-device AI projects
Qualcomm has launched a new startup fund designed to give on-device artificial intelligence (AI) projects a fighting chance. Featured stories On Wednesday, the US chip maker said the Qualcomm Ventures AI Fund will invest up to $100 million in “startups transforming artificial intelligence.” “The fund will focus on startups that share the vision of on-device… Continue reading Qualcomm’s new $100m investment fund set for on-device AI projects
Ford to shuffle hourly workers to meet SUV demand
Ford to shuffle hourly workers to meet SUV demandEven as General Motors Co. is planning to idle four U.S. plants affecting 3,300 hourly jobs, rival Ford Motor Co. is moving to trim car production without idling a plant.
The automaker plans to move 500 hourly employees from its Flat Rock Assembly Plant where it builds cars to its Livonia plant to build transmissions for in-demand trucks and SUVs. Ford said Wednesday its Flat Rock plant, where it builds the Ford Mustang and Lincoln Continental sedan, will go down to a one-shift schedule in the spring. That will displace 650 full-time hourly employees.
Five hundred of those people will be moved to Ford's Livonia Transmission. The remaining 150 will be offered jobs at other Ford plants, spokeswoman Kelli Felker said Wednesday. The automaker also will shift 500 people to its Kentucky Truck Plant to build full-size SUVs and trucks.
“We have been informed by Ford that due to sales, there will be scheduled work reductions at the Flat Rock, MI and Louisville, KY plants,” UAW Vice President Rory Gamble, head of the union's Ford department, said in a statement. “Our collectively bargained contract provides for the placement of all members displaced by the shift reduction and, after working with Ford, we are confident that all impacted employees will have the opportunity to work at nearby facilities. The UAW will be working with our members to ensure they have continuous work and help minimize, as much as possible, any hardship on members and their families.”
The news comes two days after crosstown-rival GM announced its on-going restructuring would idle three plants that make sedans, a transmission plant in Warren and one of two assembly plants in Oshawa, Ont. The Detroit automaker also plans to eliminate 8,000 salaried workers to reduce costs.
Ford is deep in a restructuring expected to cost the automaker $11 billion, including cuts to the global salaried workforce. According to an internal memo from UAW Local 3000 Chairman Larry Stewart, the UAW expects about 50 positions to open up at Ford's Dearborn Truck Plant, where the automaker builds the F-150.
“Basically everybody who has a job will keep a job,” Felker said.
Congresswoman Debbie Dingell, D-Michigan, in a statement said she was “deeply disturbed” that Ford is eliminating a shift in Flat Rock, but praised the automaker's move to retain jobs.
“Ford’s announcement today continues to be a warning about the strength of the auto industry in this country,” said Dingell. “We all must pay attention to what this means for workers, the industry, and the whole economy.”
The Livonia plant currently builds transmissions for Ford F-150s, Rangers, Navigators and other trucks and SUVs. The automaker is also shifting 500 jobs to its Kentucky Truck Plant from Louisville Assembly Plant in effort to increase Expedition and Lincoln Navigator production by 20 percent.
The Louisville plant, which builds Escape and the Lincoln MKC, will move to a two-shift schedule in the spring.
ithibodeau@detroitnews.com
Twitter: @Ian_Thibodeau
Read or Share this story: https://www.detroitnews.com/story/business/autos/ford/2018/11/28/ford-shuffle-hourly-workers-meet-suv-demand/2138319002/
Ford reshuffles U.S. plants to beef up SUV, truck production
DETROIT, Nov 28 (Reuters) – Ford Motor Co said on Wednesday it will reshuffle workers at several of its plants to meet rising demand for pickup trucks and large SUVs, a process that will require finding new positions for 150 workers displaced by the changes but not result in job cuts. The changes also will… Continue reading Ford reshuffles U.S. plants to beef up SUV, truck production
Schaeffler Acquires Elmotec Statomat GmbH
Home
Top Automotive Industry News for Week of November 5 – November 11, 2018
Here is the most important news associated with the automotive industry
identified by the AEA for the week of November 5, 2018 -November 11, 2018.
We hope it helps you stay up to speed on the key developments in our
industry:
-Automotive Manufacturing News-
First ex-UAW official sentenced in FCA-related scandal; gets 1 year
(Detroit Free Press)
Ford plans construction on Michigan Central Depot by year's end
(Detroit Free Press)
Former Tesla employee charged with embezzling $9.3 million from Elon
Musk's company
(MarketWatch)
Is Toyota Next to Pare Back its Passenger Car Line?
(The Detroit Bureau)
Tesla picks an insider to be chairwoman, fueling doubt Elon Musk will
be reined in
(LA Times)
The gas engine still has a long life to live, Aston Martin CEO says
(CNBC)
VW planning $21K EV to challenge Tesla
(The Detroit News)
VW takes another shot at compact pickup market
(The Detroit News)
White House, California to discuss vehicle emissions rules next week
(autoblog)
Why GM is moving 3,000 workers from Pontiac to Warren
(Detroit Free Press)
-Automotive Evolution News-
8 concept cars that show how technology will dominate the drive of the
future
(CNBC)
Autonomous Cars Face Big Hurdles; They Will Succeed, But When?
(Forbes)
Daimler And Bosch Choose San Jose For Their Silicon Valley Robo-Taxi
Service
(Forbes)
GM's future lineup will run on electricity, drive itself — and fly
(Detroit Free Press)
Mercedes-Benz, Bosch to offer self-driving car rides in San Jose,
California
(USA Today)
Tesla Drivers Report Autopilot Disengaging While Driving Due To
Software Bug
(Forbes)
This Robot Truck Startup May Have An Edge Over Waymo In Bad-Weather
Driving
(Forbes)
Uber rival Taxify says it can grow 100 times bigger in the scooter and
ride-hailing market
(CNBC)
Uber ups its driver perks with 'Pro' program, including free college
education
(USA Today)
-Automotive Retail News-
Better inventory listings, lead management anchor more sales
(Auto Remarketing)
CarGurus Helps Dealerships Solve for Attribution with More Insight
(PR Newswire)
Dealertrack Looks to Speed Car Buying Process
(Auto Finance News)
Jumpstart: Car Buyers Want to Negotiate
(Auto Dealer Monthly)
Lithia and Shift to operate separately and share technology
(Auto Remarketing)
Luxury car owners trade up for American pickups as Ford, GM and Ram
trucks dominate market
(CNBC)
Millennials Spending Big on Cars — With Auto Loans to Match
(The Detroit Bureau)
Used car payments hit record $400 per month as prices top $20,000
(USA Today)
Used-Car Prices Reach 13-Year High in Third Quarter
(Vehicle Remarketing)
Used Vehicle Prices Rising, Pushing Buyers to Look at Leasing
(The Detroit Bureau)
-Automotive Wholesale News-
Compact Van Values Dip at Start of November
(Vehicle Remarketing)
-Automotive Ownership News-
Where your car is most likely to be stolen in every state
(USA Today)
-Automotive Enthusiast News-
Inside the World's Most Valuable Hot Wheels Collection
(Car and Driver)
With millions at stake, car collectors scour Earth for lost classics
(Detroit Free Press)
-Automotive Servicing News-
Mazda to recall 640,000 vehicles globally over diesel engine issue
(Reuters)
Subaru recalls nearly 400K vehicles to fix stalling problems
(Detroit Free Press)
U.S. agency probes 1.7 million GM SUVs over wiper failures
(Reuters)
-General Business & Executive News-
CDK Global Names Brian Krzanich President and Chief Executive Officer
(CDK)
Ford buys electric scooter startup Spin, joining competitors Bird and
Lime
(USA Today)
Harley-Davidson's electric motorcycle signals a big change for the
legendary, but troubled, company
(CNBC)
Tesla’s Booming Model 3 Sales and More This Week In The Future Of Cars
(Wired)
Time Dealer Of The Year
(Automotive News)
VW Considers Investing in Ford-Backed Autonomous Unit Argo
(Bloomberg)
-AEA Reminder-
Did we miss something? Let us know via our
Contact Us Page >>
. If you have specific important news going public soon that you would like
to share with your fellow AEA Members, submit your
PR Distribution Request >>
Have a great week,
Member Services
memberservices@automotiveexecutives.com
Automotive Executives Association
www.automotiveexecutives.com
The Lincoln Aviator suggests the luxury American brand ‘has got its mojo back’
Source: Lincoln
Lincoln Aviator
The Lincoln Aviator is the latest new model from the luxury American brand, and industry watchers say it is yet more evidence that the brand has returned to its roots.
After showing off a concept version of the vehicle at the New York Auto Show in early 2018, the brand is unveiling the production version at the Los Angeles Auto Show on Wednesday.
The Aviator comes as Lincoln is still enjoying the astounding success it has had with the 2018 redesign of the Lincoln Navigator. After Lincoln introduced that vehicle, the company was selling them so fast it was having trouble keeping production up. That momentum has largely continued throughout the year. In the month of October Navigator sales were up 70 percent over the same month in 2017. Many customers are opting for the most luxurious versions, such as the Black Label, which can command prices up to $100,000.
Now the brand is aiming to repeat the trick in another segment.
The 2019 Lincoln Aviator is a smaller SUV than the Navigator, and it is the latest step Ford's luxury brand is taking in carving out a place for itself as a purveyor of spacious and comfortable SUVs that float over the pavement.
Source: Lincoln
Lincoln Aviator
The Aviator is a resurrected brand — Lincoln first sold it from 2002 to 2005. The Aviator shares some design language with the Navigator, such as the distinctive design of its wheels and its plush leather seats.
But there are several firsts here that suggest Lincoln is not simply trying to make a smaller Navigator replica. The brand commissioned the Detroit Symphony to design all the interior alert chimes for the doors. The vehicle also has the ability to “see” potholes and uneven pavement and adjust the suspension to keep the ride smooth.
“It is not overstating it to say Lincoln has got its mojo back,” said Karl Brauer, who is executive publisher for Kelley Blue Book and Autotrader. “The company in the last couple of years has made some really positive moves.”
The models Lincoln has come out with recently, including the Navigator and the Continental full-size sedan, show that the company has tried to carve more of a traditionally American niche out for itself by making vehicles that emphasize plush interiors and gentle, floating rides. This is a departure from older habits in Detroit of trying to make American versions of European brands that emphasized sportier designs and features, such as those found in BMWs.
“I think Lincoln discovered that they were much better at being Lincoln than they were at being the American version of BMW,” he said.
That said, it is perfectly fine if Lincoln wants to come out with a high-performance variant of a sedan or SUV, he added. The Aviator will offer a performance trim level of the vehicle that will come with a combination hybrid and twin turbocharged powertrain that Lincoln said is a first for the brand.