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Elon Musk says he's boosting Tesla pay to stop OpenAI from poaching

Automotive / Automotive News /

Elon Musk acknowledged Tesla Inc. is having to make special efforts to retain artificial intelligence specialists, some of whom have left the carmaker in the past year to join his AI venture.

Tesla is increasing compensation for its AI engineering team, contingent on performance milestones, Musk wrote on X, his social media network. In ...Read more

Ford/Ford/TNS

Ford delays EV launches, will offer full hybrid lineup by 2030

Automotive / Automotive News /

Ford Motor Co. on Thursday said it will delay the launch of new three-row electric vehicles in Ontario, adjust the timing of its next-generation electric truck and will offer hybrid powertrain across its entire internal combustion engine lineup in North America by the end of the decade.

Executives of the Dearborn, Michigan, automaker have ...Read more

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Bumpy ride: First-quarter auto sales reflect a shifting market

Automotive / Automotive News /

The auto industry is traveling a bumpy path to recovery since the pandemic as most makers reported first-quarter sales gains with three notable exceptions: General Motors Co., Stellantis NV and Tesla Inc., all of which saw declines.

Toyota Motor Corp., Honda Motor Co., Subaru Corp., Nissan Motor Co. Ltd. and Volkswagen AG all saw year-over-year...Read more

Robyn Beck/AFP/Getty Images North America/TNS

Stellantis CEO: EV battery weight must be cut in half in next decade

Automotive / Automotive News /

The weight of electric vehicles batteries should be cut by half over the next decade in order to make the cars more efficient and environmentally friendly, Stellantis NV CEO Carlos Tavares said Wednesday.

"They need a very significant breakthrough in terms of chemistry," he said of EV batteries. "Right now for a decent range, we are using 1,000...Read more

Ford US sales up 6.8% in Q1; hybrids hit a record

Automotive / Automotive News /

Ford Motor Co.'s U.S. sales in the first quarter grew 6.8% year-over-year as the automaker emphasized a portfolio of mixed powertrain options amid less-than-expected demand for electric vehicles.

Even still, EV sales were up 86% in the first three months of the year, representing 4% of the Dearborn, Michigan, automaker's mix. It sold 20,223 EVs...Read more

Stellantis sales drop 10% in first quarter

Automotive / Automotive News /

Stellantis NV sales dropped 10% in the first quarter compared to last year, with its Ram and Dodge brands suffering the steepest sales declines.

The transatlantic automaker, which also offers Chrysler, Jeep, Fiat and Alfa Romeo in the United States, sold 332,540 vehicles in the first three months of the year compared to 368,327 a year ago. ...Read more

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Here's why the auto industry got the EV adoption timeline wrong

Automotive / Automotive News /

Pandemic-affected inventories, overzealous emissions goals and high Wall Street valuations for electric vehicle maker Tesla Inc. generated a drive for legacy automakers to push a whole lot more EVs in the coming years — a strategy the industry now recognizes was a bit misguided.

Automakers like General Motors Co. and Ford Motor Co. have cut ...Read more

GM sales drop slightly on fewer fleet deliveries, EV sales down

Automotive / Automotive News /

General Motors Co. saw a 1.5% decline in overall sales year over year in the first quarter as fleet deliveries slipped 23%.

GM's U.S. dealers sold 594,233 new vehicles in the first three months of 2024 compared with 603,208 a year ago. The automaker noted its retail sales, or sales to individual customers, increased 6%. It attributed the sales ...Read more

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Rivian's production dips amid wave of cost-cutting measures

Automotive / Automotive News /

Electric vehicle maker Rivian — which recently paused its plans to build a $5 billion Georgia factory — announced its first quarter manufacturing numbers, which fell short of analysts’ expectations.

The California-based automaker produced 13,980 vehicles during the first three months of 2024, a 49% increase from a year ago but a sharp ...Read more

Americans are buying cheaper cars

Automotive / Automotive News /

Toyota Motor Corp. and Honda Motor Co. notched big U.S. sales gains and General Motors Co. grew retail deliveries to start the year as demand for lower-priced models help automakers defy expectations for a broad slowdown.

Toyota said Tuesday that deliveries rose more than 20% in the first quarter, buoyed by the compact Corolla sedan and RAV4 ...Read more

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Tesla: Judge shoots down car maker's defenses in Fremont factory racism lawsuit

Automotive / Automotive News /

A federal court judge has shot down Tesla’s bid to escape a lawsuit by the federal government that alleges widespread racism at the company’s Fremont, California, electric car factory.

The U.S. Equal Employment Opportunity Commission sued Tesla in September, claiming Black workers were subjected to racial harassment that was “frequent, ...Read more

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Autonomous tractors plow path to the future at Caterpillar's secluded Peoria Proving Ground

Automotive / Automotive News /

Grounded in central Illinois throughout its century-long history, heavy equipment manufacturer Caterpillar has seemingly been smitten by corporate wanderlust of late, moving its headquarters from Peoria, Illinois, to Deerfield, Illinois, to Irving, Texas, over the past seven years.

But Caterpillar remains deeply rooted in the Peoria area with ...Read more

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Tesla has Wall Street worried about how many cars it just sold

Automotive / Automotive News /

Tesla Inc. may be headed for a gloomy milestone as waning demand for electric vehicles and elevated interest rates take a toll on sales.

Analysts rapidly lowered their projections for this week’s deliveries report as the quarter came to a close. Some on Wall Street are even braced for Tesla’s first sales decline since the early days of the ...Read more

Welcomia/Dreamstime/TNS

Motormouth: Tire shaving

Automotive / Automotive News /

Q: Back in the 1970s, I was working as a mechanic for a while. The shop I worked for had a tire truing machine that would rotate the tire while the blades would remove tread slowly until the tire had regained its round shape. Fast forward 50 years, and I, like many others with all-wheel drive, acquired a puncture in a location that could not be ...Read more

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EPA issues new clean air rules for heavy-duty trucks. California's rules are tougher

Automotive / Automotive News /

The U.S. Environmental Protection Agency issued tough new emissions standards Friday for heavy-duty trucks and buses, with the aim of cutting air pollution, addressing climate change and boosting economic growth.

California’s government enacted similar rules last year. The state rules are tougher than the Biden administration’s and are ...Read more

John J. Kim/Chicago Tribune/TNS

UAW membership hits lowest point since Great Recession

Automotive / Automotive News /

The United Auto Workers at the end of 2023 had its fewest members since the Great Recession, despite record contracts with the Detroit Three automakers, a frenzy of labor action nationwide last year and a vocal organizing push.

The Detroit-based union recorded 370,239 members at the end of December, according to a U.S. Labor Department filing ...Read more

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2024 Maybach GLS600 is over the top

Automotive / Automotive News /

Among those who buy luxury vehicles, there are those who enjoy driving and those who enjoy being driven. This week, Grasso's Garage presents a car that has features that appeal to both: the 2024 Maybach GLS600.

Mercedes uses the Maybach nameplate for its most exquisite cars, and the GLS600 is the ultimate expression of luxurious accouterments....Read more

Lexus/Lexus/TNS

Auto review: 2024 Lexus TX 350: Is too much of a good thing even possible?

Automotive / Automotive News /

The owner of a Florida eatery once responded to a complaint about his jumbo wings with a clever advertisement: “Customers are complaining our wings are too big!”

Truth be told, some prefer medium-sized wings, but he saw it as a compliment and sales pitch.

To that point, Lexus interior designers may enjoy a buyer’s comment that his ...Read more

Genesis/Genesis/TNS

America's fourth most-popular automaker reveals its aggressive product plan

Automotive / Automotive News /

NEW YORK — Call it a rite of spring, the New York International Auto Show, where the latest and greatest in automotive fashion is revealed in one of the fashion capitals of the world. Certainly, Hyundai Motor Group, which includes the Hyundai, Kia and Genesis brands, knows it, and uses it to great advantage.

And it works.

Need proof? Hyundai...Read more

Allen J. Schaben/Los Angeles Times/TNS

Fisker had big dreams to compete with Tesla. What went wrong?

Automotive / Automotive News /

A decade ago, respected automobile designer Henrik Fisker was coming off the bankruptcy of his first car company when he contemplated his comeback. Instead of a luxury hybrid sedan, what he envisioned was an all-electric SUV that would appeal to the masses with its lower price and California beach-inspired design.

The Danish native put the car ...Read more