Daily 5 report for Oct. 18: Bosch and Rivian’s court fight isn’t the typical supplier vs. automaker dispute

18October 2024

Daily 5 report for Oct. 18: Bosch and Rivian’s court fight isn’t the typical supplier vs. automaker dispute

These kinds of disputes happen often in the supply chain, but rarely lead to litigation...

18October 2024

Stellantis lays off 1,100 at Michigan plant, will close Arizona proving grounds

Stellantis warned in August that as many as 2,450 workers at the Warren Truck plant...

18October 2024

Nemak’s Q3’s net income takes a tumble

The automotive supplier faces challenges with labor costs and product pricing, along with restructuring efforts...

18October 2024

Top 5 stories of the week: Stellantis walks back work-from-home push; GM eyes virtual vehicle development

A quick look at the top automotive stories of the week as determined by reader...

18October 2024

BMW recalls almost 700,000 cars in china on fire safety risk

BMW AG is recalling nearly 700,000 vehicles in China due to coolant pump defects....

18October 2024

IBM’s Maximo helps prevent production snags by predicting when machinery needs maintenance

IBM has been expanding Maximo’s capabilities to monitor the health of production machinery and tooling...

18October 2024

Ally Q3 earnings: net income up 20% despite weak auto finance quarter

Ally Financial’s net income rose by more than 20 percent during the third quarter, supported...

18October 2024

Autoliv’s Q3 profits meet expectations as supplier outperforms global market

The safety equipment supplier’s third-quarter sales decreased 0.8 percent in an overall market where global...

18October 2024

CATL reports big miss in quarterly income as EV demand cools

Contemporary Amperex Technology Co. Ltd. reported quarterly net income well short of analyst estimates as...

18October 2024

VW says it will have enough ID Buzz electric minivans for the world

U.S. consumers seem eager for the emission-free reinvention of a hippie icon, but it’s unclear...

18October 2024

Autoliv’s profits meet expectations as supplier outperforms global light vehicle market

The safety equipment supplier’s third-quarter sales decreased 0.8 percent in an overall market where global...

18October 2024

GM taps AI to catch software problems, increase plant uptime

An automated tool runs software simulations around the clock to spot glitches before the code...

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