Ford CEO Jim Farley’s 2023 compensation rises to $26.5M

29March 2024

Ford CEO Jim Farley’s 2023 compensation rises to $26.5M

While his base salary remains unchanged and bonus payments fell, Farley’s overall compensation rose based...

29March 2024

UAW membership falls 3.3% to lowest level since 2009

The union’s net assets grew last year to $1.1 billion, despite paying out $152 million...

29March 2024

Renault to invest $323 million to build electric vans in JV with Volvo trucks

The ‘last mile’ vans will be built in Sandouville, northern France, as part of the...

29March 2024

March sales look robust, thanks to incentives and inventory

Analysts see March U.S. auto sales as the best month since May 2021 because of...

29March 2024

Some 2022 Ram trucks being probed in U.S. for K1 snap ring transmission failures

NHTSA said it received 82 complaints alleging loss of motive power due to an internal...

29March 2024

Panasonic Energy to supply EV batteries to Mazda; Panasonic Automotive being sold to U.S. firm

Mazda and Panasonic Energy said they will later disclose details of the deal, which is...

29March 2024

Audi CEO Döllner’s plan to overtake BMW, Mercedes, Chinese rivals in tech race

In an interview with Automotive News Europe sister publication Automobilwoche, Gernot Döllner discusses Audi’s path...

29March 2024

Editorial: Don’t waste industry reprieve on 2027-32 EPA emission regs

The EPA’s decision to recast emission regulations for 2027-32 model year vehicles will give automakers...

28March 2024

Tesla’s $25,000 car means tossing out Henry Ford’s 100-year-old assembly line

Instead of a large, rectangular car moving along a linear conveyer belt, parts are assembled...

28March 2024

Fisker price cuts mark latest turn in downward spiral

The company’s price cuts come after a steady barrage of issues, including the dissolution of...

28March 2024

Auto industry’s share of global microchip capacity rises as EVs, software grow

The automotive industry surpassed the consumer and industrial sectors in 2023 to become the third-largest...

28March 2024

Ford says it will consider Spain to build new utility vehicle

Politicians and unions welcomed the potential addition of a new model at the Valencia factory,...

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