auto industry

Stories 41 - 60 | << Prev   Next >>

Elon Musk Unveils &#39;Cybertruck&#39;
Elon Musk Unveils 'Cybertruck'
Nov 22, 2019 12:41 AM CST

Elon Musk Unveils 'Cybertruck'

Electric pickup will enter production in 2021

(Newser) - Tesla CEO Elon Musk is taking on the workhorse heavy pickup truck market with his latest electric vehicle. The "cybertruck," an electric pickup truck, will be in production in 2021, Musk said at the Los Angeles Auto Show Thursday. The pickup, which Musk said will cost $39,900...

49K Striking Auto Workers Shut Down 33 Plants

UAW workers strike against GM

(Newser) - More than 49,000 members of the United Auto Workers walked off General Motors factory floors or set up picket lines early Monday as contract talks with the company deteriorated into a strike. Workers shut down 33 manufacturing plants in nine states across the US, as well as 22 parts...

Lee Iacocca Dies at 94
Lee Iacocca Dies at 94
OBITUARY
Jul 3, 2019 12:34 AM CDT

Lee Iacocca Dies at 94

Auto industry giant turned around Chrysler in the '80s

(Newser) - From the Mustang to the Jeep Grand Cherokee—with the Pinto, K-cars, and the minivan in between—Lee Iacocca left a mark on the American auto industry like few others. The former Ford and Chrysler chief, who became the quintessential tough-talking celebrity CEO after engineering a remarkable turnaround at the...

Tesla Does U-Turn on Closing Stores
Tesla Makes 'Bizarre' Reversal
Mar 12, 2019 3:42 AM CDT

Tesla Makes 'Bizarre' Reversal

It now says stores will stay open, prices will go up

(Newser) - After announcing earlier this month that it would close most of its stores and lower prices , Tesla has revealed an updated strategy of keeping its stores open and raising prices. Stores that closed around a week ago are already reopening, including outlets in Hawaii and California, Bloomberg reports. "Over...

Here Are 14 Cars That Are Getting the Ax

Say goodbye to the Volkswagen Beetle, the Ford Focus, and a dozen others

(Newser) - If you think you're seeing more SUVs and crossovers on the road, you're not imagining things. That's because automakers are making what USA Today calls a "sweeping shift" into those types of vehicles—which also means they're dumping more-traditional passenger cars from their lineups. The...

A 'Surprise' Among GM's 6 Discontinued Cars

The Cadillac CT6 was the 'tech halo' for the brand

(Newser) - Now that General Motors' big announcement that it will be shuttering five plants in North America and slashing thousands of jobs has started to settle in, more details are emerging on the vehicle production that will be affected. Included in the business restructuring is a shift away from sedans, which...

Trump Has Harsh Words for GM Over Layoffs

He says US has done a lot for the company

(Newser) - President Trump says his administration and lawmakers are exerting "a lot of pressure" on General Motors in response to its decision to cut up to 14,000 workers in North America and possibly shutter up to five plants. Trump says he's being very tough on GM chief executive...

GM Is Halting Production at 5 Plants
GM Closing Plants,
Cutting Jobs
Nov 26, 2018 10:25 AM CST

GM Closing Plants, Cutting Jobs

Automaker plans big cuts 'ahead of changing market conditions'

(Newser) - It's a bleak day for workers at General Motors: The automaker said Monday it's cutting about 15% of its salaried workers in the US and Canada and closing five plants. The Wall Street Journal reports that the moves could translate into the loss of about 8,000 jobs....

'One of World's Most Powerful Auto Bosses' Is Arrested

Nissan chair Carlos Ghosn to be removed over 'significant misconduct'

(Newser) - Nissan Motor Co. says it will move to oust chairman Carlos Ghosn after a months-long investigation uncovered "significant misconduct" including the under-reporting of his income by millions, reports the AP . The Japanese automaker says the probe was spurred by a whistleblower, and that the situation also allegedly involves Representative...

1M GM Vehicles Need Steering Software Fix
1M GM Vehicles
Are Being Recalled
Sep 14, 2018 3:25 AM CDT

1M GM Vehicles Are Being Recalled

Software glitch affects power steering

(Newser) - In the second massive US vehicle recall in the space of a week, General Motors is recalling around 1 million pickups and SUVs because of a power-steering software defect that causes a crash risk. The recall affects the 2015 models of the Chevrolet Silverado 1500, GMC Sierra 1500, Chevy Suburban...

Ford: Trump Is Wrong About Impact of Tariffs

'This car can now be BUILT IN THE USA,' he said

(Newser) - Ford says it isn't going to shift production of the Focus Active from China to the US, despite President Trump's thoughts on the matter. Trump boasted in a tweet Sunday that new tariffs on Chinese imports had forced the automaker to abandon plans to sell the Chinese-made Focus...

Fiat Chrysler Had No Idea CEO Had Been Ill So Long

Sergio Marchionne had been receiving treatment for 'serious illness' for more than a year

(Newser) - The illness and death of Fiat Chrysler's fast-charging, unconventional CEO may have seemed sudden and surprising to many, but Sergio Marchionne was apparently sick for longer than anyone—even his employer—knew. That news comes to the Wall Street Journal from University Hospital Zurich, which notes Marchionne had a...

'He Saved Our Company': Fiat Chrysler CEO Dies at 66

Sergio Marchionne passed away after complications following shoulder surgery

(Newser) - "Who the hell is this guy?" was an analyst's reaction to Sergio Marchionne when the latter joined the auto industry in 2003. Fifteen years later, Marchionne has earned a description from the Wall Street Journal as "one of the last larger-than-life car-maker CEOs," though that comes...

Trump&#39;s Next Target: Auto Imports
Trump's Next Target:
Auto Imports
Jul 19, 2018 12:43 AM CDT

Trump's Next Target: Auto Imports

They may be labeled a security threat

(Newser) - Having tangled with China on trade and angered US allies with steel tariffs, President Trump is primed for his next fight: autos. Trump's latest plan is to consider slapping tariffs on imported autos and auto parts—a move he says would aid American workers but that could inflate car...

Automakers: New Tariffs Could Force Job Cuts

GM, others say proposed tax would come at a steep cost

(Newser) - General Motors joined a growing list of automakers and manufacturers warning against the White House’s proposal to place tariffs of up to 25% on imported cars, trucks, and auto parts, report PBS and the New York Times . In a filing with the Commerce Department, GM said that the tax...

China, Japan Slam Trump Move on Auto Tariffs

Beijing will 'firmly defend' its rights

(Newser) - On Thursday, China and Japan both condemned the Trump administration's decision to launch an investigation into whether tariffs are needed on imports of vehicles and automotive parts into the United States. China's Commerce Ministry said Beijing would "firmly defend" its rights and interests against what it called...

Keyless Ignitions Blamed for At Least 28 Deaths

They died from carbon monoxide after leaving engines on

(Newser) - "After 75 years of driving, my father thought that when he took the key with him when he left the car, the car would be off," says Doug Schaub. His father, Fred, was among at least 28 people identified by the New York Times as having died from...

Ford Is Killing Off All But 2 Car Models

Farewell to Taurus, Fiesta

(Newser) - Some 110 years after the first Model T rolled off the line, Ford has decided to start phasing out car sales. The company announced Wednesday that it "will not invest in next generations of traditional Ford sedans for North America." In a financial release , Ford said that it...

EPA Prepares to Gut Obama's Signature Move on Autos

Chief Scott Pruitt plans to weaken fuel efficiency standards set to go in place

(Newser) - The EPA is preparing to make a big move as early as next week to weaken landmark fuel-efficiency goals put in place by the Obama administration, reports the New York Times . The Obama-era rules would have required cars and SUVs to hit 55mpg by 2025, but Trump and EPA chief...

Ford Ousts Top Exec for 'Inappropriate Behavior'

Raj Nair was investigated after complaint

(Newser) - Ford Motor Co. has ousted one of its top executives over allegations of inappropriate behavior. North America President Raj Nair is leaving the company effective immediately, Ford said in a statement. His replacement has not yet been named. Ford officials would not specify what behavior led to Nair's departure....

Stories 41 - 60 | << Prev   Next >>