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U.S. auto sales lose momentum in November as pandemic rebounds

Ford confirms analysts' concerns of a second retail slump

VW faces leadership crisis as CEO demands a vote of confidence

Herbert Diess has met with resistance 'breaking up old, encrusted structures'

Volkswagen, the world's largest vehicle maker by sales, risked a leadership crisis on Tuesday after Chief Executive Herbert Diess forced a vote of confidence in his reform efforts by asking for an early contract extension. The multi-brand car and truck maker is convening its Executive Committee to discuss Diess's demand for the contract extension, long before his current term comes to an end in 2023, three sources told Reuters on Monday. Volkswagen Chairman Hans Dieter Poetsch is seeking to av

GM scraps plan to buy stake in Nikola and build its electric pickup

In wake of fraud claims, they announce a smaller deal involving fuel cells

General Motors Co and Nikola Corp on Monday announced a reworked, smaller agreement that keeps a fuel-cell partnership intact but eliminates an equity stake in the startup for the Detroit automaker as well as plans for building Nikola's electric pickup truck. In September, the companies announced a deal under which GM would supply batteries, a chassis architecture, fuel cell systems and a factory to build the startup's proposed Badger electric pickup in return for an 11% stake and $700 million.

Renault will turn a French car plant into a recycling center

The automaker aims to employ 3,000 people at the revamped site by 2030

Renault will stop assembling new cars at its Flins factory outside Paris and turn the site into a research, recycling and repair centre by 2024 in a move set to save full-time jobs at the plant, the company said on Wednesday. "The status quo was no longer possible, we had to be lucid about this," Renault Chairman Jean-Dominique Senard told an online news conference after meeting with unions at Flins, flanked by new Chief Executive Luca De Meo. Renault, which had been struggling with waning pro

Ford orders 12 ultra-cold freezers to distribute COVID-19 vaccines to employees

Ford plans to make 'vaccine available to our employees on a voluntary basis'

Ford Motor Co said on Tuesday it has ordered a dozen ultra-cold freezers that can safely store Pfizer Inc's COVID-19 vaccine, a move aimed at ensuring the U.S. automaker's workers have access to vaccines when they are rolled out nationally. Ford's purchase mirrors efforts by U.S. states and cities to buy equipment to store millions of doses of Pfizer's vaccine at temperatures of minus 70 Celsius (minus 94 Fahrenheit), significantly below the standard for vaccines of 2-8 C (36-46 F). Health car

Daimler, Geely mull China as production hub for hybrid powertrains

Volvo and Mercedes-Benz powertrains would both be produced there

Daimler AG and Geely Holding on Friday said China could emerge as a manufacturing and export hub for hybrid powertrains jointly developed for Volvo and Mercedes-Benz cars. Earlier this week the German car maker said it will cooperate with China's Geely to build next-generation combustion engines for use in hybrid vehicles. The engines will be produced in China as well as in Europe, and Geely and Daimler will cooperate in engineering, sourcing and production, the companies said in a joint pres

Tesla workers deemed essential in California

They won't be impacted by the state's 10 p.m. curfew or stay-at-home orders

Workers at Tesla Inc's California vehicle factory are deemed essential and are not impacted by the state's latest restrictions to curb a new surge in coronavirus infections, the California health department said on Friday. Tesla and local California officials in March engaged in a heated months-long standoff over restrictions imposed to curb the first wave of infections, which culminated in the company's chief executive, Elon Musk, defying health orders, suing local officials and threatening t

Rivian plans smaller electric vehicles for China, Europe

And production plant outside the U.S. will be important but 'a ways off'

Electric vehicle startup Rivian, which is backed by Amazon and Ford Motor Co , on Wednesday said it plans to follow up its first two products, a full-size pickup and SUV, with smaller models targeted at China and Europe where it may eventually build some vehicles. While Rivian plans to begin selling the SUV in Europe in 2022 and China soon after, "what will really drive volume in those markets is the follow-on products" that are smaller and tailored for overseas customers, Rivian

ICYMI, the busy week that was (and it's only Wednesday) on the electric-car beat

From the U.S. to Britain to Germany to Korea to GM to Ford and back again

BMW moves engine production out of Germany as plants there go electric

By the end of 2022, all German factories will make at least one EV model

BMW on Wednesday said it will retool its German factories to build electric cars and components and shift manufacturing of combustion engines to plants in Austria and England as part of a broader shift toward low-emission cars. Factories across the globe are clamouring for investment into next-generation cars as electric vehicles gain traction with consumers and as governments hasten the demise of the combustion engine. BMW's Munich plant, which currently makes four, six, eight and t

BMW's increased stake in Brilliance unaffected by Chinese parent's debt issues

The $4.2 billion deal is still on

German carmaker BMW said on Tuesday there was no indication that its deal to increase its stake in its joint venture with Brilliance China Automotive would be affected by debt issues at Brilliance's parent. BMW said in 2018 that it would pay 3.6 billion euros ($4.2 billion) in 2022 for a further 25% stake in the venture with Brilliance - its main joint venture in China - adding to its existing 50% holding and giving it control of BMW Brilliance Automotive (BBA).

Ford may make its own battery cells as a way to preserve jobs

New CEO Jim Farley reverses what Jim Hackett said just months ago

Updated 2021 Chrysler Pacifica enters production

The updated vans were announced months ago; soon you'll be able to buy one

Hyundai teases electrification plans, new Ioniq models

It will offer 10 electrified models in the U.S. by 2022

Mazda posts second-quarter loss, but gets a rebound in North America sales

Several major automakers bounced back in the last quarter

Mazda Motor Corp on Thursday posted a 7.59 billion yen ($73.4 million) operating loss in the three months ended Sept 30 as sales contracted amid the coronavirus pandemic. Mazda posted a smaller loss in the second quarter after it benefited from a rebound in sales in North America, its biggest market. Vehicle sales there rose 1% from a year earlier.

GM full-size truck production coming to Canada after $1 billion investment

CEO Barra says GM 'can't build enough' currently at the Ft. Wayne, Ind., plant

General Motors Co will invest 1 billion Canadian dollars in its Canadian operations to expand production of highly profitable full-size pickup trucks to meet growing demand, Chief Executive Mary Barra said on Thursday. The Detroit automaker's plan, announced after it reached a tentative new labor agreement with Unifor - the union representing hourly workers in Canada - is to bring back production of its Chevrolet Silverado and GMC Sierra trucks to its Oshawa plant, Barra told analysts.

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Is the Ford Model T plant haunted?

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Detroit's Packard plant slated for partial demolition, redevelopment

Much of the long-standing icon of urban decay is not long for this world

Detroit automakers keep their masks on to keep the factories running

'The mask is the foundation' for protecting workers and production

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