Industry Voices
Ford Asks Suppliers to Engage in Cost-Cutting Strategies for Boosting EV Profitability
Ford is asking with electric vehicle suppliers to boost profitability and competitiveness in the U.S. market against domestic rivals and emerging Chinese competitors. Cost-cutting measures have been initiated to address financial challenges in Ford's EV division, aiming to navigate the evolving landscape of the electric vehicle market.
By Dabbie Davis
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2024 Cadillac XT5 Faces Recall for Airbag Tear During Deployment Issue
Cadillac is recalling 74 XT5 vehicles manufactured between February 16 to 26, 2024, due to potential airbag defects from Joyson Safety Systems. Concerns arise over compromised airbag effectiveness in collisions if the driver-side front airbag tears. General Motors is proactively addressing this safety issue to safeguard customers.
By Dabbie Davis
Rivian Secures $827 Million to Expand Illinois Facility, R2 Expansion
The $827 million incentive grant from the State of Illinois will fuel Rivian's expansion at its Normal site, adding 550 jobs over five years as production of the new R2 model commences. With a strategic focus on growth, Rivian's investment plans align with enhancing operations and workforce development.
By Dabbie Davis
BMW, Toyota, Seven Other Car Companies Face Allegations of Sharing Consumer Location Data Illegally
Recent news have highlighted concerning practices among automakers regarding consumer privacy. Shockingly, only six companies, including Ford, GM, Honda, Stellantis, Tesla, and Hyundai to a lesser extent, mandate warrants for releasing user location data, while eight others, such as BMW, Toyota, and more, share data with authorities without such safeguards.
By Dabbie Davis
Waabi's Texas Terminal Revolutionizes Operations for Autonomous Truck Fleets
Waabi launches a cutting-edge autonomous trucking terminal in Lancaster, Texas, signaling growth prospects in the region. The facility, tailored for autonomous operations, solidifies Waabi's presence in Texas and emphasizes its AI-driven SAE Level 4 technology. This strategic move aligns with Waabi's commitment to advancing autonomous systems in commercial settings.
By Dabbie Davis
Cadillac Shifts All-Electric Plans, Retaining ICE Cars in Future Lineup Beyond 2030
Cadillac recently adjusted its future vehicle offerings to include ICE vehicles alongside its all-electric plans beyond 2030. Market dynamics have influenced thjavascript:;is strategic shift, reflecting a need for flexibility in meeting consumer demands. Cadillac's commitment to electrification while accommodating diverse preferences underscores its adaptive approach in the evolving automotive landscape.
By Dabbie Davis
Ford Initiates Recall of Over 240,000 Maverick Pickups for Faulty Taillights
Ford is currently addressing safety concerns with over 240,000 Maverick pickup trucks experiencing taillight issues that could compromise visibility to other drivers. The recall aims to rectify malfunctioning taillights, reducing collision risks. Additionally, Ford plans to notify affected Maverick owners promptly, highlighting its commitment to road safety.
By Dabbie Davis
