Posted in Design

Tesla pushes for Musk’s $56 billion payout in run-up to shareholder meeting

Tesla Inc. is making a final push to convince shareholders to vote for CEO Elon Musk’s $56 billion pay package before its June 13 shareholder meeting.

Posted in Design

Forvia CEO raises questions about Mexico, citing high inflation and missing trucks

Mexico is becoming more difficult to do business in as security concerns persist and labor and energy costs rise, Forvia CEO Patrick Koller said.

Posted in Design

EU tariffs on EVs would cost China almost $4B in trade, study says

The number of Chinese EVs imported to the EU would drop by a quarter if Brussels were to impose a 20 percent import tariff, according to a Kiel Institute for the World Economy study.

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Editorial: Low-cost Chinese vehicles will come to the U.S., so the time to improve North American manufacturing is now

Advances in manufacturing improved efficiency after the pandemic, but North American industry needs to prepare now for China’s eventual arrival.

Posted in Design

Column: A new contagion is sweeping the auto business — it’s called cold feet

Major automakers are stopping in their tracks on getting new EVs to market as they’re also recognizing that their manufacturing costs are out of line.

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Column: Tesla Model Y and BYD Seagull provide template for lower EV costs

Ford is right to ask for suppliers’ help to rein in costs. But what is Ford doing in product development and manufacturing to cut costs?

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Editorial: Mercedes workers reject UAW’s irrelevant promises of parity

The UAW discovered that, like politics, all organizing is local, as workers at Mercedes-Benz reject the union’s promises and its win at Volkswagen Chattanooga plant.

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PPG plans first new U.S. auto coatings plant in 15 years as part of $300 million investment

Coatings manufacturer PPG Industries plans to open its first new plant in the U.S. in 15 years as part of a $300 million investment in its North American footprint to support its automotive business.

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Toyota tops supplier scorecard

Five of six automakers tracked by Plante Moran in its annual supplier Working Relations Index study improved their scores, even as changes in electrification plans and tensions over pricing continue to be a pain point.

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VW pitches ID Buzz EV to nostalgic Grateful Dead fans in Vegas

VW hopes to play off its role in 1960s counterculture by exhibiting a vintage microbus and the upcoming ID Buzz at a Grateful Dead fan experience.