2024 'year of execution' for GM as it scales EV production

<p>Buoyed by a strong combustion vehicle portfolio, the automaker needs to prove that it also can build EVs on its Ultium battery platform at scale, CEO Mary Barra said at a Wolfe Research investor conference.</p>

https://www.autonews.com/retail/gm-ceo-m...scale-2024

Ford's Jim Farley says he regrets not tackling quality problems sooner as CEO

<p>Farley said Ford would be "much stronger" today had he more quickly focused on fixing longstanding quality issues and other inefficiencies after becoming CEO in 2020.</p>

https://www.autonews.com/executives/ford...oes-fester

May Mobility lays off 40 amid self-driving headwinds

<p>May Mobility, a Toyota-backed startup, had raised $105 million in November.</p>

https://www.autonews.com/mobility-report...rkers-2024

GM's Cruise hardware chief resigns in latest exit after operations suspended

<p>Carl Jenkins, the senior vice president for autonomous vehicle platforms, is leaving after six years with the company, he said in a post on LinkedIn.</p>

https://www.autonews.com/mobility-report...esignation

Tesla, Ford and Chevy suffer December EV slowdown, but U.S. registrations grow 23%

<p>Electric vehicles captured 8.8 percent of U.S. light-vehicle registrations in December, S&P Global says. While the segment grew a robust 23 percent for the month, that was slower than the 52 percent pace for full-year 2023.</p>

https://www.autonews.com/retail/us-ev-re...wth-slowed

Scout Motors, forging ahead as EV growth slows, breaks ground on S.C. plant

<p>The groundbreaking of Scout Motors' $2 billion plant follows the fledgling automaker's decision to set up core R&D operations in Metro Detroit and a number of key hires.</p>

https://www.autonews.com/manufacturing/s...ndbreaking

Ford CEO Jim Farley: Smaller, profitable EVs are nonnegotiable; UAW 'relationship ha

<p>The CEO said the automaker is pivoting its EV strategy to focus on a cheaper platform that can make money sooner after launch.</p>

https://www.autonews.com/manufacturing/f...profitable

Toyota secures more semiconductor supply with new Japan factory

<p>One of the world's top semiconductor makers is opening a second factory in Japan with help from Toyota, Denso and Sony, as Japan races to shore up supplies of critical chips.</p>

https://www.autonews.com/suppliers/top-s...yota-funds

Mercedes-Benz pivots focus to lower-priced models to drive U.S. sales in 2024

<p>Mercedes-Benz to veer from high-end models and EVs in hopes of topping 300,000 in U.S. sales this year.</p>

https://www.autonews.com/retail/mercedes...rive-sales

Former Stellantis exec Mark Stewart takes reins as CEO of Goodyear

<p>Stewart has been meeting with customers, partners and employees and studying  "functions and financials" to better understand the business.</p>

https://www.autonews.com/executives/new-...tructuring