People on the move
See who is being hired, promoted and winning awards in People on the move
GM extends downtime at crossover plants
Full-size pickup and SUV plants will continue running. GM is maintaining its full-year financial guidance and expects broader chip distribution in 2022.
Ford to spend additional $250M, add 450 jobs to boost F-150 Lightning production
Ford said the investment and jobs, spread across three facilities, will help it double planned production to 80,000 electric pickups per year.
SK Innovation shareholders approve plan to split off battery business
The unit, to be launched on Oct. 1, will initially be a wholly-owned subsidiary of SK Innovation.
Volkswagen says chip crisis won’t ease until second half of 2022
The head of VW’s Americas business doesn’t see U.S. auto production returning to normal levels until the second half of next year.