BYD’s Profit Jumped 30% While Sales Fell — Turns Out That Was the Plan
BYD wants the world to read this week’s earnings as an export success story. Look...
Manufacturing
JLR Is Building Its Most Important SUV Ever in America — Inside a Factory It Doesn’t Even Own
Jaguar Land Rover just told investors it’s bringing Defender production to the United States. Most...
Nissan Says Business Is Growing — Its Own Spreadsheet Says Sales Just Crashed 16.5%
Nissan put out a press release this week with a headline built for good news:...
Tesla’s New ‘Chip Facility’ in Austin Is Bigger Than the Pentagon — Texas Says It Cost Just $50,000
Somewhere east of Austin, Tesla has filed paperwork for a semiconductor building with more floor...
Hyundai’s American-Built Global Pickup Has One Big Problem: Nobody Knows Where It’s Actually Being Built
Hyundai just told the world it wants to build a real pickup truck in America...
China’s #1 Bestselling Car Just Failed Its Own Safety Audit — And That’s Not Even the Scary Part
Somewhere in a Chinese testing facility, a government inspector measured the wheelbase on a Geely...
Rivian Loses Finance Chief As R2 Ramp And Georgia Plant Loom
Claire McDonough is leaving Rivian on October 30. That’s the headline, and it’s the least...
China’s Largest Headlight Supplier Fired 107 New Grads in Weeks — But Still Found Cash for a Dividend
Xingyu Automotive Lighting Systems makes the adaptive LED headlights that bend light around oncoming traffic...
Nissan Recalled 149 Altimas Over Airbags Bolted On With Truck Hardware
Somewhere on Nissan’s assembly line in Canton, Mississippi, a parts runner grabbed the wrong bin....
VW Plant Closures Blocked by a 1960 Law, Not Boardroom Politics
Volkswagen’s supervisory board meets in Wolfsburg on September 4 with three competing blueprints for the...
Porsche Sold Its Own Consulting Arm, Then Paid Four Times as Much to Rent It Back
Porsche spent three decades building a consulting firm from scratch, spent 2023 buying out the...
VW’s Layoffs Could Hit 140,000. The Family That Controls the Company Already Wrote Off the Loss and Went Shopping for Drones
Volkswagen wants the headline to be about jobs. On August 24, labor representatives told employees...
Hyundai Just Settled Its Strike. Its Next New Hire Doesn’t Need a Raise, a Union Card, or a Retirement Age.
Hyundai Motor and its union reached a tentative agreement this week to end the company’s...
Ford’s New Safety Chief Used to Regulate Ford. That’s Exactly the Point.
Ford is simultaneously the most recalled automaker in America and, per J.D. Power, one of its best-built. Hiring a 13-year…
China Isn’t Sneaking Into Europe’s Car Factories — Stellantis And Nissan Are Handing Over The Keys
Picture an Opel dealer in Zaragoza a couple of years from now, selling a compact...