|
|
December 4 · Issue #199 · View online
Weekly highlights of the events that impact supply chain risk within the automotive industry.
|
|
|
|
|
|
|
Audi of America has named former Toyota exec Sara Whiffen as its new head of strategy. Whiffen will start immediately in the role.
|
|
|
Ford is imploring other automakers to back a framework emissions deal with California to reach industry consensus before Joe Biden takes office. Ford struck a voluntary agreement with the state in July 2019 along with Honda, VW, and BMW.
|
|
|
In South Korea, GM workers have rejected a preliminary labor deal that would have given each worker a lump sum payment of $3,615 in early 2021. Wages there have been frozen since 2018 when the automaker received state aid to keep operations running.
|
|
|
The National Highway Traffic Safety Administration has ordered Hyundai and Kia to pay a $137M fine over faulty engines they say the automakers moved too slowly to recall.
|
|
|
While GM will supply hydrogen fuel cell tech to Nikola, it has withdrawn its plan for an equity stake and strategic partnership.
|
|
|
|
|
|
|
|
|
|
|
Tesla is planning to build a $6.4M EV charger plant in China. The plant will be completed by February 2021 and produce 10k chargers per year.
|
EV startup Lucid Motors has finished construction of its Casa Grande, Arizona plant. The plant is the first purpose-built EV factory in North America and has the capacity to build 30k vehicles per year.
|
|
Ford will reportedly produce a new EV in 2023 based on VW’s MEB platform at its plant in Cologne, Germany.
|
|
|
|
Renault Samsung will halt operations at its plant in Busan, South Korea, for four days next month due to a decline in sales due to Covid-19. It will also continue its suspension of overnight operations that started on November 10.
|
|
|
|
|
|
|
|
|
|
|
|
|
Did you enjoy this issue?
|
|
|
|
If you don't want these updates anymore, please unsubscribe here.
If you were forwarded this newsletter and you like it, you can subscribe here.
|
|
Elm Analytics, LLC - 280 Mill Street, Suite A, Rochester, Michigan 48307 USA
|