The labor contract, in force for 3,200 employees at the automaker’s assembly plant in Chattanooga, Tennessee, is the first UAW contract at a Southern auto plant outside of the Detroit Three.
SEOUL, South Korea — Hyundai Motor Group said it will invest $86.7 billion through 2030 to become a global leader in robotics and physical artificial intelligence. The plan includes the creation of a dedicated robotics training complex in Georgia.
NORMAL, IL—Rivian Automotive Inc. will assemble its much-anticipated R2 on a "technologically advanced production line that runs on smart and connected digital systems."
FREMONT, Calif. — Tesla plans to end production of its Model S and Model X vehicles and convert part of its Fremont factory into a robot-manufacturing operation capable of producing up to 1 million Optimus humanoid robots per year, CEO Elon Musk said during the company’s fourth-quarter financial report.
DEARBORN, MI—Ford Motor Co. and China’s Geely Auto are in preliminary discussions for a potential partnership that could see Ford’s excess production capacity in Europe used to build Geely vehicles, sources familiar with the talks told Reuters.
AUBURN HILLS, Mich. —
Stellantis is likely to record its first annual loss since its creation in 2021, following an unexpectedly large write-down of $26 billion linked to what it described as an overly ambitious electrification strategy.
CAMBRIDGE, ON—Toyota Motor Manufacturing Canada plans to deploy humanoid robots at its assembly plant in Woodstock that builds RAV4 sport utility vehicles.