Manufacturing GM plans $6.5B EV investment at two Michigan plants GM is expected to tap its Orion Assembly plant for production of new electric vehicles and battery assembly, while sites in the Lansing area would build proprietary Ultium batteries with LG Energy Solution. Subscription Required Best Practices Keyes Hyundai finds success hiring salespeople from non-automotive backgrounds Subscription Required Retail Four dealerships sold in Mo., Pa., Ariz., and Ohio Subscription Required Industry Innovations Auto patents decline in 2021 Subscription Required Retail Vehicle prices grew faster than U.S. wages in 2021, study says Subscription Required Executives Center for Auto Safety head Jason Levine departs for new job Suppliers Intel to invest $20B for Ohio chip hub; project 'critical' to automakers Subscription Required Mobility Report Looking under the hood at Local Motors' demise amid autonomous-shuttle headwinds Breaking News » Click here for more breaking news CERTIFIED PRE-OWNED PROGRAMS A-to-Z on CPO: CPO programs mount a comeback after pandemic dip. OUR 2021 FUTURE PRODUCT ROUNDUP The Pipeline keeps you informed on upcoming redesigned, freshened and new brand products. TOP SUPPLIERS Most of the industry's biggest parts suppliers took a revenue hit in the year of the pandemic. AM Newscast GM labor vote questioned • Sony seeking EV partners • Stellantis, Mercedes' investment • Vroom's Super Bowl ad See all First Shift PM NEWSCAST Intel's $20B chip hub • GM's $154M EV component investment • Dieter Zetsche's new job • Cadillac's performance Escalade See all PM Newscasts Daily Drive Podcast January 21, 2022 Executive Editor Jamie Butters gives you the top headlines and discusses lidar maker Luminar's latest automotive partnership with Mercedes-Benz and what it means with Automotive News Mobility Reporter Pete Bigelow. HEAR ALL DAILY DRIVES Access F&I How auto lenders can improve credit opportunities Ally Financial auto loan income, originations grow in Q4 Talking F&I wage, hour issues with Fisher Phillips Cars & Concepts Bentley Flying Spur Hybrid key step in transition to full EVs by 2030 Toyota gives a glimpse of redesigned and luxed-up Sequoia Toyota teases GT3 race car, Lexus hydrogen off-roader Best Practices Keyes Hyundai finds success hiring salespeople from non-automotive backgrounds California car dealership pay plan breaks down sales, F&I silos Sponsored Content Provided By Ally Navigating the future of automotive retailing » Latest Earnings Reports Ally posts Q4 net income of $652 million, $3.1 billion for 2021 CarMax revenue surges 65% to $8.5B in fiscal third quarter Electric Last Mile posts $17.8 million Q3 net loss LMP reports Q3 earnings MORE TOP HEADLINES Subscription Required Dealers Gee Automotive adds Chevy, Chrysler-Dodge-Jeep-Ram and Ford dealerships Subscription Required Manufacturing Ford names Detroit contractor to build massive Blue Oval project in Tennessee Subscription Required Dealers Former Reagor-Dykes CFO sentenced to 7 years in prison Retail Vehicle subscription services provider NextCar rebrands as Autonomy, launches with Tesla Automakers & Suppliers Biden urges Congress to pass chips bill after Intel makes Ohio plant commitment Subscription Required Sales Cadillac Escalade-V coming in 2023 Manufacturing GM to invest $154M in N.Y. plant for EV motor parts Finance & Insurance Ally Financial auto loan income, originations grow in Q4 Automakers & Suppliers GM Mexico union vote draws questions from AFL-CIO, Unifor Executives Dieter Zetsche tapped for new automotive SPAC Load More Final Assembly Ford gives inside look at train station progress Honda shrugs off a power concept of Toyota's future Life of Hyundai dealer, superfan heads to big screen Fixed Ops Journal The temptation to just fix it myself How service depts. can get ahead of theft EV mechanics of the future need these 3 unique skills Opinion Women driving market force to be reckoned with Talking F&I wage, hour issues with Fisher Phillips The temptation to just fix it myself Digital Edition THIS WEEK'S EDITION See our archive Fixed Ops Journal Read the issue See our archive Sign up for free newsletters Daily Summary (weekdays) Weekly Summary (Mondays) Breaking News Alerts (as needed) Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. EMAIL ADDRESS Please enter a valid email address. Please enter your email address. Please verify captcha. Please select at least one newsletter to subscribe. See more newsletter options at autonews.com/newsletters. You can unsubscribe at any time through links in these emails. For more information, see our Privacy Policy. Automotive News Jobs Board VIEW ALL AUTOMOTIVE JOBS POST A JOB Publishing Partners Sponsored Content Buy-Sell Q&A: How are dealerships being valued today? What can sellers do to maximize valuations? What steps must dealers take to maintain high valuations for the long term? Treating reinsurance as an additional profit center at your car dealership As we begin 2022, take the time to consider how you can optimize your program’s performance. Luminar leader on how lidar advances ADAS and underpins autonomy Learn how lidar-based Proactive SafetyTM functions to detect, plan and responsibly avoid collisions with Luminar’s senior director of product, Dr. Matt Weed. All Ears Podcast | Ally executive offers effective strategies dealers can use to promote diversity, equity and inclusion Saloni Janjeva, executive director of diversity and inclusion at Ally, outlines actionable tactics for boosting DEI at dealerships. See all Publishing Partners articles >
