WardsAuto Daily Edition
 
















MARCH 04, 2024



UAW Reaching Across Border to Support Mexican Auto Workers

The UAW argues that helping improve wages and working conditions for auto workers in Mexico will give automakers less incentive to “offshore” their operations there.

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Autoline Daily: Top Industry News for March 4
Jaguar Ending ICE Vehicle Production in June; Lawyers Want $6 Billion From Tesla; 2024 U.S. Car Sales Off to Good Start

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VW Scirocco Hot Hatch Could Make Comeback as BEV

Volkswagen Group launches internal studies around a new Scirocco coupe as part of a four-way project with Porsche, Audi and Cupra.

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BMW Boosts Asian BEV Capacity with Battery Assembly Plant

New plant to supply expanding BEV production strategy in Thailand.

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FOR WARDS INTELLIGENCE SUBSCRIBERS
U.S. Light-Vehicle Sales Bounce Back Nicely in February
Inventory control was behind part of the month’s gains, but February evened out Januarys’s softness, which included payback for December’s strong results.
IN CASE YOU MISSED IT...

Fisker Facing Financial Fire Again, Talks To Nissan

Fisker Inc. has become a penny stock, and the company is burning cash and reaching out for new capital to Nissan.

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FROM AUTOMOTIVE DIVE
AV Startup Motional to Cut Non-Technical Staff 5%
It’s the latest autonomous vehicle company, including Cruise, to face financial challenges as the technology comes under increasing scrutiny.