Mike Wayland
@mikewayland.bsky.social
Autos reporter for CNBC. Tips/news to: [email protected] | Ex-Automotive News, Detroit News, MLive Media Group and CMLife at Central Michigan University | An editor once described me as "Skeptical but with a smile."
ICYMI: Slate Auto: Inside the EV startup, stealth production facility backed by Jeff Bezos
www.cnbc.com/2025/06/07/j...
www.cnbc.com/2025/06/07/j...
Slate Auto: Inside the EV startup, stealth production facility backed by Jeff Bezos
Slate Auto hopes its modular, stripped-down vehicle will be the future of affordable EVs, but it has a long road ahead.
www.cnbc.com
June 10, 2025 at 3:33 PM
ICYMI: Slate Auto: Inside the EV startup, stealth production facility backed by Jeff Bezos
www.cnbc.com/2025/06/07/j...
www.cnbc.com/2025/06/07/j...
GM news: After an outsider/Tesla veteran only lasted a year leading its manufacturing, GM returns to hiring from within (it's hard to build cars and manage a company's operations that are as vast as GM): pressroom.gm.com/gmbx/us/en/p...
GM names Mike Trevorrow senior vice president of global manufacturing
General Motors has named Mike Trevorrow as senior VP of global manufacturing, responsible, adding to his current position as head of manufacturing engineering.
pressroom.gm.com
June 6, 2025 at 4:07 PM
GM news: After an outsider/Tesla veteran only lasted a year leading its manufacturing, GM returns to hiring from within (it's hard to build cars and manage a company's operations that are as vast as GM): pressroom.gm.com/gmbx/us/en/p...
Used vehicle prices ease from tariff fear-buying highs but remain elevated: www.cnbc.com/2025/06/06/t...
Used vehicle prices ease from tariff fear-buying highs but remain elevated
Used vehicle prices last month eased from a recent high in April as consumers who needed a vehicle but feared price hikes due to tariffs purchased one quickly.
www.cnbc.com
June 6, 2025 at 2:08 PM
Used vehicle prices ease from tariff fear-buying highs but remain elevated: www.cnbc.com/2025/06/06/t...
‘Car Wars’: Five auto insights investors should know from top BofA analyst: www.cnbc.com/2025/06/05/a...
'Car Wars': Five auto insights investors should know from top BofA analyst
Key topics include billions of dollars in expected EV write-downs, a retrench to "core" businesses for automakers and a collapse of the auto industry in China.
www.cnbc.com
June 5, 2025 at 5:07 PM
‘Car Wars’: Five auto insights investors should know from top BofA analyst: www.cnbc.com/2025/06/05/a...
I kind of miss in-person annual shareholder meetings. It was a love/hate relationship covering them but way more interesting with a live audience/shareholders. (Monitoring GM’s and just not the same).
June 3, 2025 at 4:18 PM
I kind of miss in-person annual shareholder meetings. It was a love/hate relationship covering them but way more interesting with a live audience/shareholders. (Monitoring GM’s and just not the same).
Ford reports 16% sales increase in May amid employee pricing, tariffs: www.cnbc.com/2025/06/03/f...
Ford reports 16% sales increase in May amid employee pricing, tariffs
Ford on Tuesday reported a 16.3% year-over-year U.S. sales increase for May, as the automaker continues an employee pricing program amid rising tariff costs.
www.cnbc.com
June 3, 2025 at 1:52 PM
Ford reports 16% sales increase in May amid employee pricing, tariffs: www.cnbc.com/2025/06/03/f...
Jeep shows off new Cherokee SUV, confirms hybrid model amid turnaround plan after years-long sales declines: www.cnbc.com/2025/05/29/j...
Jeep reveals new Cherokee SUV, confirms hybrid model
Jeep has reported six consecutive years of U.S. annual sales declines, with a 10% decline through the first quarter of this year.
www.cnbc.com
May 29, 2025 at 4:23 PM
Jeep shows off new Cherokee SUV, confirms hybrid model amid turnaround plan after years-long sales declines: www.cnbc.com/2025/05/29/j...
Updated with internal memo to employees from Filosa: Auto giant Stellantis appoints Antonio Filosa as new CEO cnb.cx/3Hgrj7B
Auto giant Stellantis appoints Antonio Filosa as new CEO
Auto giant Stellantis on Wednesday appointed North American boss Antonio Filosa as its new chief executive.
cnb.cx
May 28, 2025 at 1:12 PM
Updated with internal memo to employees from Filosa: Auto giant Stellantis appoints Antonio Filosa as new CEO cnb.cx/3Hgrj7B
Toyota Motor is targeting significant growth in plug-in hybrid electric vehicles, or PHEVs. The automaker plans to increase PHEVs from 2.4% last year to roughly 20% of its U.S. sales volume by 2030, according to company sources. www.cnbc.com/2025/05/28/t...
Hybrid leader Toyota targets major growth in plug-in vehicles amid industry's EV uncertainty
Company sources said Toyota plans to increase PHEVs from 2.4% last year to roughly 20% of its U.S. sales volume by 2030.
www.cnbc.com
May 28, 2025 at 12:04 PM
Toyota Motor is targeting significant growth in plug-in hybrid electric vehicles, or PHEVs. The automaker plans to increase PHEVs from 2.4% last year to roughly 20% of its U.S. sales volume by 2030, according to company sources. www.cnbc.com/2025/05/28/t...
Was going to say I don't know how I feel about this but I don't like it: Stellantis uses AI to bring back late ‘Imported from Detroit’ ad voice for a new patriotic campaign www.autonews.com/stellantis/an-stellantis-ai-ad-campaign-0523/
Stellantis uses AI to bring back late ‘Imported from Detroit’ ad voice for a new patriotic campaign
Stellantis deployed AI technology to use recordings of the late Kevin Yon to create the voiceover for the new ad, called “America Made Us.”
www.autonews.com
May 23, 2025 at 1:01 PM
Was going to say I don't know how I feel about this but I don't like it: Stellantis uses AI to bring back late ‘Imported from Detroit’ ad voice for a new patriotic campaign www.autonews.com/stellantis/an-stellantis-ai-ad-campaign-0523/
Toyota redesigns America’s top-selling RAV4 SUV to exclusively be a hybrid www.cnbc.com/2025/05/20/t...
Toyota redesigns America's top-selling RAV4 SUV to exclusively be a hybrid
Toyota Motor will offer the 2026 RAV4 only as a hybrid or plug-in hybrid, eliminating a traditional gas engine in the vehicle.
www.cnbc.com
May 21, 2025 at 1:12 AM
Toyota redesigns America’s top-selling RAV4 SUV to exclusively be a hybrid www.cnbc.com/2025/05/20/t...
Here at Toyota’s HQ for the first time. Really impressive campus.
May 20, 2025 at 3:50 PM
Here at Toyota’s HQ for the first time. Really impressive campus.
President Donald Trump wants automakers to build more vehicles in the U.S. with American parts, but it’s not as easy as it might seem.
www.cnbc.com/2025/05/16/m...
www.cnbc.com/2025/05/16/m...
How much would a 100% 'Made in the USA' vehicle cost? It's complicated
President Donald Trump wants automakers to build more vehicles in the U.S. with American parts, but it's not as easy as it might seem.
www.cnbc.com
May 16, 2025 at 5:04 PM
President Donald Trump wants automakers to build more vehicles in the U.S. with American parts, but it’s not as easy as it might seem.
www.cnbc.com/2025/05/16/m...
www.cnbc.com/2025/05/16/m...
GM unveils new 'groundbreaking' EV battery tech, aims to be first to market cnb.cx/3F9Q7xj
GM unveils new 'groundbreaking' EV battery tech, aims to be first to market
The new batteries and packs utilize more-prevalent, less-expensive minerals and are lighter and more cost-effective.
cnb.cx
May 13, 2025 at 2:03 PM
GM unveils new 'groundbreaking' EV battery tech, aims to be first to market cnb.cx/3F9Q7xj
GM hires ex-Tesla, Aurora exec Sterling Anderson to newly created position of chief product officer cnb.cx/4diISQm
GM hires ex-Tesla, Aurora exec as chief product officer
GM has hired Sterling Anderson, a former Tesla executive and cofounder of autonomous vehicle company Aurora innovation, as its chief product officer.
cnb.cx
May 12, 2025 at 3:51 PM
GM hires ex-Tesla, Aurora exec Sterling Anderson to newly created position of chief product officer cnb.cx/4diISQm
Used vehicle pricing barometer jumps to highest level since 2023 amid auto tariffs: www.cnbc.com/2025/05/07/u...
Used vehicle pricing barometer jumps to highest level since 2023 amid auto tariffs
Manheim's Used Vehicle Value Index that tracks used vehicle prices sold at U.S. wholesale auctions increased 4.9% last month to its highest level since 2023.
www.cnbc.com
May 7, 2025 at 3:32 PM
Used vehicle pricing barometer jumps to highest level since 2023 amid auto tariffs: www.cnbc.com/2025/05/07/u...
Luxury carmaker Ferrari warns of U.S. tariff risks after 17% jump in first-quarter profit cnb.cx/3GBqPJ1
Luxury carmaker Ferrari warns of U.S. tariff risks after 17% jump in first-quarter profit
Luxury carmaker Ferrari on Tuesday reported a significant upswing in first-quarter profit, citing robust demand for personalized vehicles.
cnb.cx
May 6, 2025 at 11:38 AM
Luxury carmaker Ferrari warns of U.S. tariff risks after 17% jump in first-quarter profit cnb.cx/3GBqPJ1
Inside GM’s decade-long battle to revive Cadillac as the quintessential American luxury car brand: www.cnbc.com/2025/05/05/g...
Inside GM’s decade-long battle to revive Cadillac as the quintessential American luxury car brand
Here's how the brand is trying to get its portfolio back into shape and boost its status in the competitive luxury vehicle market.
www.cnbc.com
May 5, 2025 at 12:59 PM
Inside GM’s decade-long battle to revive Cadillac as the quintessential American luxury car brand: www.cnbc.com/2025/05/05/g...
Ford CEO says Trump's tariff reprieve is helpful, but more changes needed; wants Ford to be rewarded for current production and exports cnb.cx/4jXYhI2
Ford CEO says Trump's tariff reprieve is helpful, but more changes needed
Ford CEO Jim Farley said it's "essential" for U.S. policies to encourage exports as well as reward companies, such as Ford, for their American production
cnb.cx
April 30, 2025 at 5:29 PM
Ford CEO says Trump's tariff reprieve is helpful, but more changes needed; wants Ford to be rewarded for current production and exports cnb.cx/4jXYhI2
Ford CEO Jim Farley touts American manufacturing, says “we never left” … unlike others. Farley says what if others who import vehicles invested as much as Ford in the US? Farley says 4 million more vehicles a year would be manufactured in the U.S.
April 30, 2025 at 3:55 PM
Ford CEO Jim Farley touts American manufacturing, says “we never left” … unlike others. Farley says what if others who import vehicles invested as much as Ford in the US? Farley says 4 million more vehicles a year would be manufactured in the U.S.
Reposted by Mike Wayland
".. The joint letter is uncharacteristic, if not unprecedented, for the automotive industry. Such organizations rarely, if ever, sign on to a single joint message."
@mikewayland.bsky.social @cnbc.com $GM $F $STLA $AN
www.cnbc.com/2025/04/22/a...
@mikewayland.bsky.social @cnbc.com $GM $F $STLA $AN
www.cnbc.com/2025/04/22/a...
Auto groups lobby Trump administration against parts tariffs in rare unified message
The group – representing franchised dealers, suppliers and nearly all major automakers – say the upcoming levies could jeopardize U.S. automotive production.
www.cnbc.com
April 23, 2025 at 11:32 AM
".. The joint letter is uncharacteristic, if not unprecedented, for the automotive industry. Such organizations rarely, if ever, sign on to a single joint message."
@mikewayland.bsky.social @cnbc.com $GM $F $STLA $AN
www.cnbc.com/2025/04/22/a...
@mikewayland.bsky.social @cnbc.com $GM $F $STLA $AN
www.cnbc.com/2025/04/22/a...
Trump wants automakers to move vehicle production to the U.S. Why it’s not that simple: www.cnbc.com/2025/04/23/t...
Trump wants automakers to move vehicle production to the U.S. It's not that simple
Relocating production lines takes years of planning and construction and requires massive amounts of space and capital.
www.cnbc.com
April 23, 2025 at 4:44 PM
Trump wants automakers to move vehicle production to the U.S. Why it’s not that simple: www.cnbc.com/2025/04/23/t...
NEW: Auto groups lobby Trump administration against parts tariffs in rare unified message www.cnbc.com/2025/04/22/a...
Auto groups lobby Trump administration against parts tariffs in rare unified message
The group – representing franchised dealers, suppliers and nearly all major automakers – say the upcoming levies could jeopardize U.S. automotive production.
www.cnbc.com
April 22, 2025 at 8:08 PM
NEW: Auto groups lobby Trump administration against parts tariffs in rare unified message www.cnbc.com/2025/04/22/a...
NEW: Hertz CEO 'encouraged' by Ackman's 'significant' stake in the company, he tells employees in a message viewed by CNBC: www.cnbc.com/2025/04/18/h...
Read Hertz CEO's letter to employees about Bill Ackman's 'significant' stake in the rental car firm
Hertz CEO Gil West said he is "encouraged" and "energized" by prominent investor Bill Ackman taking a "significant" position in the rental car company.
www.cnbc.com
April 18, 2025 at 8:56 PM
NEW: Hertz CEO 'encouraged' by Ackman's 'significant' stake in the company, he tells employees in a message viewed by CNBC: www.cnbc.com/2025/04/18/h...
NEW: Nissan aims to 'max out' U.S. production plant amid Trump's tariffs cnb.cx/42JHH8R
Nissan aims to 'max out' U.S. production plant amid Trump's tariffs
Nissan 6-million-square-foot facility in Smyrna, Tennessee, is capable of producing 640,000 vehicles a year on three shifts, Meunier said.
cnb.cx
April 16, 2025 at 7:31 PM
NEW: Nissan aims to 'max out' U.S. production plant amid Trump's tariffs cnb.cx/42JHH8R