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Michael Wayland

Michael Wayland

Autos Reporter at CNBC Online

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Email address
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Influence score
66
Phone
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Location
United States
Languages
  • English
Covering topics
  • Automobiles

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Recent Articles

cnbc.com

GM expects more than $5 billion impact from China restructuring, including plant closures

General Motors expects a restructuring of its joint venture operations with SAIC Motor in China to cost more than $5 billion in noncash charges and write-downs.
cnbc.com

Jaguar reveals 'Type 00' concept car, first under controversial new...

Famed British carmaker Jaguar revealed its new vehicle design direction Monday night with the introduction of an all-electric concept car called "Type 00."
cnbc.com

GM to sell stake in battery cell plant to joint venture partner for...

General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.
cnbc.com

Stellantis CEO Carlos Tavares resigns amid problems in U.S., fallin...

Stellantis CEO Carlos Tavares has unexpectedly resigned from the automaker amid increasingly "different views" between the executive and the board of directors.
cnbc.com

Automaker shares fall as Trump threatens 25% tariff on Mexico and C...

Automakers like General Motors and Stellantis have major production presences in Mexico and could take a hit from tariffs.
cnbc.com

The auto industry is pulling back on its ‘capital junkie’ tendencie...

After years of spending capital freely on all-electric and autonomous vehicles, automakers are starting to pull back.
cnbc.com

Hyundai reveals all-electric Ioniq 9 three-row SUV

Hyundai Motor's newest all-electric vehicle is the 2026 Ioniq 9 SUV a three-row, up to seven-passenger SUV for the U.S. market.
cnbc.com

Stellantis delays Ram electric pickup truck until 2025

Stellantis is delaying the launch of its Ram electric pickup truck from this year until the first half of 2025.
cnbc.com

GM lays off 1,000 employees amid reorganization, cost-cutting

The layoffs, which were announced Friday morning via email to those impacted, were across the business.
cnbc.com

Hyundai names North American exec Jose Munoz as CEO, effective Jan. 1

Hyundai Motor Co. on Thursday named Jose Munoz as the next president and CEO of the South Korean automaker, effective Jan. 1.
cnbc.com

VW's $5.8 billion investment in Rivian isn't guaranteed. Here are t...

VW's capital to Rivian isn't guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don't always result in long-term successes.