This edition of the Automotive Industry Spotlight will focus on
the current landscape of electric vehicle (EV) charging
infrastructure.
In industry news, the $204 million Rivian and Bosch
dispute escalates as Rivian faces production issues.
GM raises 2024 earnings guidance for the third time this
year, citing strong pricing, robust demand and successful
strategic cost management initiatives. Stellantis announces
sweeping leadership changes globally, including new COOs
across North America and Europe amidst broader changes to its
leadership structure.
In regulatory news, BMW announces a recall of 700,000
vehicles in China related to a coolant pump defect, which
could result in potential fire risk. The National Highway
Traffic Safety Administration (NHTSA) launches an investigation
into Tesla's full self-driving software due to four
reports of collisions linked to the software. Honda
announces a recall of 1.7 million North American vehicles,
citing steering
