Michael Wayland
CNBC
Detroit, MI, United States
Contact Michael
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Past articles by Michael:
UAW strike brings blue-collar vs. billionaire battle to Detroit
The United Auto Workers strike is bringing a blue-collar versus billionaire battle to Detroit, just as UAW President Shawn Fain wanted. → Read More
UAW members go on strike at three key auto plants after deal deadline passes
About 12,700 workers will be on strike at three Ford, GM and Stellantis facilities, the UAW said. → Read More
GM sweetens UAW offer to include 20% wage increase, other benefits as it tries to avoid strike
The recent proposal, which GM CEO Mary Barra called "compelling and unprecedented," addresses many of the union's demands but continues to fall short on others. → Read More
Everything you need to know about UAW's targeted strike plans — and possible lockouts
The UAW union prepared to conduct targeted strikes against the Detroit automakers if the sides fail to reach new deals by Thursday's deadline. → Read More
Ford CEO rebuffs UAW leader's criticisms as strike deadline on Thursday approaches
Ford CEO Jim Farley rebuffed comments by United Auto Workers President Shawn Fain that the company is not taking bargaining seriously. → Read More
UAW barrels toward 'likely' strikes against auto companies. Here are the latest details
The UAW president said Ford has offered a 20% increase over four years of a deal, followed by GM at 18% and Stellantis at 17.5%. → Read More
Here's every major reveal from the Detroit Auto Show
Tense negotiations with the UAW made for a subdued Detroit Auto Show, but all three Detroit automakers brought new or updated models to unveil. → Read More
Used vehicle prices may have bottomed for 2023 after August increase
Cox Automotive reported a slight uptick in its Manheim Used Vehicle Value Index from July to August. → Read More
A totaled Tesla was sold for parts in the U.S. but came back online in Ukraine — here’s what happened
The car or its computer was suddenly online in a southern region of war-torn Ukraine. → Read More
GM positions new Chevy Trax, Buick Envista crossovers to fill an affordability gap
GM's new 2024 Buick Envista and redesigned 2024 Chevrolet Trax crossovers start at $23,495 and $20,400, respectively. → Read More
Used car prices expected to stabilize following major decline in June
Cox Automotive reported Monday a 4.2% decline from May to June, the third consecutive monthly decline and one of the index's largest monthly drops on record. → Read More
EV sales: Hyundai overtakes GM, but Tesla's U.S. dominance continues
Tesla, led by CEO Elon Musk, has grown its lead over the legacy automakers Hyundai and General Motors to roughly 300,000 vehicles. → Read More
Ford's U.S. sales jump 9.9% on big gains for its F-Series trucks
Ford's overall truck sales, a key driver of the company's profits, were up 23% in the first half of the year from the same period in 2022. → Read More
GM second-quarter sales increase 18.8% as supply chain stabilizes
Auto industry forecasters project industry sales to have increased 16% to 18% during the second quarter compared to a year earlier. → Read More
Dodge Durango, Jeep SUVs push Stellantis second-quarter sales up 6.4%
Stellantis' sales uptick is expected to be among the lowest of the quarter, according to auto analysts who project industry sales to have increased 16% to 18%. → Read More
Rivian shares surge as second-quarter EV deliveries top estimates
Rivian on Monday reported deliveries of 12,640 vehicles during the second quarter, topping analyst expectations of 11,000 vehicles. → Read More
Why Ford says new high-tech features for its Super Duty trucks will save marriages
The 2023 Ford Super Duty lineup is designed to ease difficulties with some of the vehicles' most important functions: towing and carrying/hauling. → Read More
Ford conducts engineering layoffs in U.S. and Canada
Ford has been restructuring its operations for several years under its Ford+ plan, led by CEO Jim Farley. → Read More
Toyota defies skeptics as stock seals best week since 2009
Toyota stock posted double-digit weekly gains for only the third time in more than two decades. → Read More
Mercedes-Benz and Microsoft to test ChatGPT in vehicles
Similar to other industries, the potential applications of ChatGPT in the automotive industry have emerged as a growing discussion. → Read More