Sign in

Mike Wayland

@mikewayland.bsky.social
1.4K followers 90 following 172 posts

Autos reporter for CNBC. Tips/news to: michael.wayland@nbcuni.com | 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."

PostsRepliesMedia
Mike Wayland @mikewayland.bsky.social · 10/06/2025
ICYMI: Slate Auto: Inside the EV startup, stealth production facility backed by Jeff Bezos www.cnbc.com/2025/06/07/j...
cnbc.com
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.
040
Mike Wayland @mikewayland.bsky.social · 06/06/2025
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...
pressroom.gm.com
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.
020
Mike Wayland @mikewayland.bsky.social · 06/06/2025
Used vehicle prices ease from tariff fear-buying highs but remain elevated: www.cnbc.com/2025/06/06/t...
cnbc.com
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.
070
Mike Wayland @mikewayland.bsky.social · 05/06/2025
‘Car Wars’: Five auto insights investors should know from top BofA analyst: www.cnbc.com/2025/06/05/a...
cnbc.com
'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.
040
Mike Wayland @mikewayland.bsky.social · 03/06/2025
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).
010
Mike Wayland @mikewayland.bsky.social · 03/06/2025
Ford reports 16% sales increase in May amid employee pricing, tariffs: www.cnbc.com/2025/06/03/f...
cnbc.com
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.
010
Mike Wayland @mikewayland.bsky.social · 29/05/2025
Jeep shows off new Cherokee SUV, confirms hybrid model amid turnaround plan after years-long sales declines: www.cnbc.com/2025/05/29/j...
cnbc.com
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.
000
Mike Wayland @mikewayland.bsky.social · 28/05/2025
Updated with internal memo to employees from Filosa: Auto giant Stellantis appoints Antonio Filosa as new CEO cnb.cx/3Hgrj7B
cnb.cx
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.
000
Mike Wayland @mikewayland.bsky.social · 28/05/2025
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...
cnbc.com
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.
2144
Mike Wayland @mikewayland.bsky.social · 23/05/2025
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/
autonews.com
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.”
000
Mike Wayland @mikewayland.bsky.social · 21/05/2025
Toyota redesigns America’s top-selling RAV4 SUV to exclusively be a hybrid www.cnbc.com/2025/05/20/t...
cnbc.com
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.
120
Mike Wayland @mikewayland.bsky.social · 20/05/2025
Here at Toyota’s HQ for the first time. Really impressive campus.
020
Mike Wayland @mikewayland.bsky.social · 16/05/2025
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...
cnbc.com
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.
010
Mike Wayland @mikewayland.bsky.social · 13/05/2025
GM unveils new 'groundbreaking' EV battery tech, aims to be first to market cnb.cx/3F9Q7xj
cnb.cx
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.
020
Mike Wayland @mikewayland.bsky.social · 12/05/2025
GM hires ex-Tesla, Aurora exec Sterling Anderson to newly created position of chief product officer cnb.cx/4diISQm
cnb.cx
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.
010
Mike Wayland @mikewayland.bsky.social · 07/05/2025
Used vehicle pricing barometer jumps to highest level since 2023 amid auto tariffs: www.cnbc.com/2025/05/07/u...
cnbc.com
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.
051
Mike Wayland @mikewayland.bsky.social · 06/05/2025
Luxury carmaker Ferrari warns of U.S. tariff risks after 17% jump in first-quarter profit cnb.cx/3GBqPJ1
cnb.cx
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.
010
Mike Wayland @mikewayland.bsky.social · 05/05/2025
Inside GM’s decade-long battle to revive Cadillac as the quintessential American luxury car brand: www.cnbc.com/2025/05/05/g...
cnbc.com
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.
020
Mike Wayland @mikewayland.bsky.social · 30/04/2025
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
cnb.cx
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
010
Mike Wayland @mikewayland.bsky.social · 30/04/2025
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.
120
Reposted by Mike Wayland
Carl Quintanilla @carlquintanilla.bsky.social · 23/04/2025
".. 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...
cnbc.com
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.
21546134
Mike Wayland @mikewayland.bsky.social · 23/04/2025
Trump wants automakers to move vehicle production to the U.S. Why it’s not that simple: www.cnbc.com/2025/04/23/t...
cnbc.com
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.
000
Mike Wayland @mikewayland.bsky.social · 22/04/2025
NEW: Auto groups lobby Trump administration against parts tariffs in rare unified message www.cnbc.com/2025/04/22/a...
cnbc.com
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.
000
Mike Wayland @mikewayland.bsky.social · 18/04/2025
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...
cnbc.com
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.
020
Mike Wayland @mikewayland.bsky.social · 16/04/2025
NEW: Nissan aims to 'max out' U.S. production plant amid Trump's tariffs cnb.cx/42JHH8R
cnb.cx
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.
000
Reposted by Mike Wayland
Carl Quintanilla @carlquintanilla.bsky.social · 16/04/2025
It’s all about inventories now. And how fast they’ll shrink. @mikewayland.bsky.social @cnbc.com $GM $F $STLA www.cnbc.com/2025/04/16/u...
29691155
Mike Wayland @mikewayland.bsky.social · 16/04/2025
NEW: Nissan aims to 'max out' U.S. production plant amid Trump's tariffs cnb.cx/42JHH8R
cnb.cx
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.
000
Mike Wayland @mikewayland.bsky.social · 15/04/2025
The auto industry is having an unprecedented challenge in trying to plan out their businesses. It’s “no longer the exception” … it’s pretty normal, says Magna CEO Swamy Kotagiri.
010
Mike Wayland @mikewayland.bsky.social · 15/04/2025
Elkann says company is hopeful regarding Trump's comments yesterday about "help" for some automakers: www.cnbc.com/2025/04/14/a...
cnbc.com
Auto stocks rise as Trump says he wants to 'help' some car companies
The comments pushed stocks such as Ford, GM and Chrysler parent Stellantis higher, swinging from trading levels or negative to being up between 1% and 4%.
000
Mike Wayland @mikewayland.bsky.social · 15/04/2025
Stellantis Chair John Elkann, who's leading search for a CEO, says “painful” tariffs are putting U.S. automotive industry “at risk.”
010
Mike Wayland @mikewayland.bsky.social · 14/04/2025
NEW: $GM adjusting U.S. production amid Trump's tariffs, including the cancellation of previously announced downtime the week of May 12 at its Spring Hill plant in Tennessee: "The company continues to update and revise production schedules as part ... " www.cnbc.com/2025/04/14/a...
cnbc.com
Auto stocks rise as Trump says he wants to 'help' some car companies
The comments pushed stocks such as Ford, GM and Chrysler parent Stellantis higher, swinging from trading levels or negative to being up between 1% and 4%.
010
Mike Wayland @mikewayland.bsky.social · 14/04/2025
Auto stocks rise as Trump says he wants to 'help' some car companies cnb.cx/42IztOd
cnb.cx
Auto stocks rise as Trump says he wants to 'help' some car companies
The gains pushed stocks such as Ford Motor, General Motors and Chrysler parent Stellantis swung from level or negative to being up between 1% and 4%.
010
Mike Wayland @mikewayland.bsky.social · 14/04/2025
Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion www.cnbc.com/2025/04/12/a...
cnbc.com
Trump's ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
Expectations include millions of less vehicle sales, higher new and used vehicle prices and increased costs of more than $100 billion for the industry.
020
Mike Wayland @mikewayland.bsky.social · 11/04/2025
GM cutting jobs, idling Canadian electric van plant due to 'market demand' cnb.cx/4ie4AGa
cnb.cx
GM cutting jobs, idling Canadian electric van plant due to 'market demand'
General Motors is cutting production of its all-electric delivery vans at a plant in Canada ahead of idling the facility through much of this year.
062
Mike Wayland @mikewayland.bsky.social · 11/04/2025
Lincoln to keep importing Nautilus from China, but price increase ‘likely’ if tariffs persist autonews.com/ford/an-linc... via @mikemartinezan.bsky.social
autonews.com
Lincoln to keep importing Nautilus from China, but price increase ‘likely’ if tariffs persist
The Nautilus crossover, Lincoln's bestseller in the U.S. last year, faces steep tariffs as part of President Donald Trump's levies on China imports.
011
Mike Wayland @mikewayland.bsky.social · 10/04/2025
Fain on tariffs: “Tariffs are a tool in the toolbox. They are a first step ... They are a start to stop the bleeding" of free trade deals such as NAFTA/USMCA. But says they need to be implemented strategically.
000
Mike Wayland @mikewayland.bsky.social · 10/04/2025
Fain on accusations the union is "flipflopping" by supporting Trump's tariffs: "We aren’t Democrats. We’re not Republics. We’re trade unionists.” Says union can back actions without agreeing with candidates.
000
Mike Wayland @mikewayland.bsky.social · 10/04/2025
Fain accuses Trump and Republicans of stealing “money from the public to pay for billionaire tax cuts.”
000
Mike Wayland @mikewayland.bsky.social · 10/04/2025
Fain now criticizing Trump for "trampling" of rights; deportations for no reasons; protest arrests; not upholding First Amendment.
010
Mike Wayland @mikewayland.bsky.social · 10/04/2025
Fain says the UAW has fought for an "end to the free trade disaster” under both Democrats and Republicans.
000
Mike Wayland @mikewayland.bsky.social · 10/04/2025
UAW President Shawn Fain on current state of politics: "Both sides talk about bulls*** issues to hype up their fanbase ... We have a different way of doing politics … we see politics as a negotiation.” Says union is not on the side of Trump (following support for tariffs).
000
Mike Wayland @mikewayland.bsky.social · 10/04/2025
Carmax misses bottom-line earnings expectations and pulls long-term financial targets amid Trump's tariff rollercoaster.
000
Mike Wayland @mikewayland.bsky.social · 10/04/2025
Canada's 25% auto tariffs REMAIN in effect. Here's how they differ from the U.S. cnb.cx/3RcmWwa
cnb.cx
Canada's 25% auto tariffs are in effect. Here's how they differ from the U.S.
Canada's 25% auto tariffs took effect Wednesday, but the new levies differ in many ways from those implemented last week by President Donald Trump.
010
Mike Wayland @mikewayland.bsky.social · 09/04/2025
Bessent, when asked about sectoral tariffs such as autos, said the 90-day pause DOES NOT APPLY.
030
Mike Wayland @mikewayland.bsky.social · 09/04/2025
U.S. Secretary of the Treasury Scott Bessent says Mexico and Canada are part of the 90-day pause and universal 10% tariff, HOWEVER, again, those countries as well as the autos were not part of the reciprocal tariffs.
021
Mike Wayland @mikewayland.bsky.social · 09/04/2025
SO ... unclear if the auto tariffs will be changed, as Trump mentions reciprocal tariff pullback, but Wall Street seems optimistic: www.cnbc.com/2025/04/09/t...
130
Mike Wayland @mikewayland.bsky.social · 09/04/2025
NEW: Canada’s 25% auto tariffs are in effect, but there are MAJOR differences compared to Trump's U.S. levies: www.cnbc.com/2025/04/09/c...
cnbc.com
Canada's 25% auto tariffs are in effect. Here's how they differ from the U.S.
Canada's 25% auto tariffs took effect Wednesday, but the new levies differ in many ways from those implemented last week by President Donald Trump.
023
Mike Wayland @mikewayland.bsky.social · 09/04/2025
Jamie Dimon says a recession is 'likely outcome' from Trump's tariff turmoil cnb.cx/4lf6TeC
cnb.cx
Jamie Dimon says a recession is 'likely outcome' from Trump's tariff turmoil
100
Mike Wayland @mikewayland.bsky.social · 09/04/2025
After downgrading GM, Bernstein also says stay away from Ford Motor shares as 'tariff man' uncertainty increases: www.cnbc.com/2025/04/09/s...
cnbc.com
Stay away from Ford Motor shares as tariff uncertainty increases, Bernstein says
The firm lowered its rating on the legacy carmaker to underperform from market perform.
000
Mike Wayland @mikewayland.bsky.social · 08/04/2025
Scooplet: GM axing Cadillac XT6 crossover, extending production of another vehicle in Tennessee www.cnbc.com/2025/04/08/g...
cnbc.com
GM axing Cadillac XT6 crossover, extending production of another vehicle in Tennessee
GM is ending production this year of a gas-powered Cadillac crossover at a plant in Tennessee, while extending production of another vehicle at the facility.
010