Tag: manufacturing
Proposed 2026 fuel economy standards put pressure on automakers and car...
On August 5, the NHTSA under the Biden Administration announced they would be seeking new, stricter fuel economy standards for all new light vehicles....
Stellantis to invest $35 billion in EV development through 2025
On Thursday, Stellantis announced a comprehensive electrification plan for all 14 brands at their EV Day 2021 virtual event. Stellantis CEO Carlos Tavares detailed...
Newly proposed EV legislation sparks controversy
As the push towards the electrification of the auto industry continues, questions about incentives and discounts remain a point of contention for lawmakers, automakers,...
Fisker and Magna International finalize manufacturing agreementÂ
Fisker Inc. and Magna International Inc. have signed an agreement that has been in the works since last year. The companies plan on starting...
Hyundai to recall 82,000 EVs for fire risk
Hyundai is recalling more than 82,000 electric vehicles globally due to a risk of fire. The recall campaign comes after 15 vehicle fires occurred...
Used Vehicle Demand in the US is Shaking Up Inventories
With costs of new vehicles rising and consumers’ pocketbooks still being strained by the coronavirus pandemic, used vehicle demand has significantly spiked since the...
7 New and Exciting Trends in Automotive Manufacturing and Retailing
Automotive manufacturing and retailing have changed dramatically over the last 5-10 years. Technology is advancing at a break-neck pace. Self-driving cars, electric vehicles, and...
Why the Industry is Seeing Decline in Domestic Vehicle Sales
Heading into the end of the year, the US domestic vehicle market has declined noticeably, a trend expected by many to continue. For some,...
Why Mercedes CEO Dietmar Exler is confident about the future of...
CNBC caught up with Dietmar Exler, CEO Mercedes USA at the New York Auto show to ask his opinion on the state of sales...