Delivery giant DHL and Club holding Ford Motor (F) struck an electric van and software deal that bolsters the automaker’s multipronged EV strategy, an approach that’s central to why we own the stock. The news DHL will acquire 2,000 Ford E-Transit cargo vans by the end of 2023, the companies announced Monday. The agreement also includes… Continue reading DHL buying Ford E-Transit cargo vans showcases the automaker’s electric vehicle strategy
Category: US Motoring Press
Stellantis to pay bigger fine in final order to resolve Jeep plant odor violations
The maker of Jeep SUVs will pay an increased fine to the state of Michigan’s general fund as a part of the final consent order to resolve ducting and odor violations at its new plant in Detroit instead of planting trees at a local park. Stellantis NV now will pay a fine of $136,832 instead… Continue reading Stellantis to pay bigger fine in final order to resolve Jeep plant odor violations
GM’s BrightDrop to make vans for DHL Express Canada, starts Ontario production
Ingersoll, Ontario — General Motors Co.’s BrightDrop electric delivery vehicle company is adding DHL Express Canada logistics company as a customer, the automaker said Monday. The company also said Monday it has launched production of the BrightDrop Zevo 600 electric delivery vans at GM’s CAMI Assembly plant in Ontario, making it Canada’s first EV factory.… Continue reading GM’s BrightDrop to make vans for DHL Express Canada, starts Ontario production
Stellantis COO Mark Stewart touts 30% break-even point in North America
Detroit — The chief operating officer in North America for the maker of Jeep SUVs and Ram trucks says the automaker’s break-even point is below 30% of revenue in the region. Stellantis NV CEO Carlos Tavares has emphasized the automaker’s goal to keep its overall break-even point below 50% to make the transition to a… Continue reading Stellantis COO Mark Stewart touts 30% break-even point in North America
Toyota’s new Prius won’t be its last. Here’s why
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Renault-Nissan alliance talks continue as Uchida heads to France
This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Renault-Nissan alliance talks continue as Uchida heads to France
VW Group software shuffle could end Audi Artemis project
Audi will axe its Artemis autonomous driving project under Volkswagen Group CEO Oliver Blume’s new software plan, a report has claimed. German trade publication Automobilwoche said Artemis – which sought to develop a Level Four-capable autonomous vehicle by 2024 – has been cancelled because of slow progress. The news follows recent confirmation that Volkswagen’s Trinity flagship… Continue reading VW Group software shuffle could end Audi Artemis project
UK car sales recover for fourth consecutive month
The Ford Fiesta displaced the Vauxhall Corsa in the UK sales charts during November, as the market enjoyed its fourth consecutive month of year-on-year growth. A total of 142,889 cars were registered during November 2022, a 23.5% increase over the same period last year, according to data from the Society of Motor Manufacturers and Traders… Continue reading UK car sales recover for fourth consecutive month
Toyota hints at future combustion-powered GR sports cars
Toyota is committed to maintaining and expanding its Gazoo Racing sports car offering – but has no plans to electrify the line-up in the immediate future. The ‘GR’ performance line-up currently comprises four cars: the Toyota GR Yaris, Toyota GR Supra, Toyota GR86 and Toyota GR Corolla. Each of these is a highly bespoke proposition… Continue reading Toyota hints at future combustion-powered GR sports cars
Toyota: hybrids have key role to play in slashing CO2
Toyota has doubled down on its belief that battery-electric vehicles cannot be the only approach to reducing emissions, citing numerous advantages of hybrid and hydrogen drivetrains as reasons for its ‘multi-tech’ approach to vehicle development. Speaking at Toyota’s annual Kenshiki forum, the company’s chief scientist, Gill Pratt – who recently told Autocar that he believes… Continue reading Toyota: hybrids have key role to play in slashing CO2