Growth in sales of electric vehicles has created thousands of jobs in auto manufacturing, batteries and other new fields, but not without turmoil. There is talk of layoffs at some suppliers and automakers even as other companies expand. I cover the auto industry for The New York Times, and I am planning to write about… Continue reading Do You Work in the Auto Industry? We Want to Hear From You.
Category: US Motoring Press
Jury Rules for Elon Musk and Tesla in Investor Lawsuit Over Tweets
A jury decided Friday that Elon Musk was not liable for losses suffered by investors after he posted messages on Twitter saying he had secured the funding to take Tesla private in 2018. Investors had sued Mr. Musk, Tesla and the company’s board, arguing that his statements about his embryonic plan to take the electric… Continue reading Jury Rules for Elon Musk and Tesla in Investor Lawsuit Over Tweets
Ford Lost $2 Billion in 2022 as Some Investments Soured
The company sold 1.15 million vehicles in the fourth quarter, an increase from 1.1 million a year earlier but about 500,000 fewer than Ford had expected, Mr. Lawler said. Ford’s production has been slowed by the global shortage of computer chips, and Mr. Lawler said the company expected some disruptions to continue this year and… Continue reading Ford Lost $2 Billion in 2022 as Some Investments Soured
GM Posts Solid Profit as It Pushes to Take On Tesla in EVs
General Motors on Tuesday reported solid profits for 2022, after overcoming the computer chip shortages and softening demand that has slowed much of the auto industry last year. The company reported $9.9 billion in net income, slightly below the total from the year before, while revenue rose 23 percent to $157 billion. It sold 3.6… Continue reading GM Posts Solid Profit as It Pushes to Take On Tesla in EVs
Scout Motors picks South Carolina for new $2B EV plant
Columbia, S.C. – A Volkswagen Group-backed automotive company announced plans this week to open a $2 billion electric truck and SUV manufacturing plant just outside of Columbia, South Carolina. Scout Motors Inc. and South Carolina officials said Friday that the company would be establishing its first manufacturing plant in Blythewood at an industrial site. At… Continue reading Scout Motors picks South Carolina for new $2B EV plant
Maruti Suzuki to begin Jimny 5-door production in April
Following the reveal of its five-door Jimny SUV at the Auto Expo 2023 on January 12, Maruti Suzuki India had opened bookings and received over 15,000 bookings in just three weeks. Since then, bookings have crossed the 18,000 mark. Slated to go on sale in May 2023, bookings for the iconic SUV are underway and… Continue reading Maruti Suzuki to begin Jimny 5-door production in April
Mercedes-Benz’s upcoming pilot battery recycling plant to have over 96% recovery rate
Mercedes-Benz’s upcoming pilot battery recycling plant to have over 96% recovery rate Mercedes-Benz held a ground-breaking ceremony for a new battery recycling factory in Kuppenheim, Germany, yesterday. The facility is aimed at cutting resource consumption and establishing closed-loop recycling of battery raw materials. The first stage of the plant – mechanical dismantling of electric vehicle… Continue reading Mercedes-Benz’s upcoming pilot battery recycling plant to have over 96% recovery rate
Mercedes-Benz’s upcoming pilot battery recycling plant to have over 96% recovery rate
Mercedes-Benz’s upcoming pilot battery recycling plant to have over 96% recovery rate Mercedes-Benz held a ground-breaking ceremony for a new battery recycling factory in Kuppenheim, Germany, yesterday. The facility is aimed at cutting resource consumption and establishing closed-loop recycling of battery raw materials. The first stage of the plant – mechanical dismantling of electric vehicle… Continue reading Mercedes-Benz’s upcoming pilot battery recycling plant to have over 96% recovery rate
Celebrate Women’s Day 2023 with Autocar Professional
The third month of the year is International Women’s Month and its eighth day is celebrated as International Women’s Day the world over. This year, March 8 has a sharpened focus with the theme of ‘Embrace Equity’. There is no better time than now to recognise and honour the amazing achievements of women across all… Continue reading Celebrate Women’s Day 2023 with Autocar Professional
EV sales charge past 100,000 units for fifth month in a row and a million in FY2023’s first 11 months
EV sales charge past 100,000 units for fifth month in a row and a million in FY2023’s first 11 months Sales of electric vehicles (EVs) in India have surpassed the 100,000-units milestone for the fifth consecutive month. As per the government’s Vahan data (as of 10pm, March 3), new EV registrations in February 2023 were… Continue reading EV sales charge past 100,000 units for fifth month in a row and a million in FY2023’s first 11 months