On the day set for Stellantis to idle its Belvidere Assembly Plant in Illinois, the automaker announced a $155 million investment related to electric vehicle production at three plants in Indiana. The Indiana announcement would retain more than 265 jobs and produce electric drive modules, which Stellantis, in a news release, called an all-in-one solution… Continue reading Stellantis announces $155M investments for EVs in Indiana, will still idle Belvidere plant
Category: US Motoring Press
Electric vehicle owners reveal surprising top favs — not Tesla, Ford, GM or VW
Perhaps the big news is that Tesla did not win top honors for electric vehicle ownership experience in the J.D. Power 2023 U.S. Electric Vehicle Experience Ownership study released Tuesday. Instead, fresh models from upstart Rivian and BMW-owned Mini Cooper stole the show. Meanwhile, General Motors and Volkswagen failed to get mentioned in the top… Continue reading Electric vehicle owners reveal surprising top favs — not Tesla, Ford, GM or VW
UAW runoff election nears end, counting to start Wednesday
Tuesday is the deadline for ballots to be received in the runoff election that will determine the UAW’s future president, but it was already clear days beforehand that more union members had returned their ballots than in the first go-around in the fall. As of Friday, the independent UAW monitor had already received 139,615 ballots,… Continue reading UAW runoff election nears end, counting to start Wednesday
Rivian Lost $6.8 Billion Last Year as Production Fell Short
The maker of electric trucks said it expected to double production in 2023 as the supply of parts became more reliable. Go to Source
Best cars for £3,000 or less
If you’re on a relatively tight budget for your next used car, there’s no need to worry. You can find plenty of quality second-hand car buys for £3,000 or less. We’ve tracked down a range of options for this price range, covering all sorts of models ranging from a hugely-practical van-based MPV to a plush… Continue reading Best cars for £3,000 or less
Rivian posts mixed fourth quarter and underwhelming EV production outlook, stock falls
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle startup Rivian Automotive reported mixed fourth-quarter earnings and a lackluster production outlook after the bell Tuesday. Shares of Rivian were down by roughly 8% during… Continue reading Rivian posts mixed fourth quarter and underwhelming EV production outlook, stock falls
UAW leadership faces historic upheaval ahead of union negotiations with Detroit automakers
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC DETROIT – As the United Auto Workers prepares for what are expected to be highly contentious negotiations with the Detroit automakers later this year, the union’s leadership is undergoing its largest upheaval… Continue reading UAW leadership faces historic upheaval ahead of union negotiations with Detroit automakers
Odometer fraud is a $1 billion problem. Here’s how it costs American drivers
A type of motor vehicle crime that costs consumers in the U.S. about $1 billion a year is on the rise, according to data firm Carfax. It’s called odometer fraud. Fraudsters looking to boost profits on the sale of a vehicle roll back the numbers on an odometer, duping buyers into thinking the car has… Continue reading Odometer fraud is a $1 billion problem. Here’s how it costs American drivers
GM cutting hundreds of executive, white-collar jobs
A month after CEO Mary Barra said General Motors Co. was “not planning layoffs,” the Detroit automaker is cutting about 500 executive-level and salaried jobs, The Detroit News has confirmed. GM isn’t providing the exact number of employees affected, but spokespeople for the company characterized it as a small number. As of December 2022, GM… Continue reading GM cutting hundreds of executive, white-collar jobs
Ram’s ‘Range Electric Paradigm Breaker’ truck will use engine to power battery
An internal combustion engine will charge the all-electric Ram truck’s battery in the “Range Electric Paradigm Breaker” model, Stellantis NV’s CEO confirmed Tuesday. While the technology had been teased since Stellantis’ EV Day in 2021, the Ram brand hadn’t confirmed details. But in response to a question during a roundtable, Carlos Tavares emphasized the need… Continue reading Ram’s ‘Range Electric Paradigm Breaker’ truck will use engine to power battery