GM invests in Pontiac Stamping to support EV production, creates new job positions

General Motors is investing $40 million at its Pontiac Stamping plant and creating 20 new job positions in the process. GM will renovate the existing plant and install new, highly flexible fabrication machinery and presses to support future electric vehicle production and the production of traditional gasoline vehicles that the automaker currently produces. GM declined to offer more specific details… Continue reading GM invests in Pontiac Stamping to support EV production, creates new job positions

Alexandra Ford English, Henry Ford III win election to Ford Motor Company board

The great-great grandchildren of Henry Ford, founder of Ford Motor Co., won seats on the company’s influential board of directors. Henry Ford III and Alexandra Ford English had been nominated by the company at ages 40 and 33 to stand for election to the board at its virtual annual shareholder meeting on Thursday, the company announced on March 12. English, the daughter… Continue reading Alexandra Ford English, Henry Ford III win election to Ford Motor Company board

Officials: Tesla in fatal California crash was on Autopilot

Los Angeles – A Tesla involved in a fatal crash on a Southern California freeway last week was operating on Autopilot at the time, authorities said. The May 5 crash in Fontana, a city 50 miles (80 kilometers) east of Los Angeles, is under investigation by the National Highway Traffic Safety Administration. The probe is the… Continue reading Officials: Tesla in fatal California crash was on Autopilot

GM invests $40 million at Pontiac Stamping for future EVs

Detroit — General Motors Co. on Friday said it will invest $40 million at its Pontiac Stamping Plant to prepare for coming electric vehicles. Renovation will start immediately and include the installation of “highly flexible fabrication machinery and presses to support future electric vehicle production and various product applications,” the automaker said in a press release. The investment will create 20 new… Continue reading GM invests $40 million at Pontiac Stamping for future EVs

Stellantis CEO says brands have 10 years to prove their worth

All 14 brands of Stellantis NV will have a decade of support and funding to prove their ability to rebound or grow, and their products will be developed in the regions where they are sold, CEO Carlos Tavares said Thursday. The transatlantic automaker offers popular Ram pickup trucks and Jeep SUVs in the United States… Continue reading Stellantis CEO says brands have 10 years to prove their worth

Lordstown Motors Shares Plunge as Investors See Problems

Mr. Burns’s tenure at Workhorse was decidedly mixed. Workhorse has lost money for years, and its annual revenue was never more than $10 million when Mr. Burns ran the company. One of his initiatives was a bid to supply delivery vehicles to the U.S. Postal Service. While the company was a finalist, it lost to… Continue reading Lordstown Motors Shares Plunge as Investors See Problems

Stellantis extends downtime at Chrysler minivan plant

Stellantis NV is extending downtime another week at its Chrysler minivan plant in Windsor, Ontario, the automaker confirmed Tuesday. The plant, home to the Chrysler Pacifica and Voyager, will idle the week of May 17. The plant has been down since late March and was shut down for three weeks in February before that due to the global semiconductor… Continue reading Stellantis extends downtime at Chrysler minivan plant