Tag: Manufacturing
BMW warns about job losses in the US
Saturday, 06/30/2018 20:12 clock BMW has warned against possible cuts in investment and job losses in the US, should the American government Import duties on foreign cars rise. Customs would neither strengthen US growth nor competitiveness, the corporation wrote in a letter to Secretary of Commerce Wilbur Ross. Any US tariffs are expected to be… Continue reading BMW warns about job losses in the US
BMW raises prices in China because of US tariffs
Monday, 09/07/2018 15:15 clock German SUVs are becoming more expensive for Chinese customers. BMW wants to raise its prices in China because of the increased toll on US cars. Currently, the company is still calculating the “necessary price increases” in this context. At the moment, however, it still remains at the current list prices for… Continue reading BMW raises prices in China because of US tariffs
Adient Declares Quarterly Dividend
PLYMOUTH, Mich., June 5, 2018 /PRNewswire/ — The board of directors of Adient plc (NYSE: ADNT), a global leader in automotive seating, today announced that its Board of Directors declared a quarterly cash dividend of $0.275 per ordinary share, payable on August 15, 2018 to shareholders of record at the close of business on July 18,… Continue reading Adient Declares Quarterly Dividend
Tesla raises car prices in China -Electrek
(Reuters) – Tesla Inc (TSLA.O) has raised prices on its Model X and S cars by over $20,000 in China, automotive news website Electrek reported on Monday, making it one of the first U.S. carmakers to hike prices in the wake of rising trade tensions. FILE PHOTO: A sign is seen outside Tesla Motors’ new… Continue reading Tesla raises car prices in China -Electrek
Chevrolet Increases Bolt Production By More Than 20 Percent
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Chevrolet Increases Bolt Production By More Than 20 Percent
8 Jul 2018, 15:14 UTC · by Mircea Panait
/ Home / News / Industry
Ever since it went on sale for the 2017 model year, the Bolt had a problem. No, it’s not that fast-charging is too expensive even for an optional extra or the lack of adaptive cruise control, but demand continues to outpace supply. In the wake of Tesla’s success with the Model 3, General Motors decided to reply with a production increase of “more than 20 percent” for the electric hatchback.
26 photosEven though the production ramp-up will take effect in the fourth quarter of the year, that’s great news considering what General Motors plan for the near- to mid-future. More to the point, the automaker will bring 20 electric vehicles to market by 2023, expecting demand for this means of propulsion to grow like crazy by then.
To date, the biggest demand for the Bolt came from the United States, Canada, and South Korea. Over in Europe, General Motors told Opel and Vauxhall dealers to stop selling the Ampera-e (badge-engineered version of the Bolt) as much as possible despite thousands of orders from EV-friendly markets such as Norway.
From January 2018 through the end of June, the Bolt racked up no less than 7,858 firm orders. That’s 3.5 percent more than the first half of 2017, and by comparison, the Leaf managed 6,659 sales around here for Nissan in the same period.
Manufactured in Lake Orion, Michigan since October 2016, the Bolt starts at $37,495. That translates to $29,995 if you include the federal tax credit, the subcompact-sized model is described by its maker as “the first affordable all-electric car to offer an EPA-estimated 238 miles of range on a single charge.”
The Model 3 with the Standard Battery (50 kWh instead of 60 kWh for the Bolt), by comparison, starts at $35,000 ($27,500 with the federal tax credit), is larger and roomier, but the added heft takes its toll on range. According to Tesla, the EPA-rated range for the entry-level drivetrain option of the Model 3 sits at 220 miles.
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BMW agrees $4.7 billion contract with China’s CATL for battery cells
MUNICH (Reuters) – BMW plans to source 4 billion euros’ ($4.7 billion) worth of battery cells from Chinese battery maker Contemporary Amperex Technology Ltd (300750.SZ) (CATL) over the next few years, the carmaker’s purchasing head said on Monday. FILE PHOTO: The BMW logo is seen on a vehicle at the New York Auto Show in… Continue reading BMW agrees $4.7 billion contract with China’s CATL for battery cells
Tariffs create uncertainty in the automotive industry, says former Toyota exec
The Trump administration’s tariffs might hurt the car and truck industry more than help, auto industry veteran Jim Press told CNBC.
UPDATE 1-California agency opens third probe into Tesla’s Fremont factory
(Reuters) – A California agency for occupational safety said on Thursday it opened a third investigation at Tesla Inc’s factory in Fremont, California, following a complaint. FILE PHOTO: The Tesla logo is seen at the entrance to Tesla Motors’ new showroom in Manhattan’s Meatpacking District in New York City, U.S., December 14, 2017. REUTERS/Brendan McDermid/File… Continue reading UPDATE 1-California agency opens third probe into Tesla’s Fremont factory
Plant quality controller: the digitalization of a profession
Friday 06 July 2018 by Rachida Badri – Innovation Rachida Badri Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest While the customer is central to the connected and competitive plant of the future, the everyday lives of employees are being simplified by digital technology. More and more operators and managers are… Continue reading Plant quality controller: the digitalization of a profession