DETROIT (Reuters) – Ford Motor Co (F.N) will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show. The investment figure is sharply higher than a previously announced target… Continue reading UPDATE 3-Ford plans $11 billion investment, 40 electrified vehicles by 2022
Tag: Manufacturing
China Digest: Kintor Pharma, CalmCar, MLog, Yida Media raise funding
January 15, 2018 Five Chinese startups have raised a total of $81.6 million from venture capital and private equity companies in China, according to a China Money Network report. Kintor Pharmaceuticals raises $44 million Series C Chinese pharmaceutical research company Suzhou Kintor Pharmaceutical Inc has raised $44 million in a Series C funding round led by… Continue reading China Digest: Kintor Pharma, CalmCar, MLog, Yida Media raise funding
Subaru Corporation Announces Production and Retail Sales Plans for CY2018
January 15, 2018 – Production and Sales to Surpass One Million Units for Third Consecutive Year – Tokyo, January 15, 2018 – Subaru Corporation today announced its annual production and retail sales plans for calendar year 2018. 1.Production (Units in Thousands) 2017 Result ’17 vs ’16 2018 Plan ’18 vs ’17 Japan Production 710 -2％… Continue reading Subaru Corporation Announces Production and Retail Sales Plans for CY2018
VW to spend more than $3.3 bln through 2020 on U.S. model expansion
DETROIT (Reuters) – Volkswagen (VOWG_p.DE) plans to spend more than $3.3 billion on development and production of new models in North America from 2018 to 2020 as the German group reboots operations in the world’s second-largest auto market. Some $1.2 billion of the planned investments are destined for the United States where Volkswagen in 2018… Continue reading VW to spend more than $3.3 bln through 2020 on U.S. model expansion
Top Automotive Industry News for Week of January 8 – January 14, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week January 8, 2018 – January 14, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- 2018 Detroit Auto Show Preview: Here’s What to Expect (Car &… Continue reading Top Automotive Industry News for Week of January 8 – January 14, 2017
UPDATE 1-Ford ups electric vehicle plans to $11 billion by 2022 – executive
(Reuters) – Ford Motor Co (F.N) will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show. This is up from a previously announced target of $4.5 billion by 2020. The investments will be made in full electric and plug-in… Continue reading UPDATE 1-Ford ups electric vehicle plans to $11 billion by 2022 – executive
Recaro partners with Ford on the Special Edition Mustang Bullitt, debuting at NAIAS
DETROIT, Jan. 14, 2018 /PRNewswire/ — “Steve McQueen is a legend. And Bullitt is a legend as well as the famous dark green Ford Mustang he drifted through San Francisco,” said Martin C. Klein, head of Recaro Automotive Seating. “Recaro is a perfect fit and we are honored to deliver our equally legendary performance seats for… Continue reading Recaro partners with Ford on the Special Edition Mustang Bullitt, debuting at NAIAS
Ford reveals all-new Ranger
Show Thumbnails Show CaptionsLast SlideNext Slide The Ranger’s body features a high beltline that emphasizes strength, while a raked grille and windshield provide an athletic appearance, designed to aid in aerodynamics and reduce wind noise.(Photo: Ford) Ford Motor Co. pulled the curtain off the new 2019 Ranger, bringing the midsize pickup back to North America… Continue reading Ford reveals all-new Ranger
Live: Ford reveals all-new Ranger
The Ranger’s body features a high beltline that emphasizes strength, while a raked grille and windshield provide an athletic appearance, designed to aid in aerodynamics and reduce wind noise.(Photo: Ford) Ford Motor Co. pulled the curtain off the new 2019 Ranger, bringing the midsize pickup back to North America for the first time since 2011.… Continue reading Live: Ford reveals all-new Ranger
Toyota Kicks Off Detroit Auto Show with Its ‘Walk In My Boots’ Community Outreach Program By Helping Local Families In Need
Donates Winter Boots and Socks To Homeless and Low-Income Families Enriching Lives…One Step At A Time at The Salvation Army Harbor Light/Booth Family ShelterHeld in conjunction with the 2018 North American International Auto Show January 14, 2018 DETROIT, Jan.13, 2018 – For the seventh consecutive year, while showcasing new vehicles at the North American… Continue reading Toyota Kicks Off Detroit Auto Show with Its ‘Walk In My Boots’ Community Outreach Program By Helping Local Families In Need