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: GM
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
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
Trump official: Self-driving cars must benefit rural communities, not just cities
Transportation Secretary Elaine Chao.(Photo: Brendan Smialowski, AFP/Getty Images) DETROIT — A top Trump administration official said it’s vital for the auto industry to ensure that self-driving cars help improve life in rural communities and not just urban areas. Transportation Secretary Elaine Chao also hailed the “tremendous potential” of self-driving vehicles to improve automotive safety and drive economic… Continue reading Trump official: Self-driving cars must benefit rural communities, not just cities
U.S. transit chief to unveil revised self-driving car guidelines
DETROIT (Reuters) – The Trump administration plans to unveil revised self-driving car guidelines this summer as the government works to rewrite regulations that pose legal barriers to robot vehicles, U.S. Transportation Secretary Elaine Chao said on Sunday. Chao said the revised guidelines would address not only self-driving automobiles but also “barriers to the safe integration… Continue reading U.S. transit chief to unveil revised self-driving car guidelines
Car sales return to Russia after four years of diving
Dealers are breathing again in Russia. The local automotive market, still led by Lada, a subsidiary of Renault, recorded last year a volume of 1.59 million new registered vehicles, an increase of 11.9% compared to 2016. Phenomenon attributable in particular to the bottom current level of inflation and the stability of the ruble, which gives… Continue reading Car sales return to Russia after four years of diving
Fiat CEO Sees Room to Double Profit by 2022
Fiat Chrysler Automobiles NV Chief Executive Officer Sergio Marchionne, one of the longest-serving bosses in the auto industry, said the company can double profit within five years by exploiting the potential of the Jeep brand. Sergio Marchionne Photographer: Chris Ratcliffe/Bloomberg With the offroad nameplate in position to grab as much as 20 percent of the… Continue reading Fiat CEO Sees Room to Double Profit by 2022
Detroit Motor Show: Tesla, Porsche & Co. Stay Home
General Motors at Detroit 2018 + The American automaker is loyal to the traditional car show. (Photo: Bloomberg) Even a few years ago, the car industry had an unwritten law: In January, the top management in the large car companies prescribed a holiday ban. The start of the year Detroit Motor Show heralded the new… Continue reading Detroit Motor Show: Tesla, Porsche & Co. Stay Home