Stellantis, the parent company of Dodge, Jeep, and Chrysler, has selected Kokomo, Indiana, as the site for its next electric vehicle battery factory. The plant will be built in partnership with South Korea’s Samsung SDI, which is a leading EV battery maker. The companies made the announcement Tuesday alongside Indiana Governor Eric Holcomb and several… Continue reading Stellantis picks Indiana for its $2.5 billion EV battery factory with Samsung
Tag: FCA
Best British modern classic cars
If you’re looking for a modern classic from Britain, then you’re pretty well-catered for. We managed to find mid-engined sports cars, luxury limousines, practical hatchbacks and off-roaders which could all prove to be a savvy investment for years to come. Investing in a modern classic isn’t just for the wealthy either. We’ve included a wide variety… Continue reading Best British modern classic cars
Samsung to invest $356b over five years to push up growth in strategic sectors
Samsung Group will invest 450 trillion won ($356 billion) in the next five years to accelerate growth in semiconductors, biopharmaceutical and other next-generation technologies, Samsung Electronics said. South Korea’s top conglomerate said on Tuesday the investments through 2026 are expected to help Samsung drive long-term growth in strategic areas such as the chip sector, while pledging aggressive investments in the biopharmaceutical sector to make it as successful as its chip… Continue reading Samsung to invest $356b over five years to push up growth in strategic sectors
5 fastest cars in GTA Online in 2022 (updated) – Sportskeeda
GTA Online has no shortage of fast cars that players can buy and drive all around the game’s map, and recently, the developers have also been releasing new updates to add new vehicles and improve upon the existing ones. With all of this, it is safe to say that it is the best time to… Continue reading 5 fastest cars in GTA Online in 2022 (updated) – Sportskeeda
@niche: BLOWING PAST THE 100 GRAND BAR.001898
Editor’s Note: Peter’s column talks about industry pricing, complete with an update from James “Jimmy” Fu and S.L. “Sonny” King as the Fu-King Motors boys deal with supply issues like everybody else. “On The Table” features Mercedes-Benz legend Rudolph Uhlenaut’s magnificent 1955 300 SLR Coupe, which recently changed hands for the highest price in automotive history.… Continue reading @niche: BLOWING PAST THE 100 GRAND BAR.001898
Relationships are hard work. Suppliers say Chrysler parent Stellantis needs to try harder
Chrysler parent Stellantis has the worst working relations with North American automotive suppliers of six major automakers, according to a closely watched annual study of supplier perceptions. While all six automakers — Toyota, Honda, General Motors, Ford, Nissan and Stellantis — maintained their positions relative to their competitors in Plante Moran’s 22nd annual North American… Continue reading Relationships are hard work. Suppliers say Chrysler parent Stellantis needs to try harder
Ford and Stellantis say car sales fell at the start of the year.
Ford Motor said on Monday that its new-vehicle sales in the United States fell 17 percent in the first three months of the year, in line with other automakers that are struggling to keep their factories running amid a global shortage of computer chips. Ford said it had sold 429,174 cars and light trucks in… Continue reading Ford and Stellantis say car sales fell at the start of the year.
Toyota tops auto-supplier relations study, as Honda rises and Stellantis drops
Toyota Motor Corp. had the best working relationship with its North American suppliers, according to an annual study from accounting firm Plante Moran, while Honda Motor Co. showed the most improvement, and views on Jeep-maker Stellantis NV soured. This year’s North American Automotive OEM-Supplier Working Relations Index was ripe for change given the supply-chain disruptions ongoing for… Continue reading Toyota tops auto-supplier relations study, as Honda rises and Stellantis drops
American Axle pushes back on report it’s in talks to sell company
Auto supplier American Axle & Manufacturing Holdings Inc. late Sunday quashed a report that it’s in talks to sell the company. “While our long-standing policy is to not publicly comment on market rumors and media speculation, we feel it is important to clarify that we are not engaged in a process to sell the company,” the company… Continue reading American Axle pushes back on report it’s in talks to sell company
China Automotive Systems to Announce Unaudited 2022 First Quarter Financial Results on May 23, 2022
WUHAN, China, May 18, 2022 /PRNewswire/ — China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the first quarter ended March 31, 2022, on Monday, May 23, 2022, before the market opens. Management will… Continue reading China Automotive Systems to Announce Unaudited 2022 First Quarter Financial Results on May 23, 2022