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Tesla employees in Germany plan works council

The Tesla plant near Berlin will employ 12,000 workers, although only about a sixth of that have been hired so far, meaning the election of a works coRead More

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Keating Auto adds 4 dealerships in Texas 2021-12-08 09:35:42Keating Auto Group purchased four Texas dealerships in two separate transactions over the past week and a half. The group now has 27 rooftops.

Buttigieg rebuts Elon Musk on EV subsidies 2021-12-08 07:32:02The U.S. transportation chief contends the Biden administration is committed making sure the transition to EVs will happen quickly enough to meet the

Ford to expand, modernize Thailand plant with $900 2021-12-08 06:48:35Ford also plans to add a second shift, which could create as many as 1,250 jobs.

VW secures raw materials as part of $34B 2021-12-08 06:03:46The automaker will form key partnerships with chemicals and recycling companies and battery startups as it seeks to close a gap with rival Tesla

BMW says long-term contract will secure millions of 2021-12-08 05:02:03The deal is another sign that automakers are sidestepping traditional suppliers to instead deal directly with semiconductor manufacturers to secure vi

Stellantis CEO: Microchip shortage damaged relationships between automakers, 2021-12-08 04:14:43Automakers have only a hazy view of chip supplies for the coming two years, and that is pushing them to look elsewhere to solve supply-chain headaches

Intel aims to build chip plants with money 2021-12-08 03:26:00Intel plans to build two chip plants in Arizona, and add other plants in the U.S. and Europe at sites that have not been announced.

VW said to be exploring potential $100B Porsche 2021-12-07 15:14:27The Porsche and Piech families would reduce their stake in VW to take direct control of the Porsche sports-car business.

Sonic completes $700M acquisition of RFJ Auto Partners 2021-12-07 14:19:38Sonic's $700 million acquisition of RFJ Auto Partners Holdings Inc. bolsters its presence in Texas but also adds six new states to its footprint.

GM's BrightDrop opens first dealership 2021-12-07 13:15:47General Motors' electric delivery van brand BrightDrop is opening its its first dealership Tuesday, run by Chevrolet-Buick-GMC dealer Mike Caposio in

Intel to take Mobileye unit public in 2022 2021-12-07 10:00:45Intel Corp. plans to list shares of its Mobileye self-driving car business by the middle of next year, letting the chipmaker capitalize on its investm

Ford to launch subscription-based field service tool for 2021-12-07 10:00:00The tool, called Viizr and built on Salesforce software, is meant to help small businesses improve efficiency and drive recurring revenue for Ford.

Automotive news - from

EcoPro BM to open first European factory unit 2021-12-08 09:41:07Hungary’s Investment Promotion Agency (HIPA), says EcoPro BM is to open its first European factory unit in Debrecen, which is...Read More... The

VW still considering Porsche IPO – reports 2021-12-08 09:00:28Volkswagen is still considering a possible initial public offering of its luxury brand Porsche as a way to fund its...Read More... The post VW still c

Ford to boost Thailand Ranger/Everest output 2021-12-08 08:48:33Ford reportedly is spending US$900m to upgrade factories in Thailand which build the Ranger pickup truck and Everest SUV. Reuters...Read More... The p

EMP wins HV fans contract for FCV trucks 2021-12-08 08:09:59EMP has wond a new development contract to supply high voltage fans for use in cooling a fuel cell truck....Read More... The post EMP wins HV fans con

China’s auto industry steps up export drive 2021-12-08 07:23:50China’s automotive industry has stepped up its efforts to expand into global markets, with many local vehicle manufacturers having doubled...Rea

GM announces casting plant spend 2021-12-08 06:40:25General Motors plans to spend $51m to install equipment at its Bedford, Indiana aluminium die casting foundry to manufacture drive...Read More... The

Taiwan sales fall 13% in November 2021-12-08 05:51:57Taiwan’s new vehicle market declined by over 13% to 40,103 units in November 2021 units from 46,332 units a year...Read More... The post Taiwan

AirCarbon Launches Global Carbon Exchange 2021-12-08 05:37:02Concept: Singapore’s startup AirCarbon has launched AirCarbon Exchange, a central marketplace for the trading of carbon credits using AirCarbon

LG Energy Solution confirms IPO, targets US$10.9bn 2021-12-08 05:35:51LG Energy Solution annonced plans to list its shares on the South Korean main KOSPI stock market early next year...Read More... The post LG Energy Sol

NTT Docomo Unveils New Blade-Free Drone 2021-12-08 04:37:28Concept: Japanese telecommunications company NTT Docomo (Docomo) has rolled out a new blade-free and blimp-type drone that can fly silently...Read Mor

Supply shortage curtails Australia sales 2021-12-07 09:19:36Car sales in Australia dropped 15.3% year on year last month with 80,639 new vehicles sold in November 2021. “Demand...Read More... The post Sup

Stellantis and Foxconn form chip JV 2021-12-07 08:41:31Stellantis and Hon Hai Technology Group, (Foxconn) have signed a non-binding memorandum of understanding to create a partnership to design...Read More

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