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Automobile
Toyota cuts July global production plan by 50,000 vehicles
Toyota Motor Corp on Wednesday cut its July global production plan by 50,000 vehicles as semiconductor shortages and COVID-19 parts supply disruptions continued to curb output. The world's largest car maker by volume expects to make…
Forvia, formerly known as Faurecia, completes $741M capital increase
PARIS -- Supplier Forvia said it increased the company's share capital by around 705 million euros ($740.9 million) and will use the proceeds to fund the acquisition of German peer Hella.
Forvia, which was formerly known as Faurecia,…
Q&A: Magna CEO explains why the megasupplier expects a big boost from industry’s EV shift
Could you quantify what this increase in content per vehicle means?
If you look at the all-wheel-drive system, it's currently about $450 worth of content. With the move to e-drives, that increases to the $800 to $1,200 range. And as I…
Toyota brings back former executive Julie Hamp as media adviser to President Akio Toyoda
TOKYO — Julie Hamp, the global communications executive who broke the glass ceiling at Toyota Motor Corp. only to be arrested in Japan and sent to the U.S., is back at the world’s biggest automaker, this time as a special media adviser…
Ford’s Matt VanDyke leaving company, named president of digital marketing vendor
Matt VanDyke, a longtime Ford Motor Co. marketing executive who last year became CEO of the company's FordDirect joint venture with dealers, is leaving the automaker to become president of Shift Digital, a digital marketing vendor.…
Tesla Model Y tops Cars.com’s 2022 American-Made Index
Cars.com revealed on Tuesday its annual American-Made Index for 2022, which ranks vehicles by how American-made they really are. According to the index, based on data collected in April and May, 95 of the 379 automobiles produced in the…
FedEx moves from testing EV delivery trucks to adopting them
FedEx Corp has 150 BrightDrop zero-emissions delivery trucks rolling on Los Angeles streets and highways as it transitions from EV testing to adoption.
The partnership with BrightDrop, an 18-month-old General Motors subsidiary, advances…
Electrify Expo continues to grow as EVs gain popularity
Electrify Expo, North America's largest electric vehicle festival, kicked off its 2022 calendar in California this month as EV interest and popularity burgeons.Attendance at the festival in Long Beach on June 3-5 was up nearly 40…
GM’s Hummer plant to idle for expanded EV production prep
DETROIT — General Motors' Factory Zero electric truck plant, which builds the GMC Hummer EV pickup, will take four weeks of downtime starting Monday to prepare for expanded production, Automotive News has learned.
GM spokesman Dan…
Detroit 3 make masks optional at U.S. plants
General Motors, Ford Motor Co. and Chrysler parent Stellantis said on Tuesday they are making masking optional at all U.S. facilities.
In mid-May, the Detroit 3 and the UAW -- which have a COVID-19 joint task force -- reinstated a…