VW's new EV production line in Zwickau faced a potential time-consuming process, but supplier Dürr devised a fix.
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The automaker is keeping a close watch on the Delta variant of COVID-19 and may be forced to adjust its mask policy, to keep in line with federal public health guidance.
Continue Reading the above article 'Consumer demand, inventory squeeze could last anot...
Ford said it had expected a net loss for the quarter but performed better because of strong demand, lower incentives and a favorable mix of more profitable vehicles.
Continue Reading the above article 'Ford turns $561M profit in Q2, raises full-year ou...
While pickup truck production is set to resume Monday, six other North American plants will take additional downtime, including Fairfax Assembly, which has been idled for nearly six months.
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Sonic Automotive purchased two import dealerships in Colorado — its first franchised dealership acquisitions since 2014.
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The electric automaker plans to pull out of high-rent shopping malls in favor of cheaper locations, Electrek reported. It will also reportedly focus on remote work.
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The French president was told by CEO Makoto Uchida that trust is growing between leaders of the automakers, an aide said.
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The bill — referred to as the Mature Technology Node Resiliency and Manufacturing Act — would approve $2 billion in funding for 2022 to support the production of mature semiconductor technology, which the auto industry relies on.
Continue Reading the above article 'U.S. Rep. Dingell pushes bill to ease chip shortag...
The UAW got $1.1 million for a lakefront house in northern Michigan that was being built for former President Dennis Williams, who was sentenced to prison in the union's embezzlement scandal.
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Penske Automotive Group said net income totaled $340.4 million, higher than $44.8 million in the pandemic-impaired second quarter of 2020.
Continue Reading the above article 'Penske's Q2 net income soars to record...