Tag: automotive industry

BMW and Mercedes-Benz: The Next Automakers to Buddy Up?

Cooperation is commonplace among automakers. Chrysler has worked with, or been purchased by, just about everyone at this point, but it’s far from the only manufacturer to get chummy with a rival company. Ford and Volkswagen are busy discussing their future together and Toyota tapped other brands to help it co-develop performance models like the 86 […]

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Waymo Promises New Auto Jobs in Michigan

Alphabet’s self-driving arm, Waymo, announced plans for a Michigan expansion on Tuesday. The company is currently seeking a location in the southeast section of the state and intends to hire up to 400 employees over the next five years. According to a corporate blog post, the new new hires will be tasked with installing autonomous […]

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Automakers Understandably Freaking Out Over ‘No Deal’ Brexit

With Britain’s parliament rejecting Prime Minister Theresa May’s latest Brexit deal, European automakers stand to face some strong headwinds in the near future. As of now, no clear path lies ahead. Many believe the European Union will continue playing hardball, punishing Britain for leaving. But, even if it doesn’t, loads of regulatory and trade issues must […]

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Unifor Planning to Protest General Motors at Detroit Auto Show, UAW Boycotts Blazer

Things are starting to get truly ugly between Canada’s Unifor and General Motors. On Friday, the union held a rally in Windsor, Ontario, with that automaker’s headquarters just a river away. During the event, Unifor President Jerry Dias expressed his annoyance with the automaker’s restructuring plan and promised to bring the noise to GM’s front […]

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Blame China: Jaguar Land Rover Layoffs Won’t Be Exclusive to Europe

On Thursday, Jaguar Land Rover was reported to be in the midst of a plan that would eventually lay off roughly 10 percent of its UK workforce — roughly 4,500 employees. Considering the company has been forced to endure waning demand for sedans and just about everything with a diesel engine, a bit of restructuring was […]

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UAW Sues General Motors Over Temporary Workforce

Last week a lawsuit was filed with the U.S. District Court in Youngstown claiming that General Motors is in violation of a “memorandum of understanding” with the United Automobile Workers by allowing temporary employees to support the launch of some new product from Fort Wayne Assembly Plant. The facility, which is responsible for manufacturing the […]

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Could Norway’s EV Adoption Signal Our Own Electric Future?

Perhaps — but Norway treats EV owners like royalty. Battery electric vehicles are not subject to most of that country’s automotive taxes, are subsidized via credits, and are frequently offered free parking and charging points as a way to further encourage drivers to get away from gasoline and diesel. Norway is also working aggressively toward banning […]

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General Motors Now Mexico’s Top Automaker, UAW/Unifor Decidedly Annoyed

As General Motors takes aim at its own foot in the United States, it’s managed to become Mexico’s top automaker by volume. The company saw a nearly 3 percent U.S. decline in the fourth quarter of 2018, during which it announced the shuttering of several U.S. and Canadian facilities as part of a widespread restructuring program […]

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Why American Muscle Might Outlive the Standard American Sedan

Domestic sedans are currently being walked up to the edge of a mass grave. Beneath them rests their two-doored brethren and the first wave of four-doors previously executed by the Big Three. Ford has promised a lineup comprised almost entirely of pickups and utility vehicles in the coming years and General Motors is in the […]

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China Readies Rigid Auto Investment Rules for 2019

Despite spending a fortune supporting burgeoning automotive manufacturers and opening its door to foreign enterprises, China’s state planner has approved strict new regulations on investments within the industry. Following a handful of draft proposals earlier this year, China’s National Development and Reform Commission (NDRC) announced it will ban new independent businesses that make only traditional combustion engines […]

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China’s Qiantu Motor to Manufacture EVs in North America With Domestic Partner

Every few weeks, it seems there’s another Chinese manufacture promising to wriggle into North America. This week it’s Qiantu Motor, which intends to build the K50 electric sports car with help from California-based EV firm Mullen Technologies. According to a preliminary agreement published on Mullen’s website, the American firm will homologate, assemble, and market the electric sports […]

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Trade War Watch: China to Temporarily Suspend U.S. Auto Tariffs

China announced Friday its intent to reduce tariffs on imports of American-made cars as it tries to negotiate a trade deal with the United States. As you’ll recall, the People’s Republic imposed additional punitive tariffs on U.S. cars and auto parts earlier this year after promising it would lower the trade barriers on a global […]

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Ford Launches Phase One of Its Restructuring Plan; Changes Target Money-losing European Arm

Ford Europe announced it had shuffled its leadership on Friday as part of a larger restructuring plan, appointing executives in Germany and the United Kingdom to oversee “Sprint to 6 Reset and Redesign.” The strategy seeks to achieve a 6 percent EBIT (earnings before interest and taxes) margin, investing only in products and services that it believes best […]

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Battery Prices Likely Heading for the Ceiling After Congo Raises Royalty Rate

The Democratic Republic of Congo has declared cobalt a “strategic” substance, nearly tripling the royalty rate miners will have to pay on it. According to a governmental decree, miners will now pay 10 percent in royalties to extract the element. While we’ve previously warned of the likelihood of a global supply shortage elevating the price of […]

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Tesla Could Be Building Cars In China By 2019, According to Shanghai

The city of Shanghai claims Tesla could begin production in China in the second half of 2019, which would be an incredible achievement for the automaker. China is Tesla’s biggest market after the United States and assembling product within its borders would be a good way to avoid the nation’s aggressive tariffs on U.S autos, […]

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Damage Control: GM Attempts to Smooth Things Over in Washington

General Motors’ restructuring plan has placed it under heavy fire. As it turns out, domestic job cuts and factory closings aren’t all that popular on Capitol Hill or in middle America, especially when a company appears financially healthy. Go figure. Hoping to mitigate the social damage that’s only guaranteed to escalate next year, GM CEO […]

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25k or No? Ford CEO Discounts Job Loss Claims

Earlier this week we mentioned that Ford’s restructuring plan might closely mimic General Motors’ strategy — resulting in widespread job losses. That theory was backed by an analysis from Morgan Stanley, which presumed the Dearborn-based automaker is likely to surpass GM in terms of layoffs, based on how much each intends to free up. Back […]

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Ford Running Out of Focus Sedans; What About Jobs?

Ford’s decision to abandon sedans and non-utility hatchbacks is quickly coming to a head. While the choice rubbed many of us the wrong way, we attempted to view the situation through the lens of business and urged everyone not to panic if they wanted to purchase a Fusion or Focus sedan before they were all […]

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Trade War Watch: Trump Says China Will Remove Car Tariffs, China Claims Nothing

Last night President Donald Trump tweeted that China had agreed to reduce tariffs. While The People’s Republic already lowered tariffs over the summer, it chose to cut the United States out of that deal as trade relations worsened. In fact, America found itself subject to an increased, 40-percent fine on imported autos while the rest […]

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Fiat Chrysler Substituting Fiat Production, Adding More Jeeps in Italy

During Fiat Chrysler CEO Sergio Marchionne’s final days, he said his company would begin prioritizing Jeep production in Europe. This of course comes at the expense of the Fiat brand, which lost a sizable hunk of the European market after 2009 and appears to be outright failing in the United States. While the brand gained […]

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