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Hyundai Motor Group announced a significant increase in investment to $26 billion in the United States, which is expected to create 25,000 jobs in various areas.
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Automakers are increasingly relying on advanced high-strength steel structures to improve the safety of their vehicles. Over 65 2019 model year vehicles that debuted in 2018 from automakers across the industry were composed of an advanced high-strength steel structure.
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China will suspend the additional 25% tariff imposed on U.S. auto imports for three months starting Jan. 1, the Chinese Finance Ministry announced Friday.
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The Department of Commerce has outlined a process that would allow individual American businesses to apply for an exclusion from the tariffs on imported steel and aluminum recently enacted by the Trump administration.
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President Donald Trump's executive order imposing tariffs on foreign steel and aluminum may translate to higher prices to commercial fleets for vehicles and truck or van equipment, fleet management company experts said.
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Both automakers conduct their own tests to confirm that Kobe Steel-supplied aluminum plates and panels conform to safety standards.
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The Atlanta-based upfitter specializes in designing bins, shelves, partitions, workstations, and more for a wide range of fleet vehicles.
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Cadillac is incorporating high-strength aluminum among the 13 different materials in its CT6 full-size sedan to save nearly 200 pounds of weight in a move to improve fuel efficiency, the company has announced.
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When used in the manufacture of truck bodies and van equipment, lightweight materials, such as thinner gauge high-strength steel, aluminum, fiberglass, and plastic composites, enable fleets to reduce vehicle weight to improve fuel economy, increase legal payload, and even drop down to a smaller (often more fuel-efficient) vehicle.
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Upfitting can be an involved process, but it can be broken down into seven factors to maximize productivity and benefit the company’s bottom line.
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