The acquisition increases the total number of Morgan Truck Body locations to 14 manufacturing facilities in North America.
Polestar expands manufacturing footprint, integrates cutting-edge technologies, and advances autonomous driving capabilities.
Analysis: The actions of the UAW will reverberate through the larger auto business, but nowhere near what was experienced in April 2020. Sales into fleet could suffer in 4Q if a strike is wide and persists. Rental car companies may return to the used car market like they did in 2021 and 2022, driving prices higher.
Research from WSP and the Environmental Defense Fund research reveals that 56% of announced EV spending during the past eight years occurred after the 2022 passage of the federal Inflation Reduction Act.
The United Auto Workers contract with the Detroit Big 3 automakers expires Sept. 14 as new inventory remains 68% above last year's level.
On July 28, VinFast officially broke ground at its electric vehicle manufacturing site, located in Chatham County, North Carolina, near Raleigh, the state capital.
VinFast broke ground at its electric vehicle manufacturing site in Chatham County, North Carolina, near Raleigh, the state capital. The ceremony marked a major milestone for VinFast's global expansion and North American supply chain development.
With mandates on the horizon that could phase out gas vehicles in government fleets, OEMs are working toward aggressive goals in the EV arena.
Stellantis, with its 14 automotive brands, will join other auto manufacturers already producing vehicles in South Africa, including Ford, BMW, Mercedes Benz, Isuzu, VW, Nissan, Hyundai, Mahindra.
Investments in the two new plants support the carmaker’s aims to strengthen production capacity in India while capitalizing on the growing Indian automotive market.
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