Economic, political and industrial forces are shaping fleet-relevant commodity costs and availability. Heading into 2024, subject-matter expert Mike Butsch expects an increase in demand and, consequently, prices.
Stellantis will remake its Turin, Italy, factory into an electric-vehicle (EV) center to increase efficiency as it shifts to selling more EVs.
While BMW uses VC funding to extract lithium for battery cells, GM partners up with another company to source rare earth materials to manufacture EVs.
In response to the ongoing COVID-19/coronavirus pandemic, auto- and truck makers are announcing extended production and factory closures.
Toyota Brazil is manufacturing a new vehicle for the Brazilian market, which will be scheduled for commercialization in 2021.
Jaguar Land Rover will expand the use of recycled aluminum in its vehicles in a program that will cut waste and help reduce carbon emissions, the Coventry, United Kingdom-based company announced.
Sister South Korean automakers Hyundai Motor Co. and Kia Motors Corp. will invest $3.1 billion in the U.S. in the next five years and may build a new assembly plant in the U.S., Hyundai Motor's president told reporters on Tuesday.
General Motors is investing $1 billion in its U.S. manufacturing operations and will move production of axles for its pickup trucks from Mexico, the company announced on the eve of President-elect Donald Trump's inauguration.
My prediction is that autonomous vehicles will create a paradigm shift in vehicle design, whereby interior design will become the primary brand differentiator in the future. What will drive this paradigm shift is that future autonomous vehicle design will focus primarily on the passenger and not the driver. This will create a tectonic shift in vehicle design with ramifications that will take decades to fully play out.
Improving gasoline fuel economy and strong demand for trucks and SUVs has led federal regulators to eliminate the 54.5 mpg corporate fuel economy target for 2025.
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