THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
The automaker plans to use $1 billion of the investment in upgrades to the Wentzville, Mo., truck plant, including new machines, conveyors, controls, and tooling.
General Motors will invest $20 million in its Arlington Assembly plant in Texas, which will fund upgrades for a new full-size SUV it plans to built at the plant, the company has announced.
Ford is expanding its capacity to produce more Expedition large SUVs, a next generation of battery-electric vehicles, and its autonomous vehicles in 2021 as part of a significant realignment of resources, the company has announced.
Vehicle production in Brazil rose by almost 30% in February, which was heavily bolstered by the production of trucks, which led the way with a 41.4% growth.
Volkswagen Group boosted development of electrified vehicles, announcing that the company will develop 70 battery-electric models by 2025. Previously, Volkswagen had said it would produce 50 battery-electric vehicles by 2023.
Nissan will invest $160 million toward a new vehicle production plant in Algeria to meet growing customer demand across Africa and produce commercial vehicles.
General Motors will invest $1.3 billion toward vehicle production in Brazil, an announcement that followed the automaker's tentative plans to invest more than $2.73 billion in the Brazilian market over the next several years.
President Donald Trump has ordered an investigation to determine whether to impose new tariffs on imported light-duty vehicles and parts following a tweet promising "big news" for the auto industry.
Ford Motor Co. will start building its F-150 in Michigan on Friday and Super Duty trucks in Kentucky on Monday, following a week of downtime that resulted from a fire at the factory of parts supplier Meridian Magnesium Products of America in Eaton Rapids, Michigan.
A fire at a parts supplier has impacted production of several leading fleet vehicles including Ford's F-150, Super Duty trucks, and General Motors vans, according to reports.