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Tag: Auto Industry


Industries, Manufacturing

The auto industry ‘has to move’ on electrification as consumers become more conscious, Nissan CEO says

April 14, 2021

Via: CNBC

Sustainability has made its way onto the dashboard of many company executives, and the money is set to follow — particularly in the electric vehicle space, if investment trends and research and development commitments are anything to go by. “ESG […]


Industries, Manufacturing

How Covid led to a $60 billion global chip shortage for the auto industry

February 11, 2021

Via: CNBC

Automakers across the globe are expected to lose billions of dollars in earnings this year due to a shortage of semiconductor chips, a situation that’s expected to worsen as companies battle for supplies of the critical parts. Consulting firm AlixPartners […]


News

Germany’s auto industry could get billions in funding to go green

November 2, 2020

Via: Fortune

The German government may give the country’s crucial auto industry billions more euros to shift to a future of self-driving cars that don’t burn fossil fuels. On Monday, as Germany reentered partial lockdown, both Reuters and Handelsblatt reported a plan […]


Industries, Manufacturing

Trump promises 100,000 new ‘high-paying’ auto jobs — but are they a sure thing?

February 7, 2020

Via: Market Watch

If you’re looking for work, would the auto industry provide job security? President Trump promised “nearly 100,000 new high-paying American auto jobs” in his State of the Union address Tuesday, a result of the U.S.-Mexico-Canada Agreement (USMCA). He added that […]


Industries, Manufacturing

PSA and Fiat-Chrysler Finalize Merger, Forging Carmaking Giant to Rival VW

December 18, 2019

Via: Fortune

PSA Group and Fiat Chrysler Automobiles NV agreed to combine in a deal that will create the world’s fourth-biggest auto manufacturer. The French and Italo-American carmakers signed a binding accord for a 50-50 merger of their businesses, they said Wednesday. […]


Industries, Manufacturing

Tariff uncertainty could hurt auto industry more than plant closures in 2019

February 18, 2019

Via: USA TODAY

An auto industry that many experts think already is overdue for a slowdown just got a major dose of uncertainty that could reduce investment in new technologies and vehicles. The Trump administration dealt automakers a wild card by reportedly deciding […]


Industries, Manufacturing

German cars have the most to lose from changes facing the auto industry

March 1, 2018

Via: The Economist

GERMAN carmakers have much in common with the self-confident roadhogs who favour their vehicles. The cars they produce, with sleek design, doors that close with a satisfying thunk and roomy interiors swagged with leather and technology, are the dominant force […]


News

U.S. Auto Boom Seems to Be History, Just as Trump Counted on Jobs

May 3, 2017

Via: The New York Times

For seven years, the steadily expanding auto industry has helped drive the American economy forward, racking up billions in profit and paying workers hefty bonuses, all while consumers flocked to dealerships and drove sales to record heights. It is a […]


Enterprise, Industries

Kia to invest $1.1 billion to build its first India factory

April 27, 2017

Via: ABC News

Kia Motors Co. plans to invest $1.1 billion in India to build its first plant in the world’s fifth-largest auto market. Kia’s new factory in the state of Andhra Pradesh in India’s southeast will be completed by late 2019 and […]


Industries, Manufacturing

See Which Car Companies Are the Most American

March 3, 2017

Via: Time

Tesla is the only automaker that assembled 100% of its U.S.-sold cars domestically last year. And only three other companies — Jeep, Cadillac and Dodge — broke 80%. President Donald Trump wants to change that, boasting in his first joint […]


Industries, Manufacturing

Automakers hope to catch a break from Trump on fuel economy rules

February 17, 2017

Via: CNN

America’s automakers are hoping to get the Trump administration to revisit strict fuel economy and emissions requirements laid down by the Obama White House. Automakers are worried they might not be able to meet long term fuel economy goals because […]


News

Americans have changed their attitudes about cars — and it’s a huge boon for the US auto industry

November 22, 2016

Via: Business Insider

America is not a nation that likes to drive old cars — at least we weren’t until the financial crisis. Ever since the end of the crisis, and the beginning of a booming recovery in the US auto market, we’ve […]


Industries, Manufacturing

Detroit’s Big 3 car makers sending mixed signals

October 24, 2016

Via: USA TODAY

After a long boom since the recession, the auto industry is sending mixed signals. Earnings reports this week should shed more light on its future, with some automakers appearing to be healthy and others slowing down. For instance, Ford Motor is […]


Uncategorized

Auto Industry ISAC Releases Best Practices For Connected Vehicle Cybersecurity

July 22, 2016

Via: Dark Reading

The Automotive Information Sharing and Analysis Center (Auto-ISAC) has released a set of cybersecurity best practices for connected vehicles. The document, developed over the course of five months by a group of more than 50 cybersecurity experts from the auto […]