Stellantis, suppliers take over tooling from bankrupt supplier to avoid “enormous losses” from shutting down vehicle assembly lines. source: Section Page News – Automotive News
China is the world’s dominant source for the graphite used in electric-vehicle battery anodes — and it will soon place restrictions on the export of
John Graves, head of the Rainbow PUSH Coalition’s Automotive Project, wants to make sure automakers find ways for minority suppliers to participate in the industry’s
BYD has picked Hungary as the site for a factory to support its expansion in Europe, a German newspaper said. source: Section Page News –
A Kerrigan Dealer Survey shows auto dealers lack trust in some domestic brands, but their outlook on the industry is positive for 2024. source: Section
Higher volumes, stable pricing and improving logistics helped Stellantis reduce the damage of the UAW’s campaign of strikes in the U.S. source: Section Page News
Automakers cut 141,506 vehicles from their global production plans over the past five weeks because of the microchip shortage, according to the latest estimate by
Potential cost cuts across all of its brands “will be identified and implemented swiftly,” VW said. source: Section Page News – Automotive News
JLR is investing $19 billion to develop EVs, with a new all-electric Jaguar coming in 2025. source: Section Page News – Automotive News
Utilization of assembly plants is already far below optimal levels and could decline further if the UAW strike escalates. source: Section Page News – Automotive