Magna is slated to build the Ocean SUV in Europe, marking the Canadian supplier's first entry into contract manufacturing for an EV startup.
Local and municipal authorities are locked in a dispute with the automaker over bill payments at its plant in the central state of Puebla
Corvette inventory already is extremely limited because most of the cars are preordered before they arrive at dealerships, GM said.
Nissan will halt U.S. sales of its NV Cargo, Passenger and NV200 vans by the end of 2021.
Billionaire Richard Branson's company Virgin Hyperloop last week picked West Virginia to host a $500 million certification center and test track for a system that would use magnets to whisk pods filled with passengers and cargo through vacuum tubes at more than 600 mph.
The pandemic has not only upturned the year for automotive plant site searches, it's changing the way some companies think about about where they want to locate.
From Silicon Valley to Wolfsburg, automakers increasingly see the mastery of software as core to expertise in cars.
The automaker disclosed plans to "operate a cell-manufacturing unit to produce the battery packs that are installed in the vehicle" in a permit application with the Texas Commission on Environmental Quality.
The vehicles will begin delivering packages in 2021, and 10,000 electric delivery vans will be manufactured by 2022.
A spokesman for Tenneco said the decision to abandon the office move — which was a consolidation of employees in three southeast Michigan locations — "made prudent business sense."
Cash proceeds received from the sale totaled about $175 million, Adient said. Proceeds are expected to be used to pre-pay a portion of the company's debt and for general corporate purposes.
GM will invest $39 million at its Toledo transmission plant to upgrade production of the eight-speed rear-wheel-drive transmission and $32 million at its Defiance casting plant.
Unifor wants as many as two new models to be built alongside the minivans at Fiat Chrysler Automobiles' Windsor, Ontario, assembly plant, where one of three shifts was recently cut amid shrinking sales in the segment.
Nissan has developed a way of producing carbon-fiber components more quickly and cheaply as a step toward deploying the lightweight parts in mass-market vehicles around 2024.
Despite accusations of fraud that led Nikola's founder to resign as executive chairman, GM will move forward with the low-risk, high-reward partnership relatively unscathed, analysts say.
Employees escaped the blaze unharmed, but it remains unclear how much damage could be done to the company's business with customers such as General Motors.
The underpinnings for the Lynk & Co. Zero Concept unveiled Wednesday in Beijing is an open-source platform available for other companies to use.
Tesla's CEO said the automaker had booked "well over half a million" orders for the electric pickup in the form of $100 refundable deposits.
“We have a shot at a record quarter for vehicle deliveries, but will have to rally hard to achieve it,” Musk wrote in an internal email Sunday. “This is the most number of vehicles per day that we’ve ever had to deliver.”