Stellantis was forced to halt production of vans in Italy on Monday due to a shortage of engines coming from France. While production restarted on
Tag: Industry
GM To Increase EV Production By 600 Percent In 2022
General Motors is planning to ramp up EV production in a move that draws comparisons to Ford’s decision to nearly double production of its F-150
Volvo Invests $1.1 Billion In Torslanda Plant In Preparation For EV Manufacturing
Volvo announced today that it will invest SEK 10 billion ($1.09 billion at current exchange rates) in the coming years at its Torslanda manufacturing plant
Canadian-Style Truck Protests Spreading Around The Globe As U.S. Border Blockade Threatens Auto Supply Chains
Canada’s trucker protest continues to divide opinion, and continues to cause authorities in Ottowa a major headache. And now it looks like that headache is
Ferrari To Pay Employees Bonus Of Up To $13,700 After Successful 2021
Ferrari will pay all of its employees a performance-linked bonus of up to €12,000 ($13,700) after a very successful year for the car manufacturer that
India Says No To Musk, Won’t Offer Tax Breaks On Imported EVs
India has denied requests from Tesla’s CEO, Elon Musk, to offer tax breaks on imported electric vehicles. The country’s government said it considered the idea
Unifor Says Biden’s EV Tax Credits Act As A “Disincentive” To Invest In Canadian Production
Canadian auto workers union Unifor has expressed concerns over President Joe Biden’s Build Back Better bill that would give additional EV rebates to vehicles produced
Koenigsegg Announces Plans To Build New Production Facility And Test Track
Sweden’s “megacar” manufacturer, Koenigsegg announced today that it will be expanding its production site in Angelholm. The automaker will add a 322,917 square-foot (30,000 square-meter)
N.Y. Dealer Sues Nissan For Green-lighting Rival Store, Says There Aren’t Enough Cars For Both
We’re fairly familiar with stories about customers suing dealers or carmakers but now one New York Nissan dealer is taking the automotive giant to court
Lincoln Celebrates Its 100th Anniversary Under The Ownership Of Ford
On February 4, 1922, Henry Ford signed a deal to purchase the Lincoln Motor Company at the recommendation of his wife Clara and his son