Tag: Industry

Chrysler Is Officialy Leaving The Australian Market

FCA Australia, a member of the Stellantis Group, has officially announced the departure of the Chrysler brand from Australia, discontinuing the right-hand-drive 300C Luxury and 300 SRT models that are “available in limited quantities at Chrysler dealerships”. In fact, Australia was the last remaining right-hand drive market for Chrysler since the US automaker departed from […]

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President Joe Biden Attends GM’s Grand Opening Of Factory Zero EV Assembly Plant

President Joe Biden and UAW leadership are on hand today to help General Motors mark a major milestone in its electric transformation with the grand opening of the Factory Zero EV assembly plant. “GM’s U.S. manufacturing expertise is key to achieving our all-electric future,” said GM Chair and CEO Mary Barra. “This is a monumental […]

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McLaren Denies Report About Being Acquired By Audi (Update)

Update: McLaren Group issued a statement denying the reported Audi acquisition by British media. More specifically McLaren described Autocar’s story as “wholly inaccurate” stating that their strategy has “always involved ongoing discussions and collaboration with relevant partners and suppliers, including other carmakers, however, there has been no change in the ownership structure of the McLaren […]

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Toyota Believes That Some Parts Of The World Still Aren’t Ready For Electric Vehicles

This past week, six automotive manufacturers (Ford, GM, Mercedes, Volvo, BYD, and Jaguar Land Rover) committed to ending internal combustion engine production by 2040. One major automaker not on that list, though, was Toyota, and there’s a reason why. Toyota believes that for certain areas of the world, zero-emissions aka electric vehicles just don’t make […]

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Lancia’s Europe Relaunch Coming In 2024, May Revive Aurellia Name For Flagship Crossover

Lancia is moving fast towards its renaissance and its CEO, Luca Napolitano, has already set the targets for the Italian brand’s expansion. As he revealed to Automotive News Europe, Lancia will start selling cars outside its home market in 2024, while preparing a three-model range including the Ypsilon supermini, the Delta electric hatchback, and possibly the […]

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Foxconn And Lordstown Motors Deal Official, Ohio Factory Goes To Apple Component Manufacturer

Foxconn is one step closer to launching its automotive operations as it has officially acquired the Lordstown Motors vehicle assembly plant for $230 million. Foxconn has also agreed to manufacture the Lordstown Motors’ Endurance, an electric truck that could rival Rivian’s R1T. The Ohio plant was initially purchased by Lordstown Motors from GM back in […]

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