Toyota is doubling down on its American manufacturing footprint with a substantial $912 million investment that will create 252 new jobs across five U.S. plants. The move comes as consumer Full Article »
Toyota is preparing a major shuffle of its Lexus manufacturing footprint in the United States. According to a report out of Japan, the automaker plans to move from two production Full Article »
Hyundai Motor Group is turning up the volume on its American strategy with a fresh commitment to invest 26 billion dollars in the United States from 2025 through 2028. The Full Article »
Hyundai Motor Group is reportedly preparing to make waves in the U.S. automotive and industrial sectors with a landmark $20 billion investment set to be unveiled at the White House. Full Article »
Nissan, Japan’s third-largest automaker, is undertaking drastic measures to stay afloat as it faces dwindling sales in two of the world’s largest automotive markets: the United States and China. The Full Article »
Volkswagen, Europe’s largest automaker, faces a challenging financial landscape as third-quarter earnings plummeted, prompting calls for urgent cost reductions across its German operations. The company reported a net profit of Full Article »
In a bold move that has reignited debates on trade policies, former President Donald Trump has threatened to impose a 200% tariff on vehicles imported from Mexico. This escalation comes Full Article »
In a strategic move toward the future of automotive manufacturing, Stellantis announced a $406 million investment across three Michigan factories. This investment is part of the automaker’s broader strategy to Full Article »
General Motors (GM) and Samsung SDI have finalized their joint venture for a cutting-edge electric vehicle (EV) battery cell plant in New Carlisle, Indiana. However, the production timeline has been Full Article »
Toyota is set to construct a new battery plant for electric vehicles in Fukuoka, located in the southwestern prefecture, as reported by the Nikkei business daily on Friday. This new Full Article »
General Motors (GM) has decided to delay its plans to produce electric vehicle (EV) motors at the St. Catharines Propulsion Plant in Canada. The exact costs for retooling the plant Full Article »
Toyota is making a major investment in its Huntsville, Alabama engine plant. The automaker announced a $282 million expansion that will bolster production capabilities and add over 350 new, high-quality Full Article »
Vietnamese electric vehicle (EV) manufacturer VinFast is contemplating another delay in the construction of its planned $4 billion factory in North Carolina. This consideration stems from the company’s ongoing struggle Full Article »
Toyota is planning an investment of $531 million into its truck manufacturing plant in Texas. This investment aims to enhance the production of vehicle components at the facility, which currently Full Article »
Honda is set to embark on a substantial investment journey in Canada, earmarking a staggering $11 billion towards the establishment of electric vehicle assembly and battery output facilities. The announcement, Full Article »
