Ford to close its factories in Brazil
“the sustained unfavourable economic environment and the additional burden of the pandemic made it clear that much more was necessary to create a sustainable and profitable future.”
Swedish manufacturer chooses Tamil Nadu over Vietnam
Autoliv Inc., a fortune 500 company headquartered in Sweden, is setting up its manufacturing plant in Tamil Nadu at an investment of ₹100 crore.
Apple & Hyundai to team up on autonomous EVs, claims Korean news
Apple Inc. and Hyundai Motor are planning to sign a partnership agreement working on autonomous electric vehicles by March this year.
Semiconductor shortage causes major automakers to cut production
Being the latest to suffer from a lack of chips as demand for cars bounces back from the coronavirus pandemic.
Low on workers, manufacturers recruit their executives for the factory floor
Wendy Marcus was midway through a recent meeting with senior leaders at Newell Brands Inc. when word came that she needed to leave immediately.
Beijing Hyundai to recall 2,591 electric vehicles in China
Beijing Hyundai Motor Co will recall 2,591 vehicles from the Chinese market over a defect that may cause the cars to have issues stopping.
Tesla slashes prices－rivals will feel the cost
Tesla has shaved 30 percent off the price for its China-produced Model Y SUV.
Tesla hunts for design chief to create cars for China: sources
Tesla Inc is searching for a design director in China, part of efforts to open a”full-function” studio in Shanghai or Beijing and design electric cars tailored to Chinese consumer tastes.
Automakers sink and swim during pandemic
The world’s largest auto market showed mixed results last year due to the effects of the COVID-19 pandemic.
Context is often the most influential factor driving consumer choices, according to recent research. Here’s why.
Ask consumers around the world if it is important to them that the products they buy are environmentally sustainable, and most will say “yes.”