The head of the Germany-based Center of Automotive Management predicts suppliers will cut their workforce by about 20% because of the shift from internal-combustion vehicles to electric vehicles.
EVs require fewer fasteners than their combustion-powered counterparts, but EV manufacturing involves new technical issues for which new fastener solutions are needed, and U.S. fastener experts are confident that...
“‘Unapologetically American’ outstanding design and connected services…will differentiate Ford and delight our customers in Europe,” says Martin Sander, general manager of Ford Model e Europe, the automaker’s...
The Arizona plant is expected to produce chips used more by makers of laptops, phones and gaming equipment than by car companies. But analyst Laveena Iyer says that could change as production of electric vehicles...
Ferdinand Dudenhoeffer, a professor at Germany’s University of Duisburg-Essen, notes: “Volvo, Tesla, BMW, Audi and the likes are all turning away from leather seats, reflecting that the circular economy theme is...
Market analyst Alan Kang says Chinese brands’ rising market shares are a threat to low-end American rivals such as Chevrolet and Ford because Chinese automakers are offering models with lower prices, better design and...
The Vietnamese government’s Industrial Policy and Strategy Institute predicts 750,000 to 800,000 cars will be sold annually by 2025, up from 288,683 in 2018. By 2035, it predicts annual sales will be between 1.7...
The European Investment Bank says Cikautxo will use the investment to create “sustainable production processes enabling the development of innovative products to help manufacture less-polluting vehicles” at its plants...
Industry groups say excise-tax increases that took effect in January resulted in car and commercial-vehicle sales declines of 9.5% and 8%, respectively, in the first quarter; this likely means eight straight years of...
