Bosch to Invest $664 Million in North America This Year June 7, 2022 German-based automotive supplier Bosch said today it plans to invest $664 million in its U.S. operations this year.
Eaton to Supply Tech to European EV Maker April 20, 2022 Eaton said its eMobility business has received a contract to provide its Breaktor circuit protection technology to a European vehicle manufacturer for EV models.
Eaton Opens Facility in Germany April 26, 2022 Power management company Eaton today announced its Vehicle Group and eMobility businesses are continuing their expansion into Europe, a leading region in electrified vehicle (EV) technology, with the establishment of a new office and research center in Karlsruhe, Germany.
Ford Reports Quarterly Loss on Rivian Investment April 27, 2022 Ford Motor Co. today reported a quarterly loss in its investment in electric-vehicle maker Rivian while saying overall demand is strong.
GM First-Quarter Slips From a Year Earlier April 26, 2022 General Motors Co. today reported its first-quarter earnings fell slightly from a year earlier.
Hankook Tire to Invest $1.6B in Tennessee Plant Expansion August 29, 2022 Tire maker Hankook Tire today announced that its board of directors approved a $1.6 billion investment to expand its Tennessee Plant, located in Clarksville, Tenn.
Toyota Using AI, 3D Printing as Tools August 25, 2022 Toyota Motor Corp. is using artificial intelligence and 3D printing to help it navigate the biggest changes the auto industry has seen in more than a century.
Two Events Return in September: One is Traditional, the Other Has a Revamp August 16, 2022 About a month from now, two established manufacturing-related events return from a long hiatus: IMTS and the Detroit Auto Show.
Toyota Executive Says EV Adoption May Be Slower Than Expected August 18, 2022 A Toyota Motor Corp. executive said Aug. 18 that adoption of electric vehicles may be slower than expected.
GM to Invest $491M at Indiana Stamping Plant September 16, 2022 General Motors Co. said it will invest $491 million at its Marion, Ind., metal stamping operations to prepare the facility to produce a variety of steel and aluminum stamped parts for future products, including electric vehicles.