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Keyword: automakers

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  • UPDATED: Toyota to hire 450 at H'ville engine plant [Alabama]

    03/17/2019 5:58:12 AM PDT · by 2ndDivisionVet · 3 replies
    The News Courier ^ | March 14, 2019 | Staff
    Toyota Motor Manufacturing will be adding 450 new jobs as part of a $288 million expansion at its Huntsville plant, officials announced Thursday. Officials said the announcement constituted the largest hiring need in the plant's history. The new investment will also include a building expansion, bringing TMM's total investment in Huntsville to $1.2 billion. The facility's annual engine capacity will increase from 670,000 to 900,000 by the end of 2021 to increase product flexibility and better accommodate market demand, according to a press release. Thursday's announcement was part of an overall $750 million investment Toyota is making at unit plants...
  • Toyota to Boost U.S. Investment to Nearly $13 Billion by 2021

    03/14/2019 7:43:34 PM PDT · by ameribbean expat · 5 replies
    The Japanese auto maker said the spending would go toward adding production of two new hybrid vehicles in the U.S. and expanding plants that build engines, axles and other vehicle components. The additional investment is projected to create 600 new jobs. President Trump praised Toyota’s plans in a tweet—“BIG NEWS for U.S. Auto Workers!”—and said the investment was evidence that a trade agreement hammered out last year between the U.S., Canada and Mexico is fixing what he described as a “broken NAFTA deal.”
  • Tesla crashes into river, owner claims it accelerated on its own

    03/10/2019 7:46:14 AM PDT · by DUMBGRUNT · 48 replies
    Electrek ^ | 10 Mar 2019 | Fred Lambert
    “When the reporter rushed to the scene in Qingpu District, the owner Xiao Chen had just been rescued ashore, and the gray Tesla was still lying in the river and was soaked in the water. Xiao Chen is still in shock, he told reporters: I was from the beginning stepping on the brakes, and the car suddenly rushed out of control! It turned out that Xiao Chen and his wife drove the car to school in the morning of the incident. After the delivery, they came to the Tesla Supercharger station to prepare for charging. According to Xiao Chen, he...
  • Tesla launches '1,000 miles per hour' charging station for Model 3

    03/09/2019 10:28:58 AM PST · by ETL · 72 replies
    FoxNews.com/auto ^ | Gary Gastelu | Fox News
    The so-called V3 Supercharger operates at 250 kilowatts -- approximately twice that of the older stations -- and can charge some of its cars at a rate of 75 miles every five minutes, which Tesla is promoting as “1,000 miles per hour,” without explaining the math. (75 x 12 = 900, doesn't it?)(Following the publication of this article, a Tesla representative clarified that the "1,000 mph" speed is a peak rate that is only sustained for a portion of the initial five-minute period on batteries at a low state of charge. Average speeds over longer charging times were not...
  • Mexico's 'hearts and minds' battle to loosen organized crime's grip

    03/08/2019 3:03:12 AM PST · by blueplum · 8 replies
    Reuters ^ | 07 Mar 2019 | LizBeth Diaz
    ,,,,Santa Rosa lies in Guanajuato state, part of the country’s industrial heartland that was long peaceful and is a major magnet for carmakers such as Volkswagen, General Motors and Toyota, but it suffered a doubling of murders last year, making it one of the most violent regions, official data shows. Eduardo Solis, head of Mexico’s automotive industry lobby, said on Wednesday the situation in Guanajuato was threatening business and had the look of a “crisis.” Security has sharply deteriorated in the gangland struggle to control fuel rackets, and at 2,609 last year, murders in Guanajuato were over 10 times higher...
  • Analysis: Why the evidence still puts Ferrari comfortably ahead of Mercedes.

    03/03/2019 1:04:47 PM PST · by Carriage Hill · 16 replies
    ESPN F1 Corner ^ | 2/2/2019 | Laurence Edmunson, F1 Editor
    MONTMELO, Spain -- After 64 hours of track time spread over eight days at the Circuit de Catalunya, Ferrari and Mercedes were split by just 0.003 seconds on the final day of preseason testing. That is a remarkably small margin when you consider there has been a significant regulation change and a full winter of development since the two rivals last met on track, but look beyond the headline-grabbing times and the evidence suggests it is last year's runner up Ferrari that has moved ahead. EDITOR'S PICKS Lewis fears Ferrari's advantage over Mercedes is 0.5s a lap With just two...
  • Volkswagen will add 1,000 jobs at Tennessee plant (making electric cars)

    01/15/2019 11:54:34 AM PST · by lowbridge · 36 replies
    CNN ^ | January 14, 2019 | Chris Isidore
    Volkswagen is investing $800 million in its plant in Chattanooga, Tennessee, a move that will add 1,000 jobs to the factory, the company announced Monday. It plans to build electric cars there. Volkswagen's investment in Tennessee comes weeks after General Motors announced plans to close three North American plants and shift its production focus away from sedans, to free up money to develop to electric and self-driving vehicles. The move also comes amid talks between Volkswagen and Ford about pooling resources to make the next generation of vehicles. The new Tennessee jobs and production should begin in 2022, according to the company's statement. "The US...
  • Lincoln bringing back 'suicide doors' on 2019 Continental

    12/17/2018 7:03:42 AM PST · by ETL · 97 replies
    FoxNews.com/auto ^ | Dec 17, 2018 | Gary Gastelu | Fox News
    Lincoln brought back the Continental name two years ago and now it's resurrecting a feature that’s commonly known by a name it would prefer you don’t use. To celebrate the 80th anniversary of the model, Lincoln is offering a limited run of 80 Coach Door Edition Continentals for 2019 equipped with what are colloquially known as “suicide doors.” The rear-hinged rear doors hearken back to the 1961-1969 heyday of the Continental, when it was at the height of fashion. They offer a stylish and arguably easier way to enter and exit the vehicle.
  • 'Suicide doors' make a comeback on 80th anniversary edition Lincoln Continental

    12/17/2018 8:33:35 AM PST · by NRx · 49 replies
    CNBC ^ | 12-17-2018 | Robert Ferris
    Once deemed dangerous, suicide doors are making a comeback on the Lincoln Continental. Ford is celebrating the 80th anniversary of the long-lived luxury Lincoln line by making 80 cars in 2019 with the classic center-opening doors that once served as the signature of the Continental. The doors are not just a gimmick or aesthetic flourish. By opening toward the rear of the car, they allow passengers in the rear seats to enter and exit the vehicle more comfortably. Passengers don't have to lean forward to push the door open or pull it closed, for example. The design was featured commonly...
  • Fiat Chrysler plans to open new assembly factory in Detroit to build SUVs: Sources

    12/06/2018 12:54:02 PM PST · by rdl6989 · 18 replies
    cnbc ^ | December 6, 2018 | Robert Ferris | Phil LeBeau
    Fiat Chrysler plans to open a new assembly factory in Detroit to build sport utility vehicles, people familiar with the matter told CNBC. The move comes as all of Detroit's Big Three automakers abandon sedan lines in favor of more popular and profitable SUVs and cross-over vehicles. The industry is also under pressure from President Donald Trump to keep manufacturing jobs in the U.S.
  • GM will no longer make these 6 cars

    11/26/2018 4:47:20 PM PST · by Eddie01 · 120 replies
    channel3000 ^ | Nov. 26, 2018 | PETER VALDES-DAPENA
    General Motors will end production of six sedans by the end of 2019. North American customers want SUVs, crossovers, hatchbacks and trucks. Sedans have fallen out of favor. As GM (GM) adjusts to changing customer behavior it is also planning ahead for the future. The company announced massive layoffs and is closing five North American facilities as it transitions to self-driving, electric cars of the future. The soon-to-be closed plants mean GM will no longer make these cars: Buick LaCrosse January - September sales: 13,409, down 14.2% The LaCrosse is a large car built by a brand that was a...
  • GM to slash up to 14,000 jobs in North America

    11/26/2018 9:14:44 AM PST · by Coronal · 38 replies
    AP News ^ | November 26, 2018 | Tom Krisher and Rob Gillies
    DETROIT (AP) — General Motors will lay off up to 14,000 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles. The reduction includes 8,100 white-collar workers, some of whom will take buyouts and others who will be laid off. Some U.S. factory workers could transfer to truck or SUV factories that are increasing production.
  • Carlos Ghosn, Nissan’s Chairman, Arrested Over Financial Misconduct

    11/19/2018 7:29:44 AM PST · by billorites · 21 replies
    New York Times ^ | November 19, 2018 | Motoko Rich
    The Nissan chairman, Carlos Ghosn, was arrested on Monday after an internal company investigation found that he had underreported his compensation to the Japanese financial authorities for several years. Nissan said it was cooperating with Japanese prosecutors. It also said that it had opened its inquiry after a whistle-blower alleged that Mr. Ghosn had been misrepresenting his salary as well as using company assets for personal use. Both he and a director, Greg Kelly, who was also accused of misconduct, were taken in by authorities, the company said. It is a remarkable tumble for Mr. Ghosn, who arrived at Nissan...
  • Elon Musk to step down as chairman of Tesla [developing]

    09/29/2018 3:14:13 PM PDT · by jazusamo · 70 replies
    The Hill ^ | September 29, 2018 | Aris Folley
    Tesla and SpaceX CEO Elon Musk has reportedly reached a settlement with the Securities and Exchange Commission after his abandoned attempt to the company private. As a result of the settlement, which is still subject to court approval, Musk will have to step down from his role as chairman for at least three years and pay a civil penalty of $20 million, CNBC reported Saturday. Tesla will also have to pay a $20 million if the settlement is approved. DEVELOPING
  • FORD MOTOR CORP. HELPS PROMOTE FARRAKHAN CLAIM OF JEWISH PLOT TO MAKE BLACK MEN GAY

    09/20/2018 10:27:23 AM PDT · by SeekAndFind · 41 replies
    Frontpage Mag ^ | 09/20/2018 | Daniel Greenfield
    Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is an investigative journalist and writer focusing on the radical left and Islamic terrorism On Saturday, the Human Rights Campaign, the country's top gay rights lobby, held its 22nd annual dinner. Top speakers included Joe Biden, who bemoaned the lack of acceptance for gay people, Anne Hathaway, who shrieked, “Let’s tear this world apart and build a better one”, and Obama's Attorney General, Eric Holder, who declared, “The age of bullies and bigots is not fully behind us”. Holder would know. He was last seen posing with Louis Farrakhan...
  • Former GM Exec Bob Lutz: Tesla Is ‘Headed for the Graveyard’

    09/19/2018 1:30:16 PM PDT · by Hojczyk · 94 replies
    Breitbart ^ | September 19,2018 | Lucas Nolan
    Former General Motors Vice Chairman Bob Lutz discussed Elon Musk’s Tesla in a recent interview stating that the company is “headed for the graveyard.” In a recent interview with CNBC the former Vice Chairman of General Motors, Bob Lutz, does not have high hopes for the future of Elon Musk’s electric-car manufacturer Tesla. According to Lutz, Tesla is “headed for the graveyard,” given the recent announcement that both the company and Musk are being investigated by the DOJ and the SEC. “They will never make money on the Model 3 because the cost is way too high,” Lutz said during...
  • Tesla under criminal investigation by Justice Department

    09/18/2018 1:40:23 PM PDT · by jazusamo · 26 replies
    The Washington Times ^ | September 18, 2018 | Gabriella Munoz
    Tesla is under investigation by the Justice Department, a company spokesperson confirmed Tuesday. In a statement to The Washington Times, the Tesla spokesperson said the Justice Department reached out for documents after an August tweet by CEO Elon Musk about taking the high-tech car company private:
  • Despite Trump tweet, Ford says it won’t make hatchback in US [the Focus Active]

    09/09/2018 8:42:24 PM PDT · by Olog-hai · 40 replies
    Associated Press ^ | Sep. 09, 2018 4:59 PM EDT | Paul Wiseman
    Ford won’t be moving production of a hatchback wagon to the United States from China — despite President Donald Trump’s claim Sunday that his taxes on Chinese imports mean the Focus Active can be built in America. Citing Trump’s new tariffs, Ford on Aug. 31 said it was dropping plans to ship the Focus Active from China to America. Trump took to Twitter Sunday to declare victory and write: “This is just the beginning. This car can now be BUILT IN THE U.S.A. and Ford will pay no tariffs!” But in a statement Sunday, Ford said “it would not be...
  • Move Over, Elon Musk's Tesla: Kalashnikov Unveils 'Electric Supercar'

    08/23/2018 2:05:16 PM PDT · by Red Badger · 50 replies
    https://www.ndtv.com ^ | Updated: August 23, 2018 22:25 IST | Staff
    The brand, best known for the AK-47 machine gun, presented the decidedly retro-looking pale blue prototype, the CV-1, at a defense expo outside Moscow. A handout photo shows a retro-looking pale blue prototype electric car, produced by Kalashnikov. ================================================================== Moscow, Russia: Russian arms maker Kalashnikov on Thursday presented its new electric car inspired by a rare 1970s model, saying the new technology will rival Elon Musk's Tesla. The brand, best known for the AK-47 machine gun, presented the decidedly retro-looking pale blue prototype, the CV-1, at a defense expo outside Moscow. The look was inspired by a Soviet hatchback model...
  • Tesla shareholders who sell if Musk takes company private will be big losers for one reason: A.I.

    08/10/2018 11:43:51 AM PDT · by Moonman62 · 43 replies
    CNBC ^ | 08/10/18 | Keith Wright
    Tesla is the only company truly advancing AI in its vehicles. Musk made the decision to invest in real-world data analytics early. This leap in technological advancement has left competitors like Alphabet's Waymo, Uber, BMW and GM scrambling in vein to keep pace, and there is a long lineup of companies wanting to partner, including Toyota and Mercedes-Benz. Tesla's early investment and resulting tech have put the company firmly ahead of the pack. To understand how Tesla is unique with AI, you need to understand that Tesla has been collecting billions of miles worth of real-world driving data since 2012,...