Ford says to cut 1,600 more jobs at Valencia factory
US carmaker Ford on Friday said it would seek to cut another 1,600 jobs at its factory near Valencia in eastern Spain, where it already axed 1,100 positions last year.
Jun 12, 2024
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Automotive
US carmaker Ford on Friday said it would seek to cut another 1,600 jobs at its factory near Valencia in eastern Spain, where it already axed 1,100 positions last year.
Jun 12, 2024
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Business
China's automotive industry has revolutionized over the past decade, from producing basic western clones to making cars that equal the world's best. As the manufacturing powerhouse of the world, China is also producing them ...
Apr 30, 2024
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Automotive
Tesla founder and CEO Elon Musk met with a top government leader in the Chinese capital Sunday, just as the nation's carmakers are showing off their latest electric vehicle models at the Beijing auto show.
Apr 29, 2024
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Automotive
Nissan and Honda announced Friday that they will work together in developing electric vehicles and auto intelligence technology, sectors where Japanese automakers have fallen behind.
Mar 15, 2024
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Automotive
The agency that regulates U.S. telecommunications is considering a rule that could stop domestic abusers from tracking victims through vehicles that are connected wirelessly.
Feb 28, 2024
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Automotive
Last fall's contentious United Auto Workers' strike changed Ford's relationship with the union to the point where it will "think carefully" about where it builds future vehicles, Ford's top executive said Thursday.
Feb 15, 2024
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Automotive
New car sales in Europe rebounded by 13.9 percent in 2023 as electric vehicles overtook diesel for the first time, an industry group said on Thursday.
Jan 18, 2024
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Automotive
The top U.S. telecommunications regulator is asking automakers how they plan to protect people from being stalked or harassed by partners who have access to vehicle location and other data.
Jan 12, 2024
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Automotive
China's auto exports surged 63.7% in 2023 while domestic sales, boosted by year-end incentives, rose 4.2%, an industry association said Thursday.
Jan 11, 2024
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Automotive
BMW is recalling a small number of SUVs in the U.S. because the driver's air bag inflators can blow apart in a crash, hurling metal shrapnel and possibly injuring or killing people in the vehicles.
Dec 3, 2023
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The automotive industry designs, develops, manufactures, markets, and sells the world's motor vehicles. In 2008, more than 70 million motor vehicles, including cars and commercial vehicles were produced worldwide.
In 2007, a total of 71.9 million new automobiles were sold worldwide: 22.9 million in Europe, 21.4 million in Asia-Pacific, 19.4 million in USA and Canada, 4.4 million in Latin America, 2.4 million in the Middle East and 1.4 million in Africa. The markets in North America and Japan were stagnant, while those in South America and Asia grew strongly. Of the major markets, Russia, Brazil, India and China saw the most rapid growth.
About 250 million vehicles are in use in the United States. Around the world, there were about 806 million cars and light trucks on the road in 2007; they burn over 260 billion gallons of gasoline and diesel fuel yearly. The numbers are increasing rapidly, especially in China and India. In the opinion of some, urban transport systems based around the car have proved unsustainable, consuming excessive energy, affecting the health of populations, and delivering a declining level of service despite increasing investments. Many of these negative impacts fall disproportionately on those social groups who are also least likely to own and drive cars. The sustainable transport movement focuses on solutions to these problems.
In 2008, with rapidly rising oil prices, industries such as the automotive industry, are experiencing a combination of pricing pressures from raw material costs and changes in consumer buying habits. The industry is also facing increasing external competition from the public transport sector, as consumers re-evaluate their private vehicle usage. Roughly half of the US's fifty one light vehicle plants are projected to permanently close in the coming years with the loss of another 200,000 jobs in the sector, on top of the 560,000 jobs lost this decade. As a result, in 2009, China became the largest automobile market in the world.
This text uses material from Wikipedia, licensed under CC BY-SA