Mercedes opens Alabama battery plant, adding up to 600 jobs
Mercedes-Benz has opened a new electric vehicle battery factory near Tuscaloosa, Alabama, that will create up to 600 new jobs.
Mar 15, 2022
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42
Automotive
Mercedes-Benz has opened a new electric vehicle battery factory near Tuscaloosa, Alabama, that will create up to 600 new jobs.
Mar 15, 2022
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42
Automotive
Volkswagen said Friday its net profits jumped last year despite selling fewer cars due to the semiconductor shortage as buyers forked out for better-equipped cars.
Mar 11, 2022
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Automotive
Honda's profit dropped 32% in the last quarter as rising material costs and a shortage of computer chips hurt the Japanese automaker.
Feb 09, 2022
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Automotive
Honda expects its factories to make more vehicles this year despite a computer chip shortage and supply chain troubles. But because it's starting the year with so few vehicles at dealers, the company expects U.S. sales to ...
Jan 13, 2022
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4
Automotive
A few days after reports surfaced that Tesla allows drivers to play video games on dashboard touch screens while vehicles are moving, Mercedes-Benz has issued a U.S. recall for a similar issue.
Dec 10, 2021
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Automotive
Battery-powered vehicles will get top billing at the Los Angeles Auto Show, which opens this week after a year's hiatus due to the novel coronavirus.
Nov 17, 2021
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Business
Taiwanese tech giant Foxconn unveiled three electric vehicles on Monday, boosting its bid to be a major player in the rapidly expanding EV market as it seeks companies to partner with.
Oct 18, 2021
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Automotive
Ford Motor Co. is investing $50 million in an upstart electric vehicle battery recycling company as the automaker moves to shore up its U.S. battery supply chain.
Sep 22, 2021
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Automotive
Toyota, the world's top-selling automaker, said on Friday it would further slash production in Japan and abroad because of ongoing virus disruptions and a chronic global chip shortage.
Sep 10, 2021
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Automotive
President Joe Biden wants to erase Donald Trump's rollback of automobile pollution and fuel economy standards.
Aug 06, 2021
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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