Auto industry 44 results

Battery Manufacturer To Open New Plant In Georgia

SK Innovation, a developer and manufacturer of lithium-ion batteries for hybrid electric vehicles, have announced their plans for a new manufacturing facility in Jackson County, Georgia. The batteries manufactured at the new facility will produce batteries for both Mercedes-Benz and Hyundai-Kia Motors hybrid-electric vehicles. The new plant will be built at a total cost of $1.67 billion and be ...

Toyo Tire To Build New Manufacturing Plant in Georgia

Georgia Gov. Nathan Deal announced Tuesday that Toyo Tires will invest over $138 million in a new manufacturing facility in Cartersville. The plant will hire more than 150 new, full-time jobs. "As the No. 1 state for business, Georgia offers the strategic resources necessary to retain dynamic companies and support industry leaders in long-term growth," said Deal. "Toyo Tires is a valued member ...

Robyn Denholm announced as new Chair of Tesla

Tesla has a new Chair of the Board  and she has the unenviable task of overseeing Elon Musk. The company announced last week the appointment of Robyn Denholm to the Chair of the Board at Tesla The electric car manufacturer made the announcement last week following their recent settlement with the SEC over CEO Elon Musk’s fraud charges. The charges originated with Musk’s tweets indicating ...

Tesla Just Outsold All Mercedes Benz Passenger Cars Combined

Despite a 93 year head start, Tesla has surpassed Mercedes Benz in sales during the July-September fiscal quarter. You read that correctly: the Palo Alto-based start-ups Model 3, S and X cars have combined sales that surpass Mercedes Benz. The German juggernaut sold 66,542 vehicles compared to Tesla’s 69,925 cars with only 3 models in their lineup. This puts Tesla squarely at the heels of ...

Walmart Orders 30 More Tesla Semi Electric Trucks

Walmart announced today that is had placed an order for 30 Tesla Semi electric trucks. This is in addition to the 15 trucks ordered at the unveiling of the all-electric semi truck in November of 2017. This latest order is part of Walmart’s efforts to electrify their Canadian trucking fleet. According to John Bayliss, senior vice-president, logistics and supply chain for Walmart, “We are ...

BMW Produces The First Mass-produced, 3-D Printed Metal Component

Most of us have never heard of the Altair Enlighten Awards, but if you work in the automotive engineering field, it’s kind of a big deal. Held annually to recognize the auto industry’s work in the field of light weighting, the big winner this year was GM’s truck division for cutting 450lbs from their 2019 Silverado pickups. But the buzz at this years event, held in Traverse City Michigan, ...

Classic Car Industry Facing Hard Times Ahead

Another unexpected victim of protectionist trade practices is facing serious financial hardships as a result of the Trump tariffs. Over 20 million Americans spend an estimated $1.5 billion every year on classic cars, trucks and motorcycles. Tariffs place a tax not only on the import and export of the classic cars themselves but also the parts and accessories needed to restore and maintain ...

52% of New Cars Sold in Norway are Electric

Norway has become the first developed country in the world where sales of electric and hybrid vehicles (a combination of electric and gas-powered engines) have overtaken conventional gas and diesel vehicles. In December 2017 alone 1,800 new Tesla vehicles were registered in Norway. This helped electric and hybrid vehicles to overtake conventional vehicles in monthly sales for the first time in ...

Nissan to Stop Selling Diesel Cars in Europe

Japanese auto manufacturer Nissan has announced that it will gradually wind down the sale of its diesel cars in Europe. Nissan cited slumping sales and increasing taxes as a result of the fallout from the Volkswagen scandal. The company has partnered with French car manufacturer Renault in Europe to produce a large number of cars of different designs. A Nissan spokeswoman indicated that the ...

Ford, GM, BMW, and Renault just started a blockchain research group for the Auto Industry

Automakers Ford, General Motors,BMW and Renault announced on May 2nd that they would form a new alliance that will explore the feasibility and application of using blockchain in the auto industry and mobility field. The Mobility Open Blockchain Initiative, or MOBI, has more than 30 organizations as its founding members including Accenture, Hyperledger, Bosch and IBM. The group has announced that ...