Auto industry 33 results

German Auto Supplier MöllerTech Has Opened a $46.3 Million Plant in Alabama.

In March 2018, the Manufacturing facility of German automotive part supplier MöllerTech at the Scott Davis Industrial Park in Woodstock, Alabama was inaugurated in a grand and well attended opening ceremony. In addition to top local and state leaders and officials, top MöllerTech executives including the CEO Dr. Gunther Schmidt and officials from other automotive companies which partnered with ...

Rolls-Royce Opens Their Autonomous R&D Ship Facility: Manufactures Excited About Its Potential

Manufacturers are beginning to embrace new technologies to give their businesses a competitive edge. From digital systems on the shop floor to innovative ways of transporting their products and components, business leaders are actively searching for the next big thing. Now, Rolls-Royce may offer them a more efficient and advanced way to ship goods to customers all over the world. For years ...

Ford Doubles Down on Electric Vehicles: Manufacturers Watching Closely

The world of automotive manufacturing continues to face disruptions around every turn. Digital technologies are revolutionizing the production process and an entirely new class of vehicles, electric vehicles (EV’s), are upending the industry. However, EV’s are now becoming a primary focus for major automotive manufacturers where they once were a novelty being produced only by the automotive ...

Toyota and Mazda Announce New Manufacturing Plant for Alabama

Today (1/11/18), marks another big day for American Manufacturing as Japanese automakers Toyota and Mazda announce plans to build a massive $1.6 billion plant in Alabama. This joint-venture facility is expected to employ around 4,000 workers after completion. This is a huge start for the industry in 2018 and follows the trend of foreign companies moving some of their production to the states, ...

Tesla Inc, Unveils the Tesla Semi: Ready to Disrupt yet Another Industry

Tesla Inc is a well known disruptor of a number of industries. The automotive industry was taken back by the initial success and attention their long-range electric vehicles drew in. Electric car manufacturers have tried to make an impact on the market before but none have come close to the buzz Tesla created. Now, Elon Musk and his innovative automotive manufacturing company, Tesla have another ...

Renault Makes Big Push Toward Electric Vehicle Manufacturing

The French automotive manufacturer, Renault, announced last Friday (10/6/17) that half of its vehicle models will be electric or hybrid by 2022. The company also plans to invest heavily in “Robo-Vehicles” that have varying levels of autonomous functions. The strategic plan they released on Friday shows the goal is to boost annual revenue to €70 billion ($82.2 billion) in the next five years ...

Tesla’s Model 3 Production Misses Initial Q3 Predictions

Tesla Inc. missed the ambitious third quarter production predictions for the Model 3 sedan. This left many customers, investors and analysts worried that the automotive manufacturer won’t be able to meet any of their future targets for the electric car. The company reported that it delivered 220 Model 3 vehicles in the quarter. A total of 260 Model 3s have been produced at their factory in ...

Elon Musk Reassures Investors After Model 3 Production Concerns

Electric car manufacturer, Tesla, is facing some challenges introducing its first consumer level vehicle to the market. However Tesla CEO Elon Musk, reassured investors on Wednesday that his company was able to meet the increasing demand for the groundbreaking car. Musk started by saying that the company may experience some fluctuations in the rate of production, but no one should be concerned ...

First ‘All-Electric’ Aston Martin: Future of Automotive Manufacturing

Aston Martin is the latest car company to jump on the Electric Vehicle (EV) trend and it could mean big things for the future of EV’s. Production of the RapidE has been confirmed by the manufacturer and will be the brands first all-electric model. Williams Advanced Engineering will take point as lead engineering partner and the design will be based on the Rapide AMR. Production is expected to ...

General Motors has Big Plans for American Manufacturing

With the current administration pushing to bring manufacturing jobs back to the U.S., many manufacturers are embracing the concept and started reshoring many of their factory jobs. Some of the biggest companies bringing back American jobs are those in the automotive industry. This trend continues with General Motors who announced last week that they would be bringing back 600 jobs to the United ...