Search

Byline: Pete Bigelow Toyota Motor Corp. is doubling down on a big bet in the aviation realm. The automaker will invest $500 million into electric air mobility startup Joby Aviation, [...]

Byline: Douglas A. Bolduc German electric motor startup DeepDrive could shake up the electric vehicle sector. That is the view of former Audi and Volvo board member Peter Mertens, who [...]

Byline: John Irwin Panasonic Automotive Systems' presence at CES was designed to build deeper relationships with tech giants and automakers as the auto parts arm of Panasonic, the Japanese battery [...]

Byline: David Kennedy The electric vehicle era and lingering effects of the microchip shortage have prompted a reckoning for how automakers manage their supply chains. Car companies are investing in [...]

The excitement over Ford Motor Co.'s redevelopment of the landmark Michigan Central Station comes with some legitimate concerns over its impact on the surrounding Corktown neighborhood. The massive project will [...]

Byline: SEBASTIAN BLANCO In most parts of the world, electric vehicle sales are little more than a trickle right now. Sure, Norway stands in a class of its own -- [...]

Byline: Hans Greimel Honda Motor Co. is kicking off the year with back-to-back investments in U.S. high-tech companies as the automaker scrambles for know-how in a changing industry -- one [...]

Byline: Michael Lee If 2021 taught us anything, it's that as soon as you declare a 'new normal,' something will come around soon to demolish your assumptions. A year ago, [...]

Byline: Lindsay Chappell Not so many years ago, the Southeastern U.S. was largely off the map of the North American auto industry. But over the past three decades, states in [...]

Byline: Jamie Butters Hyundai Motor North America's planned U.S. investments in electric vehicle manufacturing will be greatly influenced by the structure of federal incentives for EVs, CEO Jose Mu+-oz said [...]

Byline: Hans Greimel Toyota Motor Corp. is ready for takeoff in the brand-new world of electric air mobility. But for now, it is skipping further investment in a Japanese startup [...]

After more than a century, the internal combustion engine is on a countdown timer, and so are fossil fuels. Electrification is touted at the future for vehicles, but where does [...]

Byline: Jim Henry and Jackie Charniga Most mainstream manufacturers have their own captive finance company. Dealers swear by them for sticking with auto lending through thick and thin, and manufacturers [...]

Bitcoin surged to a record high, after Tesla revealed that it had bought $1.5bn-worth of the cryptocurrency and would accept it as payment for its cars. Elon Musk's recent musings [...]

Byline: John Irwin For four years the relationship between General Motors and the Canadian union Unifor was in tatters -- marked by a strike, blockades, an international media campaign and [...]

Byline: Velvet Spicer Hydrogen mobility and clean energy company, Hyzon Motors Inc., and Total Carbon Neutrality Ventures, the venture capital arm of European energy giant Total SE have announced a [...]

Byline: Michael Martinez Ford Motor Co.'s broad investment in electrification includes money for a slew of hybrids, plug-ins and battery-electric vehicles, but nothing in one area where its biggest rivals [...]

Byline: Alexa St. John The Motor City's auto industry once fretted about the seemingly endless stream of capital investment going to rival vehicle assembly plants and supply chains in places [...]

Byline: Vince Bond Jr. And Lindsay Chappell If the U.S. auto industry is so worried about a slowdown, why are so many decision-makers suddenly writing checks to invest in assembly [...]

Byline: Jackie Charniga MUSA Auto Finance, a tiny leasing company that abruptly halted new business last fall after a partnership with Tesla Inc. overwhelmed its capital resources, has sold a [...]

Byline: Urvaksh Karkaria BMW has invested about $10 million in its vehicle assembly plant in Spartanburg, S.C., to boost U.S. production of lithium ion battery packs. The fourth-generation batteries will [...]

Byline: Pete Bigelow When Bryan Salesky was in charge of hardware development for Google's self-driving car project, he quickly grasped not just the value, but the necessity of close collaboration [...]

TROY, MO. Toyota Motor North America's March announcement of $749 million in U.S. plant investments will include one far-flung infusion of capital that received scant notice. Toyota will spend $62 [...]

Byline: Vince Bond Jr. And Lindsay Chappell If the U.S. auto industry is so worried about a slowdown, why are so many decision-makers suddenly writing checks to invest in assembly [...]

Byline: Danielle Szatkowski Three automaker ventures invested $21 million in mobility startup Urgent.ly in an attempt to modernize roadside assistance programs. Urgent.ly announced last week that BMW i Ventures, Jaguar [...]

The automotive industry is working to prolong its recent growth and redirect its future, a multi-directional strategy that requires vehicle manufacturers to continue revamping and retooling for current needs, simultaneously [...]