Automakers probably will dial back production by 15% in China this quarter after extending holiday shutdowns due to the potentially deadly coronavirus, a top supplier said.
January 30, 2020Gabrielle Coppola
Business
An employee uses a forklift to transport vehicle panels in a Chinese automobile plant in 2018. (Qilai Shen/Bloomberg News)
China’s Auto Production to Drop 15% Because of Virus, Supplier Aptiv Says
An employee uses a forklift to transport vehicle panels in a Chinese automobile plant in 2018. (Qilai Shen/Bloomberg News)
Business, Technology
(Karma Automotive)
China’s Karma Automotive Plans to Enter Electric Truck, SUV Fray
(Karma Automotive)
The pickup truck market that has gone years without an electric entrant may have another competitor join the fray: Karma Automotive, the Chinese-owned carmaker once known as Fisker.
January 27, 2020
Government, Business, Technology
David Paul Morris/Bloomberg News
Tesla Clears Road for Rivian, Others to Sell EVs in Michigan Without Dealers
David Paul Morris/Bloomberg News
Tesla Inc.’s legal victory to sell its electric vehicles in Michigan without dealers could clear a path for other carmakers to follow.
January 23, 2020
Business, Technology, Fuel, Autonomous
Rivian R1T electric pickup truck by Patrick T. Fallon/Bloomberg
Electric-Truck Maker Rivian Raises $1.3 Billion in New Funding
Rivian R1T electric pickup truck by Patrick T. Fallon/Bloomberg
Rivian Automotive Inc., the electric truck maker already backed by Amazon.com and Ford Motor Co., raised another $1.3 billion from investors led by T. Rowe Price to support the rollout of its debut vehicles next year.
December 23, 2019
Government, Business, Technology, Equipment, Fuel, Logistics
Vans queue up to leave an Amazon delivery center in Englewood, Colo., on July 30, 2019. (David Zalubowski/Associated Press)
Amazon’s Van-Buying Spree Delivers a Gift to Auto Industry
Vans queue up to leave an Amazon delivery center in Englewood, Colo., on July 30, 2019. (David Zalubowski/Associated Press)
The Amazon.com vans parked outside apartment buildings and along suburban cul-de-sacs aren’t just bearing gifts to online shoppers this holiday season. The e-commerce giant’s home-delivery push has been a boon to automakers, too.
December 19, 2019
Business
Bob Edme/Associated Press
Fiat Chrysler Agrees to Costly Pay Bumps for Lower-Wage Workers
Bob Edme/Associated Press
Fiat Chrysler Automobiles NV agreed to pay $29,500 in wage increases and bonuses to the typical United Auto Workers member over the next four years, according to a summary of a pact reached with the union last week.
December 4, 2019Follow Us
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