Japanese Automaker Toyota’s Profits Zoom on Cheap Yen, Strong Global Sales

[ad_1] TOKYO (AP) — Toyota’s July-September profit jumped nearly threefold from a year ago as vehicle sales grew around the world and a cheap yen boosted the Japanese automaker’s overseas…

UAW expands strike to crucial GM SUV plant in Texas hours after automaker reports earnings

[ad_1] DETROIT – The United Auto Workers expanded its strikes against General Motors to a highly profitable full-size SUV plant in Texas, the union said Tuesday. The strike escalation includes…

UAW Mack Trucks deal could be a test for worker demands amid Detroit automaker negotiations

[ad_1] Striking United Auto Workers members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan, on Sept. 29, 2023. Rebecca Cook | Reuters DETROIT — United Auto…

Opinion: General Motors is taking the near-shoring approach to an extreme level

[ad_1] Open this photo in gallery: Employees works on the line at automaker General Motors Brightdrop line at its CAMI plant, Canada’s first full-scale electric vehicle manufacturing plant, in Ingersoll,…

Chinese Automaker BYD Buys Jabil Inc China Mobility Business – Nigeria News

[ad_1] Chinese automaker BYD said its electronics unit has struck a deal with US-based manufacturer Jabil Inc to buy its mobility business in China for 15.8 billion yuan ($2.2 billion).…

Italy not ruling out stake in new automaker Stellantis – report

[ad_1] MILAN (Reuters) – Italy could take a stake in newly-created automaker Stellantis but any such investment would be made in a consensual way, Italy’s deputy Economy Minister Antonio Misiani…

Automaker Stellantis has discussed moving pickup truck production from the U.S. to Mexico, union leader says

[ad_1] UAW Vice President Rich Boyer addresses union members during a “Solidarity Sunday” rally on Aug. 20, 2023 in Warren, Mich. Michael Wayland / CNBC WARREN, Mich. – Automaker Stellantis…

Geely Invests $10 Billion in Malaysian Automaker Proton

[ad_1] Chinese automaker Geely agrees to invest up to $10 billion in Proton’s new Automotive Hi-Tech Valley manufacturing base, according to Malaysian Prime Minister Anwar Ibrahim. The site, located in…

China Evergrande’s EV Unit to Get Cash Injection From Dubai Automaker

[ad_1] The Chinese property developer’s fledgling auto unit said NWTN’s $500 million investment would help it meet imminent funding needs. [ad_2] Source link

Automaker Tesla is opening more showrooms on tribal lands to avoid state laws barring direct sales

[ad_1] One of the biggest reasons to buy an electric vehicle (EV) or plug-in hybrid electric vehicle (PHEV) is the cost advantage of electricity versus gasoline. No matter where you…