Tag: industry news
Honda overpays employee bonuses, requires factory workers to repay
Honda Motor Company is asking some employees from its Marysville factory in Ohio to repay a portion of bonuses the company said were accidentally...
The Fed will likely get more aggressive in tackling inflation this...
A number of recently released reports show a combination of positive and negative outlooks for the economy and labor market, just ahead of another...
Volkswagen launches New Mobility unit with emphasis on AV and EV...
Volkswagen is taking steps to increase its market position as an electric vehicle maker by creating a new division dubbed “New Mobility.” The division...
General Motors invests $491 million in Marion plant for EV push
General Motors has announced plans for a significant investment in its Marion metal stamping facility in Indiana to help the company boost production of...
Tesla faces class action lawsuit over ‘misleading’ claims about FSD and...
Tesla and its CEO Elon Musk are facing another lawsuit, this time from a customer from San Francisco. He claims that the company and...
Ford reveals new gas-powered Mustang at Detroit Auto Show
Ford Motor Company has doubled down on its commitment to customers who still want a gas-powered muscle car. However, with a push toward zero...
Meet the ZEM: A zero emission vehicle that cleans the air...
A zero emission electric vehicle (ZEV) with the capability of cleaning the air as it drives might be a reality in the future. A...
Billionaire investor Ray Dalio predicts recession, high interest rates
Ray Dalio, a prominent investor, and Bridgewater Associates founder, shared his opinion about inflation, falling stock prices, and future interest rate increases on social...
NACTOY names 26 semifinalists for 2023 awards, 20 of them are...
The popularity of electric vehicles can be seen in the list of semifinalists for the 2023 North American Car, Truck, and Utility Vehicle of...
President Biden promotes American EV manufacturing at Detroit Auto Show
During his visit to the Detroit Auto Show, President Joe Biden announced the first wave of funding for a national network of electric vehicle...
