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Q4 of 2022

Lucid finished Q4 of 2022 strong, but still faces challenges

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Electric Vehicle newcomer Lucid announced it had beaten last year's production target thanks to a strong performance in Q4 of 2022. The automaker's revised manufacturing...
inventory

Inventory pressures still top of mind for auto retailers in 2023,...

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Research published by Wards Auto reveals that dealerships are still looking to shore up their inventories in 2023, despite struggling with vehicle shortages for...
Jeep Cherokee

Stellantis may still have use for closing Jeep Cherokee plant

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Stellantis is sticking with its plans to close the sole Jeep Cherokee plant in Illinois, however the company has hinted it may reopen in...

Rivian suffers losses but remains in great cash position

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Rivian Automotive continues to lose billions after a year of providing ground-breaking R1T electric trucks to consumers. But, analysts say the EV startup has...
supply shortages, Toyota

Toyota cuts 500,000 vehicles from production in the wake of supply...

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Toyota has adjusted its production output as the auto industry's supply shortages persist. The affected lines include the company's crossovers, utility vehicles, SUVs and...
EV batteries

EV battery materials are in short supply — how are automakers...

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EV experts are not hopeful that the shortages of rare earth metals used in EV batteries will improve in the next few years. More...
Toyota

Toyota again slashes June production expectations

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For the second time in a week, Toyota Motor Corp. said Friday it was reducing its global production expectations for the month of June,...
Ford lightning

Ford doubles F-150 Lightning production target on strong demand

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It’s been just over three months since Ford announced the all-electric version of their best-selling pickup, the F-150 Lightning. Deliveries are expected to start...
production

Carmakers scale back production further on semiconductor shortage

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Halfway around the globe in Malaysia, COVID-19 cases have spiked badly in the past five weeks, and daily case counts in the nation of...
shortage

GM full-size truck production to be halted next week due to...

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As of next week, General Motors will be pausing production lines for nearly all full-size pickup trucks manufactured in the US and Mexico. The shutdowns are...