Latest Automobile manufacturing News

Corvette plant adding 400 workers ahead of new model rollout

Apr. 25, 2019 4:30 PM EDT

BOWLING GREEN, Ky. (AP) — General Motors says it is adding a second shift and more than 400 hourly jobs at its Kentucky plant that produces the Chevrolet Corvette. The increased production will support the company's newest generation of its iconic sports car, first introduced in 1953. GM says the new...

Daimler to convert Oregon factory to build electric trucks

Apr. 25, 2019 12:02 AM EDT

PORTLAND, Ore. (AP) — A major auto manufacturer says it will build electric trucks at an Oregon factory. The Oregonian/OregonLive reports that Daimler Trucks North America announced Wednesday it will make electric Freightliner trucks in Portland with local production scheduled to begin in 2021. The company...

Tesla posts surprisingly large 1Q loss as sales slump 31%

Apr. 24, 2019 8:24 PM EDT

SAN FRANCISCO (AP) — Tesla CEO Elon Musk had prepped Wall Street for a first quarter loss but analysts were still stunned by its size: $702.1 million, among the company's worst quarters in the past two years. The net loss was more than double what analysts had predicted as Tesla's sales slumped 31% for the...

Microsoft's cloud growth pleases Wall Street

Apr. 24, 2019 5:03 PM EDT

REDMOND, Wash. (AP) — Microsoft's ongoing push to get automakers, retailers and other businesses onto its cloud computing platform helped power the company's third-quarter earnings ahead of Wall Street expectations Wednesday. The software maker posted fiscal third-quarter earnings of $8.8 billion, up 19%...

California company seeks to build electric car in Spokane

Apr. 24, 2019 2:23 PM EDT

SPOKANE, Wash. (AP) — A California company that plans to produce an electric sports car is planning to occupy a large facility west of Spokane. Mullen Technologies of Brea, California, has signed a letter of intent with West Plains-Airport Area Public Development Authority to manufacture its electric...

Ford to invest $500M in electric vehicle startup Rivian

Apr. 24, 2019 9:50 AM EDT

DETROIT (AP) — Ford is sinking a half-billion dollars into electric vehicle startup Rivian in a deal that has the companies working together on a new Ford electric vehicle based on Rivian underpinnings. Ford Motor Co. will become a minority partner in Rivian, which is based outside of Detroit and recently...

Nissan slashes profit amid Ghosn scandal, lagging sales

Apr. 24, 2019 3:58 AM EDT

TOKYO (AP) — Nissan cut its profit forecast for the fiscal year through March on Wednesday to reflect slowing sales, higher costs and the fallout from a criminal investigation of its former chairman, Carlos Ghosn. Nissan Motor Co. expects to post a 319 billion yen ($2.9 billion) profit for the fiscal year,...

US expands probe into air bag failures to 12.3M vehicles

Apr. 23, 2019 5:46 PM EDT

DETROIT (AP) — U.S. auto safety regulators have expanded an investigation into malfunctioning air bag controls to include 12.3 million vehicles equipped with bags that may not inflate in a crash. The problem could be responsible for as many as eight deaths. Vehicles made by Toyota, Honda, Kia, Hyundai,...

Michigan approves $2.7M grant for auto parts expansion

Apr. 23, 2019 5:22 PM EDT

LANSING, Mich. (AP) — The Michigan Economic Development Corp. has approved a $2.7 million grant to a German auto parts manufacturer that's investing nearly $48 million in a new plant in Wayne County that's expected to create 440 jobs. It said Tuesday that Webasto Roof Systems has recently won several large...

Google self-driving unit Waymo picks Detroit factory site

Apr. 23, 2019 12:29 PM EDT

DETROIT (AP) — Google's self-driving car spinoff Waymo says it will reopen an axle plant in Detroit to convert conventional vehicles so they can drive autonomously. The company says it will lease a now-closed American Axle & Manufacturing plant north of downtown so it can convert the vehicles, mostly...