Latest Automobile manufacturing News

Ford says outlook for its 2nd quarter is improving

Jun. 17, 2021 17:26 PM EDT

Ford's second-quarter outlook is improving, with large numbers of customers making reservations for four of its new vehicles. Ford Motor Co. now anticipates its quarterly adjusted earnings before interest and taxes for the April through June quarter to top its...

Auto show back in Detroit next year with focus on outdoors

Jun. 17, 2021 16:30 PM EDT

DETROIT (AP) — The head of Detroit's big international auto show says it will return to the Motor City next year, but with smaller indoor displays, and more emphasis on experiencing vehicles and technology outside. The North American International Auto Show was canceled...

Lordstown Motors reverses, says it has no firm truck orders

Jun. 17, 2021 12:02 PM EDT

TOLEDO, Ohio (AP) — Struggling electric truck maker Lordstown Motors said Thursday it doesn't have any firm orders for its vehicles, just days after its president said the company had enough to maintain production through 2022. Questions have been mounting about whether...

Electric vehicle company picks Oklahoma for assembly plant

Jun. 17, 2021 11:49 AM EDT

PRYOR, Okla. (AP) — Los Angeles-based electric vehicle company Canoo announced Thursday it has selected Pryor, Oklahoma, for its U.S. manufacturing facility, which is expected to employ 2,000 people. The company plans to build its factory on a 400-acre campus at the...

Oracle, La-Z-Boy fall; General Motors, Rambus rise

Jun. 16, 2021 16:25 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Oracle Corp., down $4.56 to $77.08. Investors were disappointed by the software maker's first-quarter profit forecast. La-Z-Boy Inc., down...

GM, Ford outdo each other with electric vehicle investments

Jun. 16, 2021 15:21 PM EDT

DETROIT (AP) — General Motors will raise spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers will eagerly switch from gasoline to the new technology. The announcements Wednesday came as crosstown rival Ford said...

Officials: Man pinned between truck, bulldozer at waste site

Jun. 16, 2021 14:57 PM EDT

WINSTON-SALEM, N.C. (AP) — A Stokes County man was killed last week when he was pinned between a truck and a bulldozer at a waste facility in Forsyth County, the N.C. Department of Labor said. According to a department spokeswoman, Thomas Michael Thompson, 63, of...

Spain hopes to jumpstart electric car industry with EU funds

Jun. 16, 2021 11:51 AM EDT

BARCELONA, Spain (AP) — Daniel Sánchez is one of the luckier electric car owners in Spain. With a free recharging station less than a kilometer from his home just north of Barcelona, he can keep his Tesla ready to roll. “I cannot imagine stopping at a gas station...

Volvo to boost electric vehicle production in South Carolina

Jun. 16, 2021 10:16 AM EDT

RIDGEVILLE, S.C. (AP) — Volvo Cars will invest $118 million into its plant in Ridgeville to build Polestar 3 electric vehicles with its affiliate, Polestar Cars, company officials announced Wednesday. The Ridgefield plant now produces the Volvo S60 luxury sedan for U.S....

Edmunds: How to pick the right axle ratio for your truck

Jun. 16, 2021 06:48 AM EDT

There are a number of design choices to consider when you’re shopping for a full-size pickup truck. Some are common elements such as bed length, cab size, engine and trim level. But there’s another less well-known purchase decision that’s also important if you plan on towing with your...