Latest Automobile parts manufacturing News

US auto sales fell slightly in 3Q, even with September gains

Oct. 03, 2022 18:03 PM EDT

DETROIT (AP) — U.S. new vehicle sales fell slightly in the third quarter, even though some automakers reported improvement in September. But there are warning signs consumers' appetite for expensive new cars, trucks and SUVs may be waning. Edmunds.com said Monday that sales fell...

Column: 'We need to fix it' safety concerns dogging NASCAR

Oct. 03, 2022 15:12 PM EDT

CHARLOTTE, N.C. (AP) — NASCAR’s beleaguered new car somehow made it out of Talladega Superspeedway in the cleanest race yet of this year’s playoffs. It did little to quell the safety concerns surrounding the Next Gen car that debuted this season. The first four playoff races...

Ford to invest $700M, add 500 jobs at Louisville truck plant

Sep. 27, 2022 15:13 PM EDT

LOUISVILLE, Ky. (AP) — Ford will invest $700 million mainly at its Kentucky Truck Plant in Louisville, creating about 500 new jobs over the next four years. The company made the announcement Tuesday after a state board approved incentives for Ford's investment in the state. ...

Building construction starts at Ford site in Tennessee

Sep. 23, 2022 12:22 PM EDT

MEMPHIS, Tenn. (AP) — Building construction has begun at the future site of a factory where Ford and a South Korean company have joined forces to build electric trucks and batteries in rural west Tennessee, officials said Friday. Ford Motor Co. said it has broken ground on the...

Ford shuffles management, seeks new global supply chain head

Sep. 22, 2022 13:56 PM EDT

DETROIT (AP) — Ford is restructuring its vehicle development and supply chain operations, shuffling multiple executives just days after announcing that it would build up to 45,000 vehicles with parts missing due to shortages. The Dearborn, Michigan, automaker gave some executives...

Parts shortage forces Ford to cut its 3Q earnings forecast

Sep. 19, 2022 19:28 PM EDT

DEARBORN, Mich. (AP) — A parts shortage that has thousands of Ford's most-profitable vehicles sitting on lots waiting to be fully assembled has forced the automaker to slash its third-quarter earnings forecast. Ford said Monday that it expects to have 40,000 to 45,000 unfinished...

GM plans $491M Indiana plant upgrade to help support EVs

Sep. 15, 2022 12:49 PM EDT

DETROIT (AP) — General Motors said Thursday it will spend $491 million to expand and upgrade an Indiana metal stamping plant for production of steel and aluminum stamped parts for “future vehicles," including electric vehicles. The automaker said it would install two new press...

'Car guy' Biden touts electric vehicles at Detroit auto show

Sep. 14, 2022 18:30 PM EDT

DETROIT (AP) — President Joe Biden, a “car guy” with his own vintage Corvette, showcased his administration's efforts to promote electric vehicles during a visit Wednesday to the Detroit auto show. Biden traveled to the massive North American International Auto Show to plug...

Work at Stellantis plant to resume after deal with UAW

Sep. 12, 2022 20:20 PM EDT

United Auto Workers union members who went on strike Saturday at a Stellantis casting plant in Indiana are returning to work after ratifying a deal with the company. Stellantis said that operations at the plant in Kokomo will resume late Monday after UAW Local 1166 workers voted to...

US, Mexico to cooperate on semiconductors, electric vehicles

Sep. 12, 2022 20:10 PM EDT

MEXICO CITY (AP) — Mexico and the United States plan to take advantage of the Biden administration's massive investment in semiconductor production to push the integration of their supply chains and cooperate on expanding the production of electric vehicles through Mexico's nationalized lithium...