Latest Automobile manufacturing News

Live updates | Russia-Ukraine War

May. 16, 2022 20:03 PM EDT

WASHINGTON — The head of the world’s largest humanitarian network said Monday that Europe’s speedy acceptance of millions of Ukrainians fleeing Russia’s aggression demonstrates its “double standard” in dealing with people fleeing violence in Africa, the Middle East and elsewhere who...

French carmaker Renault to sell Russian operations to Moscow

May. 16, 2022 10:05 AM EDT

Russia will take control of French car manufacturer Renault's operations in the country and resurrect a Soviet-era auto brand, officials said Monday, marking the first major nationalization of a foreign business since the war in Ukraine began. Renault said it would sell its majority...

A new Oregon mining boom could be a bust for sage grouse

May. 14, 2022 09:15 AM EDT

McDermitt, Ore. (AP) — Katie Fite crouched behind some waist-high sagebrush, and her dog Bell nestled in the plant’s cozy cavity to shield from howling winds. It was the first Saturday in April, peak mating season for sage grouse on a remote stretch of the Oregon-Nevada border....

Japan's Honda sees profit slide on chips, material cost woes

May. 13, 2022 05:41 AM EDT

TOKYO (AP) — Honda’s fiscal fourth quarter profit slipped to almost half of what the Japanese automaker earned the previous year as it endured supply shortages and rising raw materials costs. Tokyo-based Honda Motor Co. reported Friday that its profit was 124.8 billion yen ($967...

Nissan mulling third auto plant in the US to meet EV demand

May. 13, 2022 01:13 AM EDT

YOKOHAMA, Japan (AP) — Nissan is considering adding a new auto plant in the U.S. to keep up with growing demand for electric vehicles, a top executive at the Japanese automaker said Friday. “It may not be a surprise that we go for a third plant,” Chief Operating Officer Ashwani...

Sources: Hyundai to set $7B US plant during Biden Asia visit

May. 12, 2022 19:05 PM EDT

ATLANTA (AP) — South Korean automaker Hyundai Motor Group is expected to announce next week that it’s building a massive electric vehicle plant near Savannah, Georgia, according to a U.S. official familiar with the anticipated announcement. Hyundai is finalizing those plans as...

Japan's Nissan returns to profit despite chips shortages

May. 12, 2022 18:35 PM EDT

TOKYO (AP) — Japanese automaker Nissan returned to profitability in the last fiscal year for the first time in three years, despite challenges such as supply shortages caused by the pandemic and soaring costs. Nissan Motor Co. reported Thursday a net profit of 215.5 billion yen...

Sources: Hyundai to set $7B Georgia plant during Biden visit

May. 12, 2022 17:18 PM EDT

ATLANTA (AP) — South Korean automaker Hyundai Motor Group is expected to announce next week it’s building a massive electric vehicle plant near Savannah, Georgia, according to a U.S. official familiar with the anticipated announcement. Hyundai is finalizing its plans for the new...

Sources: Hyundai to announce $7B, 8,500-job electric vehicle plant in Georgia during Joe Biden visit to South Korea

May. 12, 2022 16:59 PM EDT
ATLANTA (AP) — Sources: Hyundai to announce $7B, 8,500-job electric vehicle plant in Georgia during Joe Biden visit to South Korea.

Mercedes tells owners of 292K vehicles to stop driving them

May. 12, 2022 11:30 AM EDT

DETROIT (AP) — Mercedes-Benz is telling the owners of more than 292,000 vehicles in the U.S. to stop driving them due to a problem that could cause the brakes to fail. The German automaker is recalling the vehicles and says it will offer free towing so the owners can get them to a...