Latest Automobile manufacturing News

Brookdale, Synnex fall; Thor Industries, FactSet rise

Sep. 28, 2021 16:23 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Ford Motor Co., up 15 cents to $14.31. The automaker and partner SK Innovation announced plans to invest $11.4 billion ramping up electric vehicle production. ...

Green energy takes hold in unlikely places with Ford project

Sep. 28, 2021 15:27 PM EDT

GLENDALE, Ky. (AP) — When Ford revealed plans to ramp up its commitment to the fledgling electric vehicle sector, the automaker chose to create thousands of jobs and pump billions in investments into two states where Republican leaders have vilified the push for green energy and defended...

Gov. Lee: $500 million incentive package for Ford factory

Sep. 28, 2021 14:43 PM EDT

MEMPHIS, Tenn. (AP) — Tennessee offered $500 million in incentives for the creation of a $5.6 billion campus where Ford Motor Co. plans to build electric F-Series pickup trucks at the Memphis Regional Megasite industrial complex, Gov. Bill Lee said Tuesday. The...

Toyota banks on mobility technology for future growth

Sep. 28, 2021 10:24 AM EDT

TOKYO (AP) — Japanese automaker Toyota is revving up acquisitions in mobility technology, adding Renovo Motors Inc., a Silicon Valley software developer, to its Woven Planet team, which is working on automated driving. The addition, announced Tuesday, follows the...

Ford to add 10,800 jobs making electric vehicles, batteries

Sep. 27, 2021 20:37 PM EDT

GLENDALE, Ky. (AP) — Ford and a partner company say they plan to build three major electric-vehicle battery factories and an auto assembly plant by 2025 — a dramatic investment in the future of EV technology that will create an estimated 10,800 jobs and shift the automaker's future...

Ford and partner company to build new battery, electric vehicle plants, add 10,800 jobs starting in 2025

Sep. 27, 2021 19:38 PM EDT
GLENDALE, Ky. (AP) — Ford and partner company to build new battery, electric vehicle plants, add 10,800 jobs starting in 2025.

Ford family member named head of global brand merchandising

Sep. 27, 2021 12:35 PM EDT

DEARBORN, Mich. (AP) — A member of a new generation of Ford family members is taking on another leadership role at the automaker. Alexandra Ford English, the daughter of Ford Executive Chairman Bill Ford, was named global brand merchandising director for the Dearborn,...

Honda's Indiana factory adds new model to production line

Sep. 26, 2021 09:42 AM EDT

GREENSBURG, Ind. (AP) — Production has started on a new car model at Honda’s factory in southeastern Indiana. Honda executives, workers and several state officials marked the start of mass production for the 2022 Civic Hatchback at the Greensburg plant during a...

Toyota to field Tundra TRD Pro truck next season in NASCAR

Sep. 24, 2021 20:26 PM EDT

LAS VEGAS (AP) — Toyota will use its Tundra TRD Pro in NASCAR's Trucks Series next season as part of an overhaul to the vehicles used in the third-tier series. The Tundra TRD Pro was unveiled before Friday night's race at Las Vegas Speedway. It will make its...

Mercedes-Benz joins European EV battery joint venture

Sep. 24, 2021 14:38 PM EDT

Luxury automaker Mercedes-Benz is teaming up with Stellantis and TotalEnergies in a European electric vehicle battery joint venture, Automotive Cells Co. Each will hold a one-third stake in the venture, which will have an investment of more than 7 billion euros ($8.2...