Automotive
Stellantis NV and a pair of tier one automotive suppliers have been granted permission to take over the tooling from a bankrupt supplier to avoid "enormous losses" from shutting down vehicle assembly lines.
Kia's latest EV concept cars, the recently revealed EV3 crossover and EV4 sedan, showcase the South Korean automaker's push to generate an eco-friendly brand image through interiors using natural materials, plant matter and even recycled ocean trash.
Nearly 40 percent of suppliers have laid off workers because of the UAW strike, according to a new survey by trade association MEMA.
Stellantis — the Netherlands-based company that also owns Chrysler, Jeep and Fiat brands — said the injection molding workshop at Rennes will make front and rear modules.
Automakers aim to reduce the industry's carbon footprint. But whether they're successful will come down in large part to whether their suppliers cut down on theirs.
As automakers push suppliers to reduce their carbon footprints, the companies are responding by setting targets of their own and coming up with new products and manufacturing processes to cut down on emissions.
A study shows the potential to recycle plastics from shredded automobiles scrap, a material that now goes to landfills around the world.
SK Battery America is investing $19 million to open an IT center in Roswell, Ga., to serve the company's battery manufacturing facilities across the United States.
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