Automotive
For the most part, auto makers are not meeting consumer expectations for EVs, according to a report by Boston Consulting Group.
Injection molder Heyco-Werk USA Inc. is investing $12.75 million to build a new 65,000-square-foot manufacturing facility in North Carolina.
Collin Shaw, the manufacturers association's chief commercial vehicle officer and COO for its Original Equipment Suppliers group, will succeed Fream on April 1.
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.
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