Automotive Industry

UK EU membership crucial, says car industry

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UK EU membership is crucial, says the automotive industry. Being part of the European Union is vital for future success, said Mike Hawes, Chief Executive...

Toyota recall involving 6.4 million cars

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A Toyota recall involving 6.4 million cars has been announced by the world’s largest automobile maker. Nearly half of them (3.4 million) need a...
corvette production at bowling green

GM investing $439 million in its Chevrolet Corvette plant

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General Motors is investing $439 million in its Chevrolet Corvette plant, located in Bowling Green, Kentucky. GM will create a 450,000 square-foot paint shop, almost...
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GM could face hefty criminal charges because of faulty switches

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General Motors could face hefty criminal charges after because of identified criminal wrongdoing after a federal investigation looked into a defect linked to at...
Brand new Toyota cars

South Korean car brands beat Japanese rivals in quality

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South Korean car brands are the best in terms of new vehicle quality, beating Japanese and European rivals, according to automotive research firm J.D....
godrive ford

Ford launching car-sharing program in the US and UK

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Ford is rolling out its very own car-sharing program across six cities in the US and London. On Tuesday the automotive giant announced that its...

Ford shares fall after lowering full-year earnings forecast

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Ford shares dropped by more than 4% in after-hours trading following the announcement of quarterly results and guidance that fell short of expectations. Ford reported...

Mercedes-Benz launches Europe’s first plant to reclaim 96% of battery materials

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Mercedes-Benz has opened the first battery plant in Europe featuring an integrated mechanical-hydrometallurgical process. The new plant opens in Küppenheim, southern Germany. The plant can...

Volvo AB reported disappointing third-quarter results

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Swedish truck and construction equipment maker Volvo AB reported disappointing third-quarter results. According to the company, in Q3 2024, its operating income was 14.1 billion...
Stephen K. Carlisle, new head of GM Canada

GM Canada names Stephen Carlisle as new president and managing director

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GM Canada announced on Thursday that Stephen K. Carlisle will take over as president and managing director from Kevin W. Williams, who has led...