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Rivian gets $827m incentives to expand Normal, Illinois factory for R2

Baua Electric

Rivian has secured $827 million worth of incentives from the state of Illinois to expand its main factory in Normal. Rivian’s Normal, Illinois plant is where it builds the R1S and R1T. FTC: We use income earning auto affiliate links. The plant was purchased from Mitsubishi in 2017.

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Stellantis trade in with UAW provides primary spice up to Illinois

Baua Electric

The post Stellantis trade in with UAW provides primary spice up to Illinois appeared first on Bauaelectric Auto News. The automaker will manufacture vehicles and batteries out of Belvidere, offering a lifeline for the pocket and boosting the environment’s economic system.

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Fact Check: Did President Biden Help Bring An Auto Plant Back?

The Truth About Cars

During last week's State of the Union address, President Joe Biden made a claim that seemed to suggest that his administration, along with the UAW, helped Stellantis resurrect a plant in Belvidere, Illinois. Here's what Biden said in the speech, via the Associated Press : The great comeback story is Belvidere, Illinois.

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Lucid Motors, Rivian sued by Illinois car dealers for direct sales

Teslarati

Lucid Motors and Rivian were sued by the Illinois Automobile Dealers Association, the Chicago Automobile Trade Association, and some individual franchised auto dealerships in the state for selling vehicles directly to consumers. Sander represents more than 700 auto dealers that operate over 2,300 franchises across the state.

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Ed Morse Car bolsters Illinois footprint

Baua Electric

The post Ed Morse Car bolsters Illinois footprint appeared first on Bauaelectric Auto News. Ed Morse Car ranks Disagree. 52 on Car Information ‘ most up-to-date checklist of the manage 150 dealership teams based totally within the U.S., retailing 14,832 unutilized automobiles in 2022.

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Auto parts seller LKQ cuts 2024 sales forecast as warm weather slows demand – ET Auto

Baua Electric

Auto parts distributor LKQ cut its full-year sales forecast on Tuesday and missed estimates for first-quarter profit amid falling metal prices and softening demand for spares in North America. It now expects to report organic revenue growth for parts and services between 2.5% for 2024, down from its prior guidance of 3.5%

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Opinion: Making Sense of the Stellantis Auto Show Decision

The Truth About Cars

News broke earlier this week that Stellantis would pull out of auto shows, including the upcoming Chicago Auto Show, for the foreseeable future. We reached out to the Chicago Auto Show folks about that, and have not yet heard back. Having one of the Detroit Three pull out of auto shows leads to ringing of alarm bells.

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