Remove Automobile Industry Remove Ford Remove General Motors Remove Motor
article thumbnail

Hyundai invests more in Georgia to produce hybrids

Teslarati

Hyundai Motor Co. Hyundai moves up production start date at Georgia Metaplant In the first quarter, Hyundai Motor reported an operating profit of over 3.5 Ford postponed EV launches to focus on hybrid production. Hyundai’s Georgia Metaplant was supposed to be a dedicated factory for EV production. trillion won (US$2.5

Georgia 91
article thumbnail

UAW President: Tesla workers are union “members of the future”

Teslarati

In a response to Ford Motor Co. Executive Chairman Bill Ford’s statements on Monday, the UAW noted that workers at non-union automakers like Tesla and Toyota are not the enemy. Many jobs will be lost,” Bill Ford said. I still believe the automobile industry is a major force for good in our country.

Future 139
article thumbnail

European Auto Industry Expresses Concern Over Iron Ore Price Hikes

Green Car Congress

The European automobile industry expressed concern about the “ sudden and massive ” increase in the price of iron ore, a crucial material for producing steel. The automobile industry needs broad access to raw materials at competitive conditions, especially in times of fragile economic circumstances, ACEA said.

article thumbnail

Thomson Reuters analysis finds automotive new propulsion technology patent activities surge 6-fold in 5 years

Green Car Congress

In contrast, the United States’ one representative in the top 10 assignees, General Motors, is seventh on the list, with short of 3,000 patents. For patent publications associated with inovations in the fuel economy of internal combustion engines, Hyundai was the leader, followed by GM and Ford.

article thumbnail

Ford Executive Chair Bill Ford Asks UAW to End Strike

The Truth About Cars

Ford Motor Company Executive Chairman Bill Ford has asked union members to come together and end the UAW strike before it hampers the business’ ability to invest in future products and facilities. Many jobs will be lost,” Henry Ford’s great-grandson was quoted as saying by the Associated Press.

Ford 111
article thumbnail

Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

Green Car Congress

Ford has also languished in negative territory from 2001 onwards, and only temporarily showed signs of recovery in 2004 and 2005 (although still not managing to create positive Sustainable Value). Daihatsu, on the other hand, generally fell just within the negative zone. GM achieved a sustainable value of -€9.87

article thumbnail

US cash for clunkers scheme ends

Green Cars News

This program has been a lifeline to the automobile industry, jump starting a major sector of the economy and putting people back to work,” Secretary LaHood said. “At In response to the scheme, both General Motors and Ford ramped up production, adding shifts and rehired laid off workers to meet renewed demand.