Remove Automobile Industry Remove General Motors Remove Industry Remove Products
article thumbnail

Hyundai invests more in Georgia to produce hybrids

Teslarati

Hyundai’s Georgia Metaplant was supposed to be a dedicated factory for EV production. However, Hyundai and a few more legacy automakers have mentioned a slowing demand for electric vehicles and have turned to hybrid production to recover losses. Ford postponed EV launches to focus on hybrid production. trillion won (US$2.5

Georgia 65
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

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

Green Car Congress

The BMW Group and Toyota are consistent industry leaders, creating extremely positive Sustainable Value over the entire review period—i.e., Findings of the report include: Toyota and the BMW Group are industry leaders. In other words, the authors note, these companies use these resources more efficiently than their industry peers.

article thumbnail

GM’s Volt Program = $700m

Revenge of the Electric Car

General Motors will invest $336m in a Detroit-area assembly plant, bringing to $700m total investment in eight Michigan facilities to begin mass production of the rechargeable Chevrolet Volt electric car in late 2010. Tags: Production News Detroit GM Chevy Volt. GM to invest $700m in Volt rechargeable electric car.

Volt 124
article thumbnail

Bosch Powers the Automotive Sector Toward an Electrified Future

Cars That Think

Looking ahead, Stuttgart will likely continue to be the heart of the German auto industry, but how long will the IC engine remain the heart of the automobile? As the automotive industry races toward an electrified future, Bosch is accelerating its R&D into the essential building blocks of electric drivetrains.

Power 75
article thumbnail

Japanese carmakers still ‘most sustainable’

Green Cars News

A focus on tailpipe CO2 emissions has distracted away from the impact of car production, suggests Professor Frank Figge who co-authored the ‘Sustainable Value in Automobile Manufacturing’ study. Asian carmakers are still outperforming their Euorpean and American counterparts in environmental sustainability, a new report finds.

Sodium 36
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. I still believe the automobile industry is a major force for good in our country.

Ford 110