article thumbnail

Subaru of America Reports Strong December Sales and Year-End Performance

The Truth About Cars

Photo credit: Teddy Leung / Shutterstock.com Subaru of America, Inc. This marks an 11 percent rise compared to December 2021, indicating a positive trend despite ongoing industry challenges. witnessed a notable increase in vehicle sales during December 2022, with a reported 56,760 vehicle sales. Although this represents a 4.7

America 52
article thumbnail

Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. However, the Southeast Asian market at home has recently become a new target for many car companies. What is the mystery behind it?.

Asia 97
article thumbnail

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

Teslarati

The executive noted that if Ford loses its competitive nature against rivals, many jobs will be lost. “It’s the absolute lifeblood of our company. America loses. I still believe the automobile industry is a major force for good in our country. And if we lose it, we will lose to the competition.

Future 143
article thumbnail

Balqon to build electric buses in China with SAIG

Green Car Congress

California-based Balqon Corporation, a developer of heavy-duty electric vehicles, drive systems and lithium battery storage devices ( earlier post ), has entered into a Joint Development Agreement with China-based Sichuan Automobile Industry Co., Sichuan Automobile Industry Co.

China 300
article thumbnail

Ford’s adoption of Tesla NACS could change the EV charging landscape [Opinion]

Teslarati

The move may change the EV charging landscape in North America. The company renamed the technology the North American Charging Standard , with the intention to make it the standard charging connector and charge port in the EV charging landscape. Its legacy alone makes it a formidable player in the growing EV industry.

Charging 144
article thumbnail

GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. The company ranked 5 th among all brands in J.D.

article thumbnail

Top 5 Truck Companies in the World With the Potential to Revolutionise the Logistics Sector

Get Electric Vehicle

We don’t have to stress the point that, the automobile industry is going all-electric. The freight movement industry is also expected to have a face shift that several automobile giants and startups are working their way into the highly profitable yet challenging job of electrifying the logistics industry.