Remove Auto Industry Remove Automobile Industry Remove International Remove Japan
article thumbnail

University of Michigan Report Finds Focus on Fuel Economy Would Be Very Profitable for Detroit 3; Says Rapid, Wide-Reaching Change in Business Models Required for Turnaround

Green Car Congress

A new report released by the University of Michigan Transportation Research Institute ( UMTRI ) analyzes critical choices faced by automakers and finds that broad, deep, fast change is necessary for success in the context of the worst financial crisis in the history of the domestic automobile industry. Rob Kleinbaum. Fuel Economy.

article thumbnail

The EV Transition Explained: Reshaping Labor Markets

Cars That Think

President Biden says his EV policies will result in “one million new jobs in the American automobile industry. employees engaged in motor vehicle parts manufacturing, about one-quarter—nearly 150,000—make components for internal combustion powertrains.”. million jobs” in the Japanese auto industry. One million.”.

Market 99
article thumbnail

How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

This is different from anything Ive ever seen in my 40 years in the automobile industry." ( Detroit Free Press ). is likely to unveil a prototype plug-in hybrid at the North American International Auto Show in Detroit as part of its company-wide focus on "electrifying" the car, GM officials said Thursday. This is unusual.

Plug-in 45