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Auto industry spent less on advertising in 2022; Tesla already spends $0

Teslarati

Although Tesla spends $0, the decline in ad spending could be an indicator of troubles for an industry trying to compete with Tesla’s EV lead. Reuters reported that the auto industry’s ad spending fell to $4.8 billion between January and July 2022 or 4% year-on-year. Compared with the same period in 2019 ($5.50

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Auto Industry Strike: UAW and Big Three Fail to Agree on Terms

The Truth About Cars

Last night, the Union launched a strike against Ford, GM, and Chrysler/Stellantis, taking almost 13,000 workers off production lines and factory floors across the country. After weeks of speculation over whether the UAW and Big Three automakers would come to an agreement, we have our answer: They didn’t.

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Tesla US Sales Up 104% While US Auto Industry Down 22%

CleanTechnica EVs

Comparing the 3rd quarter of 2021 to the 3rd quarter of 2020, US Tesla sales were up 67% while overall US auto sales were down 13%. Compared to 2019, the difference was even more stark — Tesla sales were up 104% and US auto sales were down 22%.

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Chrysler Group in 5-year, $18.2M partnership with McMaster University to develop advanced electric and hybrid powertrains; funding from Canadian Government

Green Car Congress

Chrysler Group LLC has entered a 5-year, $18.2-million For McMaster, the project partnership is one of three new partnerships with Chrysler, the federal government and other auto industry leaders worth a combined $24 million. Chrysler Group will invest $9.25

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Former Chrysler CEO Joins Electrovaya Board; Special Advisor to CEO

Green Car Congress

Former Chrysler CEO Tom LaSorda has joined Li-ion battery manufacturer Electrovaya’s Board of Directors. LaSorda brings more than 30 years of auto industry experience, most recently as Vice Chairman, President and Board Member of Chrysler LLC. Earlier post.).

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ISU study finds large potential for biobased materials in auto industry, but with challenges

Green Car Congress

To create the largest impact, the researchers concluded, emphasis should be placed on the largest producers of vehicles; the five largest producers of automotive vehicles in the United States are General Motors, Ford, Toyota, Chrysler, and Honda. Cost to manufacture is one of the main considerations.

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Obama Outlines Next Steps for GM and Chrysler

Green Car Congress

In a statement livecast on the Internet by the White House, President Barack Obama said that neither of the restructuring plans submitted by GM and Chrysler “ goes far enough to warrant substantial new investment. ”. Chrysler, the President said, is “ more challenging ”. Earlier post.). President Obama. President Obama.

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