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Stellantis CEO: EV transition costs are “beyond the limits” the auto industry can sustain

Teslarati

Stellantis CEO Carlos Taveres stated that the pressure for legacy automakers to accelerate the shift to electric vehicles could threaten jobs and vehicle quality as traditional carmakers struggle to manage the higher costs of producing EVs. US President Biden pats GM CEO’s back: “You electrified the entire auto industry.

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On the Detroit auto display, worries and hope as UAW collision time limit nears

Baua Electric

It’s no longer “either we have a strong auto industry or workers are fairly compensated,” she stated. ” “We’re building the center of the auto industry. “We can and must do both. That’s why I’m hopeful they’ll stay at the table and get a contract done.”

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Survey: Local governments see EV charging as costly, lower-priority

Baua Electric

More local governments across Michigan see EV charging as a relevant issue, but the number is still fairly low, according to a new University of Michigan survey , and those interested in EV charging see cost as a barrier. And they don’t cost much.

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Tata Technologies displays eMO low-cost city EV engineering study at Detroit Show

Green Car Congress

Tata Technologies, a global provider of engineering services and product development IT, was selected by Michelin to display its electric MObility (eMO) engineering study EV as part of the Michelin Challenge Design display at the 2012 North American International Auto Show (NAIAS) in Detroit. —Kevin Fisher.

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Ceres: national fuel economy and emissions standards can increase viability of domestic automakers and suppliers

Green Car Congress

Even so, current auto sales and profits remain strong. Given the importance of operating costs and the synergy between autonomous vehicles and electrification, fuel efficiency and electrification are key to succeeding in this fast-evolving marketplace. In 1985, more than two-thirds of Detroit Three unit sales were in North America.

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How a possible UAW collision would have important ramifications on auto logistics

Baua Electric

The UAW’s promises with the Detroit 3 expire Sept. “It’s really about the level of dedication companies have to the auto industry,” he stated. “This is a just-in-time industry, so a lot of facilities have limited capacity for storing inventory,” You stated.

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Fitch Ratings: US automakers well positioned for weak demand in 2012; estimates break-even for Detroit 3 at 10.5M units

Green Car Congress

In its “2012 Outlook: US Auto Manufacturers and Suppliers”, Fitch assigns the industry a Positive Rating, expecting the credit profiles of the US OEMs and auto suppliers to generally strengthen in 2012, assuming that global economic conditions do not weaken materially from current trends. Continued global. million as of Nov.

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