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More auto plant shutdowns for COVID-19

Green Car Congress

Joining BMW, Ford and FCA in suspension of production in the US due to COVID-19 ( earlier post ) are: Toyota is temporarily suspending production at all of its automobile and components plants in North America, including Canada, Mexico and the US, through 3 April. jobs supported in the US economy for every job at GM.

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Report: GM is mulling a Chevy Camaro EV

Baua Electric

GM would take a different approach than rival Ford, which has applied the Mustang name to the Mach-E electric crossover sold alongside the traditional gasoline coupe and convertible. That still leaves room for a four-door coupe similar to the current BMW i4, though.

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China’s EV surge threatens legacy automakers market dominance from GM to VW

Electrek

As new, advanced EVs take over the auto market in China, legacy automakers , including Volkswagen, General Motors, Toyota, BMW, Honda, and Mercedes Benz, will all lose significant market share, according to a new Greenpeace report.

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Mercedes, Porsche, BMW stocks defy market downturn despite disruptions

Teslarati

The stocks of German luxury automakers, including Mercedes, Porsche, and BMW, have remained strong in recent months despite numerous disruptions. Other automakers, including Ford and GM, have seen massive falls in stock value over the same timeframe. BMW stock chart by TradingView. P911 stock chart by TradingView.

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Tesla’s Fremont Factory was the most productive auto factory in the U.S. in 2021

Teslarati

However you break it down, the Fremont Factory’s manufacturing prowess showed its domination in 2021, as it was the most productive automotive factory in the United States in 2021, outpacing Toyota, BMW, and Ford factories that have long created the most robust figures of car production in previous decades.

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Cadillac Optiq electric SUV aims at Tesla and BMW, costs $54,000

Baua Electric

says it hopes the model will help it reach its goal of selling two million EVs worldwide between now and 2026 and corner the market against rivals BMW AG and Tesla Inc. GM discontinued the popular Chevy Bolt, while Tesla laid off 10% of its global workforce. General Motors Co. sales were up 86% compared to last year.

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Tesla’s 5-year lead against rivals validated by auto parts giant

Teslarati

This is, at least, according to auto parts giant Ningbo Tuopu Group Co., China-based Tuopu is a major auto parts supplier, providing components for numerous automakers that range from local brands like Geely and SAIC to Western companies like GM and Ford. pic.twitter.com/AroBTVgbPn. pic.twitter.com/AroBTVgbPn.

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