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GM to invest $700m in Volt rechargeable electric car. “GM is spending $336m to upgrade the Hamtramck plant; $202m for a new plant in Flint, north of Detroit, that will build 1.4 GM to invest $700m in Volt rechargeable electric car. Tags: Production News Detroit GM Chevy Volt. Related Stories.
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 automobileindustry. Rob Kleinbaum. points).
I still believe in a bright future — one that we can build together. I still believe the automobileindustry is a major force for good in our country. The UAW’s strike against Ford, General Motors (GM), and Stellantis has closed out its first month.
From AP : The company, he said, builds more vehicles in America and has more United Auto Workers employees than any company, which has increased its costs in a highly competitive industry. Ford has 57,000 UAW workers compared with 46,000 at GM and 43,000 at Stellantis. GM and Stellantis are reportedly only offering 20 percent.
Australia got itself into a troublesome situation by the 1980s with regard to its automobileindustry. The countrys location, worker wages, and currency valuation meant it was not sensible to build cars within Australia for export to other parts of the globe. Images: Ford, GM-Holden, Toyota] Become a TTAC insider.
Later, in graduate school at Virginia Tech, he became part of a group of engineers who visited local schools to help enhance the STEM curriculum with hands-on building of solar electric and small motor project activities. “We It was like the early days of the automobileindustry when everything was so scattered,” Smith explained.
GM has announced plans for public sales in 2010, and almost every carmaker now says it will sell PHEVs or highway-speed battery electric vehicles (BEVs) sometime after 2010. The electrification of the automobile is inevitable." When Lutz first proposed creating an electric car in 2003, the idea "bombed" inside GM, he says. "I
As a subscriber, you can receive our free weekly China Auto News, which keeps you informed the latest developments of Chinas automobileindustry. GM plans to launch the Volt in China in 2011. Mitsubishi to help Oregon build. Gasgoo.com will not disclose your email to any third party; your privacy will be respected.
Despite elevated fuel prices, aggressive marketing, and most companies vowing to transition toward building electrified automobiles exclusively, America has an EV supply of more than 100 days on dealer lots. That’s about double the average for gasoline vehicles. Most EV models had more than 100 days' supply, Cox said.
The first whiff of additional safety regulation came in July 1965, when GM and Ford both testified to Congress about the importance of roof strength. Automotive safety was newly in the public eye, after Ralph Nader’s book Unsafe at Any Speed arrived in 1965 to skewer the domestic automobileindustry.
A recent report from the Environmental Defense Fund indicates that electric vehicle sales volumes are growing at a rapid pace, signalling an epochal shift in the auto industry over the next decade. There is no longer any dispute that the automobileindustry is transitioning to electric vehicles. Companies Making The Shift.
But it is a price that must be paid, and GM should be commended for remaining committed to the Volt. It isa fundamental change in direction for GM. GM will leapfrog Toyota and Honda by providing an electric car to the masses by the end of next year. GM is developing more fuel-efficient vehicles. Thats short-sighted.
President Biden says his EV policies will result in “one million new jobs in the American automobileindustry. GM announced in an investors call that it was pushing back its target of making 400,000 EVs in North America by the end of 2023 into mid-2024. Subaru recently announced it will not build an EV factory in the U.S.
In a Saturday campaign speech in Dayton, Ohio, Trump said that over a period of 30 years Mexico has taken away 34% of the automobile manufacturing business in the U.S. automobileindustry as a whole.” BMW Group Plant San Luis Potosí in Mexico Mexico already builds many U.S.-bound bound EVs but buys few of them.
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