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latest auto news
Foxconn to whip 50% stake in ZF axle machine unit
“This business can grow very quickly, but it has relatively low margins. It needs fresh capital,” which is why ZF ...
Unifor seeks a non-adversarial way to Stellantis commitment talks
Status along and sharing a microphone with Stellantis COO North The united states Mark Stewart on the Brampton Meeting Plant, ...
Unifor seeks a non-adversarial technique to Stellantis word of honour talks when compared with UAW
UAW President Shawn Fain, tossed apart a decades-old handshake custom with Detroit 3 CEOs extreme era, announcing he’d shake fingers ...
Peugeot hires Renault exec as head of key France marketplace
Zineb Ghout, lately advertising and marketing director of Renault France, has been named director of Peugeot France. Ghout will get ...
Tesla begins providing 84-month automotive loans as rates of interest be on one?s feet
“When interest rates rise dramatically, we actually have to reduce the price of the car, because the interest payments increase ...
Republic of India’s Samvardhana Motherson buys Germany’s Dr. Schneider for $132M
BENGALURU — Indian provider Samvardhana Motherson World mentioned it has bought Germany’s Dr. Schneider Workforce via an insolvency procedure for ...
Why Canadian luxurious car gross sales display negative indicators of slowing i’m sick
Toyota Canada Inc. and its Lexus unit also are forecasting expansion throughout Canada, although now not essentially a gross sales ...
Tesla is lapping Germany’s automakers within the international EV race
In Europe’s greatest financial system, inflationary pressures, a inadequency of professional employees and top power costs are including to the ...
China to be heart of Mercedes 2025 EV gross sales force
Mercedes-Benz is making China, the arena’s manage auto marketplace, central to its later electric-vehicle marketing campaign launch in 2025. “To ...
Stellantis, Samsung decide to 2nd battery plant for U.S.
Stellantis is making plans for EVs to produce up 50 % of its passenger automobile and light-duty truck gross sales ...