Industry
Toyota investing $210 million in West Virginia engine plant
Upgrade increases capacity for 4-cylinder engines, adds 100 new jobs.
Category: Vehicle Tech
Software, electronics, propulsion, batteries, safety, and connectivity.
Vehicle Tech
Ford sets all-electric plans for Europe
Commercial vehicles, passenger cars to be all-electric or plug-in hybrid by 2030.
Manufacturing
BorgWarner buys German commercial vehicle battery pack supplier for $915 million
Akasol AG makes battery packs for commercial electric vehicles (EVs), purchase expands BorgWarner’s electrification push.
Vehicle Tech
NHTSA launches flurry of autonomous vehicle actions before Trump leaves office
Auto sales finally got back above pre-recession levels in 2014 with August sales reaching a seven-year high. After six long years, sales levels have matched 2007’s pace. More importantly, several research groups expect 2015 continue to grow. Today’s Motor Vehicles allows marketers direct access to this healthy industry with continued growth.
Industry
November cutting tool sales fall 20%, but signs of recovery abound
Year-to-date total of $1.7 billion, 2020 is down 22.7% when compared with November 2019.
Fleets
From Detroit Diesel to Detroit ePowertrain
Daimler Trucks subsidiary getting $20 million investment to make e-axles for electric commercial trucks.
Manufacturing
GM earns $6.4 billion in 2020, down slightly from 2019 despite massive COVID-19 changes
Taking market share from Ford in pickups was key to boosting profitability and funding electric/autonomous vehicle plans.
Supply Chain
Ford, Honda support STEM programs
Automakers donating cash and computers to organizations that promote science and technology for future workers.
Manufacturing
GM expanding 10-speed transmission capacity in Toledo
$75 million investment supports higher pickup production with work beginning immediately.
Manufacturing
Ford to double EV/AV spending to $29 billion by 2025, loses $1.3 billion in 2020
Losses overseas erase gains in Ford Credit, Ford North America.
Vehicle Tech
PRAB’s Dualpak Briquetters (Video)
PRAB’s Dualpak Briquetting Machines increase the value of metal chips, loose turnings and swarf by compressing them into near solid, dry briquettes for scrap metal recycling to send to the recycler or feed to furnace.
Manufacturing
General Motors hopes to stop making gasoline-burning cars by 2035
“Aspiration” plan developed with environmental groups could have the automaker carbon neutral within 20 years.