Ford Motor Co. said it is returning to the international Formula One race circuit starting in 2026.
General Motors Co. today reported an improved quarterly profit on higher vehicle sales in its home North American market. The company also forecast strong results for 2023 but slightly below last year’s levels.
The auto industry will confront various challenges this year as automakers expand investment in electric vehicles and move on from the COVID-19 pandemic, speakers at a Federal Reserve Bank of Chicago conference said today.
The U.S. Department of Energy today announced the closing of a $2.5 billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.
Getman Corp. produces explosive chargers and mining support vehicles.
Eaton provides a case study of how traditional auto suppliers are moving to adapt to the EV era.
General Motors Co. today reported a higher third-quarter profit on increased revenue bolstered by more truck sales.
Reshoring announcements rise 11% in the first quarter compared with a year earlier, according to the Reshoring Initiative.
Hexagon has joined 14-time NASCAR Cup Series champions Hendrick Motorsports as its official metrology hardware and software provider for the next decade.
Schuler North America showcased its Digital Suite product family for the Press Shop of the Future during the grand opening of its new service facility in Canton, Mich.
