Expleo Establishes R&D Center in Michigan June 22, 2023 European engineering services provider Expleo USA Inc. is establishing its first North American research and development facility in Michigan.
Toyota to Invest $50 Million for New Michigan Battery Lab June 8, 2023 Toyota Motor Corp. said today it will spend about $50 million to build a new battery laboratory at its North American R&D headquarters in York Township, Mich.
Ford Returns to Formula One February 3, 2023 Ford Motor Co. said it is returning to the international Formula One race circuit starting in 2026.
GM Quarterly Profit Rises January 31, 2023 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.
Auto Industry to Confront Challenges in 2023 January 11, 2023 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.
DoE Announces $2.5 Billion Loan for Battery Plants December 12, 2022 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.
Scaling Up to Higher Profits December 12, 2022 Getman Corp. produces explosive chargers and mining support vehicles.
Eaton: Case Study for Suppliers Adapting to EVs October 31, 2022 Eaton provides a case study of how traditional auto suppliers are moving to adapt to the EV era.
GM Profit Rises on Vehicle Sales October 25, 2022 General Motors Co. today reported a higher third-quarter profit on increased revenue bolstered by more truck sales.
Bosch to Invest $664 Million in North America This Year June 7, 2022 German-based automotive supplier Bosch said today it plans to invest $664 million in its U.S. operations this year.
