Renault’s move came after Volkswagen, BMW, and Ford halted production at local plants. Stellantis CEO Carlos Tavares announced earlier this month that the maker of Jeep, Peugeot, Opel, and Fiat brands would halt exports and imports to Russia. Tavares said Stellantis could move some van production from Kaluga to Hordain, France, and Luton, England. According to Tavares, Russia generates 20-30 million euros ($33 million) in annual profit, negligible to the automaker’s overall operations. The Kaluga plant, 150 km southwest of Moscow, produces 11,000 commercial vehicles annually.
Author: hendfares88
In February 2021, the USPS announced a $482 million contract with Oshkosh, with the possibility of ordering up to 165,000 vehicles over a decade. Airbags, other safety equipment, and air conditioning are all standard on the new vehicles. On the other hand, the USPS estimates that buying and operating 75,000 new gasoline-powered delivery vehicles over a 20-year period will cost $9.3 billion versus $11.6 billion for electric vehicles. With a fleet of 140,000 older delivery vehicles, USPS operated 217,000 vehicles in 2019 and spent $706.2 million on maintenance. Even after an order is placed, Oshkosh says its contract “allows the…
BrightDrop, General Motors’ electric delivery van business, has renamed its two electric delivery vans and its electric delivery cart to better reflect the company’s new branding. The BrightDrop EV600, the larger of the two vans, will be dubbed the BrightDrop Zevo 600, while the BrightDrop EV410 will be dubbed the BrightDrop Zevo 400. The BrightDrop EV600 will be available in two sizes: standard and extended. Zevo was chosen because it incorporates the letters ZEV (Zero Emissions Vehicle) and EV (Electric Vehicle), as well as being a play on the word “zero,” which refers to General Motors’ objective of zero crashes,…
Late spring will see the arrival in the United States of a high-performance version of Mercedes’ flagship electric vehicle. The Mercedes-AMG EQS sedan will debut in 2022 as the premium brand’s first battery-electric production vehicle based on the EQ platform. It will cost $148,550 in total, including shipping. Mercedes-Benz is electrifying the performance AMG subbrand in two stages, with plug-in hybrids and all-electric vehicles. The AMG EQS sedan produces up to 649 horsepower with a boost function of 751 horsepower. It includes variable all-wheel drive, which dynamically distributes drive torque between the front and rear axles according on driving conditions.…
The 2023 Toyota GR Corolla will be offered in three hues — white, black, or red — with a color-keyed roof and spoiler. Although the limited-edition “Circuit” specification will not be available until 2023, it will have a carbon-fiber top, vented hood, and rear spoiler, as well as a shift knob autographed with CEO Akio Toyoda’s racing alias, Morizo. Toyota intends to sell approximately 6,000 GR Corollas in the United States during the model’s first year on the market, though the assembly plant in Motomachi, Japan, has annual capacity for more, according to Mike Tripp, vice president for vehicle marketing…
Rivian Automotive Inc., a developer of electric vehicles, says Russia’s invasion of Ukraine is increasing supply chain costs and risks. Rivian blamed “operational interruptions and delays” on the Russia-Ukraine conflict, the pandemic, and inflation in a regulatory filing on Thursday. The war has also increased component prices, particularly battery metals, according to the Irvine, California-based business. The Amazon.com Inc.-backed EV startup has struggled to scale up manufacturing. Earlier this month, the business made an embarrassing U-turn on boosting pricing, blaming a supply chain shortage and price pressures. It also anticipated 25,000 automobiles, half of what the company’s Normal, Illinois, facility…
Ford Motor Co. announced Thursday that it would cease operations at its Flat Rock Assembly Plant in suburban Detroit next week due to a global semiconductor shortage. The automotive sector is now battling a global chip scarcity caused by the COVID-19 epidemic, which has led businesses to reduce output, but high vehicle prices have largely countered the effect. Last month, the manufacturer warned that the chip shortfall would result in a decrease in vehicle sales in the current quarter. Ford paused production at its Kansas City assembly plant, which produces F-150 pickup trucks, for a week last month owing to…
The automotive supply chain is undergoing changes as a result of the rise of electric cars. Automotive News examines how those developments are altering the landscape of an industry. The increased demand for electric vehicles is reshaping the automotive supply chain at a time when it is already under strain due to the coronavirus epidemic, rising material costs, and semiconductor shortages. The industry is making a huge push for new technologies and solutions, and R&D is taking place across the board. Between 2019 and 2020, the world’s top 20 automakers will invest roughly $94 billion in research and development as…
Ford Motor Co. on Thursday said it would halt production at its Flat Rock Assembly Plant in suburban Detroit next week, where it builds the Mustang, due to a global semiconductor shortage. The auto industry is grappling with a global chip shortage triggered by the COVID-19 pandemic that has forced companies to cut production, although high vehicle prices have partially offset its impact. The automaker had warned last month that the chip shortage would lead to a decline in vehicle volumes in the current quarter. Last month, Ford halted production at its Kansas city assembly plant that makes F-150 pickup…
LOS ANGELES, CA — The certified pre-owned programme of American Honda Motor Co. will now encompass Honda and Acura vehicles older than 10 years. Younger car buyers on a budget should be attracted to dealer lots by the new extended HondaTrue Used and Acura Precision Used programmes. For Dan Rodriguez, manager of auto remarketing at American Honda: “We wanted to make it easy for new purchasers to experience our brand. When it comes to attracting new customers to our brand, we see this expansion as a gateway product,” says the company’s CEO. While newer Hondas have no mileage restrictions, older…