Category: Motorized Vehicle

July 23, 2021

The auto industry’s push into electric vehicles has gained traction this year with sales of these models growing at a faster clip than the broader U.S. car business. While still a sliver of the overall market, sales of plug-in vehicles […]

July 22, 2021

Hyundai Motor achieved its best quarterly profit in about six years, helped by solid demand for its high-margin crossovers and its premium Genesis cars. The automaker reported net profit of 1.8 trillion won ($1.57 billion) for the April-June period versus […]

July 15, 2021

Nissan Motor Co. has extended U.S. production downtime for the Altima until the start of August due to the ongoing global microchip shortage. The mid-sized sedan model has not been built in Canton, Miss., since June 4, which includes the […]

July 8, 2021

South Korea plans to invest 40.6 trillion won ($35 billion) in its EV battery industry by the end of the decade to secure its spot as a major global force in the sector and compete with a dominant China and […]

June 22, 2021

Volkswagen AG is undergoing the world’s largest industrial overhaul for the electric-vehicle age, plotting half a dozen battery plants just in Europe and retooling assembly lines around the globe. And yet, its CEO sees autonomous-driving technology bringing about an even […]

June 21, 2021

Volvo Car Group and Swedish battery maker Northvolt AB will jointly build an electric car battery factory in the latest move by European manufacturers to localize cell production in the region. The Chinese-owned carmaker and Northvolt will build a factory […]

June 18, 2021

Struggling electric truck maker Lordstown Motors said June 17 it doesn’t have any firm orders for its vehicles, just days after its president said the company had enough to maintain production through 2022. Questions have been mounting about whether Lordstown […]

June 14, 2021

The average age of vehicles on U.S. roadways rose to a record 12.1 years last year, as lofty prices and improved quality prompt owners to hold on to their cars longer. It was the first time the average vehicle age […]

June 8, 2021

Forward Engineering Managing Director Adam Halsband’s presentation at Virtual Engineering Days highlights the plastics industry opportunities that arise thanks to the auto industry’s push for weight reduction. His session, “New Automotive Requirements Drive Increased Opportunity for Plastics Industry” covers issues […]

June 8, 2021

Ford has vast experience with designing hard-working pickup trucks. But designing a pickup truck to do that work using purely electric power stored in its battery pack and driving through electric motors presented new challenges for the team working on […]