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Research and development costs, as well as capital spending for the top 25 automotive companies, have increased 33% from roughly $200 billion in 2015 to $266 billion in 2023, according to auto ...
Volkswagen ID.Buzz is displayed during the New York International Auto Show 2024, where automobile manufacturers introduce their newest models to the world, in New York, United States on March 27 ...
Shares of electric vehicle makers Tesla (NASDAQ: TSLA) and Rivian Automotive (NASDAQ: RIVN) fell roughly 4% and 5%, respectively. ... Wake up with Breakfast news in your inbox ... New data today ...
In addition to in-vehicle experiences, EVs showcased at CES this week also put a spotlight on the state of sustainable energy in the car industry today — and the need to expand access sources ...
The labor union United Auto Workers (UAW) represents approximately 145,000 automobile workers employed at Ford Motor Company, General Motors, and Stellantis. [14] To achieve its goals, UAW has engaged in strike action; from November 1945 to March 1946, UAW went on strike against General Motors.
Automotive News is a weekly newspaper established in 1925, written for the automotive industry, predominantly for individuals corresponding with automobile manufacturers and automotive suppliers. [2] It is based in Detroit and owned by Crain Communications Inc. [ 3 ] Globally, there are more than 55 editors and reporters.
Maruti Suzuki was the first and the most successful of these new entries, in part the result of government policies to promote the automotive industry beginning in the 1980s. [14] As India began to liberalise its automobile market in 1991, a number of foreign firms also initiated joint ventures with existing Indian companies.
Hyundai CEO Jose Munoz isn't worried about Elon Musk's close relationship with Donald Trump. The boss of the Tesla rival told Bloomberg it may actually be good for the US auto industry.