The car or truck field faces the risk of creeping protectionism at a time when world wide offer chains are much more globally integrated than at any time before, the head of Mercedes-Benz has warned. “Politically, there have been developments to far more protectionism around the previous three, 4, 5 […]
Auto Industry
The U.S. automobile field is modifying its enterprise product to produce much less cars at greater selling prices, successfully embracing the supply chain complications that brought on inflation across the global economy at the beginning of the coronavirus pandemic. The end result is that shoppers are remaining priced out of […]
The carmaker behind Hyundai and Kia has said it aims to increase global sales by 10{1668a97e7bfe6d80c144078b89af180f360665b4ea188e6054b2f93f7302966b} this year, as the company accelerates its transition to electric vehicles. Hyundai Motor Company’s new forecasts come despite it having failed to reach its sales targets for 2022 because of supply chain disruptions that […]
It’s challenging to imagine that after not so extensive ago—at least, within the span of my have decrepit memory—Britain was the world’s next-greatest maker of cars. Dozens of makes thrived and went forth, even following acquiring the bejeezus pummeled out of their factories for the duration of the Next Entire […]
From the January 2023 issue of Car and Driver. Curse globalization all you like, but it’s a safe bet that what remains of England’s automobile industry wouldn’t be here today without investments from around the world. Over the course of a week driving around Britain, we visited several enterprises that […]
The meteoric rise of Tesla in the 2010s—as well as the relative simplicity of electric powertrains—has inspired countless entrepreneurs to try their hand at starting trendy, forward-thinking car companies. Many of these have already come and gone, their renderings and outlandish claims collecting dust in a forgotten corner of the […]