Category Archives: manufacturing

Daimler Buses Sells Minibus Plant to AEQUITA

AEQUITA takes over the minibus company with around 240 employees, thereby safeguarding the Dortmund site for the near future. The companies signed a purchase agreement on November 22, 2021. The transaction will be completed on January 01, 2022. The production of Mercedes-Benz brand minibuses at the Dortmund plant will continue. “There will be a continued close partnership between Daimler Buses and AEQUITA in the areas of sales and aftersales,” Daimler claimed. Continue reading

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Biden Bets on Detroit, Union Workers at GM’s EV Factory ZERO

“They’re the things that take place at the kitchen tables I grew up in,” Biden said. “For most of the 20th century, we led the world by a significant margin because we invested in our people, we invested in ourselves. But something went wrong along the way: We stopped. We risked losing our edge as a nation, and China and the rest of the world are catching up. Continue reading

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Production Starts on Prototype Volta Electric Truck

When completed in January, the fleet will start a testing scheme. This will involve Volta Trucks engineers replicating a wide range of customer usage and delivery cycles, as well as taking the Volta Zero to the extremes of cold weather environments in the Arctic, hot weather in equatorial conditions, and crash testing,. This according to Volta will validate the safety, durability, and reliability of the vehicle. Continue reading

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Toyota Georgetown Kentucky Plant Set for $461M Upgrade. Lexus Manufacturing Leaving US

According to the Japanese global automotive giant, an investment of $461 million will add advanced manufacturing equipment and technologies, coupled with facility layout improvements, which will increase the plant’s operational speed, flexibility and competitiveness. These improvements will expand TMMK’s ability to produce new products, including future electrification. Continue reading

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General Motors Q3 Earnings – $2.9 Billion

General Motors Co. (NYSE: GM) today reported third-quarter earnings of $2.922 Billion. GM said it is on track to deliver full-year 2021 EBIT-adjusted earnings approaching the high end of its guidance range of $11.5B to $13 Billion. EBIT-adjusted was $2.9 … Continue reading

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Stellantis, Samsung SDI JV for NA Battery Manufacturing

The latest Joint Venture for Lithium-Ion Battery Production in North America comes just days after Stellantis announced that it had entered with LG Energy Solution a memorandum of understanding to form a joint venture to produce battery cells and modules for North America. Thus the battery gold rush among major automakers continues with vast unknowns on how EVs will pan out among consumers. Continue reading

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Stellantis, LG Energy JV for North American Battery Production

The batteries produced at the new facility will be supplied to Stellantis assembly plants throughout the US, Canada and Mexico for installation in next-generation electric vehicles ranging from plug-in hybrids to full battery electric vehicles that will be sold under the Stellantis family of brands. Stellantis was created by the merger of Fiat Chrysler , aka FCA, and Peugeot or PSA. Continue reading

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GM Plant Workers Face Threats After Voting Out Corrupt Union

On 17 and 18 August, workers at the General Motors (GM) plant in Silao, Mexico, voted against the current collective bargaining agreement, which since 2008 has been controlled by Tereso Medina, general secretary of the Miguel Trujillo López union, affiliated the Confederation of Mexican Workers (CTM). A total of 6,480 workers cast their ballot. There were 2,623 votes in favor of the agreement, 3,214 against, and 39 spoiled ballots. As a result, the current collective agreement is in the process of being scrapped. Workers will not lose any of their rights, and their benefits and working conditions will remain the same until new representatives are elected. Continue reading

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