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BMW’s Mexico plans could include EVs

BMW's $1 billion Mexico assembly plant could become the automaker's first dedicated electric vehicle production center. A source familiar with BMW's product plans said the automaker is set to begin manufacturing the next-generation 3…

Stellantis ranks even lower among supplier base

In recent months, Stellantis indicated that it expected its supply base to shoulder more of the R&D cost of making the automaker competitive in EVs. And this year, it informed its suppliers that the company was adopting new terms and…

MEMA presses Congress to pass competition bill

WASHINGTON — As the auto industry endures global supply chain disruptions, including a semiconductor shortage that emerged from the COVID-19 pandemic, one trade association is hoping to avoid déjà vu. "Right now, our No. 1 public policy…

American Axle said to explore a sale of company

The manufacturer has been a stalwart supplier of axles and drivetrain components to automakers. The company faces challenges to maintain revenue as key customers such as Ford Motor Co. and General Motors electrify their vehicles and switch…

Nissan poised to name new U.S. battery supplier

NASHVILLE — Nissan Motor Co. will announce a U.S. battery supplier for its next-generation electric vehicles "in a few weeks," the automaker's Americas chief Jeremie Papin said at the Automotive News Congress here Wednesday. This year,…

Stellantis sees India as profitable market

"Being profitable in India is possible if you do things the India way," Tavares said on Tuesday. He said this includes sourcing parts locally and vertically integrating the supply chain to keep costs low, and engineering cars locally with…