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China auto parts makers join offshore factory push

Chinese car parts makers are facing growing pressure from overseas customers to set up factories outside the country as mounting trade tensions and three years of COVID lockdowns make them wary of relying too heavily on China. Carmakers…

GM leads $50M funding round in EnergyX

General Motors' venture capital arm will lead a $50 million Series B funding round into Energy Exploration Technologies Inc., known as EnergyX, a startup that specializes in lithium extraction technology, the companies said Tuesday.GM…

Analysts: Ontario Audi plant is possible

With the new cell plant in St. Thomas locked in, Ontario’s prospects for the added Audi investment are better than they were before, but there is no guarantee, said Michael Robinet, executive director of automotive advisory services at…

New auto tech: Really big vehicle castings

hat started as a curious new metal-casting technology inside a Tesla plant is on the verge of being a hot industry trend. Megacasting, which uses larger-than-normal factory presses to create enormous individual auto pieces, is now…

100 Years of MG: A Timeline

The automaker called MG today bears no resemblance to the original sports car company founded in Oxford, England, 100 years ago. MG’s transformation might be the most radical in automotive history. MG is no longer British. It’s a Chinese…

China’s HiPhi plans Europe entry in 2023

LONDON -- Chinese luxury electric-vehicle maker Human Horizons will launch its premium HiPhi brand in some European markets later this year as the company looks to expand overseas, the automaker’s co-founder, Mark Stanton, said. Stanton…

Geely: All options on the table on Volvo AB stake

"Anything is possible in the future," Oscarsson said. "For the time being we have no intention to change our position in the company." He didn't exclude Geely taking a more active ownership role such as requesting a board seat or joining…