24 x 7 World News
Browsing Category

auto

Strict COVID measures upend China auto output

Indeed Tesla only achieved its closed loop earlier this year because local officials helped coordinate with more than 100 suppliers, according to a person familiar with the situation. Provincial governments can vary in their power and…

VW halts production at China plant amid COVID wave

BERLIN – Volkswagen Group's plant in Chengdu, China has halted production due to the rise in coronavirus cases in the country and two production lines at its Changchun plant are also on hold, a VW spokesperson said. VW operates the Chengdu…

October vehicle production tips up about 15%

North American vehicle production rose 15 percent in October from a year earlier, chalking up a ninth straight month of year-on-year gains, according to the Automotive News Research & Data Center. The month brought an output of 1.32…

VinFast ships first EVs to the U.S.

The Inflation Reduction Act, as currently written, requires automakers to have 50 percent of critical minerals used in EV batteries come from North America or U.S. allies by 2024, rising to 80 percent by the end of 2026. Major automakers…

Continental names new CEO of North American unit

German auto supplier Continental AG has promoted Aruna Anand to CEO of the company's automotive group sector in North America as it aims to adapt to a changing industry. Anand, 49, takes over for Robert Lee, who left the company in May to…