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Automakers may fall short of their targets for electric vehicles, an auto industry forecaster said .
New global research commissioned by ABB Robotics and Automotive Manufacturing Solutions, revealed that more than half (59 percent) of respondents believe the shift to pure electric vehicle production is not achievable within current legislative timelines.
Ford Motor Co. reported that fourth-quarter profit plunged.
Heavy-equipment maker Caterpillar Inc. said today its quarterly profit declined on costs related to foreign currency.
The first time the UAW has struck against Stellantis, Ford, and General Motors at once, UAW officials say the strike is starting small with the potential to grow.
UAW members' overwhelming strike authorization vote at General Motors, Ford, and Stellantis reflects growing discontent and demands for equitable benefits amidst record profits, potentially reshaping the landscape of the auto industry.
The Faurecia-Hella merger has birthed Forvia, a forward-looking automotive powerhouse pioneering electrification, energy management, sustainable materials, and cutting-edge cockpit and lighting innovations.
Hitachi Astemo aims to expand its capabilities in sustainable products, focusing on electric vehicle and advanced driver assist systems.
Stratasys revolutionizes motorsports with high-performance 3D-printed parts for racing cars.
