Automobile manufacturing
Why traffic can’t be solved with just adding more highway lanes
Traffic and congestion have been worsening in American cities for decades. The average American driver lost 51 hours and $869 in valued time by sitting in traffic in 2022, a 54% jump from the previous year, according to a report by INRIX, a global traffic tracker. In 2019, before the pandemic, traffic snarls cost the […]
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Auto loan delinquencies are rising. Here’s what to do if you’re struggling with payments
Fotostorm | E+ | Getty Images For a rising share of car owners, monthly auto loan payments appear to be evolving into a problem. While borrowers who are behind on their payments by more than 60 days represent a tiny portion of all outstanding auto loans — 1.84% — their ranks are growing, according to […]
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Vietnam EV maker VinFast delays U.S. motor vehicle deliveries until eventually late February
The VF-8 electrical motor vehicle from VinFast, a Vietnamese automaker manufacturing electrical vehicles and SUV’s, is on exhibit at their showroom in Santa Monica, California, on July 18, 2022. Frederic J. Brown | AFP | Getty Photographs Vietnam’s electric automaker VinFast reported on Friday it will hold off deliveries to its initially consumers in the […]
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How disrupting the utilized car current market caused Carvana to thrive and stumble
Carvana is a made use of auto retailer that lets buyers uncover, tour, acquire and finance motor vehicles completely online. The business then provides the automobiles straight to a customer’s house or makes it possible for them to select up their buy from one particular of Carvana’s 33 absolutely-automated automobile vending devices. It’s a business […]
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How a person GM automobile plant’s UAW union workforce is discovering to make EVs
UAW Neighborhood 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV for the duration of vehicle creation on Thursday, May possibly 6, 2021, at the Common Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet In 2015, Marland “Lanny” Brown acquired how to construct an all-electric powered motor vehicle. A member of […]
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Chip-making nations like the U.S. are teaming up in opposition to China
ShareShare Article through FacebookShare Write-up through TwitterShare Report by way of LinkedInShare Short article by way of E mail Semiconductors are 1 of the most crucial systems of our time and a make any difference of countrywide security. The U.S. alongside with South Korea, Japan and other people have looked to type alliances about chips, […]
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How electric vehicle manufacturing could shrink the Midwestern job market
The race to build electric vehicles in the U.S. is heating up as fresh rounds of investment come out of Washington. Workers at the former heart of the auto industry fear being left behind. “When we look carefully at what goes on on the factory floor, it won’t be less workers,” Keith Cooley, former head […]
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Car shopping over Labor Day weekend? Here’s what to expect for both new and used car prices
Newsday Llc | Newsday | Getty Images In pre-pandemic years, Labor Day sales events offered generous discounts on new cars as dealerships aimed to clear out current-year models and start selling the next year’s versions. These days? Not so much. The average new-car discount offered by manufacturers is down an estimated 47.1% from a year […]
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Despite concerns, ESG strategies may become a crowded trade for impact investors – so Vanguard is taking a different track
It’s a fund looking to make money from green investing. The inclusive, actively managed Vanguard Baillie Gifford Global Positive Impact Stock Fund (VBPIX) is an environmental, social and governance product that bundles companies with positive, inclusive and sustainable intentions. “It’s really a fund that’s going to be investing in global equities looking to deliver long-term […]
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BMW opens $2.2 billion EV plant in China as it ramps up challenge to Tesla, domestic players
German automaker BMW is ramping up production of electric vehicles in China as it looks to catch up with leaders Tesla and domestic rivals like BYD. The new plant in Shenyang is BMW’s third in China and brings its annual production capacity in the country to 830,000 cars. Anadolu Agency | Getty Images BMW has […]
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