In a recent development from Ford, the automaker has announced a delay in the production rollout of its highly anticipated electric pickup …
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Tag:
automotive industry
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Business
Rivian Halts $5 Billion EV Factory Construction in Georgia Amid Market Shift
by Sonia Parkby Sonia ParkRivian, the electric vehicle (EV) manufacturer, has announced a temporary pause in the construction of its planned $5 billion factory in Georgia. …
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Business
Volkswagen Takes Proactive Measures: Extensive Recall Ensures Vehicle Safety Amid Fire Risk Concerns
by Sonia Parkby Sonia ParkIn a bid to uphold its commitment to consumer safety, Volkswagen has initiated a recall affecting 260,000 vehicles in the United States, …
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Business
Ford Slashes Prices on Mustang Mach-E After Federal Tax Credit Loss
by Sonia Parkby Sonia ParkFord has implemented significant price reductions on its all-electric Mustang Mach-E models following the vehicle’s disqualification from the federal government’s tax credit …
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Business
Federal Grant Boosts GlobalFoundries with $11.5 Billion for New Semiconductor Facility in NY
by Sonia Parkby Sonia ParkIn a significant move to fortify America’s semiconductor industry, the federal government is awarding chip manufacturer GlobalFoundries a staggering $11.5 billion. The …
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Business
Ford CEO Announces Comprehensive Review of Future Production Strategy in the Wake of UAW Strike
by Sonia Parkby Sonia ParkIn a move reflective of the dynamic challenges facing the automotive industry, Ford Motor Company’s CEO, Jim Farley, has declared a significant …
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Business
GM’s North America Records $12B Profits, Employee Profit Sharing Surges
by Sonia Parkby Sonia ParkGM’s North American Triumph: Record-Breaking Profits of Over $12 Billion, Employee Profit Sharing Soars! In a resounding financial victory, General Motors (GM) …
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Politics
Trump-UAW Feud Escalates as Union Backs Biden: Former President Slams Endorsement
by Sonia Parkby Sonia ParkIn a growing rift, former President Donald Trump is intensifying his criticism of the United Auto Workers (UAW) union, spurred by the …
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Business
Strong Start: Ford Reports Over 4% Sales Increase in January, Led by Maverick Pickup
by Sonia Parkby Sonia ParkFord Motor Company has kicked off the year on a positive note, reporting a sales increase of over four percent in January. …
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Business
Rep. Gottheimer Advocates for AM Radio in Electric Vehicles, Calls for Safety Warnings
by Sonia Parkby Sonia ParkNew Jersey Congressman Josh Gottheimer is intensifying his campaign to ensure the inclusion of AM radio in electric vehicles (EVs). At a …