But a large-scale industrial plant set to stand in the rolling fields of northern Indiana is now at a standstill, at least for the time being, as its partners General Motors and the battery manufacturer Samsung SDI temporarily halted the massive $3.5 billion project to produce EV batteries. Planned for the 680-acre New Carlisle, Indiana […]
Canada’s Auto Future on the Line in Ford-Unifor Negotiations
The start of contract negotiations between Ford of Canada and Unifor has taken on increased significance and attracted disproportionate attention, going far beyond the usual labour relations. Thus, yesterday, Unifor National President Lan Payne and Ford of Canada VP of Human Relations Meredith Keenan began their ceremonial proceedings at the downtown Toronto hotel. This meeting […]
A Look at the Embraer Phenom 300, America’s New Top Private Jet
The last 10+ years belonged to one series of jets in American private aviation, that of the Cessna Citation Excel family of aircraft. Famous for their speed, safety, and ease of operation, the Excel grew to become the most utilized business jet in the country and established itself as the preferred, dependable solution for corporations, […]
9 Unexpected Costs to Consider Before Buying an Electric Car
The emergence of electric vehicles (EVs) is not only a technological phenomenon but also the future of the transport sector, energy and the world economy. The fast movement towards EVs is changing the way we perceive driving, the consumption of fuel and even the independence of a country in terms of energy. As millions of […]
California’s Widening Insurance Crisis as Insurers Exit
If you likely had that knot in your stomach, as of lately, when you tried to purchase or renew homeowners insurance in California and the quote was much higher than you thought, or even more so, when the company replied with no thanks. It is not you alone but many other people are experiencing it […]
Detroit Automakers, Union to Negotiate Amid EV Pressures and Tariff Tensions
Detroit stands as the beating heart of the American automobile industry. As negotiations on new labor contracts loom, automakers and unions alike are grappling with the complexities of a transitioning industry. From the rise of electric cars to shifting trade norms, various factors are set to influence the outcome of these discussions. The negotiations are […]
Rivian’s Bold Gamble: Building the Best SUVs Money Can Buy
It seems the general public, as well as devoted EV buffs, are increasingly understanding Rivian is indeed doing something special within the rapidly evolving car scene. Tesla still garners more recognition with just about every driver on roads and byways across the country, yet Rivian is quietly forging its own trail through ruggedness, tech, luxury […]
Volkswagen Braces For Showdown Over Radical Restructuring Plan
Volkswagen on course for biggest boardroom showdown of recent times. The meeting of the executive board of Volkswagen next week could be the most crucial since before World War II as a radical overhaul is debated, which may see up to 100,000 jobs cut. In a boardroom meeting on 9 July, the German car-making giant’s […]
Snow Plow Damaged Your Car? Here Are Your Next Steps
Hearing the powerful grind of a snowplow can bring a sigh of relief when a fresh blanket of snow threatens to paralyze your day, keeping the roadways safe for commuters and deliveries even in the midst of a significant winter storm. But what happens when your personal vehicle or property sustains damage from one of […]
Subprime Auto Borrowers Face Scrutiny Amid Rising Defaults
Evidence of stress in the U.S. Auto loan market is starting to emerge, and these developments are increasingly difficult to brush aside. A sector previously perceived to be resilient and functioning smoothly due to credit availability is now experiencing fractures, with a particular focus on the subprime sector. An upward trend in consumer complaints, delinquency […]