Thu, December 19, 2024

by: Yahoo Finance

Michigan's unemployment rate rises in November after automotive industry job cuts

Recent layoffs across Michigan's automotive industry contributed to the state's unemployment rate rising to 4.8% in November, up from 4.6% in October.

by: The Financial Express

After Dubai, FedEx explores setting up regional 'Air Hub' in India

FedEx also announced its partnership as the principal sponsor and official logistics partner for IPL franchise Chennai Super Kings (CSK) in India and Johannesburg Super Kings (JSK) in South Africa.

by: ABC

EPA allows California to ban gas-powered new car sales by 2035

California has been given the green light by the U.S. Environmental Protection Agency (EPA) to ban the sale of new gas-powered cars and light trucks by 2035.

by: TechCrunch

Waymo fills the Cruise void overseas and a salute to an icon

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. This will be the last newsletter of 2024!

by: The Business Journals

These companies closed or moved their headquarters away from KC in 2024

Signature Psychiatric Hospital: It closed two operations, one at North Kansas City Hospital and one at Liberty Hospital. The move laid off all Signature employees affiliated with the facilities: 124 full-time and 30 part-time workers. It also ended the company's presence in Kansas City.

by: Transport Topics

Trucking Grapples With Economy, Lawsuits, EV Rules in 2024

In 2024, trucking navigated infrastructure investments and lingering economic challenges. Pressing concerns were truck parking shortages, legal battles and nuclear jury verdicts.

by: JEC Composites

CAMX 2024 Part 2: Cross-industry innovations and sustainability in focus

The Advanced technologies lab for aerospace systems at Wichita State University's National Institute for Aviation Research (NIAR-ATLAS) has been rewarded with the CAMX Unsurpassed Innovation Award. Their high-rate hybrid injection over-moulding of thermoplastic aircraft window cover meant for passenger-to-cargo haulers conversion is a proof of low-cost automotive high-rate production

by: MSN

M5, A38 and M4: Worst times to travel during Christmas getaway this weekend

Traffic experts are warning to expect major delays this weekend and have shared the worst time to travel. British automotive service RAC has revealed that an estimated 29.3 million journeys are expected to be made by drivers in the lead-up to Christmas.
Wed, December 18, 2024

by: Recycling Today

ABTC awarded $144M DOE grant

The funds will aid in the construction of the company's second lithium-ion battery recycling facility.

by: wallpaper

The Rolls-Royce Ghost Series II glides into the DMs of the world's 1 per cent

The Series II version of the 'Baby Rolls' has slight but sophisticated revisions to keep this hefty saloon in the targets of an increasingly idiosyncratic and individualist buyer

by: The New York Times

E.P.A. Allows California to Ban Sales of New Gas-Powered Cars by 2035

The Trump administration is expected to revoke the program, setting up a legal clash between the state and federal government.

by: Yahoo

Salvation Army Christmas Bureau brings joy to thousands in Syracuse

Volunteers worked together to make sure this process was smooth for attendees by providing transportation through Centro. "I've seen lots of suffering. And one way to alleviate that suffering is to do something practical, right? I can't give ...

by: ConsumerAffairs

Worst states for winter driving

Alaska, Wyoming and Montana are the three most dangerous states for winter driving. The deadliest city in each of these states has under 10,000 residents, reflecting higher rural crash rates. From 2020 to 2022, every state except Hawaii (and Washington, D.C.) reported at least one winter-related traffic death.

by: TEC

SCM and Retail Trends in 2025

Discover 2025's defining SCM and retail trends, including tariffs, compliance, AI, and automation. Learn strategies to tackle challenges and adapt to change.

by: Business Insider

Why Trump's looming battle with California over EVs will affect the entire auto industry

President-elect Donald Trump has promised to block California's EV mandate, setting up a high-stakes fight over the future of the auto industry.

by: Cars

10 Biggest News Stories of the Week: Ram 1500 Bests Subaru Outback, Toyota Crown Signia

by: Impacts

How Cutting-Edge Tech is Changing the Automotive and Aerospace Industries

Introduction The worlds of tech, AI, and cryptocurrency are constantly reshaping industries we once thought were stagnant. But what if I told you that even automotive and aerospace industries are being revolutionized by innovations you wouldn't expect?

by: Wise County Messenger

Northwest slated to expand CTE opportunities

by: MSN

Why Norfolk Southern (NSC) Is One of the Best Freight Stocks to Buy Now?

We recently published a list of 11 Best Freight Stocks To Buy Now. In this article, we are going to look at where Norfolk Southern Corporation (NYSE:NSC) stands against other best freight stocks to buy now.

by: Detroit News

Biden administration grants key waiver for California auto rules, EV mandate

The move has national implications, but legal and administrative challenges from the incoming Trump administration and industry groups loom.

by: Automotive Fleet

Top 10 Sustainability Stories From 2024

From navigating the pros and cons of clean fleet technologies to minimizing risk when sending electric vehicles (EVs) home to charge, Automotive Fleet covered various timely topics this year. Check out our top sustainability stories of 2024. Take a look at ...

by: Transport Topics

Fleets' Fuel Efficiency Rose in 2023, 2022: NACFE Study

Based on data from some of the North American freight industry's largest carriers, fleet-wide fuel efficiency averaged 7.77 miles per gallon in 2023, compared with 7.62 mpg in 2022.

by: NBC Chicago

Here's what a blockbuster Nissan-Honda merger could mean for the auto industry

Top Japanese carmakers Nissan Motor and Honda Motor are understood to be exploring a blockbuster merger, as the two rival companies seek to stay competitive on the road to full electrification. It is thought the prospective tie-up could create the world ...

by: Nature

How car and battery companies can work around US trade tariffs and rules

The United States is expected to escalate restrictions on imports of these technologies from China to protect its automotive industry. But Trump's policy aims go further. The proposed repeal of the 2022 Inflation Reduction Act (IRA) and the potential ...

by: International Business Times

Tech Takes The Wheel: AutoTech Innovators To Watch At CES 2025

As we look to CES 2025, several AutoTech innovators are set to unveil cutting-edge technologies that promise to enhance mobility and redefine the driving experience.

by: GlobeSt.com

Auto Sector Cap Rates Rise as Investment Declines

Some of the typical cap rates by automotive companies are 5.34% for AutoZone; 6.57% for Advance Auto Parts; 6.07% for O'Reilly's Auto Parts; 6.11% for Jiffy Lube; 6.02% for Take 5 Oil; and 5.68% for Valvoline.

by: National Observer

Is Canada's EV dream running out of charge?

It all looked so promising. Global auto giants and battery-makers lining up to build multi-billion-dollar factories. A growing market for made-in-Canada electric vehicles. Climate action on one of the most polluting industries in the country.

by: AM-online

Rising costs and Chinese competition imperil Europe's car manufacturing

Europe's car manufacturers are facing mounting concerns about their long-term viability as they grapple with rising car prices and intensifying competition, according to a report from Jato Dynamics.

by: DriveSpark

Bharat Mobility Global Expo 2025: Key Highlights & Schedule

Discover the Bharat Mobility Global Expo 2025, showcasing innovations in transportation from January 17 to 22 in Delhi. Join industry leaders and explore advancements.

by: Reuters

Stellantis Italian plants to increase output from 2026, Europe's chief says

All Stellantis Italian production sites will remain active and will increase output from 2026 thanks to new models being introduced, Jean-Philippe Imparato, the chief of the carmaker's European operations,

by: Forbes

U.S. Auto Industry At Competitive Risk Asserts Blunt Report From Execs

The auto industry is at risk from an assortment of technical, political and philosophic challenges, asserts a "white paper" from a conference of top auto execs.
Tue, December 17, 2024

by: Detroit News

Why it's impossible to make a car without China, regardless of tariffs

Beyond China's global dominance in electric vehicle batteries, the auto industry relies on it for other key parts up and down the supply chain.

by: The New York Times

Honda and Nissan Are in Talks to Deepen Ties and Possibly Merge

The automakers, Japan's second- and third-largest, are said to be discussing a tie-up that could reshape the country's industry.

by: USA Today

Consumers shift to smaller, cheaper vehicles in 2024 as affordability reshapes auto market

Consumers have spoken this year, and the message to automakers has been clear: "Those with a strong, affordable portfolio probably had the best (sales) year this year," said Charlie Chesbrough, senior economist at Cox Automotive. In its final forecast for ...

by: Investopedia

Four Market Trends to Track if You're Thinking About Buying a Car in 2025

Market trends have lately been shifting in drivers' favor, according to Cox Automotive, a software firm serving the auto industry, and that momentum is expected to carry into next year.

by: CCJ

5 ways AI-powered demand forecasting is changing the future of logistics

Discover how AI-powered solutions are transforming the vehicle logistics industry. Learn about the benefits of predictive analytics, real-time adjustments, and optimized inventory management.

by: U.S. News & World Report

Why Is Tech Giant SoftBank Investing Over $100 Billion in the US?

Royalties and licensing related to its holdings in the UK-based computer chip-designing company Arm, whose business spans smartphones, data centers, networking equipment, automotive ... affecting every industry, from transportation and pharmaceuticals ...

by: Arab Times

Alghanim Industries and BYD Unveil Landmark Showroom in Kuwait

Alghanim Industries, (Kutayba Alghanim Group), one of the largest privately-owned companies in the MENA region, celebrated the grand

by: After Market News

AMN Year in Review: Top Manufacturing News of 2024

AAPEX 2024 may have come and gone, but there's still much to learn from the automotive aftermarket's busiest week. AAPEX offers a unique opportunity to connect with the industry's best and brightest, share a drink with colleagues at the welcome reception, and discuss where the aftermarket is headed.

by: Seeking Alpha

Tesla: Rapid Growth Is Priced In (Rating Downgrade)

Tesla's automotive business, despite growth, doesn't support the current market price; even optimistic scenarios value it below $250/share. Click for this TSLA stock update.

by: MSN

What's Next for Cars? 14 Innovations Coming In 2025 and Beyond

I remember when I first got a car with electric windows. What a game-changer! But now, that tech is exceedingly basic compared with emerging car features, like advanced driver assistance, AI maintenance,

by: Forbes

U.S. Auto Industry At Risk Asserts Blunt Report From Exec Conference

The auto industry is at risk from an assortment of technical, political and philosophic challenges, asserts a "white paper" from a conference of top auto execs.

by: crainsgrandrapids

Auto suppliers seek shreds of certainty in 2025 amid policy, consumer disruptions

In a transitioning automotive industry beset with uncertainty caused by shifting policies and consumer preference, industry observers say suppliers could potentially see a longer runway for internal combustion parts.

by: AM-online

Sytner Group's Bradford Audi dealership to close after 15 years

Sytner Group's Audi showroom on Canal Road, Bradford, has confirmed it has closed for business. A notice on the dealership's webpage reads "We regret to inform you that Bradford Audi has permanently closed. Please find our alternative dealerships below."

by: kr-asia

Can newcomer Cavan Auto's zero-carbon vision disrupt the NEV market?

With sustainability and purpose-built platforms at its core, Cavan Auto aims to reshape the commercial vehicle landscape with a green ecosystem approach.

by: Yahoo

The Weekly Tender: Truckload market surging

As we approach the final days before Christmas, it's becoming evident that the truckload market has experienced a peak season stronger than those of the past two years. The post The Weekly Tender: Truckload market surging appeared first on.

by: DriveSpark

Bharat Mobility Global Expo 2025 Participant Details: Luxury Car Makers To Startups

With a focus on both traditional and electric vehicles, the expo promises to offer a glimpse into the future of mobility in India. Among the heavyweight participants are Maruti Suzuki, Mahindra, Tata Motors, and Hyundai Motor, with luxury carmakers like Mercedes, BMW, and Porsche also confirming their attendance.

by: Reuters

Focus: Europe's carmakers discount EVs, hike petrol car prices as new emissions rules loom

European automakers are raising prices of petrol cars and readying discounts on electric vehicles as they brace for yet another challenge - tougher emissions rules that threaten to further shrink profits across the struggling industry.

Alghanim Industries and BYD Unveil Landmark Showroom in Kuwait

Alghanim Industries, (Kutayba Alghanim Group), one of the largest privately-owned companies in the MENA region, celebrated the grand

Alghanim Industries, in collaboration with BYD, a leading Chinese electric vehicle manufacturer, has launched a new state-of-the-art showroom in Kuwait, marking a significant step in promoting sustainable transportation in the region. The showroom, located in Al Rai, was inaugurated with a grand opening event attended by key figures from both companies, including Mohammed Nawaf AlKharafi, Vice Chairman and CEO of Alghanim Industries, and Michael Shu, General Manager of BYD Middle East and Africa. This partnership aims to introduce BYD's innovative electric vehicles to the Kuwaiti market, offering models like the BYD HAN, TANG, and ATTO 3, which are known for their advanced technology, performance, and environmental benefits. The showroom not only serves as a sales point but also as an educational hub to inform customers about the advantages of electric vehicles, aligning with Kuwait's Vision 2035 for sustainable development.

Read the Full Arab Times Article at:
https://www.arabtimesonline.com/news/alghanim-industries-and-byd-unveil-landmark-showroom-in-kuwait/