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Automotive Industry
News covering the Automotive Industry at large.508 articles in this category
By William Maley, in Automotive Industry,
Its Not That Gen Y isn't Interested In Cars, They Just Can't Afford Them Right Now
By William Maley, in Automotive Industry,
BYD Announces Plans For The U.S. We're Wondering If They Will.
By William Maley, in Automotive Industry,
Complained about infotainment systems in cars? A new alliance hopes to change that.
By G. David Felt, in Automotive Industry,
It would seem the other shoe has dropped and the Japan auto companies which consumers have always said built bullet proof auto's are now on the receiving end of millions of recalls for poor quality parts. Check out how many auto's affect which manufactures.
By William Maley, in Automotive Industry,
Audi becomes the first automaker to get a license to operate autonomous vehicles in Nevada.
By G. David Felt, in Automotive Industry,
Lithium ion battery maker A123 Systems today said it has sold its automotive business to Johnson Controls and is filing for bankruptcy protection.
The moves are a change in strategy for the ailing Waltham, MA-based company, which in August said it will sell an 80 percent share to the auto parts division of Chinese conglomerate Wanxiang for $450 million.
Johnson Controls will acquire a significant set of assets for its $125 million investment, some of which were paid with federal aid. A123 Systems’ auto business includes its technology, two battery factories in Michigan, a cathode powder manufacturing facility in China, and A123’s stake in two auto parts suppliers in China. Johnson Controls also will put up $72.5 million so A123 can maintain operations during the sale.
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