Tag: Manufacturing

Stellantis Faces Canadian Backlash Over Jeep Compass Shift
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Stellantis Faces Canadian Backlash Over Jeep Compass Shift

The automotive industry's latest chapter unfolds with Stellantis finding itself in the crosshairs of a heated dispute with Canada over shifting production for its popular Jeep Compass model from Ontario to Michigan. As thousands of Brampton workers remain on furlough, tensions escalate as Mélanie Joly, Canada’s Industry Minister, insists that federal support was tied to maintaining jobs and investments.Key TakeawaysCanada serves a formal notice of default against Stellantis for breaching agreements.The move affects 3000 workers at Brampton's assembly plant, with production shifting to Michigan.Funding disputes center around $500 million federal contribution tied to job guarantees in Windsor and Brampton.Stellantis' decision came amid escalating tariffs from the U.S., prompting fears of ret...
Mitsubishi Eyes Joint US Production with Nissan and Honda Amid Tariffs
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Mitsubishi Eyes Joint US Production with Nissan and Honda Amid Tariffs

Mitsubishi Motors is exploring joint vehicle production in the United States with Nissan Motor and Honda Motor to mitigate tariffs, a move that could reshape its North American manufacturing strategy.Key TakeawaysMitsubishi's US market share was 10% last year compared to over 25% for Nissan and Honda combinedThe company is considering shared production facilities in the U.S. but hasn't finalized plans yet.Tariffs on imported vehicles have put pressure on Mitsubishi’s North American operations, leading it into a loss during April-September 2024.Mitsubishi Motors President and CEO Takao Kato announced that the company is examining options for joint manufacturing with Nissan Motor and Honda Motor to address tariff-related risks. The Japanese automaker currently imports all its vehicles from J...
UK Car Output Falls Sharply in October, JLR Recovery Underway
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UK Car Output Falls Sharply in October, JLR Recovery Underway

The UK car industry experienced a sharp decline in production last month, with output dropping by 23.8% in October compared to the same period last year, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). This significant dip is largely attributed to the aftermath of a cyber incident at Jaguar Land Rover (JLR), which led to a temporary halt in production.Key TakeawaysThe UK car output fell by 23.8% in October, reflecting post-cyber attack recovery efforts at JLR.Battery electric and hybrid vehicles made up nearly half of all cars produced, showing a growing shift towards cleaner technology.Government measures announced aim to boost competitiveness and support the industry's long-term goals.The latest figures paint a sobering picture for UK car manufactu...
GWM Aims for 300,000 Unit Plant in Europe to Compete with BYD
EV & Electric Cars, Industry & Business, News

GWM Aims for 300,000 Unit Plant in Europe to Compete with BYD

Great Wall Motor (GWM) is making significant strides towards establishing its first full-vehicle manufacturing plant in Europe, targeting an annual output of 300,000 units by 2029. The company’s international president, Parker Shi, revealed this ambitious plan during a recent interview, highlighting the strategic importance of selecting sites in Spain and Hungary based on factors such as labor costs and logistics efficiency.GWM’s decision to consider these locations is not just about immediate cost savings but also future-proofing against potential shifts in European Union industrial policies. The company aims to balance the initial reliance on imported critical components with a long-term vision of local supply chain integration, mirroring strategies employed by older automotive giants li...