Changes in automakers' lineups stemming from the uneven transition to electric vehicles will reduce factory utilization over the next decade. Underutilized plants through 2035 have "got me scared to ...
The electric vehicle maker used just 70% of its plant capacity last year – a level comparable to traditional auto rivals.
With the market for electric vehicles being cooler than expected, automakers are anticipating the need for combustion powertrains to stick around longer. Many manufacturers are instituting a "flexible ...
Nissan will start producing its compact SUV, the Kicks, at the Oppama plant in Kanagawa Prefecture in the second half of fiscal 2025 (October 2025 to March 2026), according to Nikkei. The decision ...
China didn’t include figures on utilization rates at power plants by source in its May monthly data series, following the previous month’s data that showed utilization at renewable energy generators ...
The Detroit 3 plants in Michigan run at just 44% of total capacity. Fain said Stellantis could return thousands of jobs to Warren Truck Assembly, the plant produces the Jeep Wagoneer, Wagoneer L and ...
Mitsubishi is in talks with Nissan about joint production in the U.S., possibly at the existing Canton, MS, Nissan plant. Nissan confirmed discussions with Mitsubishi but stated no final decisions ...
While smartphone and PC markets show signs of AI-driven recovery, the global automotive sector's weak outlook for 2025 is impacting major semiconductor manufacturers including TSMC, UMC, VIS, and GW.