Additional North American production capacity in 2016 from a new plant at Volkswagen and increases at existing facilities among other automakers will raise available straight-time production to 18.4 million units.
Trucks have become so popular that January marked the third consecutive month combined sales of CUVs, SUVs and pickups accounted for more than half the U.S. market, the first 3-month stretch that ever has happened.
The KMWU’s wage-hike demand is 252% higher than the 63,000-won monthly increase agreed upon in 2014, and it seeks bonuses 43% to 238% higher than the average 10.5 million won paid out last year....More
Automakers are investing heavily in lightweighting and new engine technology to improve fuel economy. But they could get a bigger bang for the buck simply by replacing batteries with supercapacitors in stop-start applications, Ioxus’ marketing chief says....More
It used to be no one got to see the new model before its big reveal. Now automakers are leaking early glimpses of future cars and trucks through spy photographers and other means. Is this a good thing?...More