Page 44 - Auto Makers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

President Joe Biden went to Chicago on June 28 to give a landmark speech on “Bidenomics, ” only to learn in private during the trip about a soon-to-close auto factory, news that was a challenge to his vision for the country. The prospect of a shuttered Stellantis plant in the small city of Belvidere became an immediate priority for Biden. The president wanted to show that his policies could deliver for workers, rather than repeat the decades of factory closures that had gutted parts of the Midwest and fed into a deep political divide.

French EV Subsidies: "If there are vehicles produced in Asia which are very light, which are relatively virtuous, perhaps they could remain eligible (for the subsidies), we think that there are at least a few of them, however it will clearly not be the majority," the source said last month.

Ten of the 13 major sectoral indices gained, with high weightage in financials and Information Technology adding 0.5 per cent and 1 per cent, respectively, , stock market, nifty, sensex, trading, Intraday, investment, it stocks, fmcg stocks, auto makers

Quebec Government: Quebec is leveraging its rich critical mineral resources and an EV supply chain that it has put in place to attract companies to the province. The move is aimed at helping automakers to diversify their supply chains and increase their reliance on reliable partners like Canada, Investissement Quebec CEO Guy LeBlanc said on Thursday.

The Big Three automakers are responding to leaked text messages from the UAW to The Detroit News that said the union wants to cause "operational chaos" for the companies.