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Watch now: Illinois' Rivian electric trucks arrive before Detroit 3's models

Watch now: Illinois' Rivian electric trucks arrive before Detroit 3's models
herald-review.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from herald-review.com Daily Mail and Mail on Sunday newspapers.

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Foley Weekly Automotive Report - May 2021 | Foley & Lardner LLP

This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key Developments - . ....

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Automotive Industry: Semiconductor Shortage & EV Tax Incentives & other news

Tuesday, May 4, 2021
This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities.
Key Developments
U.S. new light-vehicle sales in April predict a
In an earnings call last week,
Ford warned of a potential volume loss approaching
1.1 million vehicles for the full year’s planned production due to the ongoing global semiconductor shortage.
Due to the semiconductor shortage,
GM announced additional downtime for
five North American plants; Volkswagen’s Mexico unit will stop production for certain vehicles in Puebla this month, and
Nissan announced several days of downtime in May for its North American plants. ....

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General Motors Company (NYSE:GM) - GM Sparks Backlash Over $1B Plan For Electric Vehicle Production In Mexico

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General Motors (NYSE: GM) has generated an angry response in its hometown of Detroit to its $1-billion plan to build electric vehicles in Mexico.
¡Ay, Caramba! The company did not announce the news through its English-language communications channels, but instead dropped word via a Spanish-language press release from its Mexican subsidiary.
The electric vehicles will be built at GM’s Ramos Arizpe production complex. The company plans to begin producing batteries and components for the electric vehicles later this year, with full vehicle production slated to start in 2023.
No Muy Bueno: Closer to GM headquarters, reaction to the news was unpleasant. ....

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GM Mexico's $1 billion EV investment called 'slap in the face' by UAW

A day after President Biden extolled the need for U.S. workers to build a zero-emissions future, GM Mexico said the company is investing $1 billion in a Mexican plant. ....

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