08 Feb, 2025

Volkswagen’s Scout model to take a position $11M in Detroit

Volkswagen’s Scout Motors Inc. plans to take a position $11 million in Detroit. Scout goals to construct a brand new Analysis and Improvement (R&D) Middle in suburban Detroit, which is predicted to create 200 jobs within the space.  Jobs at Scout’s Detroit heart are anticipated to pay a mean wage of $3,714 per week plus […]

2 mins read

Lexus model will lead Toyota on Tesla’s Gigacasting strategies

Toyota luxurious model Lexus will lead the Japanese automaker into using Tesla’s Gigacasting strategies, after a handful of corporations have introduced plans this 12 months to put money into transitioning to the know-how for future electrical car (EV) manufacturing. Toyota mentioned it will undertake Gigacasting manufacturing strategies earlier this 12 months, and Lexus President Takashi […]

2 mins read

Volkswagen model is ‘not aggressive’ because it faces job cuts

German automaker Volkswagen is airing warning indicators amidst excessive prices and low productiveness at its automobile crops, which one government says has made the corporate’s primary model fall behind the competitors. On Monday, Volkswagen Group introduced plans for a $10 billion euro (~$10.9 billion) cost-cutting measure on the VW model, together with job cuts, in […]

2 mins read

Tesla boasts high model loyalty charge in 1H23: S&P International Mobility

Tesla led all automakers in model loyalty within the first half of 2023, as per an evaluation of recent car registration knowledge by S&P International Mobility. The electrical car maker’s loyalty charge was listed at 68.4%, which was notably greater than the business common of fifty.6%. S&P International Mobility famous that Tesla’s complete car lineup […]

2 mins read

Toyota slips in model loyalty, and it’s partly attributable to Tesla

S&P World Mobility’s 2023 loyalty rating of mainstream automotive manufacturers confirmed one thing very fascinating. In the course of the first 4 months of the yr, Toyota noticed a notable decline in its rankings, and a part of it’s possible attributable to electrical automobile maker Tesla.  The rankings confirmed that Ford and Chevrolet nonetheless noticed […]

3 mins read

Tesla continues to dominate business in model loyalty

A brand new report from banking and investing large Citi has discovered that Tesla now leads the automotive business in model loyalty by a large margin. With an rising quantity of competitors inside the automotive phase, notably inside the market of electrical autos, a loyal following is proving to be extra vital than ever. Fortunately, […]

2 mins read