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GEORGIA AUTO MANUFACTURING
Audi may boost size of new US auto plant by $3 billion, add 3,000 jobsAudi's plans to construct a $4 billion assembly plant in Macon, Georgia, are underway, aiming to produce 200,000 SUVs each year. This ventu...
US Midterms 2026: Audi’s $4.2 billion bet gives Trump tariff ammo in battleground GeorgiaTrump is defending his tariff policy ahead of the US midterms, touting Volkswagen’s $4.2 billion investment in Audi’s first US plant in Geo...
How Trump's war on EVs derailed America's auto-factory revival | ExplainedUS electric vehicle projects and jobs face setbacks due to policy shifts. Automakers canceled billions in investments and thousands of jobs...
Global Earnings | Hyundai Motor reports 21% drop in Q2 profit, misses forecastsHyundai Motor reported a significant profit drop in the second quarter. Weaker vehicle sales and production disruptions impacted the compan...
Hyundai factory raid in Georgia leads to detention of hundreds of South Korean engineersA raid at a Hyundai factory in Georgia led to the detainment of hundreds of workers, including many South Korean engineers and technicians ...
South Korea to fly detained workers back as US vows more raids on employersFollowing a raid at a Hyundai plant in Georgia, South Korea is retrieving its workers. Negotiations for the release of about 300 detained S...
Is Elon Musk tearing down the agency that helped build Tesla? DOGE targets the Department of EnergyFifteen years ago, a US Department of Energy loan of $465 million rescued Elon Musk's struggling Tesla, enabling factory acquisition and Mo...
US to award $1.7 billion to retool auto plants for EVsEnergy Secretary Jennifer Granholm told reporters the awards were a "hallmark of the Biden administration's industrial strategy" and would ...
How trade unions are putting Joe Biden in tough spot ahead of electionsThe Biden administration is so shaken by the strike that the president has decided to join the picketing line to show support for the strik...
Hyundai, LG announce $4.3-billion plant in Georgia to build batteries for electric vehiclesThe Hyundai-LG plant is supposed to be able to supply batteries for 300,000 electric vehicles per year, which is the initial projected prod...
Biden highlights Hyundai announcement of $10B US investmentThe major U.S. investment by a South Korean company is a reflection of how the U.S. and South Korea are leveraging their longstanding milit...
Hyundai Motor Group plans to invest $16.5 bln in South Korea EV businessThe 1.44 million units of EV production volume in South Korea would account for about 45% of a combined global EV production capacity of 3....
South Korean battery makers agree $1.8 billion settlementThe settlement after marathon talks by affiliates of two of South Korea's biggest conglomerates was announced just hours before a Sunday ni...
The inside story of Kia Motors' smooth drive into India's competitive auto marketThe good tidings at the beginning have endured for Kia, which is having something of a dream run in India’s auto market, which such giants ...
Are electric cars ready to stand on their own?The Tesla exception shows what happens when an electric car reaches parity with fuel-burning competitors in both price and function.
John Kerry praises Tata for creating jobs in USUS Secretary of State John Kerry has praised Indian automobile giant 'Tata' for creating thousands of jobs in the United States.
- Carmakers plan to hire 25,000 workers by 2015; Toyota to recruit 4,000 in Q4
Toyota Motor's Mississippi plant opens this month to build the Corollas that the Japanese automaker needs to get its US sales growing.
- Kia Motors says Q1 profit quadruples, sales rise
Kia Motors said net profit quadrupled in the first quarter on stronger sales and equity gains from affiliated companies.
- Initial US jobless claims drop unexpectedly
The tally of newly laid-off people requesting jobless benefits fell last week, the government said Thursday, a sign that companies are cutt...
- Hyundai may manufacture small cars at Kia's US plant
Hyundai Motor has said it may manufacture small cars at a plant being built in the United States by its affiliate Kia Motors.