Fed Cut Not Helping on Autos

Already strong demand is making sector loan rates actually rise. That could combine with falling supply, production to cut sales.

Toyota Production Hits New Record

Japanese automaker delivered 10.7 million cars in the last 12 months.

October Vehicle Output Up

Upward trend shows strong sign of recovery from pandemic-era downturn.

U.S. Cobalt Mine Opens to Feed EV Appetite

First such mine in the country for decades could be followed by others in Idaho region.

Tesla Output Expected to Grow Throughout 2023

Tesla plans to increase production of Model Y and Model 3 EVs in Q4 and keep growth going as newer factories in Austin and Berlin come online in 2023.

Toyota Output to Fall Short in October

Toyota Motor Corp. announced plans to produce 800,000 vehicles worldwide in October, 100,000 vehicles short of its average monthly production plan.

Over 100,000 Vehicles Cut from North American Production Schedules

Auto manufacturers cut over 100,000 vehicles from North American production schedules because of the global microchip shortage last week, reports AFS.

IHS Markit Predicts Production Highs in 2024

IHS Markit forecasts lows in light-vehicle sales and production will give way to increases ahead.

EV Startups Adopt New Approach to Manufacturing

EV companies, Arrival and Fisker, embark on paths designed to circumvent production challenges experienced by Tesla.

Ford to Keep N.A. Production Stable in Q3