automotive industry

Most automakers rely on "just-in-time" manufacturing to optimize production. That model requires precise coordination throughout every link in the global supply chain. And that's where AIT Worldwide Logistics comes in. AIT's automotive logistics professionals are the experts at developing resilient...

Marvell Technology’s (NASDAQ: MRVL) CEO Matt Murphy appeared on CNBC’s “Mad Money” on Tuesday and said he was optimistic about a recovery in the automotive market. What Happened Pointing at China as a source for his positive stance on the automotive market, Murphy said,...

Technology has been evolving faster and faster during the last decade. And probably it will never be as slow as it is today. And that technology development is also boosting electric vehicles, autonomous driving, fast connectivity, artificial intelligence, and similar. The faster it evolves, the...

Coronavirus is now starting to seriously affect the global automotive industry. Countries and companies around the world are trying to contain the outbreak in any way they can. Infected people are getting required medical treatments, while the ones who have been in contact with them are...

General Motors Company (NYSE: GM) halted operations at two maquiladoras (factories) located in the Mexican city of Piedras Negras, a consequence of the ongoing strike by 49,000 autoworkers in Detroit. The two maquiladoras – known as the Lear and EKM maquiladoras – assemble components used in the...

Is Mexico becoming the world's factory floor when it comes to auto production? A recent Benzinga article examined the growing tide of investment by global automakers in Mexico as the major companies break ground on new factories or bulk up current production facilities. The International...

Elon Musk, tech revolutionary, business visionary and CEO of Tesla Motors Inc (NASDAQ: TSLA), is hardly a shrinking flower when it comes to forecasting his company's future plans. Recent claims he made in Tokyo while delivering Japan's first Tesla Model S sedans, however, have been...

Conflicting signals have come from Tesla Motors Inc (NASDAQ: TSLA) and Toyota Motor Corp (ADR) (NYSE: TM) this week about the two automakers' present and future relationship. Both companies have expressed admiration for each other. Toyota has also been purchasing some electric car...

Raging competition for new middle class drivers in several rapidly emerging economies has led to some governmental push-back in recent weeks. First China In mid-August, China, the world's largest auto market, announced it was fining Audi -– a unit of Volkswagen AG (ADR) (OTC: VLKAY...

Google Inc’s (NASDAQ: GOOG), (NASDAQ: GOOGL) driverless car creates the feeling that anything's possible. Last spring, Google announced that it is “mastering city street driving,” an effort toward building a future in which cars can drive themselves in any set of conditions...

German automaker Daimler AG (USA) (OTC: DDAIY) entered the pick-up and ride-sharing industry controversy last week by announcing it had bought two smartphone applications. The company announced its moovel GmbH subsidiary has acquired mytaxi, an app that books taxis, along with Texas-based...

There are more signs 2014 may be turning into a vintage year for car sales and perhaps one of the best years in a while. J.D. Power forecast new vehicle sales in August to come in close to $39 billion. That record consumer spending, according to senior vice president John Humphrey has been...

Is there a risk of a subprime auto lending “bubble”? The New York Times raised that question in July, in a lengthy investigative article on its DealBook page. According to the article, the number of used-car auto loans -– mostly to people with bad or no credit -– has...

The historic round of vehicle recalls this year by General Motors (NYSE: GM), as well as similar events at Ford (NYSE: F) and Chrysler –- a division of Fiat (OTC: FIATY) -– don't appear to have negatively impacted the public's growing demand for new cars. But all those...

Remember when some experts said the Internet was a passing fad? Like it or not, 3D printing technology, seen by some as simply a trend, is apparently here to stay. Some sectors, like the plastics industries, are already jumping into 3D printing research and development with both feet. It...