How incentives revived Ontario
New multibillion dollar investment plans by the Detroit 3, combined with government incentives, show that Canada's global profile in the auto industry is on the rise......»»
GM"s Texas plant to get $500M for next full-size SUVs
Arlington follows investment announcements in Flint, Mich., and Oshawa, Ontario, to support the next generation of internal combustion full-size pickups built there......»»
GM to get renewably produced steel from ArcelorMittal
Material will be supplied from ArcelorMittal Dofasco in Hamilton, Ontario, and shipments are expected to begin in the second quarter of 2023......»»
Rising incentives, inventory propel May sales
May marked the industry's 10th consecutive monthly sales increase as an industrywide inventory recovery continued......»»
China poised to extend EV purchase tax break
China, the world's largest EV market, is expected to keep its tax incentives to maintain the momentum. The purchase tax break for new energy vehicles (NEV) will likely remain after the end of this year and benefit the whole supply chain......»»
Toyota ramps up BEV and battery investments in US
According to Toyota's statement, the company further expanded its investments in the US amid increasing demand for EVs and the Inflation Reduction Act (IRA) that mandates automakers to meet local sourcing requirements to be eligible for incentives......»»
Toyota snaps losing streak; Hyundai, Kia post double-digit gains in May
U.S. light-vehicle sales are forecast to rise 18-20 percent in May, as retail selection improves, consumer incentives rebound and automakers fill a backlog of fleet orders......»»
Hyundai, Kia post double-digit gains in May
U.S. light-vehicle sales are forecast to rise 18 to 20 percent in May, as retail selection improves, consumer incentives rebound and automakers fill a backlog of fleet orders......»»
Xiaomi will source bluetooth device from India-based Optiemus in made-in-India push
Xiaomi announced it would source its Bluetooth audio device to India-based EMS provider Optiemus, highlighting the emergence of India's local giants as India has been encouraging electronics manufacturing through incentives and rising import duties......»»
Tesla offering U.S. discounts of more than $1,300 on some Model 3 cars
Facing economic headwinds and mounting competition, Tesla this year aggressively cut vehicle prices in several regions and is resorting to the traditional automakers' tactic of offering incentives to clear inventory, analysts said......»»
Tesla offering discounts of over $1,300 on some U.S. Model 3 cars
Facing economic headwinds and mounting competition, Tesla this year has aggressively cut vehicle prices in several regions and is resorting to the traditional automakers' tactic of offering incentives to clear inventory, analysts said......»»
Canada offers more money to Stellantis for EV battery plant
The premier says that Ontario is putting more money on the table, though he wouldn't say how much, in order to protect jobs......»»
LG, Stellantis project hangs in balance as Canada politicians fight over money
Canada's industry minister says the Ontario government hasn't committed to paying its "fair share" to help advance negotiations with automaker Stellantis NV over an electric-vehicle battery plant......»»
Stellantis stops construction of Canada EV battery module plant over federal funds
Stellantis and LG Energy ceased some construction of its planned EV battery factory in Windsor, Ontario, as it continues to spar with the federal government over financial assistance......»»
Best 5G business internet: T-Mobile vs Verizon vs AT&T on price, speed, incentives
5G business internet competition in the US continues to ramp up and providers like T-Mobile and Verizon are offering some big incentives to attract customers. AT&T is in the game too but with a poor offering. Follow along for speed, pricing, and.....»»
Detroit 3 earnings show a mix of strength and uncertainty in the economy
The Detroit 3 had strong first-quarter results but face the potential for rising incentives, high commodity prices and more expensive UAW contracts......»»
Taiwan "CHIPS Act" enters countdown for finalization
The approval of Taiwan's government-led incentives, known as Taiwan's "CHIPS Act," for the local chipmaking sector has entered its final stage, according to official sources......»»
Study: Police murder of George Floyd associated with short-term spike in firearm assaults on US police officers
The police murder of George Floyd sparked nationwide protests in the summer of 2020 and revived claims that public outcry over such high-profile police killings perpetuates a violent "war on cops." In a new study, researchers assessed if and how patt.....»»
After historic year of environmental laws, California wants to go further
California's Democratic supermajority wants to follow up its most ambitious year of environmental legislation by passing new clean energy incentives and measures that would accelerate greenhouse gas reductions and require billion-dollar businesses to.....»»
A warmer planet, less nutritious plants and… fewer grasshoppers?
Higher levels of carbon dioxide are changing micronutrients in grasses, trees, and kelp. Enlarge / A two-striped grasshopper in Markham, Ontario, Canada. (credit: Creative Touch Imaging Ltd./NurPhoto via Getty Images) I.....»»
A warmer planet, less nutritious plants and … fewer grasshoppers?
Higher levels of carbon dioxide are changing micronutrients in grasses, trees, and kelp. Enlarge / A two-striped grasshopper in Markham, Ontario, Canada. (credit: Creative Touch Imaging Ltd./NurPhoto via Getty Images) I.....»»