Entries by USA Motor Jobs

EPA to unveil plan to strip California’s authority on car emissions, report says

WASHINGTON — The Trump administration will announce it is rescinding California’s authority to regulate greenhouse gas emissions from automobiles at an event at the EPA’s Washington headquarters on Wednesday afternoon, according to people familiar with the matter. The EPA intends to announce it will revoke the so-called waiver underpinning California’s power to set vehicle greenhouse […]

Wall Street warns of economic impact as GM strike enters second day

DETROIT — As the UAW’s national strike against General Motors stretched into its second day and negotiators returned to the bargaining table, economists and Wall Street analysts on Tuesday warned that a lengthy work stoppage could hurt GM and the Michigan economy. The sides met for about 11 hours Monday before pausing for the night, […]

GM strike triggers economic impact warnings

DETROIT — As the UAW’s national strike against General Motors stretched into its second day and negotiators returned to the bargaining table, economists and Wall Street analysts on Tuesday warned that a lengthy work stoppage could hurt GM and the Michigan economy. The sides met for about 11 hours Monday before pausing for the night, […]

Ford plans to overhaul Dearborn campus by 2025

DETROIT — Ford Motor Co. has outlined an overhaul of its Dearborn campus to create a product and development center by 2025 as it continues work on its mobility innovation center in Detroit’s Corktown neighborhood. The result is expected to be a 2.2 million-square-foot area that replaces buildings on the 700-acre Research and Engineering Center […]

Ford updates plan for overhauling HQ campus

DETROIT — Ford Motor Co. has outlined an overhaul of its Dearborn campus to create a product and development center by 2025 as it continues work on its mobility innovation center in Detroit’s Corktown neighborhood. The result is expected to be a 2.2 million-square-foot area that replaces buildings on the 700-acre Research and Engineering Center […]

Fair readies for expansion with $500M credit deal

Fair, a used-vehicle leasing subscription service, has closed a $500 million revolving-credit deal with Mizuho Bank. The companies announced the deal Tuesday. The arrangement is expected to help Fair grow a fledgling partnership with Uber that helps drivers — regardless of their credit — access vehicles that come ready for ride-hailing operations. The partnership with […]

Veoneer wins thermal camera production deal for self-driving car

STOCKHOLM — Swedish auto-technology supplier Veoneer said on Tuesday it had won a production contract with an unidentified “world-leading” automaker to manufacture a thermal camera for an autonomous vehicle. Veoneer’s products include radars, vision systems, and advanced driver assistance and autonomous driving software that are widely expected to play an integral part in the next generations […]

Ford in talks with VW to develop second EV in Europe, paper says

FRANKFURT — Ford Motor Co. could build more than one electric vehicle based on Volkswagen Group’s EV platform, Ford of Europe President, Stuart Rowley, told a German business paper. To make only one model made no sense financially, and a decision about whether to build a second model could happen soon, Rowley is quoted telling […]

Fresh $120M funding deal helps TuSimple keep on trucking

Self-driving truck company TuSimple continues to add to its coffers. The company announced Tuesday it has raised an additional $120 million, part of an extended funding round that includes an investment from the venture arm of global logistics giant UPS Inc. New participants in the latest funding include CDH Investments, Lavender Hill Capital and auto […]

EVs, batteries could draw bulk of $7B GM pledge to UAW

DETROIT — A new family of electric vehicles, an all-electric pickup truck and an advanced battery system could draw much of the $7 billion that General Motors has pledged to invest in the United States as parts of contract talks with the UAW. The automaker and the union were continuing talks late on Monday to […]