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A predecessor organization, the Automobile Importers of America (AIA), was formed in 1965 [1] to provide member companies information on changes to U.S. state and federal automotive industry regulations. The AIA evolved into the primary advocacy resource for many major vehicle importers in the 1970s, opposing trade restrictions and other ...
Automotive News is a weekly newspaper established in 1925, written for the automotive industry, predominantly for individuals corresponding with automobile manufacturers and automotive suppliers. [2] It is based in Detroit and owned by Crain Communications Inc. [ 3 ] Globally, there are more than 55 editors and reporters.
The chip shortage is expected to cost the global automotive industry US$210 billion in revenue in 2021. [51] [52] [needs update] Despite lower sales, some manufacturers increased profits over 2020, as Toyota and General Motors, for example, saw record profits for 2021, due to resilient demand and decreased financial incentives offered to buyers.
Stellantis N.V. is a multinational automotive manufacturing company formed from the merger in 2021 ... automotive industry. [37] In June 2022, the company paused ...
The time it takes Toyota to turn over its inventory increased by around 40% during the past ten years, to 36.36 days as of March 2021. [101] In June 2022, Toyota recalled 2,700 of its first mass-produced all-electric vehicles due to worries that their wheels could fall off during driving.
With the cash cow F-150 pickup and Expedition full-size vehicles updated in 2024, Ford’s 2025 will consist of updates to the Mustang and Ford Transit commercial van along with the release of the ...
The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles. [ 1 ] [ 2 ] It is one of the world's largest industries by revenue (from 16% such as in France up to 40% to countries such as Slovakia).
The Sony Vision-S 02 is a 7-seat SUV, the second vehicle developed on the Sony Vision-S platform and unveiled at CES 2022. [20] Acceleration numbers have not been disclosed, but considering that the SUV is 130 kg heavier than the Vision-S 01 sedan, the 0–100 km/h time is likely more than the 4.8 seconds of the sedan.