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BorgWarner generates higher revenue, earnings as demand grows for hybrids

Detroit automakers such as GM have plans to bring back hybrids to the market, feeding customer demand for a bridge to all-electric powertrains. BorgWarner's CEO kept details around hybrid quoting activity close to the vest.

Thu May 2, 2024 21:51
FedEx adds 150 Shyft Group Blue Arc electric vans to its fleet

FedEx is expanding its fleet of zero-emissions vehicles with the addition of 150 Blue Arc battery powered vans. Built by Michigan's Shyft Group, the vans can travel as much as 225 miles between charges.

Thu May 2, 2024 21:51
Tech supplier Aptiv lowers sales forecast, reduces equity interest in JV with Hyundai

Under the agreement with Hyundai Motor Co., Aptiv will not be required to fund the joint venture in the future, while Hyundai will provide additional funding.

Thu May 2, 2024 19:54
Delivery van safety features could mitigate 4 in 10 fatal crashes, study says

Larger vehicles are more likely to cause injuries in crashes because of their greater mass, and the victims are often outside the vehicle.

Thu May 2, 2024 19:54
Mercedes changes U.S. factory leadership ahead of UAW vote

Federico Kochlowski has replaced Michael Goebel as CEO of Mercedes-Benz U.S. International, which operates the 6,100-employee plant in Vance, Ala.

Thu May 2, 2024 18:46
Sonic Automotive's EchoPark used-car business shows Q1 turnaround

Sonic Automotive President Jeff Dyke said the group won't open any EchoPark stores this year.

Thu May 2, 2024 18:46

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