According to foreign media reports, the U.S. National Highway Traffic Safety Administration (NHTSA) has said that the agency still believes that the 49 million U.S. vehicles produced by 13 automakers equipped with airbag inflators have serious safety risks, and is considering a recall. The […]
August 6, 2024 – Newark, CA – Lucid Motors, the electric vehicle manufacturer, announced today a net loss of $790 million for the second quarter of 2024. This figure represents a significant increase compared to the $635 million loss reported in the same period last year. The company’s financial results were disclosed in its […]
August 6, 2024, Ankara – According to the Turkish Ministry of Economy, Turkey’s foreign direct investment (FDI) is projected to increase by at least 20% this year. This growth is attributed to a series of policies and reforms implemented by the Turkish government to encourage foreign investment, including tax incentives and streamlined administrative procedures. […]
Bridgewater Interiors, a seat supplier to Stellantis, has announced plans to lay off 63 employees at its Detroit (USA) plant after the company discontinued production of its Ram 1500 Classic model, according to a report in the media. A WARN notice filed with the […]
According to foreign media reports, Jaguar Land Rover’s chief financial officer Richard Molyneux told investors that the company’s main supplier Novelis plant was disrupted by flooding, which triggered a shortage of aluminum, which is the biggest obstacle the company is facing at present.Molyneux said the shortage of the […]
2024/8/5 – The automotive dent repair industry is undergoing a technological revolution with the introduction of a new innovation that promises to significantly improve repair efficiency and quality, benefiting both car owners and repair professionals. The new technology, known as the “Smart Thermoplastic Repair System,” utilizes advanced heating and cooling techniques to precisely repair […]