Miyerkules, Hunyo 2, 2021

The drama behind Italy's fight to win a new Stellantis battery plant

Stellantis' request to receive large incentives to locate its third battery cell factory in Italy did not go down well with the Italian government.



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CarMax wants to hire 1,800 for vehicle prep work

The company said it is partnering with job search site Indeed to hold career events this month while also accepting virtual applications.



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Honda hits record, Toyota rebounds but warns of low supplies

Honda Motor Co. set a monthly record and demand for light trucks and some cars pushed sales at Hyundai and Kia up 56 percent or more in May. Toyota Motor volume jumped 47 percent, but Toyota and Lexus begin June with very low inventories.



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Top chipmaker TSMC says construction of $12B Arizona plant is ‘well underway’

The plant in Phoenix would be a step toward addressing U.S. concerns over reliability and security in the tech supply chain.



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Apple loses several top managers from self-driving car division

At least three members of the iPhone maker's car management team have departed this year.



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Toyota rebounds but warns of low supplies

Robust retail demand for light trucks and some cars pushed sales at Hyundai and Kia up 56 percent or more in May, even as a supply crunch upends the industry. Toyota Motor volume jumped 47 percent but the Toyota brand is starting June with an 8-day supply of vehicles, while Lexus has a 12-day supply.



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Jaguar F-Type goes V-8 only

Jaguar is dropping the entry-level and midlevel models of the F-Type sports car and will sell just two V-8 models starting in 2022 as it simplifies its lineup.



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