Month: June 2022

SEOUL — Production at Hyundai’s biggest factory complex fell by half on Thursday because of component shortages caused by a truckers’ strike in South Korea, a union official at the automaker said. The automaker’s Ulsan plants operated at about 50 percent to 60 percent of capacity due to parts procurement issues caused by the strike.
0 Comments
3:54 PM ET Associated Press ELKHART LAKE, Wis. — Josef Newgarden earned a $1 million bonus on Sunday for winning at Road America, where his third win of the season completed a trifecta of victories on IndyCar’s different circuits. Newgarden won on the oval at Texas and the street course in Long Beach this season,
0 Comments
Russia’s Industry Ministry expects car sales to halve in 2022 as the country’s automobile industry grapples with supply issues, a senior official said. “We saw a sharp fall (in car sales) in April and May,” Tigran Parsadanyan, deputy head of the ministry’s automotive and railway engineering department, said on Thursday. “We expect that some 750,000
0 Comments
When Ted Ings got his start as a salesman at Fette Ford in Clifton, N.J., in 1981, there was no Internet. Today, he hosts one of the longest-running fixed ops podcasts. “We’re in the automotive business,” Ings says. “We need to pivot and adjust.” Ings’ “Fixed Ops Roundtable” podcast posts every Monday and covers topics
0 Comments
Ferrari plans to significantly expand its factory in northern Italy as part of the electrification strategy it will unveil during a highly anticipated briefing next week, according to people familiar with the matter. The automaker has snapped up space near its Maranello plant and started clearing the way for a third production line that will
0 Comments