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Magna International Inc

UAW strikes threaten already vulnerable auto parts suppliers

by Adesola Mojo
UAW strikes threaten already vulnerable auto parts suppliers

Members of the United Auto Workers union hold a practice picket in front of Stellantis headquarters in Auburn Hills, Michigan, on Sept. 20, 2023. Bill Pugliano | Getty Images As …

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Categories Automobile

Fisker (FSR) Reports Q2 2023 Earnings

by Adesola Mojo
Fisker (FSR) Reports Q2 2023 Earnings

Fisker began deliveries of its battery-electric Ocean SUV in the second quarter of 2023. Courtesy: Fisker Electric vehicle startup Fisker on Friday reported a second-quarter loss that was narrower than …

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Categories Automobile

The Disruption of the Century: Electric Vehicles Revolutionize the Age-Old Auto Supply Chain

by Adesola Mojo
The Disruption of the Century: Electric Vehicles Revolutionize the Age-Old Auto Supply Chain

Companies that make parts for internal combustion engines are facing a harsh future.  Revenues for internal combustion engines, as well as fuel and exhaust systems, are expected to decline 44% …

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Categories Automobile

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