GE Aviation will established five new plants in Ellisville, Miss. Auburn, Ala.; Asheville, N.C.; Lafayette, Ind. and Huntsville, Ala. About two million square feet of new manufacturing floor space is being created....More
In 2015 the number of vehicles in Dubai had doubled over the past eight years, leaving the Gulf emirate with more cars per person than New York or London.
If that trend continues, the number of vehicles registered could reach 2.2 million by 2020....More
Fiat Chrysler AutomobilesV will invest $1 billion toward making three new Jeep models in the U.S., plus a Ram heavy-duty pickup now built in Mexico. The outlays planned by 2020 include retooling factories in Michigan and Ohio and adding 2,000 jobs,...More
“This Institute will be an important catalyst to leverage innovation and energy efficient technologies that will reduce harmful emissions while creating jobs and building America’s 21st century economy,” said Energy Secretary Ernest Moniz....More
Tesla may need the good graces of Wall Street and investors this year as it spends heavily to expand production to 500,000 vehicles annually by 2018, some 10 times the number of vehicles delivered in 2015....More