Magna International Inc (NYSE:MGA) has started the production of its mild hybrid transmission for Bayerische Motoren Werke AG (OTC:BMWYY). Magna’s new 7-speed, mild…
The Russia-Ukraine crisis is continuing to affect the fortunes of automakers in more than one way. Alongside severely impairing the supply chain, the geopolitical tension is also seen casting a cloud on logistics.
Nio, Inc. (NYSE: NIO) held to its timeline for commencing deliveries of its ET7 sedan, which is the first of the three new vehicles the electric vehicle maker has planned for 2022.
Global auto sales are recovering from the trough seen in September 2021, and the industry has thrown up some winners and some laggards, according to an analyst at BofA Securities.