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Ford To Cut Production, Jobs At Its Largest Canadian Plant
Monday, October 28, 2019 - 5:48pm | 424Ford Motor Company (NYSE: F) will cut back production and lay off workers at its largest Canadian plant as it phases out its Ford Flex and Lincoln MKT models. The automaker will reduce production at the Oakville Assembly Complex in Ontario, near Toronto, and lay off about 450 workers in early 2020...
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Toyota, Key Supplier To Invest Nearly $800 Million In San Antonio Manufacturing Facilities
Thursday, September 19, 2019 - 12:44pm | 667Toyota Motor Corp (NYSE: TM) recently announced a $391 million investment at its Tacoma and Tundra assembly plant in San Antonio. In addition, Aisin AW, a Japanese auto supplier to Toyota in San Antonio, also announced it will be building a $400 million facility in nearby Cibolo, Texas, adding 900...
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Mexico Suffers Sharp Drop In Auto Production, Exports
Friday, September 13, 2019 - 9:40am | 714Mexico, one of the biggest exporters of vehicles in the world, experienced a 12.7% drop in total vehicle exports in August from a year ago. Manufacturers shipped 281,811 units last month compared to 322,779 vehicles in August 2018, according to the Mexican National Institute of Statistics and...
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IAA 2019: Angela Merkel Calls For Close Cooperation Between Auto Industry And Government
Thursday, September 12, 2019 - 11:48am | 618German Chancellor Angela Merkel spoke at IAA 2019 today amidst heavy criticism of the event by environmental activists who had called for boycotting the international auto show, in an attempt to raise awareness of the rise in transport-related carbon emissions. Merkel started her address by...
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Auto Manufacturers Invest In A Carless Future
Wednesday, September 4, 2019 - 9:45am | 1024Consider the following situation – the closest parking spot to the concert amphitheater is a mile-long walk. Instead of circling the block, wasting time and gas, or using a Lime or Bird app to locate the nearest scooter, perhaps you'd rather dismount a fully charged electric scooter or bike from...
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Top 4 Large-Cap Stocks In The Auto Manufacturers Industry With The Lowest PEG Ratio
Wednesday, October 16, 2013 - 5:27am | 115Below are the top large-cap auto manufacturers stocks on the NYSE and the NASDAQ in terms of PEG ratio. Toyota Motor (NYSE: TM) has a PEG ratio of 0.34. Toyota's trailing-twelve-month operating margin is 7.54%. General Motors Company (NYSE: GM) has a PEG ratio of 0.58. GM's trailing-twelve-month...