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UK’s EV Backpedaling Angers More Automakers | Giga Gears
BMW announced this month a 600 million pound investment in its Mini plant in Oxford. The goal was to update the factory in preparation for a global electric future, changing the lines over to accommodate two new electric models, the Mini Cooper 3-door EV and the new Mini Aceman electric SUV. Likewise Ford, Stellantis,…
Toyota Falls Short of EV Targets | Giga Gears
Good morning! It’s Friday, September 22, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.
Study Finds 3-Year-Old Cars May Cost $9K More Than 2019: Giga Gears
While used EV prices are starting to get much more affordable, the pre-owned market for other models still really stinks. Due to production shortages from the pandemic, there aren’t as many used models on the market and that means most buyers are looking at much older models in order to maintain their budget.
Auto Workers Strike Expands to 38 More Facilities as Thousands Walk Off the Job | Giga Gears
The United Auto Workers strike has expanded from three facilities to 41, as contract negotiations continue to slog on. Ford and the UAW have come together to form a tentative agreement, and while there is still a lot of work to be done, the union has chosen not to expand its striking efforts against Ford facilities.…
Mayor Sells Discounted City Vehicles to Daughter for Profit: Report
A small town mayor is under scrutiny this week after an investigation found that he sold cut-price cars from the town fleet to his daughter, who then flipped them for a profit. The mayor of Lakeside, Colorado, reportedly sold two cars to his daughter who at the time also worked as a town clerk.