Daily Headlines - Afternoon Edition  |   To view this email as a web page, click here.
 
 
Daily Headlines - Afternoon Edition
November 10, 2021
 

In The Spotlight

 
Arrival's bus will go through proving ground trials this quarter.

Arrival Hammered After Lowering ’22 Forecasts

The EV manufacturer is pushing back its plan to set up a fourth microfactory and expects to book “modest” revenues next year.

 
 

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Lordstown Motors Endurance 1540 5e9f93d1defe3

Lordstown Motors Replaces President in Executive Board Changes

President Schmidt's replacement, Edward Hightower, has experience at Ford, BMW and GM, Lordstown said.

 
 

 
Nissan Car Vehicle Logo © Typhoonski Dreamstime

Nissan Triples Profit Forecast Despite Chip Crunch

The troubled Japanese automaker lifted profit predictions to $1.6 billion from $500 million.

 
 

 
The new Honda Civic

Honda, Toyota Trim Outlooks on Chip Shortage

Both manufacturers hope to be able to ramp up production in coming months; Toyota CFO says ‘the risk is becoming significantly smaller’

 
 

 
Growth Development Improvement Id 68105328 © Jakub Jirsák Dreamstime

The Top 10 Biggest Movers from the 2021 IW U.S. 500

The manufacturers who improved the most in our yearly rankings.

 
 

Editor's Choice

 
Rivian R1t Pickup Truck Electric Vehicle Truck Car Automotive Vehicle© 1miro Dreamstime

Amazon-Backed EV Startup Aims for Valuation Above $50 Billion

Rivian has raised more than $10 billion in funding since 2009, including from Amazon, which has pledged to purchase 100,000 electric delivery vans from the startup.

 
 
 

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