WardsAuto Daily Edition
 
WardsAuto Daily

OCTOBER 7, 2022

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Michigan Lands Two More EV-Battery Gigafactories

The projects by Our Next Energy between Detroit and Ann Arbor, and Gotion High Tech in Mecosta County, are expected to bring Michigan nearly $4 billion in investment and create 4,400 jobs.

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ZF’s eBeam Axle Powers Pickups to Electric Future
ZF’s eBeam axle offers pickup truck manufacturers unique benefits as the market looks to an electric future. Offering unparalleled function and modularity through ZF’s broad electric portfolio, our eBeam is unlike any other on the market. Its an exciting time for electrification and ZF is ready to deliver. Now. Discover How

Autoline Daily 2022: Top Industry News for Oct. 7

U.S. Opens Cobalt Mine; Tesla to Ship 1st Semis to Pepsi; Hyundai Hotel Powered by IONIQ 5s

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Volkswagen Group Of America Loses Chief Operating Officer

“It's time for me to step aside and let others who are more than capable to lead the way,” Johan de Nysschen tells Wards. “I’ve done everything I have set out to do here, but you are never truly ‘done.’ There’s always the next thing in any job.”

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Lincoln's Most-Watched Car Ad Rides Hurricane Ian Coverage

Hurricane Ian coverage challenges the NFL’s dominance among car ads as Subaru and Jeep battle for views, according to iSpot.tv.

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Ticket Price Still Biggest Challenge to EV Adoption

From TU Automotive
More than 60% of US and UK motorists are shunning EVs because of their high price tags compared to ICE powered vehicles.

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September Marks Two Straight Months of Double-Digit U.S. Inventory Gains

For Wards Intelligence Subscribers
With inventory expected to continue month-to-month increases in October and November, a sales surge in the fourth quarter to an annualized rate well above 14 million units is doable.    

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