Inside the Industry

Hyundai secures renewable energy for its U.S. manufacturing facilities



(April 23, 2024) SEOUL — Hyundai has signed a 15-year power purchase agreement (PPA) with Matrix Renewables, an energy development company based in Madrid, Spain, for the Hyundai Motor Group Metaplant America (HMGMA) in Georgia, and other U.S. plants.

Expansion of BMW battery plant in S.C. announced



(April 22, 2024) TOKYO — Japan-based electric vehicle battery maker AESC Group is nearly doubling its investment in a South Carolina Gigafactory with a $1.5 billion outlay that creates 1,080 new jobs supplying BMW, according to Automotive News.

Lotus announces pricing for its hyper-SUV Eletre in North America



Orders now being taken for EV
hyper-SUV starting at $107,000

(April 22, 2024) PLYMOUTH, Mich. —  Lotus has announced the pricing of its electric hyper-SUV Eletre in North America. Customers are invited to customize their vehicle and can place an order now, and can expect to receive their cars beginning in Q4 this year.  Eletre is the first in a new breed of performance SUVs from Lotus. It blends Lotus’ design DNA and expertise in advanced active aerodynamics, with the latest technologies — offering a car that is both fun to drive, versatile and practical for everyday use.

2025 Mercedes-AMG GT63 S E Performance unveiled



Quickest acceleration of any AMG
production model: 0-60 mph 2.7 sec.

    
(April 22, 2024) Mercedes-AMG has unveiled the new flagship of the AMG GT Coupe portfolio — the 2025 AMG GT 63 S E PERFORMANCE — expected to arrive at U.S. dealerships in late 2024. The extremely powerful E PERFORMANCE hybrid drive featuring a Handcrafted AMG 4.0L V8 biturbo engine at the front and an electric motor on the rear axle delivers lightning-fast response and consistent power delivery.

Toyota recalls 55,000 2023-24 Prius models in U.S.



Rear door switches may short
circuit from water intrusion


(April 21, 2024) Toyota said last week it will recall certain 2023 and 2024 Prius and Prius Prime sedans to replace the rear door opener switches, which the automaker says may encounter water intrusion and short circuit. The recall involves about 211,000 vehicles globally, including about 55,000 in the U.S., the automaker said Wednesday.

2025 Toyota Camry exclusively hybrid with new look, more tech



Camry AWD model rated up
to 232 net-combined horsepower

    
(April 21, 2024) PLANO, Texas — The Toyota Camry has dominated the best-selling sedan category for 22 years in the U.S. due to its quality and dependability. The new 2025 Toyota Camry continues to build on that success by going exclusively hybrid and combining an athletic exterior style, a new interior design and impressive technology features.

Volkswagen's Chattanooga plant votes to join union



(April 20, 2024) Workers at Volkswagen's Chattanooga plant in Tennessee voted overwhelmingly to join the UAW, a potentially industry-altering move that represents a breakthrough in the union's long-running crusade to organize transplant automakers in the southern U.S.

Estimated 3,000 classic and collector vehicles at auction May 10-18



Mecum’s original and largest auction
returns to Indiana State Fairgrounds

(April 20, 2024) Dana Mecum’s Original Spring Classic is Mecum’s second-largest annual collector car auction, with the 2023 iteration achieving $113 million in total sales. This year’s return to the Indiana State Fairgrounds for the event’s 37th year will take place May 10-18 and will draw an estimated 3,000 vehicles while also featuring daily Road Art selections, exhibitors, the Dodge Thrill Ride and, of course, the ceaseless high-energy Mecum auction action.

Tesla recalling nearly 3,900 Cybertrucks for faulty accelerator pedals



(April 19, 2024) Tesla is recalling 3,878 Cybertrucks due to an accelerator pad that may dislodge and become trapped within the car’s interior trim. The recall covers 2024 model Cybertrucks. A dislodged pedal could cut torque on both the accelerator and brake pedals, increasing the risk of a crash, the National Highway Traffic  Safety Administration said in its recall report.

Dodge performance protection package includes Radford Racing School



(April 19, 2024) AUBURN HILLS, Mich. —Dodge vehicle owners can now pair maximum vehicle protection with maximum performance thrills. The new Dodge Complete Performance Package complements the vehicle factory powertrain warranty with coverage of more than 5,000 critical components and includes a day of high-performance driving instruction for vehicle owners at Radford Racing School, the official high-performance driving school of Dodge//SRT.