LG-Magna JV to build EV parts in Mexico for GM
The LG-Magna joint venture will produce inverters, motors and on-board chargers for General Motors in Ramos Arizpe, Mexico, employing about 400 people at a 260,000-square-foot factory.
Raw food, roaches and rodents lead to 2 Central Florida restaurant shutdowns last week
Two Central Florida restaurants received emergency orders to shut down last week for issues including the improper storage of raw animal food and roach activity.
Toyota to invest $383M to build 4-cylinder engine, parts
Toyota is preparing for what appears to be a new four-cylinder engine variant for traditional and hybridized powertrains. Plants in Alabama, Missouri, Kentucky and Tennessee are slated to get the capital outlays.
Biden administration approves $107 million loan for Tesla graphite supplier
The U.S. unit of Australia’s Syrah Resources will use the money to expand its facility in Vidalia, La. If finalized, this would represent the first loan from the agency’s Advanced Technology Vehicles Manufacturing Loan Program in more than decade.
Ferrari expands plug-in hybrid lineup with 819-hp 296 GTS targa
296 GTS features automatic targa top that takes 14 seconds to deploy at speeds up to 28 mph.