Canadian automotive supply giant Magna International is building a $40-million factory in Chatham, Ont., to better serve Ford Motor Co. with much-needed battery enclosures for the new Ford F-150 Lighting electric pickup.
Mercedes will launch the new GLC this autumn only with small four-cylinder engines, either in plug-in hybrid or 48-volt mild hybrid configurations.
Genesis’s first standalone retail store in Lafayette, La., is the first of 20 in the construction or planning phases.
Mercedes said the factory, which builds the flagship S-Class and EQS sedans, is continuing to operate despite parts shortages.
The Vietnamese startup automaker says initial EV capacity will be 150,000 vehicles a year at the plant near Raleigh, N.C., with output to begin in 2024.