Automotive

Ford plans to relocate production of select Lincoln models from China to U.S. plants by 2030, along with investments in Tennessee and Ohio manufacturing operations. This reflects a partial reshoring effort amid broader global production strategies.

General Motors and LG Energy Solution’s joint factory in northeast Ohio is set to restart production of battery cells next week. This development is important for American industry as it supports the production of electric vehicles, highlighting the ongoing investment and growth in the automotive sector.

BMW has finished its $1.7 billion investment in South Carolina, including a vehicle assembly expansion and a new battery plant to support the production of electric vehicles in the U.S. This development is a significant step for American industry, showcasing continued investment in manufacturing capabilities and technology.

General Motors has increased its guidance for the second time this year, with North American profits rising by 43 percent from last year. Despite a decrease in net income due to electric vehicle write-downs, Finance and Insurance managers are worried about customers with negative equity. Additionally, Canada’s counter tariffs are impacting the U.S. vehicle exports, highlighting the ongoing challenges in the automotive industry.

Bosch has started sample production at its new semiconductor plant in Roseville, California, marking the company’s first chip fabrication site in the U.S. The facility focuses on silicon carbide semiconductors for electric vehicles and plans commercial production later in 2026.

Ford has secured a semiconductor supply agreement with Micron for its upcoming vehicles, following a similar deal between Micron and GM. This collaboration reflects Micron’s commitment to expanding auto-related manufacturing in the United States, benefiting American industry and supply chains.

Ford’s expansion of its Michigan battery plant signals progress towards producing U.S.-made lithium-iron phosphate batteries for electric vehicles, positioning the automaker as a leader in sustainable automotive technology. This development not only highlights advancements in American industry but also underscores the importance of investing in skilled work and production for a more competitive future.