They need to retrain their workforce, retool plants, navigate parts ... (EV)." This is in addition to the U.S. Department of the Treasury's $9.1 million grant to establish the Michigan Auto ...

Job losses at European car part suppliers more than doubled in 2024 as the slowdown in the continent’s automotive industry ...

Similarly, in May, more than $100 million was awarded to small and medium-sized auto parts manufacturers to “expand and retool,” likely for the production of EV components. Efforts to counter ...

TI Fluid Systems, a 102-year-old automotive supplier, this week demonstrated its ... The complex also includes two vehicle lifts and 42 EV charging stations. TI Fluid Systems declined to disclose ...