Automotive Manufacturing News

KIYOSU, Japan--(BUSINESS WIRE)--Toyoda Gosei Co., Ltd. (TOKYO:7282)’s new driver-side airbag has been chosen for use on the new Lexus ES launched from Toyota Motor. Driver-side airbags are installed in the steering wheel and deploy to mitigate impacts to the driver’s head and chest during frontal collisions. Toyoda Gosei has now developed a driver-side airbag with a new structure that can gently protect a wide range of drivers—those with small and large physiques, elderly people, and others. Ch...

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today announced additional details for its FF EAI Robotics Education Ecosystem Strategy, Product Line & New EAI Device Launch being held on June 16, 2026, at the Company’s Los Angeles headquarters. FF is inviting those interested in this momentous occasion to join the Company in person or online for th...

CHARLOTTE, N.C.--(BUSINESS WIRE)--Driven Brands Holdings Inc. (NASDAQ: DRVN) (“Driven Brands” or the “Company”) today reported financial results for the first quarter ending March 28, 2026. For the first quarter, Driven Brands delivered revenue of $484.4 million, an increase of 8% versus the prior year. System-wide sales increased 6% to $1.6 billion, driven by a 2% increase in same store sales and 5% increase in store count versus the prior year. Net income from continuing operations was $23.8...

MANCHESTER, Ga.--(BUSINESS WIRE)--Rare Earths Americas, Inc. ("REA" or the "Company") has awarded the Alpha Initial Assessment (“IA”) contract under S-K 1300 to Hatch Ltd. ("Hatch"), a global multidisciplinary management, engineering, and development consultancy. Hatch has multiple decades of technical experience in the mining, energy, and infrastructure sectors with an international presence. In addition, Hatch has experience supporting technical studies in rare earths (“RE”), including extens...

BARCELONA, Spain--(BUSINESS WIRE)--Wallbox (NYSE: WBX), a leading provider of electric vehicle charging and energy management solutions, today announced that it has received approximately €10.5 million funds through Canada’s clean fuel credit framework for the Year 2025. The funds were generated through eligible EV charging activity from Wallbox AC chargers installed across Canada and connected to the company’s digital platform. Under Canada’s clean fuel regulation, charging sessions that suppo...

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) today announced that it was named a GM Supplier of the Year winner in General Motor’s 34th annual Supplier of the Year awards. This marks the fifth time Worthington Steel has earned the distinction since 2020, including the last three years. “Our employees are dedicated to helping our customers achieve their business goals, and this award is a direct reflection of those efforts,” said Worthington Steel President and CEO Geoff G...

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE: ETN) today announced the next step in Eaton’s ongoing portfolio transformation. Eaton entered into a definitive agreement with Dana Incorporated (NYSE: DAN) under which Eaton will separate and combine its Mobility Group with Dana in a Reverse Morris Trust (RMT) transaction creating a combined company valued at over $10 billion. The separation of the Mobility Group marks the next step in Eaton’s ongoing portfolio transfor...

WUXI, China--(BUSINESS WIRE)--QCraft demonstrated its urban NOA solution on Qualcomm's SA8650P platform in production vehicles, advancing toward global mass production in 2026....

MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R) earns a spot on America’s Greatest Workplaces list by Newsweek for 2026, celebrating the company’s third consecutive year receiving this honor. The annual recognition highlights Ryder’s ongoing commitment to fostering a supportive and innovative workplace where our people can excel and thrive. “Being named one of America’s Greatest Workplaces by Newsweek for the third year in a row is an incredible honor and a testament to the exceptional cul...

DRESDEN, Germany & DELFT, Netherlands--(BUSINESS WIRE)--GlobalFoundries and Qualinx Demonstrate First European Sovereign Manufacturing Flow for Security‑Critical Semiconductors...