Stellantis investing $229 million to build new electrified transmission in Kokomo, Ind.

Stellantis is investing $229 million to retool 3 Indiana vegetation to construct its new adaptable eight-speed transmission that can be applied in both equally electrified motor vehicles and these with typical setups.

The Kokomo Transmission, Kokomo Casting and Indiana Transmission vegetation, all in the city of Kokomo, will be crucial cogs in the automaker’s electrification tactic. Stellantis mentioned in July that it is investing a lot more than $35 billion through 2025 in electrification and software and strategies to have 4 electric car or truck platforms that aid driving ranges of 300 to five hundred miles.

Stellantis has set a

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Wholesale used-car prices hit record highs in September, Manheim index says

The price ranges sellers pay for autos and vans at Manheim auctions climbed to all-time highs in September, a further indicator of the disruption activated by the cutbacks in new-automobile manufacturing triggered by the world-wide scarcity of semiconductors.

Wholesale values rose 27 percent previous month from September 2020, in accordance to the Manheim Utilized Auto Worth Index, which tracks price ranges of autos and vans offered at auctions. Values in September were up five.three percent from August.

With new-automobile manufacturing continue to hampered by the chip scarcity and shopper demand rather solid, wholesale values are envisioned to stay elevated effectively

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Motorsport Stats Relaunches With New Look And Features, a division of Motorsport Network, the major impartial media, interactive entertainment, and e-commerce organization targeted on the motorsport and automotive industries, has quickly set up alone as the pre-eminent web-site for motor racing statistics, delivering details and success for much more than 2,five hundred functions, from F1 and System E to IndyCar and the Environment Rally Championship.

The new web-site, which launches these days, supplies a considerably-enhanced consumer expertise with streamlined navigation and included options that present site visitors effortless entry to the details that most interests them. Complete session success, vocation profiles, schedules, and racing analytics are

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