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Tag Archives: Automotive

GreenTech files for bankruptcy

A company founded by former Virginia Gov. Terry McAuliffe has filed for bankruptcy, citing negative press and lawsuits by investors who call it a “scam perpetrated by savvy and politically connected operatives” to exploit overseas investors. The Richmond Times-Dispatch reports that the bankruptcy filing by the electric car company cites $7.5 million won by 12 investors and pending lawsuits. It says GreenTech ...

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Toyota says Mississippi plant makes millionth Corolla sedan

  BLUE SPRINGS — Toyota Motor Corp. says its Mississippi plant has assembled its millionth Corolla sedan. The company made the announcement Tuesday, a little more than six years after it started assembling cars at the $800 million Blue Springs plant. The Japanese company marked the 10th anniversary of its groundbreaking earlier this year with a series of celebrations. Incoming ...

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Global automotive supplier BorgWarner expanding in Water Valley

BorgWarner, a global leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles, is expanding in Water Valley. The $20 million corporate investment is expected to create approximately 75 jobs over the next two years. BorgWarner’s expansion will help meet growing demand for advanced transmission technologies, including the award-winning Eco-Launch™ stop/start accumulator and the mini direct-acting variable force solenoid. ...

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#justsayin’ tackles the union and Mississippi

This week, Ford Williams selects a Katy Perry hit song for the UAW team traveling back to Detroit after a failed union vote at the Nissan plant in Canton, Mississippi. Ford’s cartoon series, #justsayin, is in its second year of publication.  The irregular and slightly irreverent cartoon series reflects the world views of a Generation Z cartoonist.  In the series, ...

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On the short list: 11 states vying for Toyota-Mazda plant

By DENNIS SEID / Daily Journal Whether Mississippi is the leading contender for an automotive assembly plant jointly operated by Toyota and Mazda is the $1.6 billion question. The two Japanese automakers said earlier this month they plan to build the plant, which will build the Toyota Corolla and future Mazda crossover vehicles, by 2021. The facility, which requires at ...

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Former contract workers key in Mississippi Nissan union vote

A bid by workers at Mississippi’s Nissan Motor Co. plant for United Auto Workers representation could turn on a key voting bloc — 1,500 workers who are Nissan employees today, but were initially hired through contract labor agencies. Those workers say they make less than longtime Nissan employees and have worse benefits, and UAW supporters say that’s a disparity they’d ...

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Groups highlight impact of auto industry on state

By BOBBY HARRISON / Daily Journal Automotive is Mississippi’s fastest-growing industry, with nearly 7,200 new jobs created since 2010, according to a study compiled by Mississippi State University’s National Strategic Planning & Analysis Research Center. About 18,250 people are employed in the automotive industry. Results of the study were released Thursday at the Greater Jackson Partnership by the Mississippi Economic ...

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