North America Production

GM plans to build 2 new models in S. Korea, says lawmaker

General Motors plans to produce two new models in South Korea, a local lawmaker quoted GM executive Barry Engle as saying at a meeting with South Korean members of parliament.

Toyota readies cheaper electric motors by halving rare-earth metal use

Toyota is readying electric motors that include as much as 50 percent less in rare-earth metals amid concern of a supply crunch as automakers race to expand their EV lineups.

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