Tag: LMC

By on June 9, 2020

It’s the smallest player in the nascent electric pickup segment, but it wants to be among the first — if not the first — to field such a product. That would be Lordstown Motors Corp., the fledgling automaker that took ownership of General Motors’ sprawling assembly plant in Lordstown, Ohio last November.

From that 6.2 million square foot facility, the company hopes to realize its dream of competing with Ford, GM, Rivian, and others with its Endurance pickup — a full-size EV powered by four in-wheel motors built on site. There’s not long to wait for a debut. (Read More…)

By on April 20, 2020

This year stands to become one of those big “blip” years if predictions by industry forecaster LMC Automotive pan out.

The firm now expects global vehicle output to drop “more than” 20 percent as a result of both the coronavirus pandemic and ensuing recessions born of state-mandated lockdown orders. (Read More…)

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