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Browsing Category
auto
Tesla Car Crash in China: Automaker Claims Driver of Crashed Model Y Failed To Step on Brakes…
After a Tesla car met with an accident in China, the company said that the driver failed to step on the brakes throughout the incident. According to reports, the police are investigating the cause. A video of the…
Is Fisker ready for launch and beyond this time?
Some big, strategic decisions, however, must be made at the top of the house, like where to make vehicles and who supplies the batteries. The big ones that stand out to me right now are around timing and pricing.
The company is set to…
As driverless car craze stalls, AV startups put tech to new uses
In the past decade, investors have poured about $330 billion into 2,000 mobility companies, with two-thirds directed at AV technology and smart mobility, according to McKinsey & Co.
The driverless car future hasn't panned out, but…
BMW will stay in lower market segments amid costly EV shift
BERLIN -- BMW CEO Oliver Zipse said the carmaker would not abandon lower-priced segments in the transition to electrification.
"We are not leaving the lower market segment. Even if you consider yourself a premium manufacturer, it is wrong…
EU envoy ‘hopeful’ about getting changes to U.S. EV rules
WASHINGTON -- European Union Ambassador Stavros Lambrinidis said he was very hopeful that negotiations with the United States could result in elimination of discriminatory provisions in the U.S. Inflation Reduction Act.
Lambrinidis told an…
Polestar Q3 loss narrows, expects hit from rising costs
Polestar posted a smaller third-quarter operating loss as revenue more than doubled and the company cut spending, but the electric-vehicle maker warned that higher raw material costs would start to hurt later in the year.
The Swedish…
Jaguar Land Rover sees rebound after lowering quarterly loss
Tata Motors said it expects profit and cash flow to bounce back in the second half thanks to healthy demand for its Jaguar Land Rover cars and a drop in domestic steel costs.
The company reported a consolidated net loss of 9.45 billion…
Mazda struggles to ramp up CX-50 amid Alabama labor problems
Aoyama’s assessment came as Mazda reported a big bounce back in earnings for the fiscal second quarter ended Sept. 30.
Riding a tailwind of favorable exchange rates and rising sales, Mazda booked a more than fivefold increase in operating…
Hyundai To Introduce Global Battery Electric Vehicle Platform in India With ‘Ioniq 5’ in January…
New Delhi, Nov 10: Hyundai Motor India on Thursday said it will introduce its global dedicated battery electric vehicle platform in the country with its upcoming model Ioniq 5, slated to debut in the Auto Expo in…
Tesla Electric Vehicles To Soon Have Zoom Video Conferencing Feature
New Delhi, November 10: Zoom is working with Elon Musk-run Tesla to bring video conferencing into its new electric vehicles. Zoom's group product manager Nitasha Walia said during the company's '2022 Zoomtopia'…
Honda U.S. dealers could service Sony-Honda EVs, CFO says
TOKYO – Honda dealers in the U.S. will likely have a hand in servicing, but not selling, the new wave of electric vehicles coming from the company's new joint venture with Sony.
That's the message from Honda executives at headquarters in…
Rivian is under pressure to boost output, maintain demand
Rivian Automotive is a runaway hit with its R1T pickup and R1S SUV in the eyes of owners and automotive journalists, but the electric vehicle startup is no longer a Wall Street darling due to missed production targets and concern over…
Renault, Geely clinch deal for internal-combustion joint venture
BEIJING -- Renault and China's Geely said they have agreed to launch a new, equally held joint venture that will supply gasoline engines and hybrid technology to the brands they own as well as to other automakers.
While it was not…
Stellantis halts paid Twitter ads after Elon Musk takeover
DETROIT -- Stellantis said Monday it is pausing all paid advertising posts on Twitter as it waits to see what the platform will look like under the leadership of its new owner, Tesla Inc. CEO Elon Musk.
“We're pausing paid advertising…
Lordstown Motors losses grow; secures $170M investment from Foxconn
Lordstown Motors Corp. on Monday entered into a deal under which Foxconn Ventures, an affiliate of Foxconn, will invest up to $170 million in the electric vehicle maker, making the Taiwanese contract manufacturer its largest shareholder.…
On EV tax credits, automakers ask Treasury for clarity
WASHINGTON — Automakers are asking the U.S. Treasury Department for clarity on key provisions in the new tax credit for electric vehicles and urging as much flexibility as possible as they hurry to localize supply chains for EV batteries…
Pajarito Powder rides new-energy wave rising in New Mexico
Pajarito Powder is one of a handful of hydrogen-related businesses that have either grown from the national laboratory and university ecosystem within the state or found New Mexico an attractive place to set roots.
Economic development…
Toyota, Cummins invest in hydrogen-combustion engines
The companies that build those vehicles are eyeing the technology but also keeping a view of how regulations might develop for clean transportation."We are continuing to invest in the combustion engine, and we are looking to see if we can…
Ola Electric to Touch Production of 10 Lakh Units by November 2023
New Delhi, November 6: Ola Electric will touch cumulative production of 10 lakh units by November 2023, according to a new set of numbers shared by its founder and CEO Bhavish Aggarwal.
Earlier the company had said…
EV supply chain improvements need unity
The vitality of the U.S. auto industry hinges on two important sets of relationships: automakers and suppliers, and federal Republicans and Democrats.For more than a century, automaker and supplier purchasing decisions have been driven by…
Hyundai builds car-powered hotel with Ioniq 5
Hyundai created a Hyundai-powered hotel.
The automaker built a luxurious, off-grid cabin in the English countryside, about an hour from London, by plugging into a Hyundai Ioniq 5. Hotel Hyundai, which the company says is the world's first…
EV component costs rise, stalling push for parity
Heightened raw materials costs, supply chain difficulties and shortages of key materials have sent prices for electric vehicle components rising over the last two years.That has delayed the industry's quest to bring prices of EVs in line…
Automotive Congress events cover industry transformation
The auto industry is evolving at a rapid pace and connecting across adjacent businesses more than ever.
Our upcoming Automotive News Congress events in Los Angeles and Detroit are perfect opportunities to learn from — and network with — a…
GM supplier American Axle says it is not for sale
While denying talk of a sale, American Axle said it is considering "strategic opportunities that serve the best interest of the company."
"In the ordinary course of executing on our strategic plan, we continuously monitor market conditions…
Is American Axle for sale? Shares are soaring on speculation
American Axle & Manufacturing Holdings Inc., the Detroit-based maker of drivetrain components with longtime roots to General Motors, is attracting preliminary interest from suitors including Melrose Industries Plc, people familiar with…
Ford Louisville plant enters 2023 UAW talks without a plan
Forecasters say the case for closing the plant is thin. Ford hasn't shuttered a North American assembly plant since Twin Cities Assembly in St. Paul, Minn., closed in 2011. It was a delayed casualty of Ford's Way Forward restructuring plan…
Nio production hit by China’s COVID restrictions
Chinese electric-car maker Nio has fallen behind on both producing and delivering thousands of vehicles over the past month as COVID-19 restrictions disrupted output at its two factories, according to people familiar with the matter.…
Subaru competes with McDonald’s on wages amid U.S. inflation
Subaru sees worldwide wholesale volume zooming ahead 45 percent in the coming six months to 521,000 vehicles, driven by a 40 percent surge in the U.S. to 353,000 vehicles.
Subaru’s operating profit surged to 73.5 billion yen ($508.6…
Maruti Suzuki India Crosses 2.5 Crore Production Mark
New Delhi, November 2: Maruti Suzuki India (MSI) on Wednesday said it has crossed 2.5 crore cumulative production mark. MSI started production in December 1983 and crossed the 10-lakh production mark in March 1994.…
The front trunk is the EV’s most divisive feature
Bozi Tatarevic, a race-car mechanic and auto journalist, prefers an EV without a frunk. “I’m a tall person and you basically get more leg area and foot room,” he said. “And as a mechanic, I would much rather pop open the hood and have…