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Browsing Category
auto
Rivian pushes ahead with production despite supply chain problems
Now with 3.3 million square feet, the plant employs 5,000 people and boasts production capacity of 150,000 vehicles a year. That ouput is divided among the R1T, R1S SUV and two sizes of EDV commercial vans for retailer Amazon.
But…
VW’s Shanghai plant resumes output gradually
SHANGHAI -- Volkswagen Group's Shanghai factory has started gradually resuming production, the automaker said.
The company’s factories in the northeastern Chinese city of Changchun, which it runs in a joint venture with China's FAW Group,…
Kia Q1 Net Profit Drops 0.2% Amid Chip Shortage: Report
Seoul: Kia, South Korea's second-largest carmaker, said on Monday that its first-quarter net profit fell 0.2 per cent from a year earlier due to one-off costs amid global chip shortages. Net profit for the three…
Nissan ends Datsun budget brand
At the time of the reboot, Japan’s Nikkei business daily said Nissan targeted global volume of 300,000 units a year. But sales never blossomed in line with optimistic forecasts.
Nissan could not immediately provide recent annual sales…
Lexus is ready to sell a million EVs — but how to build them?
Lexus is moving its global brand headquarters to the Toyota Technical Center Shimoyama here in 2024 to better design cars for the swing to EVs.The center plays a critical role in Lexus' vision pronounced late last year to transform itself…
BMW, Mercedes launch key EVs to battle hot-selling Tesla
Zipse highlighted the i7's spaciousness — one of the "mandatory needs" for luxury segment customers. The seventh-generation 7 Series has grown in length, width and height. The wheelbase is longer, creating roomier rear seating. "It's about…
Tesla Model S beats Ford Mustang Mach-E for No. 3 spot in EV registrations
Tesla's Model S performance sedan has returned to the top tier of new electric vehicle registrations in the U.S. at No. 3 for the first two months of the year, displacing the Ford Mustang Mach-E that held the spot for 2021.
The Model S and…
Honda: 800,000 EVs built in North America by 2030
This month, Honda announced it would team up with GM to sell millions of co-developed "affordable" EVs. And last month, Honda said it will partner with Japanese electronics giant Sony Corp. to market co-developed EVs from 2025.The 2…
Ferrari will recall cars globally on braking issues
Shares in Ferrari tumbled the most in more than two weeks after the sports car maker confirmed it will recall thousands of supercars due to problems with their braking system.
“Vehicles involved in this recall campaign are equipped with a…
Some BMW X3 production may move to Mexico
The X3's U.S factory, BMW's largest auto assembly plant globally, is the 7-million-square-foot plant in Greer, S.C., near Spartanburg. It also builds the X4, X5, X6 and X7 utility vehicles, and is a global production hub for crossovers.But…
Rivian supplier BOS Automotive Products to invest $1.1 million
BOS Automotive Products Inc. is planning to invest $1.1 million and create 50 jobs to expand production at its plant in Rochester Hills, Michigan, about 30 miles North of Detroit.
The expansion will support a contract with Rivian…
Ferrari will recall 2,222 cars in China on braking issues
SHANGHAI -- Ferrari will recall 2,222 cars in China due to a potential fault in its braking systems, China's market regulator said.
Starting from May 30, the automaker will recall some cars imported between March 2010 and March 2019…
Renault eyes possible IPO for separating its EV business
PARIS -- Renault said that "all options are on the table" for separating its electric-vehicle business, including a possible public listing in the second half of 2023.
Thierry Pieton, Renault's finance chief, said that any plans were…
Honda to cut output at Japan assembly plants as chip shortage grinds on
The company said the persistent semiconductor shortage as well as uncertain geopolitical affairs have caused delays in logistics and parts delivery.
The Suzuka plant produces the Fit, N series mini-vehicles, as well components to Honda's…
To hear the quiet of new EVs, Honda brings on the wind
During testing, vehicles sit on a turntable, or module, that contains either a five-belt rolling road — one belt under each tire and one under the center of the vehicle — or a wider single-belt system under the vehicle. The maximum speed…
Ford drops 3-door Fiesta in electric car shift in Europe
Ford builds the Fiesta for Europe at a factory in Cologne, Germany. The automaker is investing $1 billion in a new EV manufacturing center at the plant as part of a plan to switch its European passenger vehicle lineup to full-electric…
China risks becoming ‘digital island’ over restrictive data rules, business group warns
The moves have also rattled investors, and last month analysts at JPMorgan Chase & Co. called the Chinese internet sector “uninvestable,” partly due to regulatory worries.
“Like most governments, Beijing is still figuring out how to…
Maruti Suzuki XL6 2022 Launched in India at Rs 11.29 Lakh
Maruti Suzuki has officially launched the all-new XL6 today in India at Rs 11.29 lakh(ex-showroom). The latest Maruti Suzuki XL6 gets a strong SUV-like design with significant exterior upgrades, including a front…
BMW Announces New Electric i7 xDrive60 Luxury Sedan
San Francisco: Luxury automobile manufacturer BMW on Wednesday announced a new electric 7 series luxury sedan -- i7 xDrive60 -- with an estimated range of "up to 300 miles". The company said that the all-electric…
Shanghai’s manufacturing plant restarts fall short due to lack of truckers, parts
Even those companies in China whose factories are operating under so-called closed-loop systems might be forced to stop work due to parts shortages or logistical challenges that make moving people and goods around the country near…
Toyota to invest $383M to build 4-cylinder engine, parts
Toyota Motor North America said Tuesday it will invest $383 million across four plants in the United States to prepare for what appears to be a new four-cylinder engine variant for traditional and hybridized powertrains.
Toyota vehicles…
Ferrari expands plug-in hybrid lineup with 819-hp 296 GTS targa
Ferrari said designers and engineers were careful to integrate the retractable top system to preserve performance and efficiency.
The folding roof splits into two sections that lay flush over the front of the engine bay, thus maintaining…
Rivian CEO: Parts crunch won’t affect company’s bright future
While parts scarcity has forced Rivian to be hyper-focused on short-term supply chain issues, that hasn't stopped the startup from moving forward on ambitious plans for a second factory near Atlanta, and expanding vehicle features,…
Microchip output slumps as COVID lockdowns upend supply chains
China’s quarterly production of semiconductors shrunk for the first time since early 2019 as consumer electronics demand softened and COVID-triggered lockdowns in regions including Shanghai disrupted output.
Output of integrated circuits…
Massive Stellantis-LG $4 billion EV battery plant in Canada will ‘create a new supply…
The battery factory will spur investment in a homegrown EV supply chain, including mineral extraction and refining, final assembly of batteries and EVs, and battery recycling, said Volpe.
Indeed, LG Energy is already scouting further…
Rivian CEO RJ Scaringe says temporary parts crunch won’t affect company’s bright future
While parts scarcity has forced Rivian to be hyper-focused on short-term supply chain issues, that hasn't stopped the startup from moving forward on ambitious plans for a second factory near Atlanta, and expanding vehicle features,…
Temporary parts crunch won’t affect Rivian’s bright future, says CEO RJ Scaringe
NORMAL, Ill. — Rivian Automotive's modern factory in Central Illinois could pump out far more R1T pickups, R1S SUVs and Amazon delivery vans except for the shortage of a few key parts. But its slow-motion production ramp doesn't threaten…
Passenger Vehicle Exports From India Rise 43% in FY22; Maruti Suzuki Leads Segment
New Delhi, April 18: Passenger vehicle exports from India increased 43 per cent in FY22, with Maruti Suzuki India leading the segment with dispatches of over 2.3 lakh units, as per the latest data by industry body…
GM-Honda just the one of many tie-ups proving Sergio Marchionne was right
His basic premise was this: Manufacturing mass-market automobiles was too expensive to do alone, and only through massive scale could shareholders receive an adequate return on their investments. The most efficient way to achieve that…
From algae to zinc, Toyota Ventures’ latest investments seek tech to counter climate changes
Coca, who joined Toyota Ventures in September, has cultivated that crop. During the past two months, Toyota Ventures, the early-stage venture capital arm of its namesake automaker, has invested in five startups from its $150 million…