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Browsing Category
auto
Ferrari opts for V-12 engine for Purosangue SUV
MILAN — Ferrari's first SUV, the Purosangue, will be powered by the brand's powerful 12-cylinder engine when it is launched in coming months, CEO Benedetto Vigna said.
"We have tested several options, it was clear that the V12, for the…
Toyota launches AI devices on the assembly line to boost efficiency
Kaizen, or continuous improvement, efforts are at the core of the Toyota Production System. All over the world, Toyota team members and managers search for every small improvement they can identify to eliminate a wasteful motion or a…
Aston Martin replaces CEO Moers with ex-Ferrari boss Felisa
Stroll told Reuters that Moers had stabilized the company when it "needed immediate manufacturing, operation attention," but now Aston Martin needed a CEO to "focus on the bigger picture."
"Nobody knows how to make ultra-luxury performance…
Apple Reportedly Hires Veteran Ford Executive Desi Ujkashevic for EV Car Project
San Francisco: Apple has reportedly hired veteran Ford executive Desi Ujkashevic, as the iPhone maker plans to launch an electric car in 2024. Multiple reports claimed that Ujkashevic, who is Ford's global director…
Lear Q1 earnings: Adjusted net income plunges to $108M as inflation, industry headwinds slam…
"Because of the volatility around volume production, changes in schedules, those types of things, we looked at how we could combine different administrative roles between e-systems and seating," Scott said.
Lear optimized efficiency by…
Former Tesla engineer wants to manufacture next-generation battery materials in U.S.
SAN FRANCISCO - A battery startup founded by a former Tesla engineer announced Tuesday plans for U.S.-based mass production of next-generation materials aimed at cutting costs, boosting driving ranges and reducing the industry's reliance…
GMC adds high-end Denali Ultimate trim to 2023 Yukon
DETROIT — The 2023 GMC Yukon will be the brand's second nameplate to get the ultra-high-end Denali Ultimate trim, as average transaction prices continue to rise across the industry.
The Yukon Denali Ultimate is slated to go on sale this…
Hyundai and Vitesco ink $2.1B deal for electric-drive units for smaller cars
Initially the order is for a 400 watt/160 kilowatt unit, but Vitesco says the EMR4 system is scalable and can be used across segments on the same platform. It has a power range of 80 to 230 kw, compared with a narrower range of 120 to 150…
Rivian scores $1.5 billion in incentives to build its EV plant in Georgia
Electric-pickup maker Rivian Automotive Inc. is slated to receive $1.5 billion in state and local incentives to build an assembly plant near Atlanta, bolstering the company's production efforts despite local resistance to the project.
The…
BMW, Mercedes, selling car-sharing business to Stellantis
Brigitte Courtehoux, who heads Stellantis' mobility division Free2move, said the deal was part of the group's plans to grow net revenue from that business to 700 million euros ($735 million) in 2025 and to 2.8 billion euros in 2030, up…
Tesla in India: Manufacturing Cars in the Country Will Also Benefit Elon Musk, Says Nitin Gadkari
New Delhi: Reiterating his stand on Tesla manufacturing in India, Union Road Transport and Highways Minister Nitin Gadkari on Monday said that if Elon Musk comes to the country and makes Tesla cars here, that will…
Why Stellantis is committing $2.8 billion in new EV investments to Canada
On the R&D front, Stellantis said it will modernize its Automotive Research and Development Centre in Windsor by expanding and building two "Centres of Competency."
“The electric vehicle and battery pack testing centres of competency…
VW to use Qualcomm chips for autonomous vehicles
BERLIN - Volkswagen Group has set up a partnership with U.S. chip maker Qualcomm to develop automated driving technology, Handelsblatt reported.
The automaker will use Qualcomm's system-on-a-chip, developed specifically for automomous…
Why Stellantis is committing $2.5 billion in new EV investments to Canada
On the R&D front, Stellantis said it will modernize its Automotive Research and Development Centre in Windsor by expanding and building two "Centres of Competency."
“The electric vehicle and battery pack testing centres of competency…
Detroit auto show sponsorships pacing up after lull since 2019
Sponsor interest for the return of the North American International Auto Show in Detroit has been "exceptionally high" due to the pent-up demand from the hiatus of one of the city's largest events, according to organizers.
There are…
Porsche and Audi have decided to join Formula One
BERLIN -- Volkswagen Group's premium brands, Audi and Porsche, have decided to join Formula One, VW Group CEO Herbert Diess said.
Audi is ready to offer around 500 million euros ($556.30 million) for British luxury sports carmaker McLaren…
VW to use Qualcomm chips for automnomous vehicles
BERLIN - Volkswagen Group has set up a partnership with U.S. chip maker Qualcomm to develop automated driving technology, Handelsblatt reported.
The automaker will use Qualcomm's system-on-a-chip, developed specifically for automomous…
Ukraine gets 50 Chevy Tahoes, 50 Ford Rangers
The Ukrainian government now has a fleet of 50 Chevrolet Tahoes and 50 Ford Rangers to help transport its citizens out of danger, thanks to donations from their manufacturers.
General Motors gave the full-size SUVs to the Ukrainian…
German auto industry braces for Russian gas disruption as Ukraine war continues
BERLIN — German automakers and suppliers said they are preparing for the possibility that Russia will cut off their gas supplies as a result of the Ukraine conflict.Gazprom, the large Russian state energy company, fired a warning shot last…
2022 Kawasaki Ninja 300 Launched in India; Priced at Rs 3.37 Lakh
Kawasaki has launched the updated Ninja 300 in the Indian market. Priced at Rs 3.37 lakh, the refreshed model is significantly costlier over the previous model, as it was priced at Rs 3.37 lakh (All prices…
Skoda Kushaq Ambition Classic Variant Introduced in India; Check Prices & Other Details
Skoda Auto India has launched a new Ambition Classic variant of the Kushaq compact SUV. With the rivalry increasing in the compact SUV space, the Czech automaker went ahead with a new variant to bolster the Kushaq's…
Germans brace for a Russian gas disruption as Ukraine war continues
BERLIN — German automakers and suppliers said they are preparing for the possibility that Russia will cut off their gas supplies as a result of the Ukraine conflict.Gazprom, the large Russian state energy company, fired a warning shot last…
New Honda City e:HEV Hybrid India Launch Set For May 4, 2022
Honda Cars India will officially announce prices of the City e:HEV in the country on May 4, 2022. It will be the first hybrid model in the compact sedan segment. The automaker is already accepting pre-bookings for…
Tata Avinya EV Concept Makes Global Debut; Expected To Arrive in India by 2025
Tata Motors-owned Tata Passenger Electric Mobility (TPEML) today officially revealed the Avinya EV concept. As per the homegrown automaker, the EV derives its name from the Sanskrit language which stands for…
Toyota Glanza, Urban Cruiser Sub-Compact SUV To Become Expensive From May 1, 2022
Toyota will increase the prices of select models in the Indian market from May 1, 2022. According to a statement released by the Japanese carmaker, its Glanza premium hatchback and Urban Cruiser Sub-Compact SUV will…
Lucid CEO got more than $260 million before the stock fell 67%
A short-lived surge in Lucid Group Inc.'s share price last year allowed CEO Peter Rawlinson to collect more than $260 million in performance-based awards.Shares of the electric automaker, founded in 2007, have since plunged by two-thirds…
Shanghai plants struggle to reboot as virus lockdowns drag on
SHANGHAI — Companies reopening factories in locked-down Shanghai are booking hotel rooms to house workers and turning vacant workshops into on-site isolation facilities as authorities urge them to resume work while complying with tough…
Mercedes will use Faurecia’s Aptoide infotainment technology
PARIS -- Mercedes-Benz will use embedded Faurecia's Aptoide technology to power navigation and other vehicle infotainment functions in a crucial win for the app provider against Google and other technology firms to control car dashboards.…
Musk unloads $4 billion worth of Tesla stock
Elon Musk sold about $4 billion worth of Tesla Inc. stock days after reaching a $44 billion deal to buy Twitter Inc.
The Tesla chief executive officer offloaded 4.4 million shares April 26 and April 27, according to regulatory filings.…
Across China, cities crack down to avoid virus surge, upending business
Cities across China are rolling out swift measures from mass-testing drives to lockdowns for just a mere handful of COVID-19 cases, aiming to keep flareups at bay and avoid the economic and social hardship endured by Shanghai.
The…