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Browsing Category
auto
Chip shortage remains bottleneck in 2022
In a report on the market outlook, international consulting firm Kearney said: "Today's applications built on mature node semiconductors will, over time, move to more advanced nodes purely because of the advantages that a more advanced…
Ferrari signs deal with tech firm Velas to create digital products for fans
Ferrari has signed a multi-year accord with Swiss technology firm Velas Network to create digital content for its fans.
Starting next season, Velas, a provider of digital products and services, will become a partner of Ferrari's Formula 1…
The latest numbers on the microchip shortage: Estimate of projected lost vehicle production in North…
AutoForecast Solutions has kept track of the microchip shortageтАЩs impact on assembly plants across the globe since the beginning of the year. Here are the projected production cutbacks on lines in North America, as of Dec. 17.
Automotive News’ top stories of 2021
Nothing could be crazier than 2020, we all innocently thought as Kia towed the big "2021" numerals into an empty Times Square.Back then, chips were just tasty but unhealthy snacks. Cars and trucks lost value when they left the dealership…
BYD, Daimler set to retool Denza EV venture
BEIJING -- Daimler and Chinese partner BYD signed an equity transfer agreement to restructure their China EV venture, Denza.
Daimler said its holdings in Denza will be reduced to 10 percent, and BYD will hold the remaining 90 percent…
TVS Apache RTR 165 RP Launched in India, Check Price & Other Details Here
New Delhi: TVS Motor Company on Thursday said it has launched Apache RTR 165 RP, tagged at Rs 1.45 lakh (ex-showroom), as the first product under its Race Performance (RP) series. The 164.9-cc motorcycle generates…
How the supply chain crisis changed the balance of power in automaker-supplier relations
Typically, the only shakeup would come from automakers putting pressure on suppliers to cut costs.
"It's been amazing," Sharkey said. "Some have taken a surprisingly generous view and they've been actually giving price increases. Now,…
Year Ender 2021: Top 5 Cars Launched in India This Year
As compared to 2020, this year has been a recovering one despite challenges like COVID-19 second wave and semiconductor chip shortage. Despite these challenges, carmakers launched new products to keep the momentum…
Hyundai To Unveil Its Future Mobility Vision Based on Robotics Technologies at CES 2022
Seoul: Hyundai on Thursday announced it will unveil its future mobility vision based on robotics technologies at an upcoming international consumer electronics event in the US, reflecting its drive for a transition…
Tesla, authorities submit documents for German plant approval
BERLIN -- Tesla and relevant authorities have submitted all the documents necessary for the approval process for the automaker's planned factory near Berlin, the environment ministry of the German state of Brandenburg said.
The approval…
Geely, Renault plan JV targeting hybrids, report says
BEIJING -- Geely Holding and Renault are likely to soon announce a deal to jointly produce the Chinese automaker's hybrid vehicles in South Korea and look at possibly exporting cars duty-free to the United States, three people familiar…
Ford recalls nearly 185,000 F-150s for driveshaft fracture hazard
Ford Motor Co. is recalling 184,698 F-150 vehicles from the 2021 and 2022 model years because the driveshaft, which transfers torque to other parts of the vehicle, may become fractured.
In a safety recall report filed with NHTSA, the…
Nikola’s year has seen delayed products, stock price drops and a cash shortage
Nikola Corp. entered this year with ambitions to start full production of a battery-powered semi-truck, make progress on a fuel-cell big rig and break ground on a network of hydrogen fueling stations.
It's going into 2022 with those and…
GM to provide EV components across industries
DETROIT тАФ General Motors plans to provide electric components across industries to expand its electrification technology to a larger group of commercial customers, the automaker said Wednesday.
The automaker will begin introducing electric…
David Beckham and Maserati Centro Stile to Build the MC20 Fuoriserie Edition
New Delhi, Dec 18: Beckham and the Maserati Centro Stile designers collaborated to build the MC20 Fuoriserie Edition for David Beckham after a bespoke and collaborative design process. This car is made completely of…
Why Michigan’s governor just signed a $1.5 billion economic development ‘toolkit’
Michigan Gov. Gretchen Whitmer, alongside Senate Majority Leader Mike Shirkey and other political dignitaries in Detroit, on Monday signed a package of bills to create a pair of funds totaling $1.5 billion for business development and aid…
Philadelphia Woman Reportedly Gives Birth in TeslaтАЩs Front Seat While on Autopilot
San Francisco: A women in the US gave birth to what is believed to be the world's first Tesla baby - an infant delivered in the front seat of Elon Musk-owned electric car Tesla while it was driving on autopilot…
Ferrari reorganizes leadership; 3 top execs to leave
Ferrari said three top executives will leave the automaker as it implements a new organizational structure.
Chief Technology Officer Michael Leiter, Chief Manufacturing Officer Vincenzo Regazzoni and Chief Brand Diversification Officer…
Ford EV demand forces delays
Ford doesn't plan to build the Explorer and Aviator EVs alongside their gasoline-powered counterparts in Chicago because that plant is near capacity with no room for expansion. A new EV assembly plant that will be part of the massive Blue…
Sen. Joe Manchin says no to Biden’s Build Back Better agenda, killing momentum for EV tax…
The challenge for the White House and Majority Leader Chuck Schumer will be determining whether Manchin's announcement is a hard-nosed negotiating tactic to make deep changes to the bill or is truly the end of the line.
Senate Budget…
Here are the top 10 North American automaker factory projects of 2021
If auto factory investments were hobbled in 2020 by COVID-19-related fears and global business uncertainties, 2021 could be called the year when automakers made up for lost time. The auto industry came out of its pandemic doldrums,…
Automakers spending big on new factories
If auto factory investments were hobbled in 2020 by COVID-19-related fears and global business uncertainties, 2021 could be called the year when automakers made up for lost time. The auto industry came out of its pandemic doldrums,…
MG Motor India Becomes First Carmaker To Introduce NFT Collection
MG Motor India has become the first car maker to introduce NFT (Non-fungible token) collection in the country. The MG NFT will be made available for sale from December 28, at 12 noon, with 1111 units of digital…
EV startup Rivian to build $5 billion plant in Georgia
With a market value of almost $93 billion, Rivian made its Nasdaq debut last month in the world's biggest initial public offering of 2021. Rivian raised almost $14 billion in the IPO to fund future growth on top of the $10.5 billion it had…
Toyota ups EV commitment; Lexus will be all-electrified brand
EVs still only account for a small portion of light vehicle sales, but the market is growing rapidly, with new registrations up 41 percent in 2020 even as the global auto market contracted by a sixth that year.
In November, Toyota declined…
EV startup Rivian to build $5 billion plant in Georgia, posts quarterly loss
Amazon-backed electric vehicle startup Rivian Automotive Inc. on Thursday said it will build a $5 billion plant in Georgia, its second U.S. assembly plant, as it looks to expand production.
The new plant will employ more than 7,500 people,…
Toyota updates lost production toll in Japan
TOKYO -- Toyota Motor Corp. says lost production from the latest stoppages at Japanese plants will now total about 14,000 vehicles in December, up from 9,000 units it flagged on Friday.
Output has been halted at some factories in Japan as…
Toyota launches $70B EV push; Lexus will be all-electric brand
TOKYO -- Toyota Motor Corp. committed 8 trillion yen ($70 billion) to electrify its lineup by 2030, half of it to develop a battery electric vehicle lineup, as it looks to tap a growing market for zero-emissions cars.
But the world's…
Elon Musk-Owned Tesla Now Has 7 EV Variants Approved for Homologations in India
New Delhi: Elon Musk-owned electric vehicle company Tesla has received approval for three more trims of its electric vehicles in India, bringing the total to seven versions approved in the country, media reports…
Toyota will have lineup of 30 full EVs by 2030; Lexus will be all-electric brand
TOKYO -- Toyota said it would invest 4 trillion yen ($35 billion) to build a lineup of 30 battery electric vehicles by 2030 as the automaker looks to tap the growing market of zero emission vehicles.
The investment will be part of an…