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auto
Rivian to hold employee meeting Friday to address layoffs, restructuring
Scaringe said the company has begun to "assess the size and structure of our teams" and will be "as thoughtful as possible as we consider any reductions" in employee head count.
Rivian carried about $16 billion in cash at the end of the…
Mercedes starts German trial over alleged cheating on diesel tests
The lawsuit seeks to set a precedent that would enable owners of Mercedes GLC and GLK vehicles to gain compensation for software that was allegedly used to trick emissions tests.
The lawsuit covers nearly 50,000 GLC and GLK models and was…
Hyundai Motor To Build Dedicated EV Plant in South Korea by 2025: Report
Seoul: The union of Hyundai Motor said on Tuesday it has tentatively agreed with the company to build a dedicated electric vehicle (EV) plant in South Korea by 2025 amid a global electrification push. Hyundai and…
Rivian targeting hundreds of job cuts following surge in staffing, report says
Rivian Automotive Inc. is planning hundreds of layoffs to trim its workforce in areas where the electric-vehicle maker has grown too quickly, people familiar with the matter told Bloomberg.
The cuts will focus on nonmanufacturing roles,…
Audi EV plant construction begins in China with production goal of 150,000 EVs a year
Audi is not the only major global luxury brand accelerating EV production in China. BMW last month opened a new assembly plant in the northeast China city of Shenyang along with local partner Brilliance Automobile Holdings Group Co. That…
Maruti Suzuki Grand Vitara Bookings Open; To Be Unveiled on July 20, 2022
Maruti Suzuki Grand Vitara bookings are now open in India. Customers can pre-book the Grand Vitara at any NEXA showroom or via Nexa website with an initial payment of Rs 11,000. In addition to this, the carmaker…
Volvo to build first new European auto plant in 60 years
However, Geert Bruyneel, Volvo's head of global manufacturing, told Automotive News Europe that the vehicle architecture used at the new plant "will be a successor to SPA2," the automaker's newest electric-only architecture that will…
Automotive Hall of Fame exhibit will recognize American Americans achievements
General Motors, whose vice president of corporate giving, Terry Rhadigan, sits on the museum's board, made a $500,000 grant to the museum to support development of the exhibit and educational program, "Black Innovation, Invention and…
Chevrolet Express, GMC Savana expected to go EV in ’26
General Motors' venerable commercial vans, the Chevrolet Express and GMC Savana, will likely go electric in 2026, forecasters say.
Production of the vans is expected to remain at GM's plant in Wentzville, Mo., when they become electric…
Volkswagen unveils new Amarok pickup, based on Ford Ranger
VW has positioned the Amarok as a premium pickup, and has added safety and convenience features. Among them are more than 30 advanced driver assistance system functions, 20 of which are new to the Amarok, including park assist and speed…
President Biden must support U.S. manufacturing through trade
International automakers account for 47 percent of all vehicles produced in the U.S. and 55 percent of all-new vehicle sales. What's more, international automakers are responsible for $22 billion in annual vehicle exports: More than…
Auto companies need a first-party data strategy
Every winter, the holidays take many of us by surprise. The Yuletide season arrives the same time each year — we know it's coming — and yet we annually find ourselves at the last possible moment raiding the shopping malls and scouring the…
Hard to gauge the impact of a potential recession on the auto industry
While policymakers debate whether a U.S. recession is inevitable, the real question for many in the auto industry should be whether it's relevant.
It sounds preposterous on the face of it because for generations, the industry has been a…
BMW, BASF say new vehicle paints will be eco-friendly
It's clean, it's environmentally kind and it's utterly indistinguishable from ordinary car paint.
But sometimes a technological innovation just makes you blink.
BMW and the global coatings supplier BASF are partnering to create vehicle…
Ford, VW-Backed Argo AI Startup Lays Off 150 Employees
San Francisco: As recession fears grow, the US-based autonomous vehicle technology startup Agro AI, backed by Ford and Volkswagen, has laid off about 150 people and slowed the pace of hiring, making it the latest…
Volkswagen To Invest Over $20 Billion To Build Electric Vehicle Batteries
Berlin: German automaker Volkswagen will invest $20.38 billion to build electric vehicle (EV) batteries, creating 20,000 jobs and generating more than $20 billion in annual sales. Volkswagen broke the ground for its…
Chip shortage? Some industries now have too many
It's getting complicated for investors in semiconductor stocks, with last year's big chip shortage morphing into an inventory glut for some companies, and others getting caught up in geopolitics.
The COVID-19 pandemic spurred an…
VW eyes ‘big moves,’ attempting to boost digital offerings, software team
Volkswagen Group is planning major investments in China to employ “several thousand” software engineers and catch up with local rivals when it comes to equipping cars with the latest digital technology, CEO Herbert Diess said.
“It's…
Chip shortage? Some industries have too many
It's getting complicated for investors in semiconductor stocks, with last year's big chip shortage morphing into an inventory glut for some companies, and others getting caught up in geopolitics.
The Covid-19 pandemic spurred an…
VinFast partners with ProLogium on solid-state EV batteries
Vietnamese automaker VinFast, which expects to launch two electric vehicles in the U.S. market this year, is partnering with Taiwanese battery startup ProLogium Technology on solid-state EV batteries for delivery as early as 2024, VinFast…
Slow progress made on microchip shortage as delivery times fall in June
Susquehanna said that leading or predictive company-specific data show contractions in lead times for the second month in a row, with some declines of as much as 45 percent. Some of the largest declines were for microcontroller units, or…
Rivian ramps up deliveries to 4,467 EVs in Q2
Rivian Automotive Inc. said on Wednesday it delivered 4,467 vehicles in the second quarter, a sequential rise of nearly four times, as a ramp-up in production and red-hot demand helped the startup electric-vehicle maker.
Shares of the…
VW, Skoda ending output at Russian plant, union says
MOSCOW – Volkswagen Group will stop output in Nizhny Novgorod, Russia, where VW and Skoda cars were being assembled under contract with GAZ Group, a trade union said, citing the company's message to the plant's staff.
VW announced in March…
Ola Reportedly Plans To Lay Off Up to 500 Employees in Cost-Cutting Exercise
New Delhi: As Bhavish Aggarwal focuses his energies towards Ola Electric, the ride-hailing platform Ola is planning to lay off up to 500 employees across departments as it aims to cut cost and streamline operations…
New EV training center at UM gets $130 million from state
The project's existence came to light Friday following Michigan lawmakers' approval of a $77 billion budget that included $1 billion in earmarks. The largest appropriation – $130 million – was made for the new EV training center.
The…
Ola Electric, Okinawa & Others Asked To Show Cause Notices by Centre After EV Fire Incidents
New Delhi: Alarmed at the unabated EV fire incidents, the Centre has now sent show cause notices to EV manufacturers like Ola Electric, Okinawa Autotech and Pure EV, among others, warning them why a penal action…
Tesla Cars Can Now Scan for Potholes To Avoid Damage: Report
San Francisco: Electric vehicle company Tesla has confirmed that its vehicles can now scan for rough roads, like potholes, to help avoid them damaging the vehicles by adjusting the suspension. In a new 2022.20…
Andhra Pradesh: PM Narendra Modi Gets Unusual Gift From CM YS Jagan Mohan Reddy
Bhimavaram, July 4: Andhra Pradesh Chief Minister Y.S Jagan Mohan Reddy on Monday presented an unusual gift to Prime Minister Narendra Modi at the launch of the 125th birth anniversary celebrations of revolutionary…
EV standoff like TV standoff when sets went from black and white to color
TO THE EDITOR:
The subject of electric vehicles is mesmerizing. Omari Gardner's "I was going to wait to get an EV, but the time to switch is now" (autonews.com, June 18) brought to mind what happened during the advent of color TV. The…
Tesla reportedly tracks workers’ office attendance, says Business Insider
Tesla Inc. has begun tracking how often its employees show up at the office after CEO Elon Musk said he was no longer allowing widespread remote work.
Business Insider reported last week that the automaker was sending emails to employees…