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BREAKING NEWS
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Browsing Category
auto
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…
Apple Car 3D Concept Renders Leaked Online, Likely To Debut in 2025
Apple is working on its first electric car for a while now. The project name of Apple's electric car is reportedly codenamed 'Project Titan'. As per Bloomberg's Mark Gurman, the company has made considerable…
Proposed GM battery plant in Mich. wins first round of tax break
The city council in Lansing, Mich., moved quickly Monday to endorse property tax breaks for General Motors Co. to build a $2.5 billion battery plant for electric vehicles adjacent to an existing Delta Township assembly plant in neighboring…
Great Wall withdraws interest in Spain’s Nissan plant
BARCELONA -- Chinese automaker Great Wall Motor has withdrawn its interest in taking over Nissan's main plant in Barcelona, which is scheduled to shut by year-end, the Spanish government and Nissan unions said on Monday.
Coming just weeks…
BMW to assemble X5 in China
BERLIN -- BMW will build the X5 midsize luxury utility vehicle -- currently produced in the United States -- in China, a company spokesperson said on Monday.
"To satisfy the strong worldwide demand for the BMW X5, we are expanding our…
Daimler says BAIC will not hike 9.98% stake in German automaker
BERLIN -- Daimler's Chinese shareholder BAIC Group, has agreed not to further increase its stake in the Mercedes-Benz maker beyond the 9.98 percent stake it has held since 2019, Daimler said.
Daimler said it holds a 9.55 percent stake in…
Great Wall withdraws interest in Spain’s Nissan plant, unions say
BARCELONA -- Great Wall Motor has withdrawn its interest in taking over Nissan's main plant in Barcelona which is scheduled to shut by year-end, the automaker's unions said on Monday.
Great Wall, Spain's Industry Ministry and Catalonia's…
CARGLOSS: Your One-Stop Solution for All Your Car Detailing Services
A few years back, owning a car was a sign of prosperity and a luxurious life. At that time much importance was not given to the car detailing services due to the triviality of car detailing back then. But now the…
NHTSA probes Nissan Pathfinders for hoods that could open while driving
WASHINGTON — NHTSA has opened an investigation to assess potential safety risks in more than 325,000 Nissan Pathfinder midsize crossovers from the 2013 to 2016 model years.
The agency's Office of Defects Investigation said it has received…
2021 CADIA Impact Award winners recognized for diversity, equity and inclusion achievements
Q: APMA has created a $7 million Equity, Diversity and Inclusion Fund. What is its purpose, and what has it accomplished?
A: Flavio Volpe, APMA president: The challenges of an aging work force in Canada's automotive sector have heightened…
Ford recycles ocean plastics | Automotive News
Ford Motor Co. is turning ocean debris into auto parts.Ford says it's the first automaker to recycle ocean-harvested plastics into parts for production vehicles. It's using discarded nylon fishing nets, also called "ghost gear," to make…
Tesla self-drove into barrier, New York Times report claims
"The route taken by the car had been charted ahead of time by software that created a three-dimensional digital map, a feature unavailable to drivers using the commercial version of Autopilot, according to two former members of the…
Ford Reportedly Planning To Increase Production of Mustang Mach E by 2023
San Francisco: US auto major Ford is reportedly planning to increase production of the all-electric Mustang Mach E next year to triple its current capacity by 2023 to meet the "incredible demand", as per CEO Jim…
Damage caused by Kentucky tornado forces GM to halt Corvette production for a week
General Motors' Chevrolet Corvette plant in Bowling Green, Ky., will be down this week for repairs after a tornado started a fire at the plant early Saturday, the automaker said.Several tornadoes tore through six states Friday and…
Honda, Ohio aim to make smart-mobility corridor even smarter with more connected-cars
State, county and municipal government fleets in Ohio, as well as private citizens who volunteer to participate, are expected to add hundreds more connected vehicles — specially equipped to test new advanced driver-assistance systems —…
Automotive News live talk Dec. 15: Challenges of the new EV supply chain
Join Automotive News at noon EST Wednesday, Dec. 15, for a live talk on the new, complex supply chain facing automakers as part of their electric vehicle ambitions. Tune in to our LinkedIn and Facebook pages to be part of the discussion…
Why Toyota’s North Carolina battery plant could spark more local investment
In October, Toyota said it would invest $3.4 billion in the U.S. over the next nine years to develop and localize automotive battery production, including those for EVs that would be made locally instead of in Japan.
The U.S. investment is…
GM considers more than $3 billion in battery, EV investments in Michigan
GM and LG have filed a tax exemption document with the City of Lansing through the Ultium Cells joint venture, records show. The document outlines a four-year construction timeline to be completed by Dec. 31, 2025.
Bob Trezise, president…