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Browsing Category
auto
Elon Musk to Tesla employees: Return to the office or get out
Elon Musk has had it with this whole working-from-home business.The Tesla CEO sent an email late Tuesday to "Everybody" at his electric-car company, elaborating on an earlier missive to executive staff about the need to be in the office.…
Ford CEO Jim Farley predicts industry consolidation: ‘There’s a shakeout coming’
Farley said some smaller, traditional automakers simply won't be able to afford the transition and that EV startups' portfolios will get "simpler" over time.
"I just don't see the addressable market these companies are going after being…
Stellantis aims to avoid shortage of EV batteries
Tavares said he expects batteries to be in short supply by 2024 or 2025, followed by a deficit in the raw materials needed for EVs in 2027 or 2028.
"The speed at which we are trying to move all together for the right reason, which is…
Rimac Group raises $537M to build EVs, Porsches and Bugattis
Formed in January, Rimac Group is an umbrella company holding a 55 percent stake in Bugatti Rimac and 100 percent of Rimac Technology, an independent subsidiary formed in January. (Bugatti Rimac owns 100 percent of Rimac Automobili, the…
Kia India Records 69% Rise in Sales With 18,718 Units in May 2022
New Delhi: Automaker Kia India on Wednesday said its sales increased 69 per cent year-on-year to 18,718 units in May. The company had dispatched 11,050 units to dealers amid second wave of COVID-19 in May 2021. The…
VW CEO Diess defends operations in Xinjiang
He said any evidence of wrongdoing at the Xinjiang plant would be met with a "massive" response, according to the report.
Germany's Economy Ministry has refused to provide VW with guarantees to cover new investments in China because of the…
How Mercedes-Benz plans to ‘restart’ Maybach ultraluxury brand
Maybach says it has a plan to conjure something that will appeal to the world's moneyed class even if it cannot draw from an esteemed (or, at least, consistent) pedigree. First, it keeps the cars just out of reach.
"The purpose of Maybach…
Fire at Rivian plant in Illinois under investigation
A defective battery pack caught fire over the weekend at the Rivian Automotive Inc. plant in Normal, Ill., leading to the evacuation of the portion of the plant where battery packs are tested for the automaker's electric vehicles, Electrek…
Rivian manufacturing exec departs in management shuffle, reorganization
“This is an important time for our growing business, all of which is happening in an extremely challenging environment,” Scaringe wrote. “We are well-positioned for long-term success, but we must continuously evaluate how we operate.”…
How Stellantis plans to avoid a shortage of EV batteries
Tavares said he expects batteries to be in short supply by 2024 or 2025, followed by a deficit in the raw materials needed for EVs in 2027 or 2028.
"The speed at which we are trying to move all together for the right reason, which is…
Rivian, Hyundai make Georgia a major auto player
In just the past six months, Georgia has scored twin wins that will deliver more than $10 billion in auto industry investment and more than 15,000 assembly jobs.In late December, California-based EV upstart Rivian announced a $5 billion…
Tesla in India: Elon Musk Says ‘No Plant Where Sell of Imported Cars Not Allowed’
Texas, May 28: Hinting that Tesla will not put a manufacturing plant in India the carmaker's chief executive officer (CEO) Elon Musk said on Friday tweeted that until the company is first allowed to sell and service…
GM’s next workplace safety chief to rejoin automaker after 18 months at Amazon
DETROIT-- General Motors' next vice president of global workplace safety will rejoin the automaker after 18 months at Amazon.
Marcos Purty will take on the role, effective June 1, replacing Jim Glynn, who will retire after more than 40…
Rivian manufacturing chief departs in management shuffle, reorganization
“This is an important time for our growing business, all of which is happening in an extremely challenging environment,” Scaringe wrote. “We are well-positioned for long-term success, but we must continuously evaluate how we operate.”…
Toyota cuts June output plan again as China lockdowns bite
The automaker said it now expected to produce about 50,000 fewer vehicles in June, for a total of about 800,000, due to the lockdown in Shanghai. It had already cut its plan for the same month by 100,000 vehicles on Tuesday, citing the…
Tesla submits application to expand German plant, report says
BERLIN – Tesla Inc. has submitted an application to build on a further 247 acres east of its plant in Germany, expanding the site's area by a third, a local media outlet reported, citing the local mayor.
The automaker, which already has…
BMW’s Mexico plans could include EVs
BMW's $1 billion Mexico assembly plant could become the automaker's first dedicated electric vehicle production center.
A source familiar with BMW's product plans said the automaker is set to begin manufacturing the next-generation 3…
Hyundai’s Jose Muñoz works through supply challenges for EV plan
Q: Your role includes oversight of world markets, including India, Europe, the Middle East and Africa. How do you decide your priorities?
A: The No. 1 priority I was given was to strengthen the North American market first, with the U.S.…
Kia EV6 Bookings Open in India; Launch on June 2, 2022
New Delhi: Automaker Kia India on Thursday said it has commenced bookings for EV6, its first electric model in the country. Built on a dedicated EV platform -- the electric-global modular platform (E-GMP), the EV6…
BMW i4 Electric Sedan Launched in India at Rs 69.90 Lakh
BMW India has officially launched the i4 Electric Sedan in India at Rs 69.90 lakh (ex-showroom). BMW's latest electric offering comes after the launch of the iX last year and the electric Mini. BMW i4 Electric Sedan…
Cars, Bikes To Get Costlier As Third-Party Vehicle Premium Rates Hiked From June 1
Chennai, May 26: Some bad news for the vehicle owners already affected by the accelerating fuel price increase. From June 1, 2022 onwards, the motor third party liability insurance premium has been jacked up by the…
Why Michigan lost the $2.5 billion Stellantis EV battery plant to Indiana
As Indiana officials delivered victory speeches, Michigan Economic Development Corp. CEO Quentin Messer said Michigan is still "competing aggressively" to win future investments by Stellantis and other companies.
"Today's announcement…
Toyota North America CEO Ted Ogawa manages expansion amid production challenges
Q: What do you view as your major accomplishments so far?
A: In terms of product, I have a quite positive view , including the full model changes. Dealers and customers have shown strong confidence in our products. However, the supply…
Stellantis replaces North American purchasing chief amid supplier relations woes
DETROIT — Stellantis has appointed a new head of purchasing and supply chain in North America amid deteriorating relations with its suppliers.
Marlo Vitous, 45, the company's supply chain vice president, is replacing Martin Horneck, who is…
Elon Musk-Owned Tesla’s Model Y Catches Fire While Driving in Canada: Report
Toronto: Elon Musk-owned Tesla's Model Y car allegedly catches fire after powering down while driving, and the driver claimed getting stuck inside the car and breaking the window to get out. The incident happened…
Audi JV apologizes over China ad’s potential copyright breach
People’s Daily, the Communist Party publication, warned Audi over potential repercussions from the incident.
The automaker could suffer “huge losses” to its corporate image in China and face legal responsibilities if the advertisement is…
Piston Group to manufacture EV batteries for startup Our Next Energy
Auto supplier Piston Group said it will manufacture batteries for electric vehicles for energy storage technology startup Our Next Energy Inc., or ONE.
Piston Group said it plans to produce ONE's Aries battery packs, which utilize lithium…
Ford Internet-linked cars get sales ban in Germany in patent dispute
BERLIN -- A German court has put a nationwide sales and production ban on Ford Motor Co. cars able to establish an Internet connection as part of a lawsuit over the violation of wireless technology patents.
The verdict by the Munich…
American Axle denies report that it is exploring a sale of company
The manufacturer has been a stalwart supplier of axles and drivetrain components to automakers. The company faces challenges to maintain revenue as key customers such as Ford Motor Co. and General Motors electrify their vehicles and switch…
Stellantis ranks even lower among supplier base
In recent months, Stellantis indicated that it expected its supply base to shoulder more of the R&D cost of making the automaker competitive in EVs. And this year, it informed its suppliers that the company was adopting new terms and…