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Browsing Category
auto
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…
Japan automakers boost R&D spending, even as profits slow
Nissan Motor Co., now the third-biggest Japanese player behind Honda, is budgeting a record $4.51 billion for R&D as it rushes to update and electrify its lineup. The spending equates to around $1,123 per vehicle.
Of course, this…
MEMA presses Congress to pass competition bill
WASHINGTON — As the auto industry endures global supply chain disruptions, including a semiconductor shortage that emerged from the COVID-19 pandemic, one trade association is hoping to avoid déjà vu.
"Right now, our No. 1 public policy…
American Axle said to explore 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…
Lear to acquire German supplier in quest for comfort seating dominance
Lear Corp. is acquiring a German automotive supplier of temperature-controlled seats and steering wheels for nearly $150 million, beefing up its comfort seating capabilities.
The suburban Detroit seating and electronics supplier agreed to…
Mercedes’ Vision AMG is a look at performance brand’s EV future
The platform and electric drivetrain for the Vision were developed "from scratch," said Philipp Schiemer, CEO of Mercedes-AMG. It will incorporate high-performance axial flux electric motors from Mercedes’ wholly-owned subsidiary Yasa.…
Mercedes will focus on high-end models in luxury-car profit race
"We will reduce complexity in many areas... that dramatically changes logistics," with factories set up differently in different regions depending on the most preferred types of vehicles in each market, said Markus Schäfer, head of…
Suppliers changing how, where they make parts in EV era
NASHVILLE — A host of startups and newcomers to the auto industry are shaking up the automotive supply chain, but established companies aren't standing pat.
Indeed, the supply chain is in for a major overhaul as longtime suppliers look to…
Nissan poised to name new U.S. battery supplier
NASHVILLE — Nissan Motor Co. will announce a U.S. battery supplier for its next-generation electric vehicles "in a few weeks," the automaker's Americas chief Jeremie Papin said at the Automotive News Congress here Wednesday.
This year,…
Stellantis sees India as profitable market
"Being profitable in India is possible if you do things the India way," Tavares said on Tuesday.
He said this includes sourcing parts locally and vertically integrating the supply chain to keep costs low, and engineering cars locally with…
Sunny Deol Buys Land Rover Defender Car, Actor Welcomes the Four-Wheeler Home With Small Celebration…
Bollywood actor Sunny Deol bought a beautiful white-coloured Land Rover Defender on Wednesday (May 18). The actor welcomed home the four-wheeler with small celebration. Land Rover Defender costs more than Rs 1…
Hyundai, Kia plan to invest $16.5 billion in EV production in South Korea
Hyundai Motor Co. and its Kia affiliate plan to invest $16.5 billion to boost electric vehicle production in South Korea, including building a new factory that would ultimately have the capacity to produce around 150,000 cars a year.
Under…
Mercedes G-Class EV will use silicon battery tech to boost range
The G-Class is among the most expensive cars in the Mercedes range, playing an increasingly important role in the manufacturer’s strategy of boosting margins to help fund its transition to EV technology.
When a battery is charged, ions…
Rivian negotiating with seating supplier following lawsuit
A spokesperson for Rivian Automotive Inc. said Monday that supplier Commercial Vehicle Group Inc. has “continued to supply seats to Rivian” and that the two companies are “discussing a resolution" to a dispute that prompted litigation in a…
Tesla stops taking Cybertruck orders outside North America
Tesla declined to comment on the matter.
CEO Elon Musk has said Tesla will start production of the Cybertruck next year at its plant in Austin, Texas.
"We have more orders of the first Cybertrucks than we could possibly fulfil for three…
Why Stellantis retreated from ‘burdensome’ contract term changes for suppliers
"It shows that you do have a say and you don't have to just sign up for what's being put out there," Jorissen said. "In that respect it is a big win. If they go back to the last effective Stellantis terms, they're still tough OE terms.…
Audi cuts German production | Automotive News
The supply situation "remains volatile and short-term changes are always possible," an Audi spokesman told Automoitve News Europe by email.
The A6/A7 model family will continue to be manufactured in Neckarsulm as usual. That also applies…
$1.5 billion Rivian award is an example of how incentives for EV factories are getting wasteful
State and local incentives for electric vehicle assembly plants — seemingly growing by the week — are getting out of hand.
Rivian this month secured a whopping $1.5 billion from state and local officials in Georgia for its proposed $5…
How can ICE component businesses manage the next great disruption?
There is still much road ahead for the internal combustion engine, though change is rapidly accelerating.
As soon as the 2030s, electric vehicle sales will outpace those of conventional models. That transition will disrupt the way the…
19 unmarked graves found on Ford battery plant site
Early excavation work for a pair of battery plants that Ford Motor Co. is building in Kentucky has unearthed 19 unmarked graves.
The human remains apparently were left behind during a 2003 relocation of a cemetery on the 1,500-acre site,…
3 labor leaders offer own paths for Unifor after Jerry Dias
Having spent the past eight years working alongside Dias and other union leaders on a range of significant contracts, Scott Doherty, executive assistant to the national president, said he brings the leadership, administrative and…
VW dealers want answers on Scout EV brand after being caught off guard
On Friday, May 13, VW of America sales and marketing head Andrew Savvas sent a letter to the brand's 650 dealers, confirming that Scout will be an independent brand within VW Group and that they will have no claim on its products.
The…
Caught off guard, VW dealers want answers on Scout retail plan
On Friday, May 13, VW of America sales and marketing head Andrew Savvas sent a letter to the brand's 650 dealers, confirming that Scout will be an independent brand within VW Group and that they will have no claim on its products.
The…
GM agrees to 8.5 percent raise with new Mexico union
MEXICO CITY - General Motors has agreed a 8.5 percent wage hike with the new, independent union at its pick-up truck plant in the central Mexican city of Silao, labor representatives said on Thursday, one of the highest recent raises in…
GM battery suppliers complete $50 million investment in Li-Cycle
Lithium ion battery recycling firm Li-Cycle Holdings Corp. said it received its previously announced $50 million investment from General Motors battery suppliers LG Chem and LG Energy Solution.
The investment, which was announced in…
Breakthrough cars: Automakers kept delivering despite COVID, chip shortage, war
Problems on top of problems have complicated life for automakers and retailers. The great COVID-19 pandemic overturned business plans in early 2020, sent work forces and suppliers fleeing to safety for a year, overturned semiconductor…
Ola Electric Scooter Unexpectedly Goes In Reverse Mode, Critically Injures Senior Citizen
New Delhi: In yet another tragic incident involving Ola Electric's controversial 'reverse mode', a 65-year-old man in Jodhpur suffered serious injuries after the Ola e-scooter unexpectedly went into a reverse mode…
Breakthrough cars: Automakers kept delivering despite what the universe threw at them
Problems on top of problems have complicated life for automakers and retailers. The great COVID-19 pandemic overturned business plans in early 2020, sent work forces and suppliers fleeing to safety for a year, overturned semiconductor…
BMW expects new EVs to match internal combustion-engine cars on profit
BMW will sign contracts with suppliers for the first vehicles on the platform by the end of the year. Contracts will be awarded “taking into account CO2 emissions and the percentage of secondary material as criteria for selecting…
Nissan earnings: First full-year profit in three years, but still only at ‘starting…
The advance brings Nissan closer to achieving CEO Makoto Uchida’s goal of delivering a sustainable 5 percent operating profit margin.
The automaker’s margin finished at 2.9 percent in the 12-month period to March 31, beating Uchida’s…