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auto
Nissan is back in the black, but still only at ‘starting line’
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…
Subaru will add first electric car production line
Unlike the Solterra, the EVs produced in the latter half of this decade will be manufactured directly by Subaru.
The Solterra, which shares a Toyota-developed EV platform with the Toyota bZ4X, is made at Toyota’s Motomachi assembly plant…
Foxconn completes purchase of Lordstown Motors plant, thrusting it into EV-making business
Taiwan's Foxconn, best known as the manufacturer of the iPhone, is now in the car manufacturing business.
Lordstown Motors on Wednesday said the $230 million deal announced in the fall to sell its sprawling 6.2 million-square-foot plant to…
GM, new union in Mexico strike deal for raises at Silao plant
MEXICO CITY - General Motors and a new independent union at the U.S. automaker's biggest Mexican plant have reached a deal for a new workers' contract that includes raises and benefits above inflation, the union said on Wednesday.The…
Tesla Halts Production Again at Shanghai Gigafactory, Here’s Why
Beijing: Elon Musk-run Tesla has once again halted production at its Gigafactory in Shanghai as the company is now facing logistics problems amid a fresh surge in Covid infections, the media reported. According to…
Tata Nexon EV Max Launched in India at Rs 17.74 Lakh
Tata Motors has officially launched the Nexon EV Max today in India starting at Rs 17.74 lakh(ex-showroom). The new Nexon EV MAX comes powered by high voltage state-of-the-art Ziptron technology. It comes in two…
Tesla Recalls 1,30,000 Cars To Fix Touchscreen Issues: Report
San Francisco: Electric car-maker Tesla has recalled 130,000 cars to fix touchscreen issues caused by an overheating central processing unit (CPU). The Elon Musk-run company recently rolled out an over-the-air…
Stellantis CEO Carlos Tavares: Industry faces battery, raw material shortages amid EV push
"The speed at which now everybody is building manufacturing capacity for batteries is possibly on the edge to be able to support the fast-changing markets in which we are operating," he said.
Tavares said raw material supply could also…
VW CEO Herbert Diess sees tight EV race with Tesla
Tesla this year opened its first European factory, near Berlin, challenging VW as well as peers BMW and Mercedes-Benz on their home turf, while Diess said he expected Tesla's ramp-up to be challenging.
Diess said he still saw a chance that…
Geely buys stake in Renault Korea, eyeing U.S. exports
The person said that while the details of how the partnership would work had not yet been sorted completely, Geely might initially use Renault Korea's Busan plant to make electric robotaxis for Waymo, with which it has an existing supply…
2022 Mercedes-Benz C-Class Launched in India at Rs 55 Lakh
Mercedes-Benz has officially launched the C-Class in India starting at Rs 55 Lakh (ex-showroom). Bookings for the vehicle had begun in the country ahead of the launch. The C-Class is one of Mercedes-Benz’s…
Electric Two-Wheeler Reportedly Explodes in Telangana, No One Injured
Karimnagar (Telangana): The battery of an electric two-wheeler exploded while it was being charged in Ramadugu mandal in Karimnagar district here, though no one was injured in the incident, police said on Monday. …
Bollinger Motors and Roush team to build commercial EVs
DETROIT — Bollinger Motors, the startup electric vehicle manufacturer in suburban Detroit that is trying to enter the red-hot commercial EV market, moved one step closer to its goal Monday.
The company said it has inked a deal with Roush…
EV maker Lordstown Motors says it needs more capital to boost production
Electric vehicle startup Lordstown Motors Corp said Monday it needed $150 million in addition to the proceeds from its sale of assets to Taiwanese contract manufacturer Foxconn to put its Endurance pickup truck into the hands of customers.…
Changsha eyes BYD plant emissions for link to children’s nosebleeds
SHANGHAI — A Chinese city opened an investigation into a factory owned by BYD over allegations that emissions from the plant are causing nosebleeds among children living nearby.
Changsha city authorities said in a statement on Sunday it…
Suppliers continuing to feel pressure from inflation, supply chain kinks
Stellantis COO Mark Stewart said the automaker is working with suppliers through the headwinds.
"We continue to work on efficiency programs together of how to altogether get the costs out of the operations so everybody can be profitable…
As Audi looks for a way in to F1, McLaren says it’s not for sale
Germany's Manager Magazin reported on Thursday that talks with McLaren were close to failing after months of negotiations.
Brown, CEO of McLaren Racing, told reporters at the inaugural Miami Grand Prix that there was no question of any…
BMW will use Neue Klasse platform for its midsize premium EV
Zipse's comments highlight BMW's change in thinking at the automaker about the architecture, which originally had been planned to be fully electric but also underpin cars with gasoline and diesel internal combustion engines, including…
Here’s why cars last longer today
Automakers won't publicly talk about how long their vehicles should last. There are too many factors that affect longevity for them to give a precise answer — maintenance, where and how the vehicle is used and how it is stored all affect…
Aisin president is remaking the Japanese megasupplier
"I need to put this company through a full model change," Yoshida told Automotive News during a visit to Aisin's global headquarters here in the suburbs of Nagoya. "With a healthy sense of crisis, we must take steps forward." It's not the…
Camaro heist from Lansing, Mich. GM plant prompts chase
Police recovered five just-built Chevrolet Camaros that were stolen from outside a General Motors plant in Lansing, Mich., last week after a high-speed chase that ended more than 50 miles away with the help of a helicopter and…
Ontario focuses on being Stellantis’ EV hub
Stellantis last week said it will spend $2.8 billion to retool a pair of assembly plants in Canada in preparation for making electric vehicles.The automaker said it will turn its Windsor and Brampton plants into "flexible, multi-energy…
For key Tesla supplier, Shanghai COVID lockdowns strain workers, spur chaos
But cases have been reported daily at an address belonging to the campus from March 26 to May 4, according to Shanghai government data. Quanta has not disclosed the number of cases among workers.
Calls seeking help to bring attention to…
American Axle’s Q1 net income plunges
American Axle joins much of the automotive supplier base this week in reporting bleak performances for the quarter, underscoring the financial pain that persists among suppliers even as automakers turn significant profits.
American Axle…
Dakkota CEO Andra Rush considers doubling footprint at Stellantis parts plant in Detroit
Stewart said Stellantis and Dakkota "worked hand in hand" with the city and partners to get the plant done.
"So pleased that Andra decided to locate it right here in Detroit so close to our facilities because as we go forward, another key…
Audi-McLaren Formula One deal unlikely, report says
Both Audi and VW Group declined to comment.
Manager Magazin reported earlier on Thursday that talks with McLaren were close to failing after months of negotiations.
VW Group has not previously been involved in Formula One but has worked…
Mark Stewart: Michigan ‘absolutely’ still in contention for new Stellantis EV plant
Michigan remains in contention for a new Stellantis electric vehicle battery plant as the automaker completes the final analysis before an anticipated announcement of a site.
Stellantis COO Mark Stewart said Thursday that the state…
Semcorp plans $916M outlay to produce EV battery materials in U.S.
Semcorp, a Shanghai-based producer of electric vehicle battery materials, plans to invest $916 million in a manufacturing plant in Sidney, Ohio, the company said Thursday.
The facility will make separator film for EV batteries. Semcorp,…
Ferrari Purosangue SUV will get V-12 power
MILAN — Ferrari's first SUV, the Purosangue, will be powered by the automaker's naturally aspirated 12-cylinder engine.
CEO Benedetto Vigna said: "We have tested several options, it was clear that the V-12, for the performance and driving…
Aston Martin’s new CEO, Amedeo Felisa, is staying for foreseeable future
Felisa spoke briefly on the call to outline his tasks. "My immediate objective will be to implement a new organizational structure," he said.
The new team will focus on broadening the company's engineering capability as well as focusing on…