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auto
The latest numbers on the microchip shortage: N.A. production hit again
After a couple of weeks that saw production cuts totaling fewer than 10,000 vehicles each, North American factories lost 84,000 vehicles last week because of the ongoing worldwide shortage of microchips.
2022 auto industry forecast: Chance of pain
If LMC Automotive analysts are right, next year will be another tough one for U.S. auto dealers, though there will be some signs of recovery.
Tata Punch SUV Launched in India From Rs 5.49 Lakh; Check Prices, Features & Specifications…
Tata Motors, the Indian carmaker has officially launched the Punch SUV today in India at a starting price of Rs 5.49 lakh (ex-showroom, Delhi). The company had unveiled the SUV earlier this month. Bookings for the…
Detroiters hold their noses over Jeep plant
Stellantis said it has hired a third-party engineering firm to investigate the origin of the odors in the paint shop that residents who live west of the plant have reported smelling in recent weeks.
Top it up with wine and cheese
In an interview with the BBC last week, Prince Charles said the Aston Martin DB6 he received for his 21st birthday was modified in 2008 to use bioethanol.
4 ways to improve recall campaigns
It has become increasingly clear that traditional management needs a revamp — to be more proactive, engaging, optimized, agile and data-driven.
Tata Punch SUV To Be Launched Today in India, Watch LIVE Streaming Here
Tata Motors will officially announce the prices of the Punch SUV today in India. The company had unveiled the Punch SUV earlier this month. Bookings of the vehicle are now open and interested customers can book…
Tesla getting into bier biz
At the company's "county fair" outside the grounds of its future plant near Berlin, CEO Elon Musk announced plans to produce a beer called "GigaBier".
Chip crunch may stretch through 2022, Bosch exec says
Chip producers were only able to meet about 20 percent of automotive orders in July and despite some improvement in August, more than half of the demand still couldn’t be satisfied.
Musk dials into Volkswagen executive conference
Tesla CEO addressed 200 Volkswagen executives via video call after an invitation from the rival carmaker's chief executive Herbert Diess.
Stellantis to cut Ontario minivan plant down to one shift in spring 2022
The automaker didn’t say when one of the two remaining shifts will be slashed, but it did blame the ongoing semiconductor shortage and COVID-19 pandemic for the change.
European sales plunge 25% in Sept. amid chip shortage
Hyundai, Kia and DS saw their sales increase in an otherwise disastrous month for automakers as the chips crisis hit supplies of new vehicles to dealerships.
Nissan told by Dubai court to pay $354M to Gulf partner
Dubai-based Al Dahana accused the automaker of reneging on its contractual obligations in relation to the distribution of vehicles in the region.
Inside Ill. governor’s push to steer EV investment to his state
Gov. Pritzker is pushing an incentive package worth hundreds of millions—possibly the largest in state history.
Toyota cuts global production for 3rd time but says worst is over
The automaker will reduce output again in November, but the impact will not be as painful as before and Toyota sees signs of recovery on the horizon.
GM deliveries slip 19% in Q3
General Motors’ deliveries in China dropped 19 percent to 623,000 in the third quarter, marking the automaker’s first sales decline in the key market this year.
Vietnam’s VinFast eyes start of U.S. deliveries in late 2022, CEO says
The Vietnam automaker plans to inaugurate 60 U.S. showrooms next year, but expects most of its U.S. sales to be online, CEO Michael Lohscheller told Reuters.
Ford Mustang tops 2021 Made in America Auto Index
The Corvette Stingray placed second, the Tesla Model 3 placed third and the Ford Bronco placed fourth.
BMW ready for any ban on combustion-engine cars from 2030, CEO says
The automaker is expanding its EV lineup but has not set an end date for the production of fossil-fuel vehicles.
Analysts: Toyota might keep U.S. sales crown in 2022; prices, interest rates will rise
LMC Automotive's latest global light-vehicle outlook painted a picture of a supply-constrained industry struggling to meet demand, even as higher prices and looming interest rate increases threaten to put consumers on the sidelines.
Hyundai Motor aims to develop own chips, cut reliance on chipmakers
COO Jose Munoz said the worst has passed for the industry chip shortage, adding it had the "toughest months" in August and September.
More than 100 U.S. lawmakers urge Pelosi to back union EV tax credit
In a letter seen by Reuters, Democrats urged Pelosi to retain the credit supported by the UAW and AFL-CIO.
GM says LG to pay $1.9 billion of $2 billion in costs for Bolt recall
The automaker in August expanded the recall, which will replace LG battery modules due to fire risk, to more than 140,000 cars.
LG to shoulder $1.2 billion of GM’s Bolt EV recall costs
The automaker in August expanded the recall, which will replace LG battery modules due to fire risk, to more than 140,000 cars, estimating the cost at $1.8 billion.
Aptiv cuts annual sales forecast on chip shortage
The Dublin-based supplier now expects 2021 net sales in the range of $15.1 to $15.5 billion, down from its previous target of $16.1 to $16.4 billion.
Tata Motors Reports 24% Increase in Group Global Wholesales in Q2
New Delhi, Oct 11: Tata Motors on Monday reported a 24 per cent increase in group global wholesales, including that of Jaguar Land Rover (JLR), to 2,51,689 units in September quarter of FY22 over the year-ago…
Tesla Starts Rolling Out Full Self-Driving Beta 10.2 Software: Report
San Francisco: Elon Musk on Monday said Tesla has finally started rolling out its Full Self-Driving (FSD) Beta 10.2 software. The software was slated for a roll out to about 1,000 Tesla owners last weekend but was…
Auto jobs now
Hirings are up, but they aren't coming close to filling the number of vacant positions around the industry — especially at a time when the market is red-hot and consumers are clamoring for new cars and trucks.
MG Astor SUV Launched in India From Rs 9.78 Lakh; Check Prices, Bookings, Variants &…
MG Motor India has officially launched the Astor SUV today in India at an introductory starting price of Rs 9.78 lakh and goes till Rs 16.78 lakh (ex-showroom). Bookings for the SUV will commence on October 21,…
To drive its growth, GM sees more than cars
GM says it will generate $280 billion a year by 2030 with profit margins of up to 14 percent, but building and selling vehicles wouldn't be the primary driver of its gains.