auto

Seoul: Hyundai Motor Group said on Monday its three affiliates and its chief have acquired a controlling stake in US-based robotics firm Boston Dynamics for $880 million. The investment is part of the South Korean…

Pradzinski said in a text message that he left HAAH for an opportunity at a new startup, but he declined to identify the venture. Asked to comment on HAAH's future, Pradzinski said briefly, "I still believe they are on track."Pradzinski…

Swedish auto startup Polestar's decision to build a midsize electric crossover in South Carolina illustrates a new truth about vehicle manufacturing in the coming decade: Electric vehicles are changing the rulebook on how automakers think…

Consumers whose information was pilfered likely never knew that they had a digital relationship with this particular vendor for VW Group of America. They would have reasonably assumed that their electronic interactions were with their…

TO THE EDITOR: July 2022 will be here before we know it, meaning global automakers and suppliers will have to comply with the United Nations Economic Commission for Europe's mandated cybersecurity regulations or risk not being able to sell…

The global semiconductor chip shortage could create a steamy summer for the auto industry.As automakers cope with the supply chain crisis, production interruptions may overlap with normal summer factory shutdowns and model…

One of Cole's brands, Nissan, this year launched for consumers to browse, schedule a test drive or start a purchase online. Dan Mohnke, Nissan's U.S. vice president of eCommerce, said about one-third of the brand's 1,074 U.S. dealerships…

"If they actually do have $400 million to $500 million in cash on hand, it seems like they should be able to build an initial batch of trucks and actually deliver them to customers," said Sam Abuelsamid, principal analyst for e-mobility…

Ford projects that 40 percent of its global sales will be electric by 2030. But in what CEO Jim Farley has called the "early innings" of electrification, the company is focusing on commercial products such as the E-Transit van and F-150…

The workers at the Silao plant say they earn less than $25 a day. That compares with salaries in a range of $18 to $32 per hour at GM plants in the U.S. and Canada. Mexico’s low wages -- and its unions that traditionally look out for…

MILAN -- Ferrari and Amazon Web Services have entered an agreement to make Amazon's cloud computing unit the automaker's cloud storage, machine learning, and artificial intelligence provider, AWS said. The deal will help Ferrari streamline…

New Delhi: Hyundai Motor India on Friday expanded its SUV range in the country with the launch of new model – Alcazar – priced between Rs 16.30 lakh and Rs 19.99 lakh (ex-showroom Delhi). The country's second…

Yamaha Motor India has officially launched its FZ-X Neo-Retro motorcycle today in the Indian market. The motorcycle will come in two variants. The one without Bluetooth connectivity is priced at Rs 1.16 lakh…

Hyundai Motor India is all set to launch its Alcazar SUV today in the Indian market. The company has been teasing the upcoming four-wheeler on its official Twitter channel for the past couple of weeks. The upcoming…

The state is supporting the project with a $1 million Michigan Business Development Program performance-based grant. Additionally, the city of Troy is extending a previously approved tax abatement for the project, valued at $154,812. "The…

Hyundai’s highly-anticipated Alcazar SUV will go on sale tomorrow in India. The Alcazar's arrival had been delayed by over two months due to the COVID-19 pandemic. The South Korean auto manufacturer is all set to…

BYD Co. will assist major smartphone maker Xiaomi Corp. to develop intelligent full electric vehicles. The major electrified vehicle manufacturer will support Xiaomi in developing its vehicle business, BYD founder and Chairman Wang Chuanfu…

LONDON -- Daimler will accelerate the launch of electric cars slated for the middle of this decade while phasing out fossil-fuel versions as it revamps its electrification strategy, Manager Magazin reported on Thursday. Many of the EVs the…

A survey commissioned by Mini showed 60 percent of respondents are willing to go through an entire vehicle-buying journey via digital platforms, which "reinforces this point we've heard, which is we will never go back to the way it was,"…

Europe’s largest automaker is in the midst of the most aggressive push into EVs by a traditional automaker, with plans to launch about 70 battery-powered models by the end of the decade. Peers from Toyota Motor Corp. to Ford Motor Co. have…

WASHINGTON -- Electric vehicle company Workhorse Group filed a legal challenge on Wednesday to the U.S. Postal Service decision in February to award a multibillion-dollar, 10-year contract to Oshkosh Defense to manufacture a new generation…

Mercedes-Benz India officially launched its new sedan S-Class luxury four-wheeler in the country at Rs 2.17 crore (ex-showroom). The company has also introduced the service package for the new S-Class with a…

Mercedes-Benz is all set to launch its new S-Class flagship sedan today in the Indian market. The company will make the long-wheelbase variant of S-Class available in India. The upcoming sedan will be bigger in size…

Thanks to strong government stimulus, the automotive industry emerged from the COVID-19 pandemic in better shape than expected, but it's now facing profitability problems stemming from raw material price increases and shortages, according…

BMW will preview the profile and key design elements of the next-generation 7 Series in a concept vehicle to be displayed at the Munich auto show in September, a company source told Automotive News Europe. The concept will be the first BMW…

Volvo Cars said Wednesday it will explore the development of fossil-free steel for its vehicles and components with Swedish steelmaker SSAB as part of its push to become a climate neutral company by 2040. Of the total CO2 emissions from…

An explosion caused a large fire to break out early Monday morning at a Chemtool Inc. lubricant manufacturing plant in northern Illinois, prompting evacuations and leaving the future of the facility in question as the fire continued to…

FRANKFURT -- Daimler and Volkswagen are cutting working hours at some of their plants as the automakers continue to suffer from a shortage of semiconductors that has already hampered production this year. Daimler is reducing working hours…

An explosion caused a large fire to break out early Monday morning at a Chemtool Inc. lubricant manufacturing plant in northern Illinois, prompting evacuations and leaving the future of the facility in question as the fire continued to…

The global semiconductor shortage roiling the auto industry will have a significant effect on Nissan Motor Co.'s U.S. production this summer.The company said it plans to idle output of three Nissan models — the Murano crossover, Leaf…