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Browsing Category
auto
BNEF Report: Electric Vehicle Sales to Rise by 80% in 2021
Glasgow, November 10: Passenger electric vehicle sales are set to jump over 80 per cent in 2021 to 5.6 million units, off the back of unprecedented industry and government commitments around the world over the last…
VW plans new EV factory in Germany to counter Tesla
The plant would build about 250,000 cars a year and would be less complex than retooling the existing operations, VW brand chief Ralf Brandstaetter said.
Eberspaecher says ‘most’ plants delivering parts to customers amid cyberattack
In a tweet, the supplier said its teams were working to "recover our systems step by step," adding that the company was "on the right track."
Ill. legislature passes tax credits for EV makers in bid to become manufacturing hub
The measure includes state income tax credits for EV makers and suppliers of either 75 percent to 100 percent of payroll taxes for new employees they hire for up to 15 years.
Firm future or foolish fantasy? Faraday Future faces fresh scrutiny
One investment firm called the company an "EV scam." But it says it's on track for production of its FF 91 crossover flagship vehicle by July.
A wake-up call to fight drowsy driving
There is an opportunity for a cultural shift, co-championed by the automotive industry, to encourage well-rested, alert drivers who can keep themselves, their passengers and fellow travelers safe.
The latest numbers on the microchip shortage: Global cuts fall; brunt again on N.A.
The roughly 20,400 vehicles eliminated from factories in North America accounted for about 61 percent of all global production lost.
Take DE&I plunge to improve retention
Automakers and suppliers need to embrace filling in gaps in gender equity and inclusion in their work forces in order to better retain employees, especially women, industry leaders said during Leading Women Conference last week.
Truck of tomorrow with a design from yesteryear
The company unveiled an electric concept based on a 1978 F-100 pickup at the SEMA Show in Las Vegas last week.
House sends infrastructure bill with EV provisions to Biden; tax credit for union-built EVs delayed
The chamber passed the biggest U.S. infrastructure package in decades, which includes $7.5 billion for electric vehicle charging stations and $65 billion for upgrades to the nation's electric grid. However, voting on the Build Back Better…
Porsche, Piech families back VW CEO despite friction with union
Diess' relationship with German labor bosses hit a new low after disagreements over how radically the automaker needs to overhaul itself to catch Tesla.
VW names Chris Glover to lead Chattanooga operations
The 30-year VW executive who most recently was executive vice president for production and logistics with Volkswagen de México will succeed countryman Tom du Plessis
Auto industry vaccine mandates a mixed bag as federal rules loom
Some auto companies are moving ahead on mandatory vaccinations while others are taking a wait-and-see approach.
Ford worker dies at Lima Engine Plant following on-site accident
The automaker and union are investigating the accident at the Ohio factory and details were immediately unclear.
Chevy Bolt recall: Michigan plant to take more downtime
Orion Assembly in Michigan will take three weeks of downtime this month as General Motors continues to work through the Bolt recall.
Stellantis hit with another air-quality violation in Detroit area
The action in Warren, Mich, marked the third recent air-quality violation for the automaker. The other two were for its new Jeep assembly plant on Detroit's east side.
Lear reports Q3 loss amid supply chain struggles, sees hope past ‘short-term issues’
Lear Corp. took a $27 million net income loss on declined sales in the third quarter as supply chain issues and slowed auto production continue to hurt the Southfield-based seating supplier.Lear's sales decreased 13 percent year-over-year…
EV Maker Tesla Opens Its Supercharger Network for Other EVs: Report
San Francisco: Electric vehicle maker Tesla has launched a pilot program for non-Tesla electric vehicles to use its Supercharger network for the first time. Initially, only 10 Supercharger stations in the…
Maruti Suzuki Sales Decline 24% to 1,38,335 Units in October, 2021
New Delhi, Nov 1: The country's largest carmaker Maruti Suzuki India (MSI) on Monday reported a 24 per cent decline in sales at 1,38,335 units in October.
The company had sold 1,82,448 units in October last year,…
Holden proving ground again in search of a new owner
The Vietnamese automaker VinFast, which paid $36.3 million for the 2,200-acre property in late 2020, has since decided to abandon its engineering operations in Australia.
The latest numbers on the microchip shortage: N.A. plants take bulk of chip hit
Nearly nine out of every 10 vehicles cut from global production plans last week due to the ongoing microchip shortage were axed from North American plants.
Bajaj Auto Reports 14% Decline in Total Sales in October, 2021
New Delhi, Nov 1: Bajaj Auto on Monday reported a 14 per cent decline in total sales at 4,39,615 units in October.
The company had sold a total of 5,12,038 units in the same month last year, Bajaj Auto said in a…
Michigan tries to woo GM for battery factories
The state, where economic development officials are upset over missing out on big investments Ford is making in Kentucky and Tennessee, is "of course" in the running for two planned battery plants, GM President Mark Reuss said.
Odisha Govt Makes 100% Exemption on Taxes for Electric Vehicles
Bhubaneswar, October 30: The Odisha government has made 100 per cent exemption on motor vehicle (MV) taxes and registration fees on electric vehicles in accordance with the Odisha Electric Vehicle Policy, 2021. The…
Toyota invests $461 million in Kentucky complex; Lexus ES to move back to Japan
The Japanese automaker will also offer permanent jobs to 1,400 employees currently working there through Kelly Services, as well as to all future employees.
Volvo shares gain after IPO as investors buy into EV future
The automaker wants use IPO proceeds to add capacity and almost double annual sales to 1.2 million vehicles by 2025.
Daimler posts higher Q3 profit as it shakes off chip crunch
The automaker said it had kept a "tight grip" on costs as it focused on more profitable models including in its Maybach and performance AMG brands.
EV revolution puts the squeeze on small Japanese suppliers
Auto suppliers in Japan are confronting a dilemma as the industry pivots away from the combustion engine: Either make the shift too, or find new business.
Bosch to spend $467 million to expand chip operations in 2022
Bosch said it would expand its semiconductor fabrication plants — known as wafer fabs — in Dresden and Reutlingen, Germany.
Ford Q3 profit falls 24% to $1.8B; shares rally
The automaker again raised its full-year guidance and announced a reinstatement of a quarterly cash dividend as the microchip shortage abates. Shares rallied on Wall Street on Thursday.