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Daimler said to speed up shift to Mercedes EVs

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…

Mini rolls out online retail platform Mini Anywhere

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,"…

U.S. auto sales to hit 16.4M in 2021

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…

Volvo eyes switch to fossil-free steel

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…

Daimler and VW cut working hours on chip shortage

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…

Nissan to idle more U.S. output

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…

Hyundai accelerates air taxi efforts, COO says

DETROIT -- Hyundai Motor Co. has accelerated efforts around developing air taxis and will offer services around those vehicles rather than just selling them, the South Korean automaker's COO told Reuters. Hyundai is ahead of the timetable…

3-row Jeep Grand Cherokee L on schedule

"Being in-market for the last three decades, and four prior generations all being dedicated to two-row SUVs, there will absolutely be a little bit of an education period," Tallon said. "We're seeing a lot of momentum building even ahead of…

Stop-start haters: Chip shortage has upside

It's a feature some consumers will actually be happy to go without.General Motors, as part of its effort to conserve limited supplies of microchips, is building many full-size pickups and SUVs without the automatic stop-start technology…

Huawei aims to develop self-driving tech by 2025

BEIJING -- China's Huawei Technologies aims to develop driverless-car technology by 2025, an executive said, as the world's largest telecommunications equipment maker diversifies its business in the face of U.S. sanctions. "Our team's goal…