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Browsing Category
auto
Managing crisis crucial with launches on horizon
"There's a possibility that we need to look at how we manage the supply chains, that we have more visibility of what's happening in the various tiers of the supply chain, so that our intelligence is more immediate, and we can move faster,"…
GM isn’t making many amigos
If a tree falls in the forest, but the press release is quietly issued only in Spanish, does it make a sound?Well, the UAW heard loud and clear. The union called General Motors' plan to invest 20 billion pesos toward vehículos eléctricos…
Automakers get creative to navigate chip shortage
Stellantis is working on more standardization across its vehicle lineup rather than having to use specific chips for some models, CFO Richard Palmer said on a call with reporters last week.
"More standardization and flexibility — which is…
Auto supply chain woes continue to mount
David Dauch, CEO of driveline supplier American Axle & Manufacturing Inc., acknowledged that it seemed to many people that the global shortage of microchips would be an inconvenience only for the "first of the year" — but it now looks…
Lion Electric to open electric bus, truck plant in Joliet, Ill.
Lion will join Rivian as the second company making EVs in the state. Rivian expects to begin making trucks at a former Mitsubishi plant in Normal, Ill., next month that will employ about 1,000 workers. Headcount is expected to grow to more…
Stellantis to adopt hybrid workplace strategy
DETROIT -- Stellantis wants white-collar employees to think of the workplace as a tool, not merely as an office where they work. This mindset underscores the automaker's global effort to reimagine its workplace strategy, dubbed the "New…
Do Your Bit to Save The Planet – Celebrate Responsibly with BCB International’s First of its…
The summer countdown is well and truly underway in Great Britain and after the year we have all had to endure we are looking forward to it, more than ever before!
It’s no secret that Britain’s favourite summer…
Tata Motors to Hike Passenger Vehicle Prices From May 8, 2021
New Delhi, May 7: Tata Motors on Friday said it will increase prices of its passenger vehicles by an average of 1.8 per cent depending upon the model and variant from May 8, in order to partially offset the rise in…
VW starts building 3rd EV plant
Volkswagen Group began construction on a factory at its joint venture with Jianghuai Automobile Co. in the eastern city of Hefei to ramp up electric-vehicle production in China.
The plant, due to launch output in the second half of 2023,…
Mahindra Group To Set Up Mahindra Advanced Design Europe in UK’s West Midlands
Mumbai, May 6: Mahindra Group on Thursday said it will set up 'Mahindra Advanced Design Europe' (M.A.D.E) in the UK's West Midlands. The new Centre of Excellence will be a part of the Mahindra Global Design Network…
Microchip shortage forces automakers to leave out some high-end features
Nissan, which in early January became one of the first automakers to warn of an impending shortage, is also prioritizing chip supply to the two best-selling models in each major market, the person said.
In one instance, Nissan flew chip…
VW raises full-year outlook, warns on growing chip shortage
First-quarter operating profit surged to 4.8 billion euros ($5.8 billion). The operating return on sales jumped to 7.7 percent.
Chip shortage forces automakers to leave out some high-end features
Nissan, which in early January became one of the first automakers to warn of an impending shortage, is also prioritizing chip supply to the two best-selling models in each major market, the person said.
In one instance, Nissan flew chip…
Aston Martin posts smaller Q1 loss as vehicle sales more than double
LONDON -- Aston Martin posted a smaller first-quarter loss of 42.2 million pounds ($59 million) and said it continued to take steps toward profitability, as its vehicle sales to dealers more than doubled.
The result compared with the 110…
Jaguar’s design boss quits ahead of brand’s switch to electric-only
Jaguar’s design boss, Julian Thomson, is quitting the brand as it heads into a new future as an all-electric marque.
Thomson will will leave the company at the end of May, Jaguar Land Rover said.
"I would like to thank Julian for his great…
Ford to stop production at Bronco, Ranger plant for 2 weeks, extend downtime elsewhere as chip…
DETROIT — Ford Motor Co. on Wednesday announced to employees that it is extending downtime at a number of North American plants because of the worsening semiconductor shortage.
The production disruption is also expanding, this time…
Electric Carmaker Tesla Reportedly Facing Delay in Opening Gigafactory in Berlin
Berlin: Elon Musk's electric car company Tesla is reportedly facing a delay of 6-month in opening Gigafactory in Berlin, the media reported. Electrek, citing Automobilwoche, an auto industry paper, states that…
Stellantis Q1 revenue rises 14%; big production hit from chip shortage
MILAN -- Stellantis, the new auto group formed from the merger of Fiat Chrysler Automobiles and PSA Group, said first-quarter revenue rose 14 percent to 37 billion euros ($44.5 billion).
Vehicle shipments rose 12 percent to 1.61 million…
GM Defense taps new president, opens N.C. production center
The initial Infantry Squad Vehicles were built at GM's Milford Proving Ground in Michigan. The North Carolina plant was built in just 90 days to meet the Army's April 1 production timeline. GM Defense transported the tools from Milford and…
Why Carlos Tavares thinks Stellantis can reach its emissions target
Stellantis expects to achieve its European CO2 emissions targets this year without environmental credits bought from Tesla, Carlos Tavares told a French newspaper.
Stellantis was formed in January through the merger of PSA Group and Fiat…
Electric car-charging business is doing everything but making money
The charging companies are positioning themselves for profitability in different ways.
ChargePoint sells stations and offers various degrees of operational support, but doesn’t get paid from the charging itself. A typical client might be a…
Ferrari postpones financial targets despite record orders
Ferrari already eased its target in September 2018, when Louis Camilleri was settling in as the successor to long-time leader Sergio Marchionne. Elkann has been CEO on an interim basis since Camilleri, 66, abruptly resigned in December.…
Chicago Auto Show to return this July
According to Deputy Gov. Dan Hynes and Dave Sloan, president of the show-sponsoring Chicago Automobile Association, the show will take place July 15-19. In many ways it will look similar to the usual February event, but it will also have…
UK’s Arrival, Uber to develop electric ride-hailing car
LONDON -- British electric van and bus maker Arrival will develop an electric car for Uber Technologies that will go into production in late 2023, the two companies said.
Arrival and Uber will also explore a strategic relationship in key…
Mahindra Group Launches ‘Oxygen on Wheels’ Free Initiative To Supply Oxygen to Hospitals &…
Mumbai, May 4: Aiming to tackle the shortages of medical oxygen, the automobiles giant Mahindra Group has rolled out a free initiative, 'Oxygen on Wheels' to supply oxygen to hospitals and other treatment centres,…
Ford pauses production in Europe again on chip shortage
Ford is pausing production at nearly all its car plants in Europe for several weeks due to a shortage of microchips.
"We had already planned short-time work for several plants due to the semiconductor situation. Since the situation is not…
Toyota, Lexus dealers to get large crossovers after Indiana plant investment
Lexus retailers have long sought a large, three-row crossover to compete with offerings from other luxury brands. Toyota dealers, meanwhile, have asked the brand to replace the Land Cruiser, which is ending its long run in the U.S.
"I…
Check’s in the mail, Lordstown Motors says
Whoops.Lordstown Motors says its failure to make a $570,000 tax payment on the assembly plant it bought from General Motors in northeastern Ohio was "an unfortunate administrative error."Missing the March 5 payment means the startup now…
Chip shortage puts brakes on Ford progress
One Michigan dealer has created an emergency fund for its salespeople to draw from after that happens — likely sometime this month.
"We know for sure there's going to be three months of heartache and hand-wringing," said Mark O'Brien,…
Here are edited highlights from the latest episodes of “Daily Drive,” Automotive…
Here are edited highlights from the latest episodes of "Daily Drive," Automotive News' weekday podcast, hosted by Jason Stein and Steve Schmith.
"There will be a shakeout, and there's going to be profound implications — with winners and…