auto

VW Group, counting four CEOs since 2015, swapped out its leader after shortcomings in its software unit delayed important models like the full-electric version of the Porsche Macan crossover. Blume, a former Audi trainee with a strong…

For the month of June, Toyota booked record overseas output of 637,240 units, and a best-ever sales total of 750,450 vehicles. The totals include the Daihatsu minicar and Hino truck units. Meanwhile, June production in Japan slid 27…

The CEO’s candid comments offer an explanation for Stellantis’s announcement last week that it is pulling out of a 12-year manufacturing partnership with state-owned Guangzhou Automobile Group. The exit raises uncomfortable questions about…

With his experience, Taraborrelli becomes one of the most senior managers on Apple’s EV team and brings some exotic-car panache to the effort. The executive worked on Lamborghini models such as the Urus, Huracan and Aventador, in addition…

San Francisco: With an aim to ramp up future versions of its electric vehicles, electric car maker Rivian has confirmed that it is laying off around 6 per cent of its 14,000 employees, or around 800 people. In an…

In line with the Phase II of Faster Adoption and Manufacturing of Hybrid & Electric Vehicles in India, 4.75 lakh electric vehicles (EVs) have been registered and sold as of 15th July, as stated by the Minister…

"We are enhancing our vigilance and resilience to manage increasingly complex macroeconomic and geopolitical challenges," CEO Ola Kallenius said in a statement. "At the same time, we have good reasons to remain confident, with ongoing…

WASHINGTON -- The U.S. Senate voted 64-32 on Tuesday to advance legislation to dramatically boost U.S. semiconductor manufacturing in a bid to make the domestic industry more competitive with China. The legislation provides about $52…

The automotive semiconductor market will equal $250 billion by 2040, based on rapid development of electric and luxury vehicles. That's the conclusion of a report from consultant KPMG titled "Automotive Semiconductors — Accelerating Into…

It is not unknown that Karan Kundrra is a car enthusiast and has an amazing collection of cars and bikes. From owning a Range Rover Sports SVR, Lamborghini to bikes such as Harley Davidson and Ducati Diavel, Karan…

SHENZHEN -- The Chinese city of Shenzhen told 100 major companies including EV giant BYD and iPhone maker Foxconn to set up "closed-loop" systems as it battles COVID-19, according to a document attributed to the local government…

In the end, Diess's undoing is a brutal reflection of the challenges facing leaders of industrial behemoths trying to modernize for the digital age. VW’s unions wield significant influence even by German standards, where worker…

This "magic circle" around the proposed facility must have at least a couple of significant population centers within it from which the automaker can draw the first employees, said Chris Berryman, a veteran automotive specialist with the…

While supply chain challenges and other economic headwinds weigh on the auto industry, one automaker bucked the trend in S&P's latest forecast: General Motors. S&P trimmed its full-year outlook from a quarter ago, and U.S. sales…

The industry's once-reliable launch rhythm is becoming uncharted. Every year, Automotive News reporters scour their notes and probe various sources to anticipate automakers' product plans over the next five years. This year's Future…

GM opted to start its Ultium-powered EV rollout with high-performance, luxury models: the GMC Hummer EV pickup and the Cadillac Lyriq crossover. The early EV launches are meant to show the automakers' EV prowess — through the Hummer…

Diess worked out a deal to cut 30,000 jobs through attrition, which left Volkswagen's profitability still lagging competitors. In the end, Diess appears to have moved too fast for some on the company's supervisory board, and not fast…

LUVERNE, Alabama, July 22 - A supplier majority owned by Hyundai Motor Co is being accused of using child labor at an Alabama plant that supplies stamped metal parts for the Korean carmaker's assembly line in nearby Montgomery.According to…

FRANKFURT -- Volkswagen Group CEO Herbert Diess is stepping down and Porsche boss Oliver Blume will take over Diess's role, VW said on Friday in a surprise shake-up at the world's second-biggest automaker. Diess is resigning "by mutual…

Legacy automakers have not been hugely transparent about how profitable their initial battery-powered models are. One exception is Volvo Cars, which this week got a shout-out from Bernstein analysts for its degree of disclosure. The…

An Eastern European group was responsible for the attack, using a ransomware called BlackMatter, which is based on a ransomware-as-a-Service (RaaS) model. As there had already been an attack on Colonial Pipeline in the U.S. with a…

U.S. semiconductor manufacturer SkyWater Technology Inc. on Wednesday said it plans to invest $1.8 billion for a chip research and production facility in Indiana, in partnership with the state and Purdue University. The announcement comes…

Ford declined to comment on possible job cuts, saying that it’s focused on reshaping the organization to capitalize on the growth of electric vehicles. “As part of this, we have laid out clear targets to lower our cost structure to ensure…

New Delhi, July 20: Automaker Citroen India on Wednesday launched its all-new model C3 with introductory prices starting at Rs 5.7 lakh (ex-showroom). The company, which is a part of the Stellantis group formed by…

NHTSA Administrator Steven Cliff said the agency "will carefully examine each petition to ensure safety is prioritized and to include considerations of access for people with disabilities, equity and the environment.” Ford's petition,…

Hong Kong, July 21: Baidu, a Chinese search engine and artificial intelligence firm, unveiled its latest electric autonomous driving vehicle on Thursday. The Apollo RT6 will be soon be part of Baidu's robotaxi…

"In order to operate the plant in a more sustainable manner, Stellantis confirms that there will be indefinite layoffs at the Warren Stamping Plant in Warren, Michigan, effective July 25," spokesperson Ann Marie Fortunate said in a…

San Francisco: After getting delayed several times, CEO Elon Musk has now said that its electric vehicle company Tesla could start deliveries of its upcoming Cybertruck in mid-2023. The tech billionaire also said…

For Keogh, who became CEO of VW of America in November 2018 and was handed a challenging mandate to double the VW Group's collective U.S. market share to 10 percent by 2028, the appeal of effectively building a startup from scratch without…

San Francisco: With an aim to fund its plans to build electric vehicles (EVs), popular automaker Ford is likely planning to cut up to 8,000 jobs over the coming weeks, media reports said. According to Bloomberg, the…