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Browsing Category
auto
Camaro heist from Lansing, Mich. GM plant prompts chase
Police recovered five just-built Chevrolet Camaros that were stolen from outside a General Motors plant in Lansing, Mich., last week after a high-speed chase that ended more than 50 miles away with the help of a helicopter and…
Ontario focuses on being Stellantis’ EV hub
Stellantis last week said it will spend $2.8 billion to retool a pair of assembly plants in Canada in preparation for making electric vehicles.The automaker said it will turn its Windsor and Brampton plants into "flexible, multi-energy…
For key Tesla supplier, Shanghai COVID lockdowns strain workers, spur chaos
But cases have been reported daily at an address belonging to the campus from March 26 to May 4, according to Shanghai government data. Quanta has not disclosed the number of cases among workers.
Calls seeking help to bring attention to…
American Axle’s Q1 net income plunges
American Axle joins much of the automotive supplier base this week in reporting bleak performances for the quarter, underscoring the financial pain that persists among suppliers even as automakers turn significant profits.
American Axle…
Dakkota CEO Andra Rush considers doubling footprint at Stellantis parts plant in Detroit
Stewart said Stellantis and Dakkota "worked hand in hand" with the city and partners to get the plant done.
"So pleased that Andra decided to locate it right here in Detroit so close to our facilities because as we go forward, another key…
Audi-McLaren Formula One deal unlikely, report says
Both Audi and VW Group declined to comment.
Manager Magazin reported earlier on Thursday that talks with McLaren were close to failing after months of negotiations.
VW Group has not previously been involved in Formula One but has worked…
Mark Stewart: Michigan ‘absolutely’ still in contention for new Stellantis EV plant
Michigan remains in contention for a new Stellantis electric vehicle battery plant as the automaker completes the final analysis before an anticipated announcement of a site.
Stellantis COO Mark Stewart said Thursday that the state…
Semcorp plans $916M outlay to produce EV battery materials in U.S.
Semcorp, a Shanghai-based producer of electric vehicle battery materials, plans to invest $916 million in a manufacturing plant in Sidney, Ohio, the company said Thursday.
The facility will make separator film for EV batteries. Semcorp,…
Ferrari Purosangue SUV will get V-12 power
MILAN — Ferrari's first SUV, the Purosangue, will be powered by the automaker's naturally aspirated 12-cylinder engine.
CEO Benedetto Vigna said: "We have tested several options, it was clear that the V-12, for the performance and driving…
Aston Martin’s new CEO, Amedeo Felisa, is staying for foreseeable future
Felisa spoke briefly on the call to outline his tasks. "My immediate objective will be to implement a new organizational structure," he said.
The new team will focus on broadening the company's engineering capability as well as focusing on…
Honda City Hybrid e:HEV Launched in India at Rs 19.49 Lakh
Honda Cars India officially launched the Hybrid e:HEV on Wednesday at Rs 19.49 Lakh. It is the first hybrid model in the compact sedan segment. The Honda City Hybrid e:HEV is the first Honda car to feature Honda…
BMW posts higher earnings | Automotive News
BMW and its rivals have shifted production to higher-margin models as output has been hampered by the semiconductor shortage and other supply-chain problems.
Despite delivering 6 percent fewer cars in the first quarter, BMW's auto revenue…
Stellantis Q1 report: Revenue rose 12% but global shipments slipped
MILAN -- Stellantis said sales rose in the first quarter, supported by strong pricing and a strong vehicle mix, as well as favorable exchange-rate effects, but it sees only a partial recovery in microchip supply issues this year.
Net…
Stellantis boosts revenue 12% despite chip crunch
MILAN -- Stellantis said sales rose in the first quarter, supported by strong pricing and a strong vehicle mix, and also by favorable exchange-rate effects, but it sees only a partial recovery in microchip supply issues this year.
Net…
BMW posts higher earnings on strong demand for top-end cars
BMW and its rivals have shifted production to higher-margin models as output has been hampered by the semiconductor shortage and other supply-chain problems.
Despite delivering 6 percent fewer cars in the first quarter, BMW's auto revenue…
Toyota to use innovative AI technology to boost factory efficiency
Kaizen, or continuous improvement, efforts are at the core of the Toyota Production System. All over the world, Toyota team members and managers search for every small improvement they can identify to eliminate a wasteful motion or a…
Ferrari Purosangue SUV will get V12 power
MILAN — Ferrari's first SUV, the Purosangue, will be powered by the automaker's naturally aspirated 12-cylinder engine.
CEO Benedetto Vigna said: "We have tested several options, it was clear that the V12, for the performance and driving…
VW anticipates more chip supplies in second half of the year
FRANKFURT -- Volkswagen Group stuck to its outlook for the current year after its global production network helped it offset supply chain disruptions caused by the war in Ukraine and the coronavirus pandemic.
The automaker expects the…
Aston Martin replaces CEO Tobias Moers with ex-Ferrari boss Amedeo Felisa
Stroll told Reuters that Moers had stabilized the company when it "needed immediate manufacturing, operation attention," but now Aston Martin needed a CEO to "focus on the bigger picture."
"Nobody knows how to make ultra-luxury performance…
Ferrari opts for V-12 engine for Purosangue SUV
MILAN — Ferrari's first SUV, the Purosangue, will be powered by the brand's powerful 12-cylinder engine when it is launched in coming months, CEO Benedetto Vigna said.
"We have tested several options, it was clear that the V12, for the…
Toyota launches AI devices on the assembly line to boost efficiency
Kaizen, or continuous improvement, efforts are at the core of the Toyota Production System. All over the world, Toyota team members and managers search for every small improvement they can identify to eliminate a wasteful motion or a…
Aston Martin replaces CEO Moers with ex-Ferrari boss Felisa
Stroll told Reuters that Moers had stabilized the company when it "needed immediate manufacturing, operation attention," but now Aston Martin needed a CEO to "focus on the bigger picture."
"Nobody knows how to make ultra-luxury performance…
Apple Reportedly Hires Veteran Ford Executive Desi Ujkashevic for EV Car Project
San Francisco: Apple has reportedly hired veteran Ford executive Desi Ujkashevic, as the iPhone maker plans to launch an electric car in 2024. Multiple reports claimed that Ujkashevic, who is Ford's global director…
Lear Q1 earnings: Adjusted net income plunges to $108M as inflation, industry headwinds slam…
"Because of the volatility around volume production, changes in schedules, those types of things, we looked at how we could combine different administrative roles between e-systems and seating," Scott said.
Lear optimized efficiency by…
Former Tesla engineer wants to manufacture next-generation battery materials in U.S.
SAN FRANCISCO - A battery startup founded by a former Tesla engineer announced Tuesday plans for U.S.-based mass production of next-generation materials aimed at cutting costs, boosting driving ranges and reducing the industry's reliance…
GMC adds high-end Denali Ultimate trim to 2023 Yukon
DETROIT — The 2023 GMC Yukon will be the brand's second nameplate to get the ultra-high-end Denali Ultimate trim, as average transaction prices continue to rise across the industry.
The Yukon Denali Ultimate is slated to go on sale this…
Hyundai and Vitesco ink $2.1B deal for electric-drive units for smaller cars
Initially the order is for a 400 watt/160 kilowatt unit, but Vitesco says the EMR4 system is scalable and can be used across segments on the same platform. It has a power range of 80 to 230 kw, compared with a narrower range of 120 to 150…
Rivian scores $1.5 billion in incentives to build its EV plant in Georgia
Electric-pickup maker Rivian Automotive Inc. is slated to receive $1.5 billion in state and local incentives to build an assembly plant near Atlanta, bolstering the company's production efforts despite local resistance to the project.
The…
BMW, Mercedes, selling car-sharing business to Stellantis
Brigitte Courtehoux, who heads Stellantis' mobility division Free2move, said the deal was part of the group's plans to grow net revenue from that business to 700 million euros ($735 million) in 2025 and to 2.8 billion euros in 2030, up…
Tesla in India: Manufacturing Cars in the Country Will Also Benefit Elon Musk, Says Nitin Gadkari
New Delhi: Reiterating his stand on Tesla manufacturing in India, Union Road Transport and Highways Minister Nitin Gadkari on Monday said that if Elon Musk comes to the country and makes Tesla cars here, that will…