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Showing posts from October, 2020

Ford targets fleet buyers with EVs and extras

The company is spending $11.5 billion electrifying its vehicle lineup, but it isn't aiming to be the next Tesla. It wants to be the next Peloton. from Section Page News - Automotive News https://ift.tt/34Np1at via IFTTT

Toyota's 'engineers' sandbox' for serious business of AV testing

At the Toyota Research Institute's Automated Vehicle Test Facility, near Toledo, Ohio, engineers work in the safety of an isolated test environment to develop tomorrow's automated driving technology. from Section Page News - Automotive News https://ift.tt/2JiqmgY via IFTTT

COVID-19 brings out worst — and best — reviews

As the pandemic rages on, retailers often find themselves in conflict with consumers who expect more social distancing and mask-wearing or who resent being told to follow protocols. The tension has caused some of the most negative — and positive — online reviews and social media posts that reputation experts have seen. from Section Page News - Automotive News https://ift.tt/3mKLbjL via IFTTT

CarLotz's go-public goal: Streamline sales

CarLotz is the latest online used-vehicle outlet to go public in the past few months, following Vroom and Shift. How will it differentiate itself? "We are consolidating all the middlemen into one middleman." from Section Page News - Automotive News https://ift.tt/3kJnjfz via IFTTT

Lordstown's challenge: Starting deliveries of Endurance EV pickup in a year

With just 50 engineers, one drivable truck and 40,000 preorders, cash-flush Lordstown Motors will not only need every single thing to go right to launch its EV truck next year, it'll also need some luck. from Section Page News - Automotive News https://ift.tt/3jDbqGQ via IFTTT

Tesla lockouts expose cloud drawbacks

As automakers seek to make their vehicles more connected, a network outage proves there are still some wrinkles to iron out. from Section Page News - Automotive News https://ift.tt/3mCXX3B via IFTTT

Daimler invests in lidar startup Luminar to bolster self-driving truck effort

The announcement comes just days after the German company struck a deal with Alphabet Inc.'s Waymo to use its driverless technology on heavy trucks. from Section Page News - Automotive News https://ift.tt/2JkMWWq via IFTTT

Carvana shrinks net loss, reports first operating profit

Top-line growth at the online used-vehicle retailer, like its peers and competitors, remained strong but below the pace of prior quarters, largely because of inventory shortages. from Section Page News - Automotive News https://ift.tt/34HlES9 via IFTTT

Ford eyes first-year sales of 100,000 vehicles with hands-free driving system

Ford's Active Drive Assist will be offered first on the redesigned F-150 pickup and the electric Mustang Mach-E, both of which go on sale later this year. But the feature will not be activated until the third quarter of 2021. from Section Page News - Automotive News https://ift.tt/3ebgtgH via IFTTT

LG Chem wins shareholder approval to spin off battery business

Splitting out the unit that supplies batteries to Tesla and other automakers will cement the South Korean supplier's status as a key challenger to China’s Contemporary Amperex Technology Co. as global demand for electric vehicles rises. from Section Page News - Automotive News https://ift.tt/35GhysI via IFTTT

Polestar looks to tap external funding, reports say

The automaker controlled by Volvo Cars and Zhejiang Geely Holding is in advanced talks with investors to raise $800 million to $900 million, according to Reuters, while Bloomberg reported that the figure is at least $500 million. from Section Page News - Automotive News https://ift.tt/2HFgaPr via IFTTT

Toyota to invest $500 million in KDDI to deepen ties for 'connected car'

After decades of focusing on making and selling cars, Toyota is increasingly turning to partners to help develop expensive new vehicle technologies as it tries to transform itself into a mobility services company. from Section Page News - Automotive News https://ift.tt/3oIidCX via IFTTT

Fisker closes deal to go public via merger

The electric vehicle maker said the transaction will fund development of the Ocean SUV through the start of production in late 2022. from Section Page News - Automotive News https://ift.tt/3e7hBla via IFTTT

Sonic Q3 net income more than doubles

Despite a dip in overall revenue the retailer was aided by soaring new-vehicle gross profits per unit and lower costs. from Section Page News - Automotive News https://ift.tt/3kEQLU7 via IFTTT

Aptiv's 15% net income gain in Q3 seen as positive sign

Autonomous driving technologies and driver-assist systems supplier Aptiv also reported that revenue in the third quarter grew 3 percent to $3.67 billion. from Section Page News - Automotive News https://ift.tt/3mwpgfZ via IFTTT

Tesla plans to open about 52 new service centers in 2021, report says

Last week, analysts at Brokerage RBC noted that Tesla's investment in service and quality has not been enough to keep up with its increasing sales and has the potential to damage the brand. from Section Page News - Automotive News https://ift.tt/3e60nEO via IFTTT

Genesis fully unwraps GV70 crossover coming next year

The GV70 is the second crossover for the upstart Korean luxury brand and will be the fifth vehicle in its U.S. lineup when it arrives sometime next year. from Section Page News - Automotive News https://ift.tt/3e95WCz via IFTTT

Panasonic developing new battery cell for Tesla as quarterly profit rises

The Japanese supplier's decision to work on the new cell for Tesla comes as brisk sales of the automaker's EVs have stabilized profits at their joint battery venture in Nevada. from Section Page News - Automotive News https://ift.tt/37PFmgu via IFTTT

Ford's electric van, E-Transit, set for Nov. 12 debut

Ford sees a significant opportunity to gain sales and market share by selling electric vehicles to business owners and fleet operators. It plans to offer software and telematics services in addition to vehicles. The E-Transit is expected to go on sale in 2021. from Section Page News - Automotive News https://ift.tt/2TC65oF via IFTTT

VW returned to profit in Q3 as pandemic recovery continues

The automaker benefited from its large footprint in China, its biggest market, where deliveries in the quarter were up 3 percent from a year earlier. from Section Page News - Automotive News https://ift.tt/3kGdRcP via IFTTT

2021 Nissan Titan XD Expert Review

The 2021 Nissan Titan XD is a strong, rugged crew-cab pickup with a 6.5-foot bed, standard 4-wheel drive, and decent off-road ability. Occupying the ground between half-ton trucks (like the Ford F-150) and three-quarter-ton pickups (like the Ford F-250), it has greater towing and payload capacity than the standard Titan and the Toyota Tundra.. from Kelley Blue Book https://ift.tt/35KXC8k via IFTTT

2021 Ram HD Expert Review

The 2021 Ram 2500 and 3500 Heavy Duty pickups are multi-talented. From a work point of view, their payload and towing capacities can get virtually any job done. From a power perspective, Ram HD trucks offer an earth-shaking 1,000 lb-ft of torque. As for luxury and technology, there’s leather upholstery and high-resolution 12-inch infotainment screens, plus many safety features on the menu.. from Kelley Blue Book https://ift.tt/3kFfozV via IFTTT

Kyle Busch wins rain-delayed NASCAR playoff race in Texas

FORT WORTH, Texas — Out of contention to defend his NASCAR Cup title, Kyle Busch at least extended his season winning streak to 16 with his first victory of 2020. He also denied a needed victory for Martin Truex Jr., his penalized Joe Gibbs Racing teammate who still has a ... from www.washingtontimes.com stories: Racing https://ift.tt/2TxeREa via IFTTT

Fiat Chrysler swings to profit in Q3 as North America posts record results

The automaker, in one of its final earnings reports before its merger with PSA Group, said it earned an adjusted $3 billion in North America, up 26 percent from a year earlier. from Section Page News - Automotive News https://ift.tt/37MI4n9 via IFTTT

GM's Super Cruise rated ahead of Tesla Autopilot by Consumer Reports

A Tesla Model Y fitted with Autopilot finished "a distant second" to a Cadillac CT6 equipped with Super Cruise, which GM is rolling out to more than 20 vehicles -- including its new Hummer EV -- over the next three years. from Section Page News - Automotive News https://ift.tt/2TyF71g via IFTTT

Europe targets 30% of global battery cell production

Peter Altmaier, Germany's economic minister, said Europe will have to produce nearly one-third of the world's battery cells by 2030 to remain competitive.  from Section Page News - Automotive News https://ift.tt/2J5P7wK via IFTTT