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Showing posts from February, 2021

Bidirectional EVs could lend a hand in power crisis

Using two-way power, electric vehicles actually may help during a power crisis such as the one the one that afflicted Texas. from Section Page News - Automotive News https://ift.tt/2ZWvz3g via IFTTT

Nissan's Saikawa praises ex-boss Ghosn during trial

In the trial of former Nissan executive Greg Kelly, ex-CEO Hiroto Saikawa said he thought Carlos Ghosn deserved his generous retirement packages. from Section Page News - Automotive News https://ift.tt/37Zju1s via IFTTT

New-school solution for recruiting auto techs

While other dealerships struggle to find technicians, Magic Toyota in Edmonds, Wash., is training its own techs in-house, hiring a full-time professor to lead staff development efforts. from Section Page News - Automotive News https://ift.tt/3rhi5LD via IFTTT

Startup plan takes hold at Ind. plant

The old Hummer plant in Mishawaka, Ind., has seen ventures come and go. It now has a well-financed startup on-site. from Section Page News - Automotive News https://ift.tt/3dUqzEi via IFTTT

Polestar expands to mid-America

By the end of 2022, the electric vehicle maker hopes to have 35 stores in the U.S. from Section Page News - Automotive News https://ift.tt/3uFj5ev via IFTTT

Step one: Find weak links in U.S. supply chains

President Joe Biden's directive to identify risks in the nation's critical lines is part of an effort to boost domestic manufacturing and address the global semiconductor chip shortage. from Section Page News - Automotive News https://ift.tt/2NPx1ll via IFTTT

Dealer profits surge 48% to record in a ‘unique' 2020

The 2020 figure blew by the industry's previous profit record for the average store, recorded in 2015. from Section Page News - Automotive News https://ift.tt/3kEPRHZ via IFTTT

In SPACs, dealers see viable option to go public

Franchised dealers are talking to their accountants, lawyers and other advisers about the possibility of going public via special purpose acquisition companies, or SPACs, which have exploded in number during the past year. from Section Page News - Automotive News https://ift.tt/3uIFkQA via IFTTT

The latest numbers on auto production affected by the microchip shortage

Here is the latest tally measuring the impact of the global microchip shortage on vehicle production, as provided by AutoForecast Solutions. from Section Page News - Automotive News https://ift.tt/3dXa7n0 via IFTTT

Carvana to add prep centers to turn cars

Customer demand is outstripping its ability to prepare vehicles for sale fast enough. The used-vehicle retailers plans to add 10 inspection and reconditioning centers over the next two years to help. from Section Page News - Automotive News https://ift.tt/3uH7WKg via IFTTT

Toyota banks on plug-ins as rivals push BEVs

The automaker's decision to add at least a third PHEV nameplate to its U.S. lineup next year bucks a trend that has seen other automakers pull back their offerings as full battery-electric vehicles proliferate. from Section Page News - Automotive News https://ift.tt/38cMovt via IFTTT

Fisker aims to capture iconic appeal of the Mini, VW Beetle with 'affordable' EV

Former Aston Martin designer Henrik Fisker would not be drawn on the car's body shape but promised something radical. "The only thing that makes it a car is that it has four wheels and needs to be certified as a car," he said. from Section Page News - Automotive News https://ift.tt/37TcjYG via IFTTT

The awkward timing of Hyundai's EV recall

The automaker is facing a $900 million recall to replace battery systems in 82,000 vehicles. from Section Page News - Automotive News https://ift.tt/3kvgfE4 via IFTTT

Jeep keeps Cherokee name, opens dialogue

The Cherokee Nation wants Jeep to stop using its name on two high-volume vehicles, and though the brand hasn't agreed to do that, the two sides expect to continue talking about the issue. from Section Page News - Automotive News https://ift.tt/3kzkfDx via IFTTT

Plug-ins key in Toyota’s U.S. plans as other automakers push BEVs

The automaker's decision to add at least a third PHEV nameplate to its U.S. lineup next year bucks a trend that has seen other automakers pull back their offerings as full battery-electric vehicles proliferate. from Section Page News - Automotive News https://ift.tt/3ksHdwe via IFTTT

Tavares warns Stellantis' Italian plant costs are twice as high as France, Spain

The Stellantis CEO said the problem was primarily not labor costs but production costs on FCA models that did not sell in anticipated numbers. from Section Page News - Automotive News https://ift.tt/3b0jCju via IFTTT

Dealers in Texas putting wintry mess in rearview

The snow, ice and astoundingly frigid temperatures that devistated power and water systems in mid-February was just the latest catastrophe to hit Texas dealers. from Section Page News - Automotive News https://ift.tt/37RPggN via IFTTT

Here are the mileage ranges of the top EVs

J.D. Power's U.S. Electric Vehicle Experience Ownership Study said that range accuracy accounts for 20 percent of customers' overall satisfaction. from Section Page News - Automotive News https://ift.tt/2PihriL via IFTTT

How incentives revived Ontario

New multibillion dollar investment plans by the Detroit 3, combined with government incentives, show that Canada's global profile in the auto industry is on the rise. from Section Page News - Automotive News https://ift.tt/2P8w2wY via IFTTT

VW expects strong rebound in sales, deliveries in 2021

The group expects revenues and deliveries to bounce back after the impact of the coronavirus pandemic and is projecting an operating margin of 5 percent to 6.5 percent for the year. from Section Page News - Automotive News https://ift.tt/3qXudRF via IFTTT

Hyundai bought chips when rivals didn't; its assembly lines are still rolling

Other than Toyota, which said this month it had enough chip inventory to last it about four months, Hyundai and its sister firm Kia are the only global automakers to have maintained a stockpile of low-tech chips that helped them keep up production. from Section Page News - Automotive News https://ift.tt/3pXpu10 via IFTTT

Huawei, battered by U.S. sanctions, plans foray into EVs, report says

Huawei Technologies is in talks with state-owned Changan Automobile and other automakers to use their car plants to make its EVs, Reuters reported. from Section Page News - Automotive News https://ift.tt/3uCN5aC via IFTTT

China's Huawei, battered by U.S. sanctions, plans foray into EVs, report says

Huawei Technologies is in talks with state-owned Changan Automobile and other automakers to use their car plants to make its EVs, Reuters reported. from Section Page News - Automotive News https://ift.tt/3dQql14 via IFTTT

Nissan claims breakthrough in engine CO2 emissions

Nissan said it has achieved 50 percent thermal efficiency with its in-development e-Power hybrid technology, which could lead to a further reduction of car CO2 emissions. It did not say when the technology would be launched. from Section Page News - Automotive News https://ift.tt/37M4ggg via IFTTT

Fisker willing to borrow cash to fund vehicles

Raising cash will be vital as Fisker prepares to roll out two vehicles in as many years. The company has just under $1 billion in cash, and will spend about $450 million of it on capital expenditure this year. from Section Page News - Automotive News https://ift.tt/3uwgeo2 via IFTTT