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Showing posts from March, 2022

Stellantis wants to buy more semiconductors from suppliers in U.S., Europe

The automaker has "lots of initiatives" in place to develop more local sourcing of semiconductors, Tavares said. from Section Page News - Automotive News https://ift.tt/HplIGWe via IFTTT

Giga casting and robots: How VW's Trinity project aims to catch up with Tesla

VW aims to slash production times at its new Trinity plant by using techniques such as large die casting and cutting the number of components in its cars by several hundred. from Section Page News - Automotive News https://ift.tt/N1CfSK6 via IFTTT

IIHS says many SUVs performed poorly in seat belt alert evaluation

IIHS said that only the Subaru Ascent and Subaru Forester earned a good rating. from Section Page News - Automotive News https://ift.tt/nCO8cSU via IFTTT

How Tesla avoids nickel shortages

The invasion of Ukraine has given electric-vehicle makers heartburn over the supply of nickel, since Russia is one of the world's biggest producers. But Tesla has been scouring the globe for the metal and signing pacts with several nickel suppliers since 2021. from Section Page News - Automotive News https://ift.tt/X3AqSl2 via IFTTT

Magna to build $40M EV battery housing plant in Ontario to supply Ford F-150 Lightning

Canadian automotive supply giant Magna International is building a $40-million factory in Chatham, Ont., to better serve Ford Motor Co. with much-needed battery enclosures for the new Ford F-150 Lighting electric pickup. from Section Page News - Automotive News https://ift.tt/QcKNik4 via IFTTT

Mercedes readies new GLC to battle BMW, Audi, Volvo premium midsize crossovers

Mercedes will launch the new GLC this autumn only with small four-cylinder engines, either in plug-in hybrid or 48-volt mild hybrid configurations.  from Section Page News - Automotive News https://ift.tt/VW2mnAo via IFTTT

Genesis' big retail step: Its first standalone U.S. store

Genesis's first standalone retail store in Lafayette, La., is the first of six that are scheduled to open by the end of the year. from Section Page News - Automotive News https://ift.tt/wXYp1Ee via IFTTT

Automakers, suppliers struggle as Shanghai locks down for latest COVID outbreak

Key suppliers Aptiv and Thyssenkrupp have sent workers home because of the need to enforce COVID controls. from Section Page News - Automotive News https://ift.tt/TnI8zNr via IFTTT

Mercedes cuts production again at flagship German plant on Ukraine parts shortages

Mercedes said the factory, which builds the flagship S-Class and EQS sedans, is continuing to operate despite parts shortages. from Section Page News - Automotive News https://ift.tt/OZAdPGx via IFTTT

GM keeps up Shanghai output with workers sleeping on factory floor; Aptiv idles plant

GM builds Buick, Chevrolet and Cadillac vehicles with Chinese state-owned automaker SAIC in an area of Shanghai that has been locked down during the city's COVID-19 outbreak. from Section Page News - Automotive News https://ift.tt/Ho4vUxd via IFTTT

VW shareholder says Ukraine could affect Porsche IPO timing

Top Volkswagen shareholder Porsche SE supports plans to list Porsche AG but the Ukraine conflict could affect the proposed IPO's timing. from Section Page News - Automotive News https://ift.tt/E9n6JUP via IFTTT

Tight supplies, cloudy outlook to dent March, Q1 sales

March U.S. new-vehicle sales are projected to drop 24 to 26 percent, with the annualized sales pace falling to 12.7 million to 13.1 million, down from 17.79 million in March 2021, and well below January and February levels. from Section Page News - Automotive News https://ift.tt/NAOJX5S via IFTTT

GM keeps up Shanghai output with workers sleeping on factory floor, report says

GM builds Buick, Chevrolet and Cadillac vehicles with Chinese state-owned automaker SAIC in an area of Shanghai that has been locked down during the city's COVID-19 outbreak. from Section Page News - Automotive News https://ift.tt/0UPQWYj via IFTTT

Senate passes $52 billion bill to boost U.S. microchip manufacturing

A persistent global shortage of chips has disrupted production in the automotive and electronics industries, forcing some firms to scale back production, and there have been growing calls to decrease reliance on foreign semiconductors. from Section Page News - Automotive News https://ift.tt/YECQcGr via IFTTT

Ford adds Rattler off-road package to 2023 F-150

The package, on sale this fall, will be available on the XL trim. from Section Page News - Automotive News https://ift.tt/WRykLEK via IFTTT

Throughput recovers at U.S. dealerships last year

The number of U.S. dealerships fell slightly in 2021. But average throughput, or new-vehicle sales per franchise, increased, according to Automotive News' annual dealership census. from Section Page News - Automotive News https://ift.tt/Xkanc2R via IFTTT

1st of 4 Automotive News Congress events set for May 18

The Automotive News Congress has been transformed for 2022. Automotive News will host events in four key markets. from Section Page News - Automotive News https://ift.tt/1DAW3r4 via IFTTT

GM, dealers collaborate in quest to boost profits

To reduce what it calls "waste" in dealerships' operations, GM has rolled out free tools that track incoming inventory, find areas where stores can make more money and suggest the fastest-moving inventory to order. from Section Page News - Automotive News https://ift.tt/LitynbH via IFTTT

Where metaverse meets ‘motorverse'

The metaverse — where the virtual and physical worlds meet — is poised to take in-vehicle entertainment to places typically associated with science fiction movies. from Section Page News - Automotive News https://ift.tt/FcWbXJu via IFTTT

Russian invasion of Ukraine may leave manufacturers hesitant to return

Many of the companies that have moved operations outside of Ukraine or Russia might not be quick to return. from Section Page News - Automotive News https://ift.tt/kMVTeC6 via IFTTT

Jeep aims to broaden reach with Grand Cherokee 4xe plug-in

Jeep took its time developing the plug-in hybrid version of the Grand Cherokee to ensure it can handle whatever obstacles it faces. from Section Page News - Automotive News https://ift.tt/Us6kLbG via IFTTT

$13.5B committed to North American EV battery plants only scratches the surface

Automakers and battery companies are spending unprecedented sums of money as they build out North America's EV supply chain. from Section Page News - Automotive News https://ift.tt/bmPvcnM via IFTTT

Tesla to idle China plant as Shanghai moves to stem virus

Shanghai will lock down the city in two phases to conduct a mass testing blitz for COVID-19, as authorities scramble to staunch a spiraling outbreak in the Chinese financial hub and beyond. from Section Page News - Automotive News https://ift.tt/yjBWT4G via IFTTT

Continental has a plan to let drivers look around corners

Continental says its Collective Perception system can allow vehicles to pull together image data from other vehicles and infrastructure sensors to improve a driver's field of sight. from Section Page News - Automotive News https://ift.tt/TND46C7 via IFTTT

Lawsuit puts focus on exemption for car loans with GAP

Federal officials have again argued that bundled guaranteed asset protection coverage renders an auto loan subject to the Military Lending Act, raising a potential concern for dealerships and the auto finance industry. from Section Page News - Automotive News https://ift.tt/6Pt4m2T via IFTTT

BMW dealership interiors will be upgraded

BMW's future showrooms will feature fewer cars, and each model will have a display with lounge like seating, unique lighting elements and premium furnishings. from Section Page News - Automotive News https://ift.tt/2zgejkS via IFTTT

EV charger installation sparks dealership sticker shock

A lot of dealers have discovered that installing powerful fast chargers for electric vehicles — as some brands are requiring dealerships to do — is a complicated, expensive and time-consuming exercise. from Section Page News - Automotive News https://ift.tt/P40g8Fe via IFTTT

Ex-California Air Resources Board Chair Mary Nichols on zero-emission transportation

In this Q&A, former California Air Resources Board Chair Mary Nichols discusses her work with the Coalition for Reimagined Mobility, whether high gasoline prices are a crisis or opportunity, and the persistent longevity of the internal combustion engine. from Section Page News - Automotive News https://ift.tt/vi10UG6 via IFTTT

U.S. judge approves SEC payout from Elon Musk, Tesla settlements

U.S. District Judge Alison Nathan's approval came after Musk said the SEC had ignored its "court-ordered duty" by waiting nearly 3-1/2 years to make the payout to investors in his electric car company. from Section Page News - Automotive News https://ift.tt/pkRxPb6 via IFTTT

Lithia sells California dealership; Ken Ganley Automotive and Ourisman Automotive add dealerships

Lithia Motors sold a dealership in California in March, while buyers of recent dealership acquisitions include Ken Ganley Automotive Group, Ourisman Automotive Group and Sam Toliver and Shelton Toliver. from Section Page News - Automotive News https://ift.tt/e5wafRs via IFTTT

Ferrari teases its new crossover

The Purosangue will be unveiled by the end of this year with deliveries expected to begin in 2023. Earlier spy shots hint at the vehicle being more of a crossover than a traditional SUV. from Section Page News - Automotive News https://ift.tt/SzWU02w via IFTTT

Ex-Reynolds CEO Robert Brockman complains IRS seized wife's bank account

Robert Brockman says the IRS emptied his wife's account and shunned an offer by his family’s Bermuda trust to set aside $1.45 billion while he contests the agency’s civil claims. from Section Page News - Automotive News https://ift.tt/BeK9fjm via IFTTT

Ex-Reynolds CEO Brockman complains IRS seized wife's bank account

Robert Brockman says the IRS emptied his wife's account and shunned an offer by his family’s Bermuda trust to set aside $1.45 billion while he contests the agency’s civil claims. from Section Page News - Automotive News https://ift.tt/EjwzUte via IFTTT

VW will delay the ID5 electric car launch by a month due to a lack of wire harnesses from Ukraine

VW has been unable to produce enough ID5 exhibition and demonstration vehicles for dealerships. from Section Page News - Automotive News https://ift.tt/UkYHtnp via IFTTT

Stellantis revives inline-six engine; 2 twin-turbo engines debut this year

Stellantis vehicles that are front-engine, rear-wheel drive, such as pickups and SUVs, will be available in the 2023 model year with a new 3.0-liter inline-six, the first for a Jeep or Dodge since 2006. from Section Page News - Automotive News https://ift.tt/Mur0Zyh via IFTTT

Uber to list NYC taxis on its app

Uber thinks listing all New York City taxis on its app might help the ride-hailing firm overcome a driver shortage in the city. from Section Page News - Automotive News https://ift.tt/XKGhgrO via IFTTT

Veoneer says Qualcomm deal to close next week

Chipmaker Qualcomm and SSW Partners, an investment firm based in New York, said in October they had reached an agreement to buy Veoneer for $4.5 billion. from Section Page News - Automotive News https://ift.tt/xr7MwXy via IFTTT

Nissan staying with hybrids as the competition plans to go all-EV

Nissan will launch three hybrid crossovers this year: the Qashqai compact e-Power, the Juke hybrid and the X-trail e-Power. from Section Page News - Automotive News https://ift.tt/69Z1a8x via IFTTT

Supply chain disruptions force Mazda to idle two Japan plants for two days

Mazda will suspend production at its two domestic factories for two days in April as factors including a rise in COVID-19 cases in China cause supply disruptions. from Section Page News - Automotive News https://ift.tt/mz9MYa6 via IFTTT

VW will start production again at its German EV factories

Production of VW, Audi and Cupra compact battery-electric cars built on VW Group's MEB platform will be resumed after supply constraints eased. from Section Page News - Automotive News https://ift.tt/jMn3Gud via IFTTT

Toyota, Aurora test-drive autonomous ride-hailing fleet in Texas

Toyota's Sienna minivans, retrofitted with Aurora's self-driving system, will be tested on highways and suburban streets in the Dallas-Fort-Worth area, with the operation including trips enroute to an airport. from Section Page News - Automotive News https://ift.tt/f9d052m via IFTTT

Geely flags costs, chip shortage after 12% drop in 2021 profit

The highest-profile Chinese automaker, thanks to its investments in Volvo Cars and Mercedes, reported a 2021 profit of 4.85 billion yuan ($761.64 million). from Section Page News - Automotive News https://ift.tt/YCTD8VS via IFTTT

Amid Ukraine war and rocket attacks, supplier Leoni boosts wire harness output

Leoni said the determination of its Ukraine employees to continue working amid the Russian invastion of their country was impressive. from Section Page News - Automotive News https://ift.tt/xm0i6vO via IFTTT

Toyota launches $826 million stock buyback amid business disruptions

The buyback announcement comes as the top-selling automaker’s shares have taken a hit in recent months as it faces a windfall of disruptions. from Section Page News - Automotive News https://ift.tt/xecvAaQ via IFTTT

Leoni boosts Ukraine wire harness output amid risk of Russian rocket attacks

Leoni said the determination of its Ukraine employees to continue working amid the Russian invastion of their country was impressive. from Section Page News - Automotive News https://ift.tt/kXECIw2 via IFTTT

Stellantis to set up EV battery venture with LG Energy Solution in Canada

LG also said it plans to acquire a stake worth $542 million in ES America to respond to demand from EV startups in the U.S. from Section Page News - Automotive News https://ift.tt/6wEydeP via IFTTT

SEC says Tesla's Musk should abide by agreement over tweets

The SEC also rejected what it called Musk's "substantively meritless" motion to quash a subpoena requesting records concerning his Twitter poll last November over whether to sell some of his Tesla stock. from Section Page News - Automotive News https://ift.tt/YER7vM4 via IFTTT

Maserati packs Grecale SUV with powerful engines

The Grecale will arrive in European dealerships in the third quarter and will be available with a regular gasoline engine and two mild-hybrid versions. A full-electric version will launch in 2023. from Section Page News - Automotive News https://ift.tt/ADtqyBJ via IFTTT

Graphite supplier expanding U.S. operations for EV battery production

It would be among the first large-scale graphite processing plants in the country and the first domestic plant for Graphex, which has roots in Hong Kong. from Section Page News - Automotive News https://ift.tt/LNmT8Fu via IFTTT

Tesla hands over first Model Ys at German plant; Musk pursues new master plan

The opening comes as CEO Elon Musk has flagged his Master Plan Part 3 for Tesla, which he said will map out scaling the automaker to "extreme size." from Section Page News - Automotive News https://ift.tt/8fYO0qr via IFTTT