Tag: auto industry
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Weird car designs are missing in today’s auto industry
Is it just me, or has all the fun been sucked away by the auto industry? In previous decades, a car’s unique design was something to ... -
South Korea to phase out ICE vehicles by 2035
South Korea’s President-elect Yoon Suk-yeol has reconfirmed previous government plans to phase out sales of new internal combustion engine (ICE) vehicles by 2035, according to local ... -
Lucky Motor launches the first European car in Pakistan
KARACHI: Lucky Motor Company (LMC), which assembles Kia cars in Pakistan, has collaborated with Stellantis to launch Peugeot’s European automobile for the first time in the ... -
Outlook for Data Security in the Automotive Industry
Glaring examples such as the LandWind X7 have grabbed the headlines, but with industry operating across tiers on a globally dispersed basis, a lot of engineering ... -
Car sales up 6pc in Feb despite dented demand
KARACHI: Cars in the country grew 6 percent to 18,054 units in February 2022, compared to 16,985 sold in January 2022, latest industry numbers showed on ... -
Biden restores California’s power to set tough tailpipe rules
“Automakers are committed to working cooperatively and constructively with California and other states to ensure vehicles are efficient, clean and affordable for everyone,” said John Bozzella, ... -
Mexican auto industry angry at ‘chocolate’ cars
Mexico passed a decree that now regularizes illegally imported cars that have never been marketed in the country for a one-time fee of 2,500 MXN (117 ... -
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Your next car will look more like a Tesla in a controversial way
When the You’re here The Model S came out ten years ago, it was unlike anything else on the market. And I’m not talking about the ... -
Central Maine auto dealers struggle with supply chain squeeze
AUGUSTA — As local auto dealerships roll out sales incentives related to Presidents Day, they continue to face severe inventory and parts shortages as they experience ... -
Ally Financial: Massive buybacks, credit quality, attractive P/E (NYSE: ALLY)
Just_Super/E+ via Getty Images Used car prices are good for lenders Second-hand cars prices increased by 40.5% in January 2022 compared to a year earlier. One ... -
Governor Whitmer Visits Hemlock Semiconductor to Discuss Michigan’s Global Manufacturing Leadership
Governor Gretchen Whitmer joined business, state and local officials for a tour of the Hemlock Semiconductor facilities Tuesday in Hemlock. She praised the global silicon and ... -
US States Whose Automotive Industry Has Been Hardest Hit During COVID-19 | Lifestyles
Photo credit: Phonlamai Photo / Shutterstock Amid recent concerns about inflation, rising prices for new and used vehicles have received particular attention. According to recent data ... -
Financing the recovery of auto sales – Manila Bulletin
In 2020, the automotive market virtually collapsed as a result of the COVID pandemic. Demand for vehicles vanished due to the uncertainties of the time and ... -
India’s captains of industry pay tribute to Rahul Bajaj
CHENNAI: India’s captains of industry have paid tribute to Rahul Bajaj, former chairman of Bajaj Auto, who died aged 83 on Saturday. Among those paying tribute ... -
Kane’s test positivity is stuck at 11.1%; 29,939 new cases in Illinois since Feb. 4; Canada’s Truck Blockade Threatens Auto Industry – Kane County Connects
EENCOURAGE OTHERS TO GET IMMUNIZED 4 p.m. THURSDAY OVERVIEW: US cases tend to drop below 200,000 days; Canadian Truck Blockade Threatens US Auto Industry; NYC set ... -
Explained: Why New Car Sales Are Falling While Used Cars Are Booming In India
NEW DELHI: Sales of passenger vehicles fell 10.7% in January 2022 from a year earlier as shortages of semiconductors continued to create supply shortages, the Federation ... -
Industrial Robot Firm Rokae Bags $63M in Strategic Financing
Your browser doesn’t support HTML5 audio Beijing-based robotics firm Rokae has recently obtained strategic financing of 400 million yuan ($63.16 million), according to Chinese media outlet ... -
Local auto shop no stranger to shortages at garages nationwide | News
UTICA, NY (WKTV) – Bloomberg reported on auto industry shortages in garages in October 2021. CBS did a national story in November. Detroit, Seattle and other ... -
Thinking of buying your next used car online? Here’s what you need to know
While the pandemic and a computer chip shortage continue to upend the auto industry, online used car dealerships are thriving. Sales at the three biggest online ... -
Sales of hybrid cars are catching up with diesel in Europe
Published on: 02/02/2022 – 11:18Amended: 02/02/2022 – 11:16 Paris (AFP)- Sales of hybrid cars hit a major milestone in Europe last year, as they captured the ... -
GM Mexico union vote begins this week with significant implications for labor
MEXICO CITY — More than 6,000 General Engines Mexican workers will elect a new union this week as an upstart group backed by international activists aims ... -
Internal strategies come to the rescue
This article comes to us courtesy of EVANNEX, which manufactures and sells aftermarket Tesla accessories. The opinions expressed therein are not necessarily ours at InsideEVs, nor ... -
Renault will build a new Alpine EV at the Dieppe site
PARIS — Renault will build a new all-electric model for its Alpine brand at its Dieppe site in northern France, chairman Jean-Dominique Senard said. “A few ... -
Intel’s big solution for chip shortage is a big factory in Ohio
Picture: Intel Intel has big plans for Ohio, lawmakers want to know what Tesla’s plans are in one of China’s most beleaguered regions, and Renault is ... -
Sticker shock is a reality for car buyers right now
According to a study, the price of buying a new or used car is increasing at a faster rate than the average wage growth in the ... -
After a whirlwind start, Stellantis must tackle Tesla and China
A view shows the Stellantis logo at the entrance to the company’s factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol Join now for FREE unlimited ... -
Coming out stronger: How the auto industry is handling the global chip crisis
The automotive components industry has experienced very difficult economic cycles in recent years. Automotive component suppliers invested heavily in new technologies to anticipate the introduction of ... -
finished vehicle logistics market is expected to grow by $ 20.28 billion | APL Logistics Ltd., ARS Altmann AG and CEVA Logistics AG emerge as dominant players
NEW YORK, January 6, 2022 / PRNewswire / – Finished Vehicle Logistics Market Overview – Attractive Opportunities in Finished Vehicle Logistics Market by Type and Geography ... -
Why Investors Should Consider Investing in the ICICI Prudential Nifty Auto ETF
ICICI Prudential Mutual Fund launched India’s first automotive ETF, namely ICICI Prudential Nifty Auto ETF. The offer aims to provide returns which closely match the total ... -
What future for the automotive industry in 2022?
From critical semiconductor chip shortages and shutdowns of major assembly plants, to soaring car prices and empty dealerships, 2021 has been a year to remember for ... -
The mules behind Formula 1’s high-performance engines
These performance engines are all based on the development of the first mules. In October 2021 we brought you news from Formula 1 plans to keep ... -
Commodities record best year since financial crisis rebound, Auto News, ET Auto
Heading into 2022, however, doubts are mounting over the extent to which commodities can continue to rise, as an expected slowdown in economic growth, especially in ... -
We Predict: 10 Stories We Plan To Write In 2022
How to succeed in a year like 2021? Well, maybe we would have said the same thing a year ago, when COVID-19 led to nationwide lockdowns, ... -
New comedy ‘American Auto’ takes American business in a unique way
AMERICAN AUTO – “Pilot” – Pictured: (ld) Michael Benjamin Washington as Cyrus, Ana Gasteyer as … [+] Katherine, Humphrey Ker as Elliot, Harriet Dyer as Sadie, ... -
Aftermarket industry expects better outlook in 2022
Brembo products also offer the functional benefit of improving the braking performance of a vehicle. PHOTOS BY ISAAC ATIENZA Auto-car products are among the products sought ... -
Daimler and BYD agree on future DENZA automotive joint venture
Daimler Greater China Ltd. and BYD Auto Industry Co., Ltd. signed a capital transfer agreement on December 24 to realign the structural configuration of their joint ... -
Pakistan’s auto sales expected to go up in 2022 amid tax relief
 Photo: Geo.tv/ file Auto sector in Pakistan expected to register robust growth in 2022 due to relief in taxes, duties by government. In first 11 months, ... -
Auto Analysts Expect EV Charger and Challenger Production to Go to Illinois
Although no plan has been announced, auto analysts predict that Stellantis will move production of electric Dodge Chargers and Challenger to the Belvidere, Illinois assembly plant ... -
Manufacturers plan to change production model just in time if disruption occurs
MONTREAL – For much of the past 21 months, Rami Aroosi has struggled to get enough bikes to fill the shelves at his downtown Ottawa bike ... -
Partnership with Tesla and less debt can drive Hertz shares higher
Text size These reports, extracted and edited by Barron’s, were recently published by investment and research firms. Reports are a sample of analysts’ thinking; they should ... -
Michigan Senate OKs incentives after Ford expands in South
LANSING â The Michigan Senate on Thursday quickly endorsed bills that would boost job-creation and expansion incentives offered to businesses, amid efforts to land unspecified major ... -
Toyota PH to close 2021 with 129,000 unit sales
As 2021 draws to a close, many car brands in the Philippines are undoubtedly watching their sales numbers. This year has been critical in every way ... -
GM raises its forecasts again
End of October, General Motors (GM -2.15% ) the stock slumped even as the auto giant posted a big profit for the third quarter. Investors and ... -
Lucid Group Appoints 3 Industry Veterans to Key Roles in Engineering, Sales, as Company Prepares for Growth – FutureCar.com
author: Eric Walz The Lucid Air was designed to be one of the most advanced electric vehicles in the world. Electric automaker Lucid Group is stepping ... -
New variant casts shadow over Thailand Motor Expo over concerns an outbreak could affect industry
Uncertainty over the new variant of Covid-19 Omicron hangs over the opening today of the Thailand International Motor Expo as companies promote their new electric vehicle ... -
Letters to the Editor: Auto Industry Readers Write, Critical Race Theory | Speak out
Keep the electric vehicle playground level Mr. Editor: As a Honda associate and longtime Calhoun County resident, I am deeply concerned about the recently proposed legislation ... -
Automakers May Announce Another Price Hike Soon, Auto News, ET Auto
Automakers fear that headline inflation and rising fuel prices make it impossible to pass on full cost implications. New Delhi: India has seen the most frequent ... -
Former Pontiac Dealer Kevin Rinke Pledges $ 10 Million in GOP Offer to Become Governor of Michigan
DETROIT – Kevin Rinke, who has amassed a fortune in auto dealerships and head injury care, is devoting $ 10 million of his personal fortune to ... -
Ferrari launches retro Daytona SP3 to honor racing cars from the 1960s. Read More
Ferrari has unveiled a new limited-edition retro model that the famous Italian manufacturer is touting as its most aerodynamically efficient car of all time. The Daytona ... -
Battery shortage could be the auto industry’s next chip crisis
Some experts believe that the auto industry will face a shortage of batteries in the years to come. It could reduce global auto production by around ... -
Toyota president to serve third term as head of Japanese automobile association
The president of Toyota Motor Corp. Akio Toyoda will remain at the head of the Association of Automobile Manufacturers of Japan beyond next May, for a ... -
Retooling auto factories for electric vehicles will cost billions. Biden wants to help
DETROIT, Nov. 17 (Reuters) – General Motors Co (GM.N) ‘Factory Zero’ in Detroit is at the forefront of a battle for the U.S. electric vehicle market ... -
Auto Industry Innovations Can Help Fight Climate Crisis, Says Hicks> US Department of Defense> Defense Department News
Climate change is a national security challenge and automotive innovations at work in Detroit may help the Department of Defense cope with the climate crisis, Assistant ... -
Japan cuts economic outlook after key indicator drops to year-long low
The coincident index down 3.8 points compared to the previous month – government Government cuts index valuation for first time since August 2019 TOKYO, Nov. 8 ... -
More fuel rate cuts by states likely to boost demand for auto industry – The New Indian Express
Through Express news service NEW DELHI: Days after the central government announced the reduction of excise duties on retail fuel prices, several states, especially those led ... -
Green references for hybrid cars under surveillance
Hybrid cars are increasingly popular in the European Union as environmentally conscious drivers shy away from their more polluting gasoline and diesel counterparts, but environmentalists warn ... -
Ontario Opposes Biden’s Protectionist Position on Auto Sector
Content of the article The Ford government is reaching out to top US politicians in hopes of thwarting the latest protectionist move from Washington. Content of ... -
Newsom, Buttigieg announce loans for California’s clogged ports
Not content to wait for Congress to pass a big infrastructure spending bill, Gavin Newsom and Pete Buttigieg moved on Thursday to inject $5 billion in ... -
Vingroup launches race for Asian brands of electric vehicles in the United States and Europe
HANOI – Vietnam’s largest conglomerate Vingroup is pushing hard as it prepares to enter Western auto markets with its first electric vehicles, just a few years ... -
Big Three Auto Executives 2021: Ford Motor Co.
William Clay Ford Jr.Executive Chairman,Chairman of the Board of Directors Ford has been a member of the companyâs board of directors since 1988 and has been ... -
The day – GMC expects record Sierra pickup sales as it struggles to keep up with demand
GMC is on track to achieve record sales of its heavy and light Sierra pickup trucks this year despite continued limited inventory amid a global shortage ... -
How will Qualcomm pack its acquisition of automatic software from Veoneer?
Qualcomm (NASDAQ: QCOM) is acquiring Veoneer‘s (NYSE: VNE) software segment for the automotive industry, but Qualcomm is a hardware designer. How will it condition this new ... -
$ 3,600 scholarships available for Alabama students interested in auto manufacturing jobs
ALABAMA – Interested in working in the Alabama auto industry? Two organizations are teaming up to offer scholarships and mentors to interested high school and college ... -
UAE and Saudi automotive industries accelerate shift from imports to local manufacturing
This year marks the centenary of the arrival of the first passenger car registered in the GCC – historians note that it arrived in Saudi Arabia ... -
The digital chassis is the future of automotive and chipmaker Qualcomm is well positioned to deliver it – TechCrunch
In September 1882, Thomas Edison flipped a switch inside his Pearl Street station, providing electricity to 3,000 incandescent bulbs in Lower Manhattan and sparking a revolution ... -
Energy transition facing a mining crossroads
This opinion piece was submitted by Katie Sweeney, Executive Vice President and General Counsel of the National Mining Association Today more than ever, mining policy is ... -
Dutch warn of global decoupling in EU chip law
ASML employees test a TwinScan at the ASML factory in Veldhoven, January 17, 2013. REUTERS / Michael Kooren / File Photo BRUSSELS, Oct. 13 (Reuters) – ... -
Luxury car sales rise in India as the super-rich emerge from pandemic gloom
Porsches, Lamborghinis and Mercedes roar the streets of Delhi and Mumbai as demand for luxury cars rises in India, a sign of the country’s economy accelerating ... -
Analysis: Tesla is accelerating the south by the southwest of the electric vehicle industry
AUSTIN, Oct. 8 (Reuters) – Tesla Inc’s (TSLA.O) decision to move its Austin, Texas headquarters from Palo Alto, Calif., Is speeding up the shift of jobs ... -
Auto production plunges in Brazil, Mexico as chip shortages hit
Cars are seen in a traffic jam during the morning rush hour in a period of social isolation in Brasilia, amid the outbreak of coronavirus disease ... -
German Economy To Hit Slowdown As Auto Industry Is ‘Critical’ – ‘Much Worse’ Than Months Ago | World | New
The Munich-based Ifo Institute warned that confidence fell to its lowest level in six months following prolonged shortages in September, causing the world’s largest auto industry ... -
Tesla achieves record third quarter sales, chip shortage outshines rest of industry
How severe is the global semiconductor chip shortage? Choose the story you want to prove. Because everyone bought so many Peloton bikes and Nintendo Switches when ... -
Record sales of unwanted loans fuel dividend payouts
U.S. companies have sold a record amount of notorious loans to raise funds for dividends this year, fueled by a recovering economy and investor demand for ... -
Tesla co-founder turned Ford partner: electric vehicles have exceeded “critical mass threshold”
MEMPHIS, Tenn. – JB Straubel has spent most of the past two decades at Tesla Inc. trying to disrupt the auto industry and pushing historic automakers ... -
GM’s electric Cadillac is already sold out: what it means
General Motors (NYSE: GM) was one of the first major global automakers to say it would challenge the leader in electric vehicles You’re here (NASDAQ: TSLA). ... -
Toyota outperforms GM in US for second consecutive quarter
In the third quarter, Toyota TM -0.07% said it sold 566,005 vehicles in the United States, beating GM’s total sales for the period by about 119,000 ... -
Bentley takes diversity seriously
Bentley UK staff pose with the Unifying Spur at the company’s plant in Cheshire, England. BENTLEY ENGINES The auto industry is littered with diversity and inclusion ... -
Chinese electric car makers enter Europe
MUNICH / BEIJING, Sept. 30 (Reuters) – Chinese electric car makers are heading into Europe, hoping to catch traditional auto giants cold and grab a share ... -
Toyota to lead GM US sales again in third quarter, Edmunds and TrueCar predict
Two industry forecasters believe Toyota Motor North America has backed what is not “sustainable” and will beat General Motors in US sales for a second straight ... -
Yellen warns of ‘catastrophic’ consequences of exceeding debt ceiling
WASHINGTON – Treasury Secretary Janet Yellen on Tuesday warned lawmakers of the “catastrophic” consequences if Congress does not raise or suspend the legal debt limit in ... -
Switching to electric vehicles means enormous ‘requalification’ work for Europe – report
An electric taxi is seen being charged at a BP Pulse electric vehicle charging point in London, Britain July 16, 2021. Photo taken July 16, 2021. ... -
Official: the automotive market will exceed expectations
A parking area for new cars of the Sino-Japanese joint venture Dongfeng Honda in Wuhan, Hubei Province, is seen from above on September 16. [Provided to ... -
Germany’s Electric Car Program Is About Defending Its Auto Giants’ Profits
Germanyâs politicians have decided that the country ought to become carbon neutral. In the run-up to the general election on September 26, all parties have committed ... -
Five myths about electric vehicles
(Shutterstock via Associated Press) Rory Caroll is the editor of Jalopnik. A number of automakers say they have started phasing out internal combustion engines, with most ... -
How supply chain issues are mostly to blame – NBC Connecticut
It still happens. Toilet paper aisles – sold out. Store shelves – empty. Panic buying is back. Some stores already have limits on items. Costco limits ... -
Biden official reveals failure of epic US chip shortage
“It’s a huge problem,” Commerce Secretary Gina Raimondo told CNN before leading a White House meeting with chip makers and users. “Everything in your life that ... -
SBP puts brakes on financing for imported vehicles – Newspaper
⢠Maximum tenure of auto financing cut from seven to five years⢠Minimum down payment for car financing raised from 15pc to 30pc⢠Central bank maintains ... -
Which car was ahead of its time?
Photo: DG While some cars seem to have been around for too long, others wow us with innovative designs and premonitory ideas about what the auto ... -
Rapid switch to electric vehicles could create more than 150,000 jobs in the United States by 2030
While the transition to electric vehicles is “inevitable,” the consequences for American workers depend on how policymakers manage the change. With “smart policy”, lawmakers can turn ...