Biyernes, Abril 30, 2021

Kia: Don't call the Carnival a minivan (although it is)

The automaker argues that the minivan label doesn't quite fit the Sedona's replacement, so it's calling it an MPV and trying to help the term catch on.



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Waymo ranked No. 1 among automated driving systems companies

A new report by the consulting firm Guidehouse has Waymo in the lead among 15 companies developing the technology.



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Volvo's tech outsourcing gambit

Volvo and its affiliated Polestar brand are early adopters of Google's new vehicle operating system.



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Salesman charged with faking employee discounts, costing FCA $8.7M

Apollon Nimo, 34, illegally used discount codes to become one of the top FCA salesmen in the country, federal authorities said Friday. Most of his customers at a suburban Detroit dealership claimed to be a brother-in-law or sister-in-law of an employee.



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Dick's Auto Group of Oregon buys Chevy dealership

Shannon Inukai-Cuffee and Scott Inukai, owners of Dick's Auto Group, bought Bruce Chevrolet in Hillsboro, Ore., from longtime owner Bruce Patchett.



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UAW wants EV tax incentives revised to require U.S. assembly

The union said it's working to ensure that "the final legislation extending electric vehicle subsidies is clear that those investments subsidize the jobs of U.S. workers."



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Barra's pay rose to $23.7M in 2020

GM’s CEO remained the highest-paid Detroit 3 chief executive last year; she’s also the only one who doubles as chairman.



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Credit Acceptance CEO Brett Roberts to retire; firm settles lawsuit over lending practices

The longtime subprime auto lender reached a $27 million settlement with the Massachusetts attorney general tied to alleged deceptive loan practices.



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Lawsuit accusing Ohio JLR dealership of PPP loan fraud dismissed

Jeffrey Mattox had alleged he was fired after raising concerns that money provided to the store through the federal program was being deducted from his commissions.



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GM CEO pay increased to $23.7M in 2020

GM CEO Mary Barra remained the highest-paid CEO of the Detroit 3 last year, but she is the only Detroit 3 CEO who is also chairman.



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Stellantis unit Free2Move to expand subscription service in U.S.

Touting success with its car-sharing model, Free2Move plans to expand its subscription service to six U.S. states before the end of the year, starting in Los Angeles.



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Why Apple has chips for iPhones while automakers struggle with shortages

Ford and Daimler have warned that microchip shortages that have led to production stops could last until next year. Major players in the electronics industry have mostly avoided major disruptions.



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GM idles Chevy Equinox output in Canada for two months due to chip shortage

The Equinox was GM’s second best-selling vehicle in the U.S. during the first quarter, after the Chevy Silverado.



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VW will design chips for autonomous vehicles, CEO says

Herbert Diess said VW plans to design and develop its own high-powered chips for self-driving vehicles, along with the required software.



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Self-driving truck startup Plus said to plan Hennessy SPAC deal

The Sequoia Capital-backed startup is set to have a valuation of more than $3 billion and raise $500 million to $600 million through the deal.



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Tesla camera concerns spur China to review car data regulations

A draft regulation proposes mandating that any information collected from a car’s external cameras, such as location data or images of buildings or roads, be stored in China.



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Nio cuts losses but warns of hit from chip shortfall

The Shanghai EV startup delivered 20,060 vehicles in the quarter, a 423 percent increase from a year earlier when China was plunged into lockdowns during the first outbreak of the coronavirus.



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Huwebes, Abril 29, 2021

U.S. SEC probes VW 'Voltswagen' marketing stunt, report says

The stunt, which came just ahead of April Fool’s Day, was meant to call attention to its electric vehicle efforts, the carmaker said.



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Nissan N.A. factories tripped by chip shortage

The automaker will trim North American production in May due to the global chip shortage.



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Visteon swings to $16M net income, adds $1.8B in new business in Q1

The company said it also launched six new products, most of them digital clusters, in the quarter.



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U.S. judge agrees to delay Brockman hearing; national security questions raised

Brockman was taken to the emergency room at Houston Methodist Hospital on March 14 and was later admitted to a neurosensory center.



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GM invests $1 billion to build EVs in Mexico

The Ramos Arizpe factory would be GM's fifth EV assembly plant in North America.



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U.S. judge agrees to delay Brockman competency hearing

The judge delayed the hearing and extended deadlines for other competency proceedings after Brockman was hospitalized in March.



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Group 1 profit leaps to Q1 record as market rebounds

The dealership group said customers returned "in droves" to stores in the U.S. last month. It's a stark change from March 2020, when traffic dried up early in the coronavirus pandemic.



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Ford to decide on India investment plan in second half of year

The automaker has tasked senior executive Steven Armstrong with evaluating investment plans in the country.



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