Linggo, Disyembre 31, 2023

An abused wife took on Tesla over tracking tech. She lost.

Cases of technology-enabled stalking involving cars are emerging as automakers add ever-more-sophisticated features, such as location tracking and remote control of functions such as locking doors or honking the horn.



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Sabado, Disyembre 30, 2023

Tesla deliveries expected to hit record in 2023, but fall short of Musk's aspirations

The company likely delivered 1.82 million EVs globally in 2023, up 37 percent from 2022. In January, Musk said that Tesla has the potential to achieve 2 million deliveries this year.



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Chevy trio of EVs offers options

In 2024, Chevrolet expects greater EV availability as more trim levels of the Silverado and Blazer go into production and the Equinox arrives.



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Biyernes, Disyembre 29, 2023

BYD set to dethrone Tesla as top global EV seller

In an industry still dominated by more familiar names such as Toyota, VW and GM, Chinese automakers including BYD and SAIC are making serious inroads.



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Column: The Roadster Factory, link to storied MG and Triumph sports cars, destroyed in fire

When a brand is folded up and leaves the fast-paced world of auto shows, concept cars, franchised dealerships and mercurial executives, The Roadster Factory often stepped in.



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Huwebes, Disyembre 28, 2023

Commercial vehicle makers dive into EVs

Environmental regulations and large purchase incentives fuel the market for electric vans and trucks.



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GM blasts San Francisco in lawsuit over $108 million tax bill

GM contends San Francisco used the presence of its Cruise self-driving unit to tie its tax bill to a portion of GM’s global revenue.



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Martes, Disyembre 26, 2023

Customers want more car loan information online, eLEND finds

Dealers blame lenders at least in part for a disconnect in the car buying process between auto retailers and customers, according to a new study by eLEND Solutions.



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EVs contribute to delayed vehicle launches

In 2023, 34 percent of all vehicle launches experienced production delays, compared with 5 percent in 2018, said PwC.



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The Roadster Factory, link to storied MG and Triumph sports cars, detroyed in fire

When a brand is folded up and leaves our fast-paced world of auto shows, concept cars, franchised dealers and mercurial executives, The Roadster Factory often stepped in.



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Lunes, Disyembre 25, 2023

EVs, charging to take back seat at CES

Electric vehicles' presence at 2024 CES mirrors the market's growth slowdown.



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Sabado, Disyembre 23, 2023

Automotive News and S&P Global partner for more data

The Automotive News Research & Data Center will partner with S&P Global to make new market information available to readers.



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Tesla scrambles to boost Cybertruck battery output

Tesla's Giga Texas factory is churning out 4680 battery cells at a rate only sufficient to power about 24,000 Cybertrucks a year, or about a 10th of the required output, Reuters found.



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Biyernes, Disyembre 22, 2023

Congress, courts possible ways for dealers to fight FTC CARS Rule

NADA plans to try to keep the FTC's CARS Rule regulations from taking effect July 30, CEO Mike Stanton says. Blocking the rule rests with Congress or the court system.



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Layoffs beset battery companies amid delayed automaker EV timelines

Electric vehicle battery companies have cut hundreds of jobs over the last few months, an effect of the automotive industry recalibrating the timeline for the electric vehicle transition.



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Vroom uses West Virginia's digital platform for title processing

Online used-vehicle retailer Vroom is the first user of a digital title clearinghouse that West Virginia state officials say auto businesses may use to reduce title turnaround times.



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More than 7,000 dealers registered to offer point-of-sale EV tax credits next year

Dealers must be registered via IRS Energy Credits Online for their customers to claim or transfer federal tax credits and use those funds as a down payment.



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Huwebes, Disyembre 21, 2023

Automakers prepare for another wave of EVs in 2024

Several brands will enter the new era of the EV segment next year for the first time.



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Minority supplier council states its case in closely watched Piston Group trial

Michelle Robinson took the stand this week in Detroit, where she defended the council’s decision to strip the country’s largest Black-owned automotive supplier of its minority business enterprise status.



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Miyerkules, Disyembre 20, 2023

Collision, braking tech struggle to prevent crashes with large trucks, motorcycles

The institute's study of more than 160,000 crashes found that front crash prevention systems reduced rear-end collisions with medium- or heavy-duty trucks by 38 percent and with motorcycles by 41 percent.



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Average dealership pretax profit down nearly 20% through Q3

The Presidio Group debuted a new quarterly report that includes dealership financial data gleaned from a partnership with NCM Associates.



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China pulls punches to keep more expensive EVs flowing to Europe

China has arrived at a point where it needs to start selling more vehicles outside of its border, one analyst says. Despite trade threats from the EU, China is already challenging Japan for the global lead in automotive exports.



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Ford generated most U.S. recalls for third straight year, partial NHTSA data shows

Through Dec. 18, Ford issued 54 recalls affecting nearly 5.7 million vehicles in the U.S. in 2023. That's down about 21 percent from the number of recalls Ford issued in 2022.



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Toyota vows reform after affiliate Daihatsu caught in safety scandal

A safety investigation found issues involving 64 models, including almost two dozen sold under Toyota's brand.



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Martes, Disyembre 19, 2023

Inside Volvo’s AI chatbot on WhatsApp

The automaker has centered the effort on helping consumers learn more about its new EVs.



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Tesla to raise pay about 10% for hourly workers in January, report says

The EV maker will bump the pay for hourly workers from $20 to $22 an hour on the low end, and up to $34.50 an hour from $30.65 on the high end, CNBC reported.



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U.S. Steel sale to Nippon faces union, political opposition

At least three U.S. senators said they oppose the takeover of a longstanding American steelmaker by a foreign firm.



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Lunes, Disyembre 18, 2023

2024 Chevy Blazer: 6 nifty things

The all-electric capabilities of the 2024 Chevrolet Blazer EV are not the only notable features of the new midsize crossover bearing a familiar nameplate.



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Musk's stalling leads Mexico to second-guess massive Tesla plant

Mexico has sought to allay concerns that the plant might be canceled. Last week, the state government approved $153 million in incentives for basic infrastructure.



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Nissan to export EVs developed, built in China

Nissan joins foreign brands including Tesla, BMW and Ford that are expanding exports of China-made vehicles to exploit the country's lower manufacturing costs and improve the utilization of factories.



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U.S. Steel being acquired by Japan's Nippon Steel in deal worth $14.9 billion

The move follows several months of uncertainty over U.S. Steel's future ownership.



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May Mobility starts driverless service in Arizona

Self-driving technology company May Mobility will begin driverless service Monday at one of its flagship locations, company executives said.



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Linggo, Disyembre 17, 2023

Ford dealership opens private restaurant with Michelin-starred chef

Sarasota Ford, which also has an 11-seat movie theater and a relaxation room with massaging chairs, brought in an award-winning chef to help build customer loyalty.



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Ford puts electric F-150 plant, suppliers on roller coaster

Ford plans to build half as many electric F-150s each week in 2024 as it had previously intended, to the frustration of suppliers that invested big money to be ready for higher output.



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Sabado, Disyembre 16, 2023

Honda offers carbon neutrality dreams on parade

Honda is promoting its push toward carbon neutrality in 2050 with a Rose Parade float called 'Keep Dreaming.'



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Biyernes, Disyembre 15, 2023

Column: 2021's inventory crunch will become 2024's CPO drought

When leasing dried up in mid-2021 as inventories fell and demand outstripped supply, it created a knock-on effect that may take until the end of the decade to normalize.



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Tesla Autopilot recall threatens its own defense in lawsuits over crashes

An increased threat of losses for Tesla in Autopilot litigation across the U.S. could embolden others to challenge the technology in court and force the company to potentially pay victims millions of dollars in compensatory damages.



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Forvia details EV parts strategy amid inflation, sales murkiness

Forvia is looking to design innovative parts that make vehicles greener while keeping costs contained and making the right investments globally. It's a tricky balancing act to pull off.



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Nissan faces NHTSA probe into more than 450,000 vehicles over engine failure concerns

The U.S. car safety agency said it opened a preliminary evaluation into 2021-23 Nissan Rogue, 2019-21 Altima and 2019-21 Infiniti Qx50 vehicles.



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Tesla avoids European recall over Autopilot safety issues

Dutch authorities cited differences between Autopilot functions that are available on the European and U.S. markets as the reason Tesla cars will not be recalled in the EU.



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Huwebes, Disyembre 14, 2023

Rivian lands pilot deal to supply EVs to AT&T

AT&T said it expects to start adding Rivian electric commercial vans, R1T pickup trucks, and R1S SUVs in its fleet in early 2024. The companies did not disclose details or financial terms.



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Safety advocates say Tesla's Autopilot recall fixes don’t go far enough

More than two years into a defect investigation, NHTSA determined Tesla’s Autopilot doesn’t do enough to guard against misuse, prompting Tesla’s largest recall ever.



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Michigan governor proposes union-friendly rebates for new vehicle purchases

LANSING — Michigan Gov. Gretchen Whitmer said Wednesday she will ask lawmakers to approve a $25 million tax rebate program to boost vehicle sales in Michigan, particularly of electric- or hybrid-powered cars and trucks made in unionized plants.

The Democratic governor will call for the funding in her January State of the State speech. She outlined a different EV rebate proposal in her 2022 address and a sales tax break on EV purchases in her 2023 speech. Neither became law.

Under the latest plan, the following rebates would be applied to the final price of a new vehicle:

  • $2,500 on a battery electric or hybrid manufactured in a unionized factory;
  • $2,000 on an electric or hybrid made in a nonunionized facility;
  • $1,500 on a gas-powered vehicle in a unionized plant; and
  • $1,000 on a combustion vehicle in a nonunionized factory.

"MI Vehicle Rebate will save you money on your new car as you walk out of the dealership with your keys," Whitmer said in a statement. "Michigan’s auto industry is the backbone of our economy, and this year, the hardworking men and women of the UAW and our world-leading automakers negotiated and ratified a record contract. Now, let’s keep making the world’s best cars and trucks while lowering costs for families by thousands of dollars. Together, we will build and lead the future of mobility and electrification." 

Used vehicle purchases would be ineligible for the rebate, which would last until the $25 million is gone. The $25 million would cover between 10,000 and 25,000 vehicles, roughly the number of new vehicles that are sold in Michigan in a week or two.

Combined with a $7,500 federal credit, Whitmer said, residents could get up to $10,000 off the price of certain EVs or hybrids. The dealer would get a tax rebate voucher from the state Department of Treasury and subtract that amount from the final price.

The governor's office released supportive statements from the Michigan Automobile Dealer Association; MICHauto, an initiative of the Detroit Regional Chamber; and the BlueGreen Alliance, a partnership of unions and environmental groups. Her push came as EV growth is starting to slow and fall short of the auto industry's lofty ambitions to transition away from combustion engines.

The Biden administration recently proposed new rules that would limit EV buyers from claiming the full tax credit if they purchase cars containing battery materials from China and other countries that are considered hostile to the U.S.

The Associated Press contributed.

 



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Miyerkules, Disyembre 13, 2023

Ferrari, Philip Morris to collaborate to cut carbon footprint of Italian plants

Ferrari is developing its first full-electric car and has pledged to become carbon-neutral by 2030.



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GM names Marissa West as N.A. president, shuffles product development execs

Product development and purchasing chief Doug Parks will retire after nearly 40 years with the automaker, and Rory Harvey will fill a newly created role as president of global markets.



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As U.S. EV market flattens, some brands perk up and gain on Tesla

EV registrations grew at a healthy pace, led by old-guard luxury brands, in the January-to-October period but are no longer taking share from gasoline and hybrid vehicles, according to the most recent new-vehicle registration data from Experian.



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Tesla recalls more than 2 mllion vehicles for Autopilot safety flaws

The move is the result of a years-long NHTSA defect investigation that will remain open as the agency monitors the efficacy of Tesla’s fixes.



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Martes, Disyembre 12, 2023

U.S. opens push to mandate anti-drunk driving technology

Congress in 2021 directed U.S. regulators to mandate a passive technology to try to avert more than 10,000 deaths annually. The law requires USDOT to set a technology safety standard by November 2024.



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2025 Ramcharger aims to put an end to range anxiety, says engineer

Stellantis' Ram division aims to give consumers a pickup with an electric drivetrain that will eliminate some of the issues affecting EVs.



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Renault to sell first portion of Nissan stake, booking $1.62 billion loss

Based on the current Nissan stock price, the share disposal is worth $824.29 million, Renault said, and represents the first move by the automaker to reduce its Nissan stake to 15 percent from around 43 percent.



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Lunes, Disyembre 11, 2023

Industry veteran Julie Fream to step down as CEO of auto suppliers association

Collin Shaw, the manufacturers association's chief commercial vehicle officer and COO for its Original Equipment Suppliers group, will succeed Fream on April 1.



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First EV charging station funded by Biden's infrastructure law goes online

The White House goal is to grow the nationwide network of chargers to 500,000, including high-speed chargers — no more than 50 miles apart — on the nation's busiest highways and interstates.



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Penske Automotive agrees to buy 15 premium brand dealerships in U.K. from Rybrook Group

Dealerships in the acquisition, if completed, would include four BMW, four MINI, four Volvo, two Land Rover and one Porsche. The stores generate about $1 billion in annual revenue.



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German supplier Gedia sells Detroit area operations, to lay off 92

It’s unclear who the buyer of Gedia’s Michigan operations is, and representatives for the company and Orion Township’s supervisor’s office did not return emails or calls about the deal.



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Linggo, Disyembre 10, 2023

Battery startup Our Next Energy replaces founder with new CEO amid cash crunch

Democratic politicians such as former House Speaker Nancy Pelosi have touted ONE as a poster child of President Biden’s agenda to wean the U.S. off China by supporting American manufacturing and green jobs.



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How EV latecomer Mazda plans to introduce 7-8 new EVs

Electric vehicle latecomer Mazda is still wary of EV demand as it cashes in on internal combustion to power record U.S. sales, but CEO Masahiro Moro gives new details about the Japanese carmaker's next-generation EV tech and envisioned lineup of eight EVs for 2030.



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Dealers see AI, ransomware attacks as cybersecurity threats in 2024

Stephen Gonzalez of CDK Global said that AI and ransomware will vex dealerships in 2024 as they seek to comply with the FTC Safeguards Rule.



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Adam Driver brings Enzo Ferrari story to big screen

Set in 1957 in Modena, Italy, the film focuses on a key period in the former racing driver's life as he overcomes the death of his son, struggles to keep his company afloat and seeks to dominate the racetrack.



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Sabado, Disyembre 9, 2023

Why the Ramcharger was developed with a series hybrid powertrain

Stellantis engineers were convinced that a series hybrid powertrain would enable a Ram truck to deliver the towing and hauling capability as well as the driving range that many buyers expect in a pickup.



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Biyernes, Disyembre 8, 2023

New York dealerships team with CarEdge for sales event

The one-day event, which promised no hidden fees and that buying a vehicle would take no more than an hour, generated 13 sales for two dealerships on Staten Island.



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Police say they foiled Fla. man's attack on Tesla event

Police said the 28-year-old drove from Florida to Texas intending to kill people at Tesla's Cybertruck delivery celebration.



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Q3, Q4 dealership sales include Ken Ganley, David Rosenberg

Ken Ganley and David Rosenberg were among buyers closing deals across four states.



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Oil and gas heavyweights poised to play vital role in EV transition

The oil giants whose brands adorn the nation's filling stations plan to maintain their place powering Americans' vehicles during and after the EV transition.



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Fear of cheap Chinese EVs spurs automaker dash for affordable cars

Legacy automakers have turned to suppliers, from battery materials makers to chipmakers, to squeeze out costs and develop affordable EVs quicker than previously planned to match Chinese vehicles on cost.



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Huwebes, Disyembre 7, 2023

Scout Motors names former VW executive Burkhard Huhnke as chief technical officer

Burkhard Huhnke held various roles in a 20 year span at Volkswagen Group. The hiring of a chief technical officer follows Scout's hiring of a chief production officer and chief design officer this year.



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U.S. House Republicans seek to halt Biden EV regulations

The 221 to 197 vote, which included five Democrats joining 216 Republicans, drew a veto threat from the White House, which said it would "catastrophically impair" the EPA's ability to issue automotive regulations.



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China says Biden plan to shut it out of U.S. battery supply chain violates WTO rules

The plans will make investors in the U.S. EV supply chain ineligible for tax credits should they use more than a trace amount of critical materials from China, or other countries deemed a "Foreign Entity of Concern."



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Tesla shipments blocked by Norwegian workers as labor dispute spreads

Norway's largest private sector labor union will block transit shipments of Tesla cars meant for the Swedish market as one of Denmark's largest pension funds sell its holdings in Tesla over the EV maker's refusal to enter into agreements with Swedish labor unions.



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Miyerkules, Disyembre 6, 2023

Nissan, Mitsubishi confirm plans to invest in Renault EV unit Ampere

Nissan will become "a strategic investor" in Ampere, its CEO said, adding the company may use the EV unit's software and connectivity innovations in other markets outside Europe.



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Toyota plans to unload entire stake in Japan's Harmonic Drive Systems

Toyota will sell 4.4 million shares of Harmonic Drive Systems at an undecided sale price, the precision control equipment maker said. The stake was worth $123 million on Wednesday.



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Lamborghini introduces four-day week for production workers

Unions hail the agreement as the first in the European auto industry to achieve a significant reduction in working hours without cutting wages, but rather increasing them.



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Martes, Disyembre 5, 2023

A 2nd Gotion battery plant plan divides another small town

A crowd that was split between supporters excited about jobs and opponents worried about safety and other concerns held forth for nearly five hours of boisterous public comment.



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Lunes, Disyembre 4, 2023

Fiat 500e returns to U.S. in early 2024 with 149-mile range

Fiat says the two-door, four-seat 500e will be the lightest EV in the U.S. and use a digital melody to welcome passengers into an "immersive Italian experience."



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Piston Group’s bitter fight over minority certification heads to trial

A bitter, nearly three-year dispute between the country’s largest Black-owned automotive supplier and the nonprofit group attempting to strip its minority status is set for a trial likely to have significant business implications — whatever the outcome.



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Jeep Renegade leaving U.S., Canada

U.S. sales of the Renegade, Jeep's least expensive vehicle, have declined every year since 2016. The Compass, which starts at $29,995, will become the brand's new entry-level nameplate.



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Does Hyundai-Amazon deal make sense?

Cars Commerce CEO Alex Vetter insists his company's ability to sell cars trumps the scope of the Hyundai-Amazon pilot project.



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BMW lidar maker Innoviz graduates to Tier 1, CEO says

The Israeli company, which worked with Magna on technology for BMW's 7 Series with hands-off capability, says it is now pitching automakers directly.



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Linggo, Disyembre 3, 2023

GM, Ford confident they'll offset costly UAW contracts

Ford pegged the cost of its four-and-a-half-year deal with the UAW at $8.8 billion — double its expectation — while GM said its two new North American labor contracts would raise expenses by $9.3 billion.



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Texas' ZT Automotive eyes dealership count of 50, 60

ZT Automotive, which rebranded from ZT Motors, is eying to expand its dealership holdings by five-fold in the coming years largely through acquisitions.



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Used EV models hurt by depreciation, data shows

Manheim auction statistics shared at the Auto Finance Summit show electric vehicles have more than doubled their presence on the wholesale market in the past two years. Unfortunately, used EVs are also collapsing in value, according to data.



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Sabado, Disyembre 2, 2023

Musk finally gets his sci-fi Tesla pickup but at a cost

CEO Elon Musk delivered on his promise to bring the science fiction-inspired pickup to life, but at a price much higher than promised four years ago when the Cybertruck was first presented.



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Biyernes, Disyembre 1, 2023

Ransomware group threatens Yanfeng after claiming cyberattack

Qilin, a ransomware operation known to breach firms in critical sectors via phishing emails, added Yanfeng to its extortion portal Monday.



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EV maker Fisker slashes 2023 production target

Electric-vehicle maker Fisker said on Friday it will scale down production this month, and produce fewer cars this year than its previous guidance, to prioritize cash for working capital needs.



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Hyundai, Kia sales advance behind record Nov. volume

U.S. light-vehicle sales are projected to rise up to 10 percent last month, forecasters say, compared to a weak November 2022, with higher retail demand offsetting lower fleet volume.



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Huwebes, Nobyembre 30, 2023

UAW organizing Tesla would mean 'we failed in some way,' Musk says

The EV maker enables line workers to become managers and even millionaires, Musk said. A union would get in the way. "If Tesla gets unionized, it will be because we deserve it and we failed in some way," he said.



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UAW organizing Tesla would mean 'we failed in some way,' Musk says

The EV maker enables line workers to become managers and even millionaires, Musk said. A union would get in the way. "If Tesla gets unionized, it will be because we deserve it and we failed in some way," he said.



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Our Next Energy develops EV battery with 608-mile range for BMW iX

Most EVs can drive 200 to 300 miles on a full charge, according to J.D. Power.



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Miyerkules, Nobyembre 29, 2023

Tesla ready to launch its long-delayed Cybertruck

The EV maker is now displaying Cybertrucks in showrooms before the Nov. 30 event. One salesman in California said reaction to the stainless-steel behemoth has been ‘love it or hate it.'



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GM says UAW strike cost $1.1 billion, announces stock buyback, boosts dividend

Union workers this month ratified the contract with GM, which extends through April 2028 and won support from 55 percent of the nearly 36,000 UAW members who voted.



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Biden weighing reprieve for automakers on tougher rules for EV tax credits

The stricter requirements, which were included in the president's signature climate law, don’t allow tax breaks for vehicles containing battery components or critical minerals from foreign entities of concern.



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Toyota reaps $2 billion from Denso sale to fund new technology

Toyota’s planned $2 billion sale of shares in its top supplier Denso cheers investors but also gives the automaker funds to develop an array of next-gen electrification and software tech.



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Martes, Nobyembre 28, 2023

Here hires new CEO amid battle with Google to supply maps for self-driving cars

Former Honeywell executive Mike Nefkens will lead the Dutch mapping company, whose shareholders include Audi, BMW, Mercedes and Bosch.



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6 even cooler things about the 2024 Toyota Tacoma

Automotive News had the chance to drive the redesigned 2024 Toyota Tacoma and dig deeper into the longtime segment champ.



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Toyota Group companies plan $4.7 billion sale of Denso stake, report says

The sale would mark the latest step by Toyota to unload some of its cross-shareholdings as it ramps up funding for R&D and factory floor overhauls ahead of future EV production.



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Lunes, Nobyembre 27, 2023

Volkswagen to reduce headcount at 'no longer competitive' VW brand

High costs and low productivity are making VW's cars uncompetitive, employees were told managers mull jobs cuts as part of a $10.9 billion savings program.



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Honda, Ford vehicles face safety issues over potentially faulty seat belts

Honda's recall covers the 2023-24 Honda Accord and HR-V, while NHTSA's investigation covers the 2019 Ford Expedition.



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Vitesco calls Schaeffler's increased offer price 'inadequate'

The higher offer came after Vitesco’s management and supervisory boards made multiple public statements acknowledging some shareholders’ views that the offer was too low



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Stellantis CEO Tavares says EU, U.S. elections may slow EV sales

Stellantis may have to change its strategy "if political and public opinion tends toward fewer EVs," CEO Carlos Tavares said. 



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Linggo, Nobyembre 26, 2023

Under Euisun Chung, Hyundai Motor Group is driving the future

Euisun Chung's futuristic vision for a mobility world beyond cars puts Hyundai Motor Group at the forefront of change in a tumultuous global auto industry.



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Sabado, Nobyembre 25, 2023

Chinese firms in Mexico trouble suppliers

Canada's supplier trade association is raising concerns over the possibility that Mexico will provide an easy work-around for Chinese companies seeking to export into Canada and the United States.



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Biyernes, Nobyembre 24, 2023

VW's Scout EVs to be developed by Magna Steyr, report says

VW has given the supplier an order worth 450 million euros ($492 million) to develop the models. That is Magna Steyr's largest ever development deal, Austrian newspaper Kleine Zeitung reported.



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Huwebes, Nobyembre 23, 2023

BMW to air 2024 Super Bowl commercial after sitting out last year

The luxury auto brand is expected to promote EVs in a 60-second spot that marks the second time it has run a Super Bowl ad since 2015.



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Miyerkules, Nobyembre 22, 2023

Automotive News hires designer

Chris Moore has joined as a designer.



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Inside colors outside the box

From mass market import brands to a budding EV company, automakers utilized a variety of color choices for vehicles at the 2023 LA Auto Show.



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Mary Barra's $280 billion goal confronts a litany of GM hurdles

The resignation of Cruise's CEO was a remarkable setback for a company that just two years ago was projected to bring in $50 billion in revenue by 2030. Now, GM CEO Mary Barra is pulling back on growth plans for the unit to make sure the cars are safe.



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Here's why electric vehicles are a political football

The EV discussion encapsulates a host of issues dominating the nation's political conversation: cost of living, reliance on Chinese manufacturing and cultural factors such as the feasibility of the cross-country road trip.



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Toyota's Akio Toyoda steps down as industry leader, replaced by Isuzu's chairman

Japan's automotive industry has tapped the chairman of Isuzu trucks to replace Akio Toyoda as its next industry lobby leader after Toyoda's unprecedented three terms.



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Northvolt develops cobalt-free battery cell that could power future EVs

Northvolt says the sodium-ion cell has a “best-in-class” energy density of more than 160 watt-hours per kilogram, and is made without any lithium, nickel, cobalt or graphite.



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Martes, Nobyembre 21, 2023

Tesla launched its own car insurance. These drivers say it's a lemon.

The insurer’s problems fit into a pattern of rushed and sloppy management leading to troubles across Elon Musk’s technology and manufacturing empire.



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Fisker's accounting chief Beuting resigns within two weeks of joining automaker

Fisker, which announced its third-quarter results on Nov. 13, said it received a notice from the New York Stock Exchange for late filing of its quarterly report.



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Stellantis, CATL plan Europe factory for low-cost EV batteries

Stellantis and CATL are finalizing plans for a plant in Europe to produce low-cost lithium-iron-phosphate EV batteries.



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Lunes, Nobyembre 20, 2023

Former car dealership general manager, an ex-cop, accused of stealing $29K

Police records show the alleged thefts began a month after Nicholas Holley started working at the dealership.



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Toyota financial unit to pay $60 million for illegal lending, credit reporting misconduct

The CFPB said Toyota Motor Credit will pay a $12 million civil fine, and $48 million to harmed consumers.



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GM's Cruise offers apology, will allow share sales

The outgoing CEO of Cruise, General Motors' robotaxi unit, on Saturday apologized for the company's situation following an accident that led to the pause of its self-driving vehicle operations while it conducts a safety review.



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Linggo, Nobyembre 19, 2023

Kyle Vogt resigns from GM self-driving unit Cruise

Kyle Vogt's departure is the latest fallout from a safety crisis at the beleaguered self-driving subsidiary of General Motors.



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Sabado, Nobyembre 18, 2023

Tesla flip-flops on Cybertruck resale ban

Tesla added a section to its order agreement banning buyers from flipping their Cybertruck within a year of purchase, but it later deleted the clause without explanation.



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Scenes from the Automotive News Formula 1 event in Las Vegas

Automotive News Publisher KC Crain spoke with Michael Schiebe, CEO of AMG and Head of the Mercedes-Benz G-Class & Mercedes Maybach business units, about F1 engineering innovations.



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GM's Cruise suspends its employee equity program

Cruise, the robo-taxi unit of General Motors, suspended the program under which GM buys back employees' shares, following an accident that led to the pause of its self-driving vehicle operations.



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Biyernes, Nobyembre 17, 2023

Houston high schoolers' re-imagined Mercedes makes semifinals in global Hot Wheels contest

A Mercedes sedan turned into an off-roader by Houston high school auto tech students was named a semifinalist in a global Hot Wheels competition.



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Suppliers want more legal immigration to fix labor shortage at factories

Suppliers and economists said reduced immigration levels are contributing to a labor shortage that is putting a squeeze on the supply base.



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Aston Martin F1 team gets investment from U.S. private equity firm

The stake sale, terms of which were not disclosed, values the racing group at $1.24 billion, Reuters reported.



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Dana investing $44 million at two Ontario plants to supply EVs

Parts supplier Dana Inc. plans to invest about $44 million to expand two existing sites in Ontario as it ups output of thermal management systems used in electric vehicles.



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Geely reduces Volvo stake; will continue to support Swedish automaker

The sale follows complaints from analysts and investors over the company’s small free float, which has put pressure on the stock and fueled high trading volatility.



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Huwebes, Nobyembre 16, 2023

Group 1 completes stalled Prime Automotive dealership acquisition

The Houston dealership group also sold Mini and Nissan stores in Texas in two separate August transactions.



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Guest commentary: ‘Crossing the chasm' on EVs may require plug-in hybrids

It's hard to see a retail environment in 2032 where 67 percent of new-car sales are full EVs, but it's very easy to see a 2032 where a majority of new-car sales are plug-in hybrids.



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Redwood Materials will recycle Toyota's spent hybrid batteries

Redwood Materials says Toyota deal marks the first time an automaker will use recycled battery materials from its cars in new vehicles.



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UAW members ratify labor deal with Mack Trucks; strike ends after 39 days

The UAW and Mack Trucks had reached a tentative deal in October that included a 19 percent pay raise, but union workers overwhelmingly rejected it and went on a strike.



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Miyerkules, Nobyembre 15, 2023

NHTSA opens safety probe into Kia Sorento crossovers after reports of engine failure

NHTSA's Office of Defects Investigation said it received 13 complaints alleging incidents of power loss in 2016-17 Kia Sorento vehicles equipped with 3.3-liter engines, referred to as "Lambda II."



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Buffett's Berkshire dumps stake in General Motors as it builds cash

In a regulatory filing detailing its U.S.-listed stock holdings as of Sept. 30, Berkshire reported no holdings in GM after reporting a stake of $848 million in June.



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Bosch's 'innovative' mild hybrid system for Mercedes proves costly for supplier

Mercedes lost around 5 percent of its projected sales, equivalent to 100,000 cars, during the third quarter as output of the GLC and the E-Class models were reduced due to supply issues with the 48-volt system.



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Martes, Nobyembre 14, 2023

EV truck startup Zeus signs deal with manufacturing and engineering firm

Zeus Electric Chassis, a Minnesota startup trying to break into the commercial fleet business with a battery powered chassis cab, will lean on a contract manufacturer for its class 5 truck.



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EV battery companies consider semisolid cells amid all-solid setbacks

Some see semisolid-state batteries as offering nearly the same benefit as solid batteries but with an advantage: They are closer to commercialization.



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A 1962 Ferrari GTO race car auctions for record $51.7 million

It was the most expensive Ferrari ever to sell at auction and the most expensive classic car sold publicly anywhere in the world this year.



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Lunes, Nobyembre 13, 2023

IIHS: Tall, flat vehicle fronts boost risk to pedestrians

Vehicles with taller front ends are more likely to kill pedestrians they strike than shorter-faced counterparts, but models of medium front-end height also pose an increased threat if they feature a flatter nose, according to a new study from the Insurance Institute for Highway Safety.



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Stellantis declined Michigan's $1 billion offer for EV battery plant

It became clear that Michigan would not win the project in the summer, when Stellantis announced it would again partner with Samsung SDI for the new plant, according to a source with knowledge of the deal.



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U.K. private firm invests in Dave Cantin Group

CEO Dave Cantin said the investment will help his firm expand its advisory services and geographic reach in the U.S., and eventually to international markets.



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Continental to cut thousands of jobs globally at auto unit

Continental is fighting to stem a slide in profitability at its automotive unit, which has started to fall behind peers as the industry transitions to electric vehicles.



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Linggo, Nobyembre 12, 2023

In 2026, EVs will have an industry standard diagnostic system

Electric vehicles on the road do not have an industry standard onboard diagnostic system. Most have some diagnostic capabilities, but they all work differently. That will change in 2026 when a standard diagnostic system for EVs debuts.



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Michigan becoming a hub for artificial intelligence inventions

Michigan has the largest number of artificial intelligence and machine learning patents issued in the Midwest since 2010 with the Detroit area ranking among the top nine regions for innovation across the country, according to a new report.

The Detroit-Warren-Dearborn metropolitan area had 896 AI patents issued, making it the ninth-most innovative U.S. metro, according to CommercialCafe, a commercial real estate Internet listing service.

While Silicon Valley in California far surpasses any other metro area for AI patents, metro Detroit held its own on the list largely because of the presence of the automotive industry and related suppliers, in addition to the growing startup network in Detroit, the report said.

"Because the U.S. is home to several global leaders in both automotive and key automation technologies, markets like the Detroit metro area are intriguing to both investors and innovators worldwide," the October report said. "With nearly 900 AI and ML patents at the close of 2022, the Detroit MSA ranked as the ninth-most innovative metro in the U.S. — and continues to show that the Motor City inventive spirit remains strong."

The companies topping the list of AI/ML patents were Ford Global Technologies with 321 patents, GM Global Technology Operations with 296 and Magna Electronics with 53 patents issued.

Specifically, CommercialCafe cited the partnership between Google and Ford Motor Co. to convert the 105-year-old Michigan Central train station and surrounding neighborhood into the Michigan Central Innovation District as a hub for mobility and entrepreneurship. As part of the mobility-focused, smart city project, Google agreed to provide cloud technology, as well as work force development training to high school students and job seekers in the Detroit area, the report said.

In addition to Ford, General Motors and Stellantis have established mobility and software engineering projects in Michigan in recent years, bringing Silicon Valley closer to home, it said.

Ford could not be reached for comment. A GM spokesperson said the company was unable to comment on patent filings or their intended use "due to the competitive nature of the space."

A growing startup center

Alan Taub, director of the University of Michigan's Michigan Materials Research Institute, said an increased interest in startups is also leading to a more competitive mobility market, which is why Michigan is seeing more AI patents.

"The technology revolutions of connected vehicles, self-driving vehicles and electric vehicles are moving at an unprecedented rate for the industry," Taub said. "And with the introduction of new startups, all of a sudden intellectual property moved from sort of the bare minimum to a major part of the strategy of companies. … I think if you just do a historical look at the number of patents around mobility, it has skyrocketed, because they're much more valuable, and it's a much more hyper-competitive space."

HostingAdvice.com, a web-hosting information site, recently ranked Detroit as one of the top 13 cities drawing startups away from Silicon Valley. Detroit ranked No. 6 on the list, citing the city's economic resiliency after the 2008 financial crisis and the city's business-friendly tax environment.

In the 2022 Global Startup Ecosystem Report by Startup Genome, an innovation policy advisory and research firm based in San Francisco, Detroit was ranked the No. 1 city in the U.S. for emerging startup ecosystems.

Henry Liu, an engineering professor and director of Mcity, UM's mobility testing facility, said AI is becoming an essential part of autonomous vehicles.

"AI is going to transform every aspect of mobility, not only just the vehicle, but the infrastructure, the manufacturing of the vehicles, and in service to people," Liu said.

A typical use of AI in mobility is in self-driving vehicles. Liu used the example of a Tesla, which has eight cameras and 12 sensors that feed information about the traffic, pedestrians and other vehicles to the control system. In the past, the development of this technology would be analyzed on a case-by-case basis and take an undetermined amount of time.

"What artificial intelligence is enabling is going beyond that, what engineers would call more stochastic — basically, it's allowed us to move away from a human analyzing every situation to all that data that Henry referred to as being collected," Taub said. "Now an artificial intelligence algorithm, with human oversight, is finally able to take on this grand challenge of full situational awareness, the thing the human brain does."

The San Jose-Sunnyvale-Santa Clara, Calif., area had the most patents issued between 2010 and 2022, leading the list with 9,798 patents, followed by the New York-Newark-New Jersey metropolitan area with 6,275 patents.

In the Midwest, the Chicago-Naperville-Elgin, Ill., area trailed Detroit-Warren-Dearborn at No. 11 with 770 patents.

CommercialCafe analyzed data from the U.S. Patent and Trademark Office between 2010 and December 2022 to write its report.

Taub said the impact of AI will reach a variety of industries in the name of improving mobility, which Taub defines as "the most efficient way, in energy, time and personal experience to have the physical movement of people and goods."

"We're heading to a world where your calendar will be synced to the cloud, traffic conditions and charging stations and that whole sequence of getting people to the right place at the right time," Taub said. "A very complex operations research challenge, which artificial intelligence will enable."



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$975,000 Cadillac Celestiq is Neiman Marcus holiday gift

The buyer gets a two-day trip to Detroit to watch the car get hand built, tour Cadillac House at the GM tech center and stay at a luxury hotel.



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Sabado, Nobyembre 11, 2023

David Wilson's gift to alma mater establishes business school in his name

David Wilson, founder of the auto group that bears his name, donated $25 million to his alma mater, the University of Northern Iowa. It is the largest gift in the school's history and establishes the David W. Wilson College of Business.



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Biyernes, Nobyembre 10, 2023

Man sues Conn. dealership, Toyota Motor Credit over repossession

A customer whose car was repossessed has sued a Wallingford, Conn., dealership for allegedly falsifying his income and expenses to qualify him for a loan he could not afford.



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GM credit card being dropped by Goldman Sachs; GM eyes new partners

General Motors said it would continue to "reward customers for their loyalty to our brands" as it evaluates new partners.

 



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Huwebes, Nobyembre 9, 2023

Polestar trims delivery forecast, halves margin target

Polestar expects to achieve a gross margin of 2 percent in 2023, down from its prior 4 percent forecast.



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Stellantis supplier plans new Detroit factory, expansion of first plant

The new location on Detroit's west side is expected to employ about 80 people when production launches in the first part of next year, but that number could increase depending on contract wins.



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Nissan quarterly profit doubles on big gain in North America

Robust sales in North America help Nissan more than double its profit in the latest quarter as the automaker readies a new mid-term plan and shores up flagging fortunes in China.



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Miyerkules, Nobyembre 8, 2023

Renault cuts Nissan stake to 15% after transferring shares to trust

Nissan will now invest up to $641 million in Renault's EV unit, Ampere, while Mitsubishi will invest up to $214 million.



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GM's Cruise to recall 950 driverless cars after accident involving pedestrian

The recall is because the collision detection subsystem of the Cruise Automated Driving Systems software may improperly respond after a crash, NHTSA said.



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Martes, Nobyembre 7, 2023

Fisker to report Q3 earnings after slow sales, price adjustments

The California-based startup cut its 2023 production forecast in August because of manufacturing issues and reduced the Ocean EV's price by $7,500 in October for the top Extreme trim.



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Lunes, Nobyembre 6, 2023

Ram adding extended-range EV, freshens 1500 with new engines

The 2025 Ramcharger has a gasoline engine that charges the battery, creating nearly double the range of the standard fully electric Ram 1500 REV.



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Board of GM's Cruise hires law firm to review regulatory responses

Cruise's board has hired law firm Quinn Emanuel to review Cruise management's responses to regulators investigating the Oct. 2 accident, and technology consultancy Exponent to review Cruise's technology.



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Musk says Tesla's German plant to build affordable EV, report says

Musk has teased the prospect of a more affordable electric car as the automaker seeks to increase EV deliveries to 20 million by 2030.



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Dealerships set the bar high for going green

Garbage is a dirty word at Pellman's Automotive in Boulder, Colo., and the two Mark Miller Subaru stores in Salt Lake City — three eco-centric businesses that approach recycling with all the zeal and determination of a technician going after an over-torqued oil pan drain plug.



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Linggo, Nobyembre 5, 2023

Ineos Automotive's U.S. dealership network is private only

Ineos Automotive has 19 dealerships in the U.S., but none of the fledging automaker's stores are owned by a publicly traded auto retailer.



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Volvo gets EX30’s face from galaxy far, far away

Volvo exterior design chief T. Jon Mayer created the EX30’s face based on the helmet worn by bounty hunter Boba Fett in the ‘Star Wars’ movies.



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Sabado, Nobyembre 4, 2023

Auto supplier plant coming to former Detroit area mall site

Automotive supplier Thai Summit Corp. is planning to open a 297,000-square-foot parts plant at the redeveloped site formerly home to Eastland Center mall in the Detroit suburb of Harper Woods



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Miyerkules, Nobyembre 1, 2023

Column: Winners, losers in the UAW's deal with Ford

UAW President Shawn Fain delivered contracts that give workers unprecedented raises and save or reopen plants, at a cost of billions of dollars to suppliers and the Detroit 3.



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Hyundai, Kia U.S. sales edge up in October

U.S. new light-vehicle sales are forecast to rise 3 to 4 percent in October, according to analysts, as the industry continues a steady rebound from chronic tight inventory levels stemming from depleted microchip supplies.



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Toyota downgrades EV forecast in quest of record profits; quarterly net income nearly triples

Riding an upswing in all-time-high quarterly earnings, Toyota downgraded its outlook for EV sales but lifted its forecast for record earnings in the full fiscal year, expanding on an earlier outlook that already called for record-level profits.



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Toyota quarterly profit surges on strong sales, weak yen

Toyota now expects full-year operating profit to balloon 65 percent to 4.5 trillion yen ($30.15 billion).



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Martes, Oktubre 31, 2023

Credit Acceptance Q3 net income slips, but loans up

Credit Acceptance Corp. Q3 2023 earnings: CACC net income dropped 18 percent year over year to $70.8 million, dragged down in part by the major used-vehicle lender having to pay more for the funds it loaned car shoppers. But third-quarter car loan originations rose 13 percent, and they've been up materially in October.



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UAW strike trims $795M from Stellantis profits while revenue increases

Higher volumes, stable pricing and improving logistics helped Stellantis reduce the damage of the UAW's campaign of strikes in the U.S.



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Lunes, Oktubre 30, 2023

Column: UAW won historic gains from the Detroit 3, but a big hurdle remains

Upcoming ratification votes will be the ultimate test of UAW President Shawn Fain's aggressive, unconventional approach to bargaining with the Detroit 3.



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UAW, GM reach tentative contract deal after talks hit weekend snag

GM was the last of the Detroit 3 to agree to terms with the union, which stopped picketing Ford Motor Co. late Wednesday and Stellantis on Saturday afternoon.



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Unifor reaches tentative contract deal with Stellantis after brief strike in Canada

Unifor struck a tentative agreement with Stellantis early Monday, ending a 7-hour strike after a final weekend of intensive contract talks in Canada. Unifor also settled with GM after a short strike 3 weeks ago.



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Linggo, Oktubre 29, 2023

Unifor strikes Stellantis after weekend contract talks don't end in a deal

Unifor strikes Stellantis after weekend contract talks don't end in a deal, but Unifor said negotiations will continue through the night. 



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Parts availability worries dealers as UAW strike continues

By accumulating fast-moving parts ahead of time, many dealers dodged immediate impacts of the UAW strike of the Detroit 3. Now, with certain parts reserves thinning out, their concerns are rising.



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UAW leaders OK Ford deal with $8B in manufacturing investment

The UAW's tentative agreement with Ford also includes an agreement on electric-vehicle battery plants, a plan to convert temporary workers to full-time after nine months of employment and a $5,000 ratification bonus.



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Sabado, Oktubre 28, 2023

Leasing returns expected to rise then plunge in ’24

Experian predicts retail leasing returns will rise to 1.1 million in the second quarter of 2024, but then fall to only 640,000 by the end of that year.



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UAW orders strike expansion against GM at plant in Tennessee

UAW Local 1853, which represents workers at GM's Spring Hill assembly plant and other facilities, posted that it was on strike as of 5 p.m. Central time Saturday.



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UAW, Stellantis reach tentative contract deal, reports say

The deal reached Saturday is expected to match Ford's 25 percent average pay hikes and a commitment to reopen the idled Belvidere, Ill., assembly plant.



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UAW aims to announce Stellantis deal Saturday as talks finish up

UAW aims to announce Stellantis deal Saturday as talks finish up The recent concessions relate to job security and include keeping an engine plant open in Trenton, Michigan, and building a vehicle in the company’s idled Illinois assembly plant, said the people, who weren’t authorized to talk publicly.



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Biyernes, Oktubre 27, 2023

Minn. group's ads take on dealership ‘horror stories'

A new campaign for Apple Autos in Minnesota features customers bragging to friends and family that they "didn't get screwed" while buying a new vehicle.



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Automotive News Best Dealerships To Work For 2023 in photos

Dealers from across the country were honored in Chicago for their leadership in employee satisfaction.



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Huwebes, Oktubre 26, 2023

Audi Bedford wins 2023 Best Dealerships To Work For

Audi Bedford, a luxury dealership in Ohio, took home overall top honors and also was the large dealership category winner in Automotive News’ 2023 Best Dealerships To Work For program.



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GM's Cruise pauses driverless operations across all fleets

"This isn't related to any new on-road incidents, and supervised AV operations will continue," Cruise said in a post on X, formerly known as Twitter.



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Penske Automotive CFO Shelley Hulgrave: AI, EVs could help service and parts revenue

Penske Automotive CFO Shelley Hulgrave said 60 percent of the auto retailer's current scheduled service appointments in its western U.S. regionare taken after-hours using artificial intelligence-based systems.



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U.S. hopes $40 million in smart infrastructure grants will create blueprint

The Federal Highway Administration will award $40 million in grants to communities for vehicle-to-everything technologies such as roadside infrastructure and wireless connectivity.



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Tesla's Cybertruck promises to test America's great political divide

EV ownership is deeply tied to voting behavior in the U.S., according to a report by BloombegNEF. For every 10 percentage-point increase in Joe Biden’s share of votes in the 2020 election, the concentration of EVs was roughly 50% higher.



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Stellantis resets China strategy with $1.6B stake in EV maker Leapmotor

Stellantis and Leapmotor will set up a joint venture based in the Netherlands, giving Stellantis exclusive rights for the export, sale and manufacturing of Leapmotor's products outside China.



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Miyerkules, Oktubre 25, 2023

Honda halting plans to develop smaller EVs with GM, CEO says

The carmakers had agreed in April 2022 to create a new architecture based on GM’s Ultium EV battery that will be used primarily for small crossover sport utility vehicles.



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Martes, Oktubre 24, 2023

Toyota shows it's serious about EVs at Japan Mobility Show

Toyota's lineup of electric concept vehicles, of all shapes and sizes, at the Japan Mobility Show aims to illustrate that the world's biggest automaker is finally serious about EVs.



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JLR opens EV test facility as it gears up for electric cars

JLR is investing $19 billion to develop EVs, with a new all-electric Jaguar coming in 2025.



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GM says UAW strike has cost $800M so far

GM withdrew its 2023 financial guidance and EV production targets through mid-2024 as it reported a 7.3 percent decline in third-quarter net income.



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Mitsubishi plans to invest more than $214M in Renault's EV unit

The first step of the collaboration will see Renault's Ampere unit supply Mitsubishi with an EV for its European lineup.



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Lunes, Oktubre 23, 2023

GM, Ford Q3 earnings an early look at UAW strike toll

The strike is expected to cause limited harm to the automakers' third-quarter results being reported this week, but its repercussions will linger into 2024 even if a deal is reached in the coming weeks.



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Minority dealer candidates should be open to moving, experts say

GM and Stellantis seek out minority candidates when an opportunity arises, but it may not be in an aspiring dealer's home market.



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Linggo, Oktubre 22, 2023

Hyundai Ioniq 5 gets some Disney magic and badging

To celebrate Disney's 100th anniversary, 1,000 special-edition Ioniq 5s feature special badging and play Disney music when turned on.



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Sabado, Oktubre 21, 2023

Ford lays off 364 more workers in Mich., Ohio

Ford said 354 workers at a transmission plant in Sharonville, Ohio, and 10 at its Rawsonville Components plant in Michigan are being told not to report for work starting Monday because they supply the automaker's Kentucky Truck Plant.



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Biyernes, Oktubre 20, 2023

Supplier earnings to provide early glimpse into UAW strike's financial impact

Third-quarter earnings reports released by publicly traded suppliers in the coming days will provide a glimpse into how the UAW strike, slowdowns at the U.S.-Mexico border and other supply chain challenges are impacting supplier finances.



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Ciocca Dealerships to buy Apple Automotive

Ciocca's purchase of Apple Automotive, which includes 10 franchised dealerships in York County, Pa., is expected to close in February.



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Autoliv raises sales guidance after solid third-quarter profit

Autoliv CEO Mikael Bratt said the company would increase its 2023 sales guidance to about 17 percent organic growth from 15 percent, citing development of light vehicle production, to which it is highly exposed.



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Despite Mercedes' zeal for EVs, models are slow to sell

Mercedes dealers took an average of 82 days to sell the brand's battery-powered EQ models in September — more than double that of BMW's 38-day turn.



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Detroit 3 lay off 270 more workers in Mich., Ohio, Ind.

Stellantis, Ford and GM announced additional layoffs as the ripple effects of the UAW's five-week work stoppage continue to grow.



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Huwebes, Oktubre 19, 2023

ChargePoint begins adding Tesla NACS connectors

Tesla drivers will be able to charge without an adapter at select ChargePoint stations starting this month.



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Reynolds attempts to win over dissatisfied customers one dealership at a time

Reynolds and Reynolds continues efforts to convince dealership customers that it is more customer-friendly and collaborative. The process is easier said than done, experts say.



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Honda, GM-backed Cruise take on Tokyo with commercial robotaxi service from 2026

Launching Cruise's driverless ride-hailing service in one of the world's biggest, busiest cities represents a step forward for autonomous driving development in Japan, where local players typically trail pioneering tech companies in the U.S. or China.



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Miyerkules, Oktubre 18, 2023

Honda, GM-backed Cruise to commercialize robotaxis in Tokyo

Launching Cruise’s driverless ride-hailing service in one of the world’s biggest, busiest cities represents a step forward for autonomous driving development in Japan, where local players typically trail pioneering tech companies in the U.S. or China.



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Ford recalls nearly 35,000 Mustang Mach-E vehicles amid NHTSA probe

The recall covers 2021-22 Mustang Mach-Es equipped with an extended-range battery and comes after NHTSA in August launched an investigation into Ford's handling of a June 2022 recall of nearly 50,000 of the automaker's high-profile EV.



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Tesla crash repairs costly, but other EVs near parity with gas vehicles

Tech-heavy Teslas cost about $1,350 more in collision repairs than combustion vehicles, third-quarter data shows. Rivian and Lucid were higher. But non-Tesla EVs cost just $269 more than gas cars on average.



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Hyundai, Kia sign semiconductor supply deal for EVs with Infineon

Infineon will build and reserve manufacturing capacity to supply silicon carbide and silicon power modules and chips to Hyundai and Kia until 2030.



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Stellantis faces Oct. 29 strike deadline with Unifor in Canada

The union said it is “looking forward” to locking in a deal that matches the pattern set by collective agreements with the other two members of the Detroit 3 while making “additional gains” on workplace issues specific to Stellantis. 



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Martes, Oktubre 17, 2023

Tesla's Q3 earnings to reflect lower sales, falling margins, analysts say

Tesla remains the dominant EV player in the U.S., with about half of the segment, but sales of three of its four models fell in the third quarter despite price cuts, Cox Automotive said.



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GM's Cruise faces NHTSA probe into pedestrian risks following incidents

The agency said it received two reports from Cruise of incidents in which pedestrians were injured, and has identified two further incidents via videos posted to public websites.



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Electric truck maker Volta files for bankruptcy in Sweden

Volta said problems with a supplier had cut the number of trucks it was able to produce and made it hard to raise sufficient capital.



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Toyota idles 6 plants in Japan after explosion at parts supplier

Chuo Spring said an accident involving an explosion in a building at its Fujioka plant on Monday resulted in damage to the facility where vehicle suspension coils are made for a number of Japanese automakers.



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Lunes, Oktubre 16, 2023

Ferrari to accept crypto as payment for its cars in the U.S.

Ferrari said the decision came in response to requests from the market and dealers as many of its clients have invested in crypto.



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UAW strike could upend GM, Ford financial strategies as Q3 reports loom

GM will report third-quarter results Oct. 24, with Ford following on Oct. 26. GM has already telegraphed a $200 million hit to third quarter profits from strike-related costs.



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2024 Rogue freshen adds Google integration

2024 Nissan Rogue will arrive in stores early next year, followed by an off-road trim in the fall.



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Toyota to show EV sports car, crossover at Japan Mobility Show

Toyota shows it is serious about electric vehicles, with plans to preview its next-generation EV platform in a sexy sports car and futuristic crossover at the Japan Mobility Show.



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Linggo, Oktubre 15, 2023

AutoFi: F&I transparency doesn't impact penetration

Consumers engaging with a car protection product option on a dealership's website bought the same number of items as customers who followed a more typical car-buying process, AutoFi found in a study conducted earlier in 2023.



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Unifor ratifies GM Canada deal with 80.5% of voters in favor

About 4,300 members in Oshawa, St. Catharines and Woodstock, Ontario, voted 80.5 percent in favor of the deal that promises pay increases of nearly 20 percent for longtime workers over the three-year term.



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Sabado, Oktubre 14, 2023

Where will F&I fall in digital retail shakeout?

Protective Asset Protection surveyed over 300 dealership executives and found 53 percent were unsure if F&I products should be for sale online.



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Honda unveils electric, self-driving lawn mower

Honda, which is getting out of the gasoline-powered mower business, unveiled an electric self-driving replacement that can be controlled by a tablet or smartphone.



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Biyernes, Oktubre 13, 2023

Next-gen Corvette ZR-1 undergoes high speed testing in Germany

A fourth Chevrolet Corvette model, the ZR1, is expected to arrive at dealerships next year as a 2024 or 2025 model.

Unlike previous versions of the highest-performance street-legal Corvette with supercharged V-8s, the C8 version will be powered by a twin-turbo V-8 engine — just the second such production engine GM has ever made. Horsepower could top 850. Engineers last week were putting the sports car through severe high-speed testing at Germany’s Nürburgring.

The latest ZR1 will have a different front fascia with a splitter and a rear wing. These spy photos show two different wings being evaluated.



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How China left the world far behind in the EV battery race

China's dominance in the battery market is explained in a new book that highlights how German automakers failed to invest early in a crucial technology – lithium ion batteries.



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Tesla Semi outperforms rivals in a real-world test

The electric Tesla Semi demonstrated its initial performance advantages in range and charging efficiency.



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Lexus, Subaru, Mazda go sporty at October's Japan Mobility Show

Lexus, Subaru and Mazda plan to unveil sporty concept cars at this month's Japan Mobility pointing to an electrified future in possible successors of the LFA, WRX and MX-5 Miata.



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Biden, energy secretary to unveil $7 billion hydrogen hub projects

The $7 billion — part of a larger $8 billion hydrogen hub program funded through 2021's Infrastructure Investment and Jobs Act — will be used to create networks that link hydrogen producers, infrastructure providers and customers across multiple industries, including transportation.



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Huwebes, Oktubre 12, 2023

Gotion inks real estate deal for Illinois plant but hurdles remain

Project will benefit from provisions in the Inflation Reduction Act and other rules the U.S. has promulgated to incentivize local lithium battery production, Gotion said in a statement.



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Toyota, Idemitsu team for all-solid-state battery breakthrough by 2028

Toyota is teaming with Japanese petrochemical giant Idemitsu to develop a sulfide solid electrolyte for the all-solid-state batteries the automaker plans to market in its next-generation electric vehicles around 2027-2028.



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Toyota, Idemitsu team for solid-state battery breakthrough by 2028

Toyota is teaming with Japanese petrochemical giant Idemitsu to develop a sulfide solid electrolyte for the all-solid-state batteries the automaker plans to market in its next-generation electric vehicles around 2027-2028.



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Toyota, Idemitsu team for solid-state battery breakthrough by 2028

Toyota is teaming with Japanese petrochemical giant Idemitsu to develop a sulfide solid electrolyte for the all-solid-state batteries the automaker plans to market in its next-generation electric vehicles around 2027-2028.



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Kia to start at $35K with range of new affordable EVs

Kia's new line of affordable EVs shatter price barriers with style and technology, kicking off with the EV5 compact crossover, on its way to 1 million all-electric sales globally.



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Miyerkules, Oktubre 11, 2023

Tesla's EV share falls to 58 percent as Model 3 growth cools and Model X and Model S turn red

The automaker's January to August EV share fell to 58% from 65.1% a year earlier, Experian data shows. Tesla blamed factory downtime for global third-quarter sales that came in lower than the preceding quarter.



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Ford, Hyundai join Tesla in turning to Idra Giga Presses

Idra was also about to sign a supply contract for two 9,000 presses with a premium automaker in Europe, its first with a European group, Reuters reported.



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Redwood Materials launches battery pricing tool

The online portal is similar to tools dismantlers employ for catalytic converters and platforms dealers employ to price used vehicles.



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Dealerships help fill retail tech VC investment shortfall

Some dealerships have long launched startups to fill specific business needs. They're increasingly becoming investors for new companies outside their walls.



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Magna debuts new seating material that's 100% recyclable

Magna International debuted a new foam and trim product line for vehicle seats that is 100 percent recyclable, helping automaker customers reach sustainability targets and keeping seating materials out of landfills.



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With bid for Vitesco, Schaeffler confronts EV transition

Schaeffler, already the main shareholder in Vitesco and Continental, will add electrification expertise and more scale to manage its declining combustion-engine business.



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Tesla rejects union claims, reports of health and safety issues at German plant

Tesla came under scrutiny in the past fortnight after German media citing local authority documents in Brandenburg reported an unusually high number of work-related accidents requiring workers to take at least three days of sick leave were occurring at the plant.



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Stellantis, Samsung SDI pick Indiana for second joint EV battery plant

The $3.2 billion plant will be co-located in Kokomo, Ind., next to the first plant under construction. The companies expect to create 1,400 jobs at the second site and will begin production in 2027.



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Martes, Oktubre 10, 2023

Incomplete car purchases canceled as Shift Technologies goes out of business, files bankruptcy

Shift Technologies terminated 120 employees last week ahead of its Chapter 11 filing and retained 24 employees to facilitate Shift's wind-down of operations, according to a court filing.



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Wanted: Electricians to fix thousands of broken EV chargers

Nearly 4,000 public charging stations were out of service as of Oct. 5, according to the U.S. Department of Energy. That's an outage rate of more than 6 percent.



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Lucid adds 478 registrations in August for eight-month tally of 4,267, data shows

The EV startup has a production goal of more than 10,000 Air sedans this year. On Sunday, it launched the performance Sapphire trim, starting at $250,500 with shipping.



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Denso, Mitsubishi Electric to invest $1 billion in Coherent’s silicon carbide unit that supplies EVs

Silicon carbide is more efficient than traditional silicon chips and has been used in some EVs, including Tesla vehicles, to speed charging and extend range.



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BMW, Mercedes Q3 sales decline in China

Mercedes' sales fell 4 percent to 510,600 vehicles, while BMW's volume dipped 5.8 percent to 621,699 vehicles in the quarter.



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Lunes, Oktubre 9, 2023

Unifor launches strike at 3 GM Canada operations after parties fail to reach new contract

The strike includes roughly 4,300 hourly workers at GM’s Oshawa Assembly Plant east of Toronto, its powertrain plant in St. Catharines and its Woodstock Parts Distribution Center.



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Nissan Hyper Adventure a sporty EV with huge battery, flip seat

The Nissan Hyper Adventure, a high-tech, eco-friendly sporty crossover, will preview the Japanese automaker's next-generation EV designs with a huge battery and unique flip seat when it debuts at this month's Japan Mobility Show.



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Timeline: How the race for Pendragon shaped up

Pendragon appeared primed to sell most of its assets to Lithia Motors Inc. when the transformative but still pending deal was revealed in mid-September. That kick-started a flurry of jostling among three of the largest auto retailers.



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German union says Tesla workers are joining as health and safety issues grow

Lack of staff and inadequate safety provisions are leading to a high number of accidents at work at Tesla's plant near Berlin, the IG Metall union said.



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Live talk at noon Thursday: Impacts of UAW strikes

Michigan State Professor Peter Berg will join for a live talk on the UAW strikes against the Detroit 3.



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Genesis opens its first standalone store on the East Coast

Genesis opened its first retail facility on the East Coast — Genesis of Cherry Hill in Marlton, N.J. — which is the brand's ninth store to open in the U.S. and one of the largest at 20,000 square feet.



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Tesla prices now rival average U.S. cars after billions in cuts

Tesla’s top-selling electric vehicles now compete directly with gasoline cars on price after the latest round of price reductions. The lower prices could cost the company $1.2 billion a year.



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Schaeffler offers to buy Vitesco in $3.8 billion bid to create EV supplier giant

The deal will help the billionaire Schaeffler family reshape its industrial empire, expanding Schaeffler's offerings for the EV industry.



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Linggo, Oktubre 8, 2023

Strip club, weed shops offer UAW discounts

Dream Girls Detroit is letting in UAW members for free throughout the strike, and the Greenhouse of Walled Lake is giving half off.



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Lithia Motors looks closer to Pendragon acquisition

Lithia Motors' increased offer to acquire the dealership and fleet businesses of Pendragon could bring more long-term value to shareholders of the large U.K. auto retailer vs. a rival auto retailer's preliminary proposal, one analyst said.



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Mullen Automotive is banking on 2 rebadged Chinese commercial vehicles

Mullen Automotive will soon know if its strategy of homologating Chinese vehicles for the U.S. commercial fleet market is a viable business plan. Two vehicles, a small electric van and a Class 3 chassis cab, are starting production now.



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Lexus fills ‘big hole' in lineup with Texas-size TX crossover

Dealers have begun receiving their first Lexus TX large crossovers built in Indiana that are intended to keep younger buyers in the luxury brand as their families grow.



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Sabado, Oktubre 7, 2023

Detroit 3 keep incentives despite UAW strike, though GM's run shorter

Ford, General Motors and Stellantis don't seem to have gone "cold turkey" on their October car sales promotions despite the UAW strike, a J.D. Power analyst said. But GM's deals run only two weeks.



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Biyernes, Oktubre 6, 2023

O'Brien Auto Team drives repeat business with loyalty rewards

About 80 percent of the dealer group's customers are enrolled in the O'Brien Rewards program.



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Alpha Auto Group finalizes $842M deal for U.K.'s Lookers group

The deal hands ownership of Lookers’ 147 new-vehicle dealerships in the U.K. and Ireland to Global Auto Holdings, a special-purpose acquisition company formed to carry out the purchase.



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UAW holds off on strike expansion after 'major breakthrough' with GM on battery plant wages

UAW President Shawn Fain said he planned to strike GM's key full-size SUV plant in Texas but called it off after the company made its last-minute concession. No other strike expansions were announced Friday.



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Lucid launches base model of Air sedan at $78,975 as EV startup struggles with demand

The rear-drive Air is $5,000 less expensive than the all-wheel-drive Pure trim. The launch comes after Tesla cut the price of its Model S sedan by $3,500 last month to $76,630.



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Dealers to be reimbursed for EV credit transfers within 3 days, Treasury says

The reimbursement time frame was part of a handful of new guidance issued Friday by the Treasury and IRS to provide dealers with additional information on registration requirements and how the mechanics of the credit transfer will work.



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SEC turns up the heat on Tesla's Musk over Twitter stock purchases

The SEC began its probe in April 2022 and has requested thousands of documents from the Tesla CEO and other parties, the agency said. The billionaire has already sent hundreds of documents, and testified twice in July 2022.



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Huwebes, Oktubre 5, 2023

NHTSA and ARC feud over whether airbag inflators are a risk

At a public meeting Thursday, auto safety officials at NHTSA made their case for why the airbag inflators pose an unreasonable risk of serious injury or death to vehicle occupants. ARC Automotive, of Knoxville, Tenn., pushed back against the agency's reasoning.



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