Polestar has announced that its new 3 model will launch in October this year, with customers being able to order the all-electric SUV from the day of its premiere. It’ll provide fresh competition in the rapidly growing large electric SUV segment, rivalling the likes of the Audi e-tron and BMW iX. Thomas Ingenlath, Polestar CEO,… Continue reading New Polestar 3 to debut in October 2022
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“Almost 800,000 people are still working in Britain’s automotive industry”
Two years after Covid first clobbered us, the car business in the UK remains badly bruised, but still alive and kicking. It’s down, but not out. And believe it or not, in some departments, it’s healthier today than two years back. I’ve accessed the like-for-like (Spring 2020 vs Spring 2022) figures. Thankfully, they state that… Continue reading “Almost 800,000 people are still working in Britain’s automotive industry”
Toyota tops auto-supplier relations study, as Honda rises and Stellantis drops
Toyota Motor Corp. had the best working relationship with its North American suppliers, according to an annual study from accounting firm Plante Moran, while Honda Motor Co. showed the most improvement, and views on Jeep-maker Stellantis NV soured. This year’s North American Automotive OEM-Supplier Working Relations Index was ripe for change given the supply-chain disruptions ongoing for… Continue reading Toyota tops auto-supplier relations study, as Honda rises and Stellantis drops
GM took a pledge to be the ‘most inclusive’ company. It’s trying to make it happen
This content is only available to subscribers. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that interest you most. Exclusive… Continue reading GM took a pledge to be the ‘most inclusive’ company. It’s trying to make it happen
American Axle pushes back on report it’s in talks to sell company
Auto supplier American Axle & Manufacturing Holdings Inc. late Sunday quashed a report that it’s in talks to sell the company. “While our long-standing policy is to not publicly comment on market rumors and media speculation, we feel it is important to clarify that we are not engaged in a process to sell the company,” the company… Continue reading American Axle pushes back on report it’s in talks to sell company
Despite stiff headwinds, BMW on track to meet ’22 production goals
This content is only available to subscribers. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that interest you most. Exclusive… Continue reading Despite stiff headwinds, BMW on track to meet ’22 production goals
Average U.S. vehicle is now a record 12.2 years old
The average age of light vehicles in operation has hit a record, increasing by two months this year to 12.2 years, as a shortage of vehicles is keeping Americans in their cars for longer, according to a study released on Monday. It’s the fifth consecutive year of increase even as the U.S. vehicle fleet recovered, growing by… Continue reading Average U.S. vehicle is now a record 12.2 years old
Sunday Times Rich List reveals most affluent dealers
The Sunday Times Rich List has revealed the UK’s most affluent dealers. Geoffrey Warren, owner of Car Giant, topped the list of those who’s wealth comes from car sales, with a worth of £2.552bn, up £1.107bn from last year to be ranked 68th (2021: 148). Lady Philomena Clark and family, owners of Scottish Group Arnold… Continue reading Sunday Times Rich List reveals most affluent dealers
German FAZ: The truck manufacturer now has a cooperation partner for batteries003396
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German FAZ: Between the chairs003395
All electric Mercedes bear the abbreviation EQ, and all of them have to live without the suffix “-Benz”. A, B, C, E, S and V are on offer, and an EQS electric SUV has been announced. A, B and C are SUVs, the rest are large sedans. Customers are probably waiting in vain for a… Continue reading German FAZ: Between the chairs003395