Microchip Shortage Stunts GM’s Assembly Plant Production

General Motors will shutdown or reduce production at four of its global assembly plants beginning the week of Feb. 8, 2021 due to the ongoing automotive semiconductor shortage, according to the automaker. GM said it will close down its assembly plants in Fairfax, Kansas; Ingersoll, Ontario; and San Luis Potosi, Mexico. The automaker said it… Continue reading Microchip Shortage Stunts GM’s Assembly Plant Production

Lewis Hamilton contract: Ola Kallenius caused problem for Toto Wolff that delayed deal – Daily Express

Lewis Hamilton is expected to sign a new contract with Meredes soon after months of talks with his team and Toto Wolff. However, it has been claimed that Daimler AG president, Ola Kallenius, has set Wolff strict demands over the Briton’s new deal. It is understood that demands from Ola Kallenius delayed Toto Wolff’s contract… Continue reading Lewis Hamilton contract: Ola Kallenius caused problem for Toto Wolff that delayed deal – Daily Express

Daimler to spin off trucks, change name to Mercedes-Benz – Seattle PI

FRANKFURT, Germany (AP) — German automaker Daimler will split itself into two independent companies by spinning off its truck and bus division, a move the company said would give both the freedom to operate more nimbly in a fast-changing environment focussed on zero-emission vehicles and software. The Stuttgart-headquartered company said Wednesday that a significant majority… Continue reading Daimler to spin off trucks, change name to Mercedes-Benz – Seattle PI

Lewis Hamilton: Mercedes’ star big fear, New deal ‘confirmed’, Toto Wolff skipped in talks – Daily Express

Lewis Hamilton is yet to sign a new contract with Mercedes ahead of the 2021 season. With testing a little over a month away, we round up the latest on the seven-time world champion, including whether a new deal is deemed likely at present. Hamilton’s big fear Hamilton feared that he would only be a… Continue reading Lewis Hamilton: Mercedes’ star big fear, New deal ‘confirmed’, Toto Wolff skipped in talks – Daily Express

Innolith Appoints Automotive & Mobility Expert Stefan Knupfer as Chairman

BASEL, Switzerland, Feb. 4, 2021 /PRNewswire/ — Innolith AG today announces that Stefan M. Knupfer, a McKinsey Senior Partner, has been appointed to the Board of Innolith AG in the position of Chairman of the Board. He takes over from Konstantin Solodovnikov, who will continue serving on the Board of Innolith AG and in his… Continue reading Innolith Appoints Automotive & Mobility Expert Stefan Knupfer as Chairman

California leads US sprint towards electric vehicles

NEW YORK: California is “far and away” leading the U.S. shift to electric vehicles, researchers said on Wednesday, as President Joe Biden’s new administration steps up its clean energy drive. California, the most populous U.S. state, is the only one with deadlines for electrifying transit buses, heavy trucks, and commercial vehicles, found an analysis by… Continue reading California leads US sprint towards electric vehicles

Apollo Tyres’ profit doubles in Q3 on robust sales

Apollo Tyres more than doubled its profit in Q3 FY2021 to Rs 444 crore compared to Rs 174 crore in Q3 FY2020 on the back of strong sales across geographies. The sales in Q3 grew 14 percent to Rs 4,965 crore (Q3 FY202 sales at Rs 4,347 crore). The operating profit for the tyre maker… Continue reading Apollo Tyres’ profit doubles in Q3 on robust sales

Don’t buy Teslas during a production ramp, Elon Musk says

The quality of Tesla’s cars suffers any time the company dramatically scales up production, CEO Elon Musk admitted in a February 2nd interview. Musk also said that Tesla was making cars so fast near the end of 2020 that it was messing up the paint jobs. Tesla has gotten a lot of criticism for the… Continue reading Don’t buy Teslas during a production ramp, Elon Musk says

Allison Transmission Awarded $3.6 Million Engineering Contract to Maintain Superior Performance of the Abrams Powertrain

INDIANAPOLIS–(BUSINESS WIRE)–The U.S. Army selected Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and military vehicles, to undertake an engineering program that builds upon previous analysis and evaluates the X1100-3B1 transmission and final drive changes necessary to expand the Abrams’ performance edge in speed, cruising range and durability.… Continue reading Allison Transmission Awarded $3.6 Million Engineering Contract to Maintain Superior Performance of the Abrams Powertrain