Category: OEMs

General Motors CEO: Chip shortage has forced supply chain rethink – Verdict

US automaker General Motors will source more semiconductors directly from manufacturers to adapt to the ongoing global chip shortage, its CEO Mary Barra said on Friday. Barra’s comments came amid ten months of sporadic production line closures in the automotive sector due to the chip shortage and supply chain disruptions. All major automakers have been… Continue reading General Motors CEO: Chip shortage has forced supply chain rethink – Verdict

Former Fiat Chrysler Chief Michael Manley to Head AutoNation – ETAuto.com

Michael Manley as new chief executive officer of AutoNation Inc NO. 1 U.S. auto retailer AutoNation Inc on Tuesday named former Fiat Chrysler (FCA) top boss Michael Manley as its new chief executive officer, replacing long-serving CEO Mike Jackson. British-born Manley took over as CEO of FCA in July 2018 Mike Manley after long-time chief… Continue reading Former Fiat Chrysler Chief Michael Manley to Head AutoNation – ETAuto.com

@VW Group: Lamborghini Super Trofeo World Finals: 60 cars head to Misano Adriatico, Huracán Super Trofeo EVO2 debuting in eSports as a private preview004040

Sant’Agata Bolognese, 19 October 2021 – The Misano World Circuit Marco Simoncelli on the Adriatic coast of Italy will play host to the traditional season-ending Lamborghini Super Trofeo World Finals, as well as the final round of both the European and North American championships. Following a year on the sidelines – the 2020 edition was… Continue reading @VW Group: Lamborghini Super Trofeo World Finals: 60 cars head to Misano Adriatico, Huracán Super Trofeo EVO2 debuting in eSports as a private preview004040

@VW Group: Advancement of PTV with new partner Bridgepoint004040

Stuttgart, 19 October 2021. Porsche Automobil Holding SE (Porsche SE), Stuttgart, has partnered with Bridgepoint Advisers Limited (Bridgepoint), London, United Kingdom, to advance the further development of PTV Planung Transport Verkehr AG (PTV). In this context, the private equity group has acquired 60 percent of PTV, while Porsche SE retains a significant stake of 40 percent… Continue reading @VW Group: Advancement of PTV with new partner Bridgepoint004040

@VW Group: Volkswagen tests 5G for production on its way to smart factories004040

Volkswagen is taking a further step in the direction of fully networked factories. A local 5G standalone network (“campus network”) is now available at its main plant in Wolfsburg that initially covers the main production development center and the pilot hall. The pilot project will test whether the 5G technology meets the demanding requirements of… Continue reading @VW Group: Volkswagen tests 5G for production on its way to smart factories004040

@Toyota: Driving the Future Forward at Toyota Indiana

Toyota is driving the future forward in the heart of Princeton, Indiana. The company recently announced an $803 million investment and 1,400 new jobs at Toyota Motor Manufacturing, Indiana (TMMI), ahead of plans to unveil two all-new, three-row electrified SUVs. The plant broke ground 25 years ago in a sprawling cornfield in the Hoosier state.… Continue reading @Toyota: Driving the Future Forward at Toyota Indiana

@Toyota: Woven Capital Invests in UP.Partners’ New Venture Capital Fund Dedicated to Powering the Future of Mobility Through Emerging Technology

Woven Capital, L.P., the investment arm of the Woven Planet Group, a Toyota subsidiary that is dedicated to building the safest mobility in the world, today announced that it has made an investment in UP.Partners’ newly launched $230M venture capital fund. The fund is dedicated to supporting early-stage companies that are transforming the moving world.… Continue reading @Toyota: Woven Capital Invests in UP.Partners’ New Venture Capital Fund Dedicated to Powering the Future of Mobility Through Emerging Technology