A licensing agreement between Ford Motor and a major Chinese battery maker is facing scrutiny by Republican lawmakers, who say it could make an American automaker reliant on a company with links to forced labor in China’s Xinjiang region. In a letter sent to Ford on Thursday, the chairs of the House Select Committee on… Continue reading Lawmakers Challenge Ford and Chinese Battery Partner Over Forced Labor
Category: US Motoring Press
Here’s how a union strike could impact Ford — and what Jim Cramer thinks about the stock
High-stakes negotiations between the United Auto Workers and Detroit automakers could lead to a strike later this month, putting added pressure on already beaten-down shares of Ford Motor (F). The risk of a walkout by the union has also created near-term uncertainty for General Motors (GM) and Stellantis (STLA) — the Dutch owner of the… Continue reading Here’s how a union strike could impact Ford — and what Jim Cramer thinks about the stock
BMW to use Amazon cloud technology to build its autonomous driving features for new EVs
BMW revealed the BMW Vision Neue Klasse, a concept electric vehicle that will underpin its foray into battery-powered cars. Arjun Kharpal | CNBC MUNICH — BMW will build its semi-autonomous driver assistance system on Amazon’s cloud computing technology, the two companies said Tuesday. The German automaker’s next-generation advanced driver assistance system, or ADAS, will feature… Continue reading BMW to use Amazon cloud technology to build its autonomous driving features for new EVs
Chinese electric carmakers ramp up push overseas, setting up clash with U.S., European auto giants
BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC Munich, GERMANY — The IAA in Munich, Germany is one of Europe’s most high-profile auto shows. And it was dominated by Chinese electric car firms… Continue reading Chinese electric carmakers ramp up push overseas, setting up clash with U.S., European auto giants
US moves to force recall of 52 million air bag inflators that can explode and hurl shrapnel
Detroit – The U.S. government is taking a big step toward forcing a defiant Tennessee company to recall 52 million air bag inflators that could explode, hurl shrapnel and injure or kill people. The National Highway Traffic Safety Administration on Tuesday said it has made an initial decision that the inflators made by ARC Automotive… Continue reading US moves to force recall of 52 million air bag inflators that can explode and hurl shrapnel
Ford’s sales post slight gain in August
Ford Motor Co.’s sales ticked up 2% year-over-year in August, according to numbers released Tuesday. The Dearborn automaker sold 161,300 new vehicles in the United States last month, up from 158,088 in August 2022. Sales of internal combustion engine vehicles, which make up the bulk of Ford’s sales, were essentially flat compared to a year… Continue reading Ford’s sales post slight gain in August
Rise of China’s EV makers threatens Western firms, UBS says
This content is only available to subscribers. Get unlimited digital access. $1 for 6 months. Subscribe Now Your subscription supports: Trusted, up-to-date local Detroit and Michigan-wide breaking news. Accurate, fact-based journalism without an agenda, so you get the information you need to make informed decisions. Complete coverage and commentary on Michigan politics from Chad Livengood,… Continue reading Rise of China’s EV makers threatens Western firms, UBS says
Drivers squeezed as auto insurance costs soar across the U.S.
This content is only available to subscribers. Get unlimited digital access. $1 for 6 months. Subscribe Now Your subscription supports: Trusted, up-to-date local Detroit and Michigan-wide breaking news. Accurate, fact-based journalism without an agenda, so you get the information you need to make informed decisions. Complete coverage and commentary on Michigan politics from Chad Livengood,… Continue reading Drivers squeezed as auto insurance costs soar across the U.S.
Electric cars pass a crucial tipping point in 23 countries
This content is only available to subscribers. Get unlimited digital access. $1 for 6 months. Subscribe Now Your subscription supports: Trusted, up-to-date local Detroit and Michigan-wide breaking news. Accurate, fact-based journalism without an agenda, so you get the information you need to make informed decisions. Complete coverage and commentary on Michigan politics from Chad Livengood,… Continue reading Electric cars pass a crucial tipping point in 23 countries
Strong growth of EVs in India means new biz opportunities for players
The appointment of Abhit Thulkar as Vice President for business development and Amit Borkar as Vice President, New Mobility at Pune-based ARaymond India Pvt. Ltd should not come as a surprise. The Grenoble, France-based family-owned company was established in 1865, and has been planning its future as India’s automotive industries recover fast post Covid and… Continue reading Strong growth of EVs in India means new biz opportunities for players