onsemi, a leader in intelligent power and sensing technologies, and Magna, one of the world’s largest automotive suppliers, have announced a long-term supply agreement (LTSA) for Magna to integrate onsemi’s EliteSiC intelligent power solutions into its eDrive systems. By integrating onsemi’s industry-leading EliteSiC MOSFET technology, Magna eDrive systems can offer better cooling performance and faster… Continue reading Onsemi and Magna target growing global EV market, invest in SiC manufacturing
Category: US Motoring Press
Car and bike OEMs in India recall 5.4 million vehicles since 2012
On July 24, Maruti Suzuki India recalled 87,599 S-Presso hatchbacks and Eeco vans to inspect them for a possible defect in a part of the steering tie-rod, which could affect vehicle steerability and handling. This was Maruti’s fourth recall in the year to date (January-July 24 2023) and its third largest since apex industry body… Continue reading Car and bike OEMs in India recall 5.4 million vehicles since 2012
Car and bike OEMs in India recall 5.4 million vehicles since 2012
On July 24, Maruti Suzuki India recalled 87,599 S-Presso hatchbacks and Eeco vans to inspect them for a possible defect in a part of the steering tie-rod, which could affect vehicle steerability and handling. This was Maruti’s fourth recall in the year to date (January-July 24 2023) and its third largest since apex industry body… Continue reading Car and bike OEMs in India recall 5.4 million vehicles since 2012
Car and bike OEMs in India recall 5.4 million vehicles since 2012
On July 24, Maruti Suzuki India recalled 87,599 S-Presso hatchbacks and Eeco vans to inspect them for a possible defect in a part of the steering tie-rod, which could affect vehicle steerability and handling. This was Maruti’s fourth recall in the year to date (January-July 24 2023) and its third largest since apex industry body… Continue reading Car and bike OEMs in India recall 5.4 million vehicles since 2012
Ford beats second quarter expectations with $1.9B net income despite EV costs, losses
Ford Motor Co. beat Wall Street expectations with its second quarter earnings report released Thursday, increasing revenue 12% to $45 billion from the same period in 2022; a net income of $1.9 billion, and adjusted earnings before interest and taxes (EBIT) of $3.8 billion. The company touted its success with commercial customers through its Ford… Continue reading Ford beats second quarter expectations with $1.9B net income despite EV costs, losses
Felony charges against Ford exec dismissed after prosecution unable to produce witnesses
Ford executive Franck Louis-Victor appeared in a Bloomfield Township courtroom for a hearing Thursday on two felony charges related to a July 8 domestic incident but the case was dismissed when the prosecution was unable to produce any witnesses. Allison Krueger, an Oakland County assistant prosecutor, told 48th District Court Judge Kimberly Small that county… Continue reading Felony charges against Ford exec dismissed after prosecution unable to produce witnesses
Wage increases might prove to be easy win for UAW in automaker contract talks
UAW workers are poised to get a wage increase and not face a concessionary contract in what is proving to be a historic negotiation between the union and General Motors, Stellantis and Ford Motor, according to sources familiar with the talks. GM is expected to offer a wage increase for its 50,000 hourly workers in… Continue reading Wage increases might prove to be easy win for UAW in automaker contract talks
Ford’s Profit Jumped in Second Quarter
Ford Motor earned $1.9 billion from April to June, up from $667 million a year earlier, the company said on Thursday. Robust sales of gasoline-powered trucks and sport-utility vehicles more than offset a substantial loss on electric models. The automaker reported revenue of $45 billion, up 12 percent from a year earlier, and said it… Continue reading Ford’s Profit Jumped in Second Quarter
F1 Academy Picks Up Where the W Series Left Off
It has been 47 years since a woman drove in a Formula 1 Grand Prix, when Lella Lombardi of Italy finished 12th at the Austrian Grand Prix in 1976. In 2019, the all-female W Series started in an attempt to provide a way to get women behind the wheel, but it collapsed in June without… Continue reading F1 Academy Picks Up Where the W Series Left Off
United Auto Workers Open Contract Talks in Detroit
The three Detroit automakers and the United Auto Workers union have begun negotiating a new labor contract in what could become the most contentious talks between the two sides in perhaps half a century. The discussions, which formally started on Thursday, come as General Motors, Ford Motor and Stellantis have posted a long streak of… Continue reading United Auto Workers Open Contract Talks in Detroit