General Motors has reached an agreement with a large computer chip maker to help ensure it has a steady supply of semiconductors as it ramps up production of electric vehicles and complex components that require increases in computing power. Under the agreement, the chip maker, GlobalFoundries, agreed to set aside a portion of its manufacturing… Continue reading General Motors Reaches Deal to Ensure Its Chip Supply
Category: US Motoring Press
Tesla’s Cybertruck Is Coming Soon. Maybe.
More than three years after Elon Musk stunned the auto industry with an electric pickup truck that looked more like a stealth fighter than a way to haul two-by-fours and drywall, Tesla said last month that it would begin building the vehicle by the end of 2023. The announcement has helped fuel a recovery in… Continue reading Tesla’s Cybertruck Is Coming Soon. Maybe.
Do You Work in the Auto Industry? We Want to Hear From You.
Growth in sales of electric vehicles has created thousands of jobs in auto manufacturing, batteries and other new fields, but not without turmoil. There is talk of layoffs at some suppliers and automakers even as other companies expand. I cover the auto industry for The New York Times, and I am planning to write about… Continue reading Do You Work in the Auto Industry? We Want to Hear From You.
Jury Rules for Elon Musk and Tesla in Investor Lawsuit Over Tweets
A jury decided Friday that Elon Musk was not liable for losses suffered by investors after he posted messages on Twitter saying he had secured the funding to take Tesla private in 2018. Investors had sued Mr. Musk, Tesla and the company’s board, arguing that his statements about his embryonic plan to take the electric… Continue reading Jury Rules for Elon Musk and Tesla in Investor Lawsuit Over Tweets
Ford Lost $2 Billion in 2022 as Some Investments Soured
The company sold 1.15 million vehicles in the fourth quarter, an increase from 1.1 million a year earlier but about 500,000 fewer than Ford had expected, Mr. Lawler said. Ford’s production has been slowed by the global shortage of computer chips, and Mr. Lawler said the company expected some disruptions to continue this year and… Continue reading Ford Lost $2 Billion in 2022 as Some Investments Soured
Pedestrians may be assisted by robots and smart grilles in the future
A traffic light robot glides out onto a pedestrian crossing. It stops the oncoming cars and shows a green light to pedestrians. A car’s radiator grille shows the pedestrians a similar signal. Sci-fi? No, it’s the not-too-distant future. The robotic rover called IPA2X is designed to help children, seniors and people with disabilities cross the… Continue reading Pedestrians may be assisted by robots and smart grilles in the future
India market’s strong contribution to Hyundai and Kia global sales continues in 2023
India market’s strong contribution to Hyundai and Kia global sales continues in 2023 The smart growth of the Indian passenger vehicle market, which surpassed a record 3.8 million vehicles in CY2022 and continues to record strong numbers in 2023, is paying off for the Hyundai Motor Group. The Korean automaker is increasingly witnessing growing contribution… Continue reading India market’s strong contribution to Hyundai and Kia global sales continues in 2023
Jaguar Land Rover opens three new tech hubs in Europe to accelerate self-driving tech
Jaguar Land Rover opens three new tech hubs in Europe to accelerate self-driving tech Jaguar Land Rover is expanding its global digital capability and has opened three new tech hubs in Europe last month, creating nearly 100 new engineering jobs. The hubs are set up to develop autonomous driving systems for JLR’s next generation of modern luxury vehicles,… Continue reading Jaguar Land Rover opens three new tech hubs in Europe to accelerate self-driving tech
Vietnamese carmaker enters US market, makes first deliveries of electric SUV
VinFast, Vietnam’s home-grown electric car manufacturer, has entered the US market and made its first deliveries to customers. On March 1, VinFast delivered the first 45 VF 8 City Edition all-electric SUVs to U.S. customers at its nine stores across California, which signals the company’s official entry into the North American market. The City Edition… Continue reading Vietnamese carmaker enters US market, makes first deliveries of electric SUV
Vietnamese carmaker enters US market, makes first deliveries of electric SUV
VinFast, Vietnam’s home-grown electric car manufacturer, has entered the US market and made its first deliveries to customers. On March 1, VinFast delivered the first 45 VF 8 City Edition all-electric SUVs to U.S. customers at its nine stores across California, which signals the company’s official entry into the North American market. The City Edition… Continue reading Vietnamese carmaker enters US market, makes first deliveries of electric SUV