Chip shortage may lead to production loss of 175,000 units or Rs 11,000 crore for Maruti Suzuki in FY2023 Maruti Suzuki, India’s largest car maker, continues to face disruption in supplies of semiconductor chips. As a result of this, the company has now issued a guidance for higher impact in March 2023 than what it experienced… Continue reading Chip shortage may lead to production loss of 175,000 units or Rs 11,000 crore for Maruti Suzuki in FY2023
Category: US Motoring Press
F-150 Lightning production shutdown to last 5 weeks, Ford says
Ford Motor Co. said Thursday it plans to restart production of the all-electric F-150 Lightning at the Rouge Electric Vehicle Center in Dearborn on March 13 — ending what will be a five-week disruption. Ford stopped factory operations on the Lightning immediately following a Feb. 4 battery fire in a holding lot in Dearborn that… Continue reading F-150 Lightning production shutdown to last 5 weeks, Ford says
Ford unveils its new AI company after pulling out of Argo AI
Ford Motor Co. has created a wholly owned subsidiary that will focus on developing a hands-free, eyes-off-the-road automated driving system called Latitude AI, the automaker announced Thursday. This news comes five months after the Dearborn automaker announced in its third quarter earnings report in October 2022 that Ford was exiting its investment in the driverless-tech… Continue reading Ford unveils its new AI company after pulling out of Argo AI
UAW, Stellantis execs play blame game as automaker cuts jobs to make up for EV costs
Rich Boyer was headed to Belvidere, Illinois, on Tuesday, where he planned to meet with UAW members from the Jeep Cherokee plant being idled there. He said he expected difficult conversations. “I’m going to look at a group of people who are heartbroken,” said Boyer, who took office in December as one of the union’s… Continue reading UAW, Stellantis execs play blame game as automaker cuts jobs to make up for EV costs
New Mercedes E-class sedan will have artificial intelligence, Zoom calls, disco lights
Artificial intelligence and advanced entertainment and information features will adorn the next version of Mercedes’s E-class when the midsize luxury sedan debuts later this year. Mercedes recently provided a glimpse, showing an elaborately equipped interior while hiding the car’s exterior styling under a shroud. Some of the features are shared with Mercedes new EVs, including… Continue reading New Mercedes E-class sedan will have artificial intelligence, Zoom calls, disco lights
Formula 1’s Rookie Class of 2023
When the season kicks off on Sunday in Bahrain, three rookies will have achieved their dreams of grabbing seats in Formula 1. Logan Sargeant with Williams, the first American driver in the sport in almost 10 years; Nyck de Vries with AlphaTauri; and Oscar Piastri with McLaren are embarking on their first seasons. Piastri has… Continue reading Formula 1’s Rookie Class of 2023
Formula 1’s Many Changes at the Top
Formula 1’s off-season was unusual. It is natural for drivers to swap teams, and several indeed did, but for several team principals and senior executives to move around is rare. But before the season started, there were major changes. Mattia Binotto resigned from Ferrari and was replaced by Frédéric Vasseur, who had been the team… Continue reading Formula 1’s Many Changes at the Top
With a Redesigned Car, Mercedes Hopes It Can Unseat Red Bull as F1 Champion
There was a period during its record streak of eight consecutive world championships from 2014 to 2021 that Mercedes seemed unbeatable. Yet when new rules were introduced to Formula 1 last year, changing the car designs to provide better racing, Mercedes’ prospects strikingly changed. The team failed to adjust to the new rules as well… Continue reading With a Redesigned Car, Mercedes Hopes It Can Unseat Red Bull as F1 Champion
What’s next for Disney and Ford? Here’s our view on the latest news on both Club stocks
Walt Disney (DIS) and Ford Motor (F) could both be at inflection points. Here’s the latest news on both Club holdings as of Thursday, and our take on where things stand. Disney could sell Hulu The news: In a research note this week, analysts at Citi argued there’s an increased likelihood Disney could sell its… Continue reading What’s next for Disney and Ford? Here’s our view on the latest news on both Club stocks
Tesla’s plan to slash silicon carbide use sends some chipmakers’ shares down
Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleu | Pool | via Reuters Shares in some chipmakers dipped on Thursday after electric vehicle maker Tesla said it plans to greatly reduce the use of silicon carbide transistors in… Continue reading Tesla’s plan to slash silicon carbide use sends some chipmakers’ shares down