The Renault Group’s 2021 financial results have been ahead of target and the group is upbeat about the 2022 outlook. In an environment still impacted by the semiconductor crisis, particularly in the first half of 2022 and by the increase of raw materials prices, the Group is aiming to achieve operating margin of 4 percent… Continue reading Renault Group aims to be 100 percent EV brand in Europe by 2030
Category: US Motoring Press
Ford memo outlines plan to put unvaccinated salaried workers on unpaid leave
Ford Motor Co. is planning to place unvaccinated salaried employees in the U.S. on unpaid leaves of absence if they do not have approved exemptions, according to an internal document obtained by the Free Press. The action, which could affect several hundred employees, is “due to continued non-compliance with the company’s vaccination requirements,” the document says. Go… Continue reading Ford memo outlines plan to put unvaccinated salaried workers on unpaid leave
Tesla Reports Record Profit but Warns of Supply Problems
Tesla said Wednesday that its profit leapt more than sixfold last year to $5.5 billion, the highest total in its 19-year history, as sales soared further, especially in Europe and China. But the automaker warned that supply chain troubles stemming from the pandemic would again constrain production through this year. “Our own factories have been… Continue reading Tesla Reports Record Profit but Warns of Supply Problems
Cruise, GM seek NHTSA approval for commercial use of self-driving shuttle
General Motors Co. and Cruise LLC, the autonomous vehicle company it has a majority stake in, have filed an application with the National Highway Traffic Safety Administration to build and commercially deploy a self-driving shuttle. Rob Grant, Cruise’s senior vice president of government affairs and social impact, called the move “a big step toward our vision… Continue reading Cruise, GM seek NHTSA approval for commercial use of self-driving shuttle
Ford: ‘We have no plans’ for EV or ICE spinoff, but other options exist
Ford Motor Co. on Friday denied the possibility that it would spin off its electric-vehicle or traditional engine-based business in an effort to earn the investor enthusiasm that pure-play competitors have received. “We are focused on our Ford+ plan to transform the company and thrive in this new era of electric and connected vehicles,” spokesman Mark Truby said… Continue reading Ford: ‘We have no plans’ for EV or ICE spinoff, but other options exist
Ex-Mahindra design head Ramkripa Ananthan creates micro EV concept vehicle
Ramkripa Ananthan, ex-Mahindra Design Head and Director, KRUX Studio: “Today’s customers seek sustainable options and manufacturers want to be environmentally and socially responsible. Our concept addresses that.” As the former Head of Design at Mahindra & Mahindra, Ramkripa Ananthan is known to have led the team that designed the Mahindra XUV500, XUV300 and the Marazzo.… Continue reading Ex-Mahindra design head Ramkripa Ananthan creates micro EV concept vehicle
Starting at $185K, Aston Martin’s DBX performance SUV is a license to thrill
When money ceases to matter, scarcity still counts. That, as much as beauty, speed and an association with literary superspy James Bond, is the key to Aston Martin’s enduring appeal for the very rich. The DBX performance SUV translates that from the niche-selling two-seat sports cars that have been the brand’s mainstay for 109 years… Continue reading Starting at $185K, Aston Martin’s DBX performance SUV is a license to thrill
Patrick Gelsinger is Intel’s True Believer
A few days later, he got a surprise call from Mr. Grove. The Hungarian-born executive, then Intel’s president who later wrote the management book “Only the Paranoid Survive,” had built a culture where lower-level employees were encouraged to challenge superiors if they could back up their positions. Mr. Grove began mentoring Mr. Gelsinger, a relationship… Continue reading Patrick Gelsinger is Intel’s True Believer
Nissan to build 2 new electric vehicles in Mississippi by 2025
Nissan Motor Co. will build two battery-electric vehicles for the U.S. market at a plant in Mississippi, marking the Japanese automaker’s deepest North America move to date in to a growing field of consumer EVs. The plug-in battery-powered models — one under the Nissan nameplate and one for Infiniti — will start production in 2025,… Continue reading Nissan to build 2 new electric vehicles in Mississippi by 2025
New headlight technology that improves safety, cuts down glare OK’d by NHTSA: How it works
Imagine having headlights that don’t blind oncoming drivers but that do a better job of showing what’s up ahead, hopefully cutting down on crashes and saving the lives of people both in and out of vehicles. That’s what a vehicle safety rule given the green light by federal regulators aims to do, and one that… Continue reading New headlight technology that improves safety, cuts down glare OK’d by NHTSA: How it works