The state of Michigan hit the new Jeep plant in Detroit with a third air quality violation this week after inspectors observed “moderate to strong” odors coming from the Mack Assembly Plant that affected neighbors. It’s the third violation in as many months from the Michigan Department of Environment, Great Lakes and Energy as the Stellantis… Continue reading New Jeep plant gets third air quality violation for paint stink
Category: US Motoring Press
Ford to require COVID vaccines for ‘most’ U.S. salaried employees
Ford Motor Co. will require most U.S. salaried employees to be fully vaccinated against COVID-19 by Dec. 8 or they could be put on unpaid leave, a move likely to affect return-to-work and vaccination policies at other employers. “The health and safety of our workforce remains our top priority and we have been very encouraged by… Continue reading Ford to require COVID vaccines for ‘most’ U.S. salaried employees
Varroc Lighting Systems appoints Christian Psschel as CEO
Tier 1 lighting and electronic control units supplier Varroc Lighting Systems has appointed Christian Paschel as the new CEO of November 1, will replace Stephan Vedie, who left the company in September. Paschel joins Varroc Lighting Systems from Hella, where he was previously a member of the Executive Board and Head of Sales in the… Continue reading Varroc Lighting Systems appoints Christian Psschel as CEO
Minda Corp acquires Stoneridge Inc’s 49% share in electronics JV
In what is seen as a move to accelerate its engagement in the automotive electronics domain, Minda Corporation has acquired its joint venture partner Stoneridge Inc of the USA’s entire 49% stake in Minda Stoneridge Instruments. It will also expand its technical collaboration with Stoneridge Inc, which is a leading manufacturer of electronics instruments. Commenting on… Continue reading Minda Corp acquires Stoneridge Inc’s 49% share in electronics JV
Autonomous vehicle maker Nuro secures $600M for expansion
Silver Spring, Md. — Electric vehicle maker Nuro said Tuesday it had secured $600 million in funding from Google, Kroger and others to continue the development of its autonomous delivery vehicle service. The Silicon Valley robotics company has already made thousands of grocery deliveries with Kroger as a part of a 2018 partnership. More: Robots hit the… Continue reading Autonomous vehicle maker Nuro secures $600M for expansion
Volvo Cars urges world leaders for more clean energy investment to maximise EV potential
Volvo Cars has urged world leaders and energy providers to significantly boost investments in clean energy, in order for its and other electric cars to deliver on their true potential in terms of climate benefit. The call coincides with a newly published report into the overall lifecycle carbon emissions of Volvo Cars’ latest fully electric… Continue reading Volvo Cars urges world leaders for more clean energy investment to maximise EV potential
Jaguar Land Rover posts Rs 2,735 crore loss after chip shortage
Jaguar Land Rover posted a £302 million (Rs 2,735 crorer) loss from July to September 2021 as the impact of the ongoing semiconductor shortage results in tens of thousands of lost sales. The British firm, which is owned by Tata Motors, sold 92,700 cars in the second financial quarter of 2021, compared with 114,000 in… Continue reading Jaguar Land Rover posts Rs 2,735 crore loss after chip shortage
Tesla Under Scrutiny Over Lack of Recall After Autopilot Update
The top federal auto safety regulator sent two letters to Tesla this week raising questions about the company’s driver-assistance software systems and instructing the carmaker to provide fuller information. The regulator, the National Highway Traffic Safety Administration, is looking into why Tesla did not issue a recall last month when it updated software called Autopilot… Continue reading Tesla Under Scrutiny Over Lack of Recall After Autopilot Update
EValuating Tata Motors’ electric bet
The billion-dollar fund infusion by TPG Rise Climate provided a big boost to the Tata Motors valuations and the stock. Not only did you see the stock locked in circuit but it also hit fresh 52-week highs and found a renewed buzz in the bourses. But the question is can you consider it as a… Continue reading EValuating Tata Motors’ electric bet
Tata Motors losses expand on supply side concerns
Tata Motors losses have widened for the third consecutive quarter and the automotive bellwether has posted a consolidated loss of Rs 4,442 crore for in Q2FY2022 compared to a loss of Rs 314 crore in Q2FY2021. The net revenue however came in higher at Rs 61,379 crore, up 14.7 percent from Q2FY2021 revenue of Rs 53,530 crore.… Continue reading Tata Motors losses expand on supply side concerns