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Tag: Ford
Lithium producers must wait as pandemic slows electric vehicle revolution
JOHANNESBURG/HOUSTON (Reuters) – The coronavirus pandemic has paused the electric vehicle revolution, forcing producers of battery metal lithium into survival mode with output cuts, expansion delays and sales of major assets. FILE PHOTO: A parking sign for electric vehicles is pictured, where U.S. electric vehicle pioneer Tesla announced to build its first European factory and… Continue reading Lithium producers must wait as pandemic slows electric vehicle revolution
Debt and coronavirus push Hertz into bankruptcy protection
Tom Krisher, AP Auto Writer Published 11:41 p.m. ET May 22, 2020 Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental company’s business. The Estero, Florida-based company’s lenders were unwilling to grant it another extension on its auto… Continue reading Debt and coronavirus push Hertz into bankruptcy protection
Car dealerships are taking Tesla’s lead by embracing online sales in the wake of COVID-19. Now industry insiders say salespeople will have less power over customers because of it. (CVNA, KMX)
Online car sales and home deliveries have become more popular in the wake of the novel coronavirus. That trend will continue well into the future, auto industry executives told Business Insider. “Customers will welcome the power shifting back in their direction, and they deserve that,” said Laura Schwab, president of Aston Martin in the Americas.… Continue reading Car dealerships are taking Tesla’s lead by embracing online sales in the wake of COVID-19. Now industry insiders say salespeople will have less power over customers because of it. (CVNA, KMX)
Car rental firm Hertz files for bankruptcy protection in US
The 102-year-old car rental firm Hertz has filed for bankruptcy protection after its business all but vanished during the coronavirus pandemic. Hertz said in a US court filing on Friday that it had voluntarily filed for Chapter 11 reorganisation. Its international operating regions including Europe, Australia and New Zealand were not included in the US… Continue reading Car rental firm Hertz files for bankruptcy protection in US
Scale AI releases free lidar data set to power self-driving car development
High-quality data is the fuel that powers AI algorithms. Without a continual flow of labeled data, bottlenecks can occur and the algorithm will slowly get worse and add risk to the system. It’s why labeled data is so critical for companies like Zoox, Cruise and Waymo, which use it to train machine learning models to… Continue reading Scale AI releases free lidar data set to power self-driving car development
Ford Throws Lifeline to Auto-Parts Suppliers Facing Cash Crunch
Ford Motor Co. is helping some of its suppliers survive a cash crunch by paying its bills early to ensure that critically needed parts keep flowing to its auto factories.
GM gradually restarts in Mexico as Lear Corp readies for return
MEXICO CITY (Reuters) – General Motors Co (GM.N) said on Thursday it was gradually restarting the transmission and motor lines at its Mexican facilities in Silao and Ramos Arizpe, while U.S. auto parts maker Lear Corp (LEA.N) also geared up for production. FILE PHOTO: The GM logo is seen at the General Motors Assembly Plant… Continue reading GM gradually restarts in Mexico as Lear Corp readies for return
@Ford: Innovating in Place: How One Argo Engineer Transformed His Backyard Into a Doppler Radar Testing…
Innovating in Place: How One Argo Engineer Transformed His Backyard Into a Doppler Radar Testing Lab If you tried to imagine a person who would be ideally suited for life in quarantine, Jonathan Berry might be that guy. “I understand the feel of going feral,” laughs Jonathan, a senior hardware engineer working out of Argo AI’s… Continue reading @Ford: Innovating in Place: How One Argo Engineer Transformed His Backyard Into a Doppler Radar Testing…
CORRECTED-At Fiat Chrysler’s Brazil plant, production resumes with safety checks
BETIM, Brazil (Reuters) – Before going to work these days, employees at the Brazilian unit of Fiat Chrysler Automobiles (FCHA.MI) have to get a health check using a mobile app every morning. Fiat Chrysler Automobiles assembly workers build a 2020 Argo, amid the spread of the coronavirus disease (COVID-19), at the Assembly Plant in Betim… Continue reading CORRECTED-At Fiat Chrysler’s Brazil plant, production resumes with safety checks