China Automotive Systems Introduces New EPS Product to Empower ADAS

WUHAN, China, March 22, 2021 /PRNewswire/ — China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today provided an update on its new Electric Power Steering (EPS) product. This new EPS product is based upon proprietary technologies developed by CAAS’ R&D team. The Company… Continue reading China Automotive Systems Introduces New EPS Product to Empower ADAS

@FCA: Maserati Multi 70 and Giovanni Soldini set the new Monaco to Porto… Giovanni Soldini and Maserati Multi 70’s Team ar…

Maserati Multi 70 and Giovanni Soldini set the new Monaco to Porto Cervo multihull record The Italian Team’s time is 7 hours, 50 minutes and 44 seconds Modena, 21st March 2021 – Giovanni Soldini and Maserati Multi 70’s Team arrived in Porto Cervo at 9:09 38” on March 21st, setting a new Monaco to Porto Cervo multihull record,… Continue reading @FCA: Maserati Multi 70 and Giovanni Soldini set the new Monaco to Porto… Giovanni Soldini and Maserati Multi 70’s Team ar…

Exclusive: Foxconn and Vietnam’s VinFast explore partnership, talks focus on batteries, EV parts

By Reuters Staff 3 Min Read TAIPEI/HANOI (Reuters) – Vietnam’s largest conglomerate Vingroup said on Friday its car unit was in early stage talks with Taiwan’s Foxconn about working together and that any partnership formed would focus on developing batteries and electric car parts. Slideshow ( 2 images ) Foxconn has proposed acquiring EV production… Continue reading Exclusive: Foxconn and Vietnam’s VinFast explore partnership, talks focus on batteries, EV parts

@niche: Internationally Renowned Top Executive Joins Sono Motors as CTO000638

Sono Motors is on a mission to enable a revolutionary mobility system, where every electric vehicle is solar, shared, and independent from fossil-fuels. Today, an experienced specialist team is developing a forward-looking electric car that is suitable for daily use, with integrated solar cells and innovative mobility services, the Sion. Both, the integrated solar technology… Continue reading @niche: Internationally Renowned Top Executive Joins Sono Motors as CTO000638

UAW accuses Ford of ‘greed,’ violating contract with plan to send jobs to Mexico

Ford Motor Co. “has decided it will not honor its promise” to add new product to the Ohio Assembly Plant in Avon Lake and, instead, the autoworker intends to farm out jobs to Mexico, wrote a top UAW leader to union officials in an angry two-page letter dated Friday. “Ford management expects us to hang our heads and accept… Continue reading UAW accuses Ford of ‘greed,’ violating contract with plan to send jobs to Mexico

Foxconn says it might build EVs at empty Wisconsin site, or in Mexico

The chairman of Taiwanese manufacturer Foxconn says the electronics giant is considering making electric vehicles at its mostly empty worksite in Wisconsin, where the company originally planned to make LCD panels. Either that, or Foxconn may make EVs in Mexico. The decision will be made by July 1st, chairman Young Liu said at a press… Continue reading Foxconn says it might build EVs at empty Wisconsin site, or in Mexico

GM builds pickups without fuel economy modules due to chip shortage

General Motors said it will build certain 2021 light-duty full-size pickups without a fuel management module starting Monday until the end of the model year in late summer. The goal is to keep pickups rolling off the assembly line despite a global shortage of semiconductor chips used in the modules. But the result is those affected pickups will not achieve top fuel… Continue reading GM builds pickups without fuel economy modules due to chip shortage

Aston Martin pledges to build electric cars in the UK from 2025

Aston Martin has promised to build all of its upcoming electric vehicles in the UK, rather than have them assembled in Germany by its business partner, Mercedes. Aston Martin’s newly appointed chairman, Lawrence Stroll, told the Financial Times that his company would soon build a battery-powered sports car at its facility in Gaydon and an… Continue reading Aston Martin pledges to build electric cars in the UK from 2025

Auto industry urges emissions deal weaker than Obama’s

Washington – A coalition of automakers has told the Biden administration it would agree to raise mileage standards to reduce tailpipe emissions but with tradeoffs and at rates lower than those brokered by California with five other car manufacturers. If agreed to, the proposal could give President Joe Biden a quick win by securing cuts… Continue reading Auto industry urges emissions deal weaker than Obama’s

@Ferrari: Ferrari share repurchase program000084

Maranello (Italy), March 11, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) communicates its intention to restart its multi-year share repurchase program announced on December 28, 2018 (the “Program”) with a fourth tranche of up to Euro 150 million to start on March 12, 2021 (“Fourth Tranche”) and to end no later than… Continue reading @Ferrari: Ferrari share repurchase program000084