As the world enters 2021 with a cautious optimism, its global markets are still feeling many of the repercussions of the COVID-19 pandemic that have yet to be eradicated. Many people have pivoted toward remote work. This has increased smartphone and laptop demand, leading to shortages of essential components like semiconductors. One industry that is… Continue reading Global semiconductor shortage could stymie EV manufacturers in 2021
Tag: FCA
Volvo Cars to promote Jyoti Malhotra as MD for India operations
During his previous stints, Malhotra has worked with Fiat India, Maruti Suzuki, and most recently with Mahindra & Mahindra (M&M) as vice president sales. New Delhi: Swedish luxury car maker Volvo Cars is to promote Jyoti Malhotra as managing director of its Indian operations from his current role as director, sales, marketing and PR. Malhotra… Continue reading Volvo Cars to promote Jyoti Malhotra as MD for India operations
Gamble talks upcoming election, anti-corruption efforts, says UAW ‘very much alive’
Rory Gamble, who took over a UAW rocked with a corruption scandal and facing an uncertain future just 15 months ago, said this week that not only did he prove his skeptics and doubters wrong, but he’s proud to be turning over a clean union to his successor in 2022. Gamble took over the top spot in November… Continue reading Gamble talks upcoming election, anti-corruption efforts, says UAW ‘very much alive’
GM invests $93M in Romulus Powertrain plant to boost pickup production
General Motors is investing in two components plants to help boost its production of full-size pickups. The automaker said Thursday it will invest $93 million at its Romulus Powertrain plant and $7 million at its Bedford Casting Operations in Bedford, Indiana. The Romulus investment will add machining capability, while the Bedford investment will increase the plant’s die casting… Continue reading GM invests $93M in Romulus Powertrain plant to boost pickup production
Stellantis boss Tavares tours Detroit plants, talks up Chrysler brand
The Chrysler brand got props Wednesday from the new CEO of the merged company that controls its fate. Carlos Tavares, CEO of Stellantis, told reporters that Chrysler is one of three historical pillars that make up the foundation of the company, along with Peugeot and Fiat. Stellantis was formed last month from the merger of Peugeot maker… Continue reading Stellantis boss Tavares tours Detroit plants, talks up Chrysler brand
Fiat Chrysler and Peugeot Approve a Merger They Need to Survive
Shareholders of Fiat Chrysler Automobiles and PSA, the French maker of Peugeot, Citroën and Opel cars, voted on Monday to merge in an effort to acquire the scale necessary to survive in an industry gripped by technological change and pummeled by the pandemic. The new company, to be called Stellantis, will employ 400,000 people and… Continue reading Fiat Chrysler and Peugeot Approve a Merger They Need to Survive
Joining with Toyota and Uber gives Amazon-backed Aurora the tools it needs to take on self-driving leader Waymo
Three recent deals have given Aurora access to ride-hailing and car-building expertise. The latest, a partnership with Toyota, puts Aurora in a better position to compete with Waymo. But Aurora still has to prove it can put robotaxis on the road. Visit the Business section of Insider for more stories. Aurora Innovation has announced three… Continue reading Joining with Toyota and Uber gives Amazon-backed Aurora the tools it needs to take on self-driving leader Waymo
EU should target 1m EV public chargers by 2024, say carmakers, environmentalists and consumer groups
Brussels, 11 February 2021 – Carmakers, environmentalists and consumer groups are calling on the EU to set ambitious targets per country for the deployment of electric vehicle charging points. In a common letter today, the European Automobile Manufacturers’ Association (ACEA), Transport & Environment (T&E) and the European Consumer Organisation (BEUC) asked the EU climate, transport,… Continue reading EU should target 1m EV public chargers by 2024, say carmakers, environmentalists and consumer groups
Fimatix UK Ltd partners with Privacy4Cars to address vehicle privacy compliance burden in Europe
Platform to Track and Manage Deletion of Personal Information in Vehicles Now Available in the UK and EU LONDON, Feb. 11, 2021 /PRNewswire/ — Fimatix UK Ltd, a leading Digital Technology Services Consultancy, announced today a new distribution partnership with Privacy4Cars, the first-of-its-kind platform designed to help erase Personal Information (PI) from modern vehicles. The… Continue reading Fimatix UK Ltd partners with Privacy4Cars to address vehicle privacy compliance burden in Europe
GM’s Mary Barra: Semiconductor chip shortage won’t disrupt truck production
General Motors CEO Mary Barra said Wednesday the industry-wide shortage of semiconductor chips will not affect production of GM’s highly profitable pickups and SUVs this year. It’s a bold statement given that Ford Motor Co. has seen its F-150 production disrupted due to the parts shortage. Barra said while discussing GM’s annual earnings report that the chip shortfall also will not derail… Continue reading GM’s Mary Barra: Semiconductor chip shortage won’t disrupt truck production