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Auto News
Ghosn says Nissan needs to step up EV plan to stay competitive
TOKYO - Former Nissan chairman Carlos Ghosn, the former electric vehicle pioneer who jumped into the tech with overly optimistic expectations a decade ago, has said the time has finally come to jump into electric vehicles, when he calls…
Ford delays Explorer and Aviator EVs to boost Mustang Mach-E production
DETROIT - Ford Motor Co. is delaying the start of production of the battery-electric versions of the Explorer and Lincoln Aviator crossovers by about 18 months and no longer plans to build them in Cuautitlan, Mexico, paving the way for a…
Stand-alone technology firm Robotic Research secures initial outside funding of $ 228 million;…
When discussing with potential customers, “the question is, 'How quickly can we get the vehicles to operate autonomously,'” Araujo said. "We're looking to close deals for active systems to work in business operations with companies that…
Asbury Automotive acquires the Colo dealer group. Stevinson Automotive
Asbury Automotive Group Inc. added eight dealerships in the Denver area and $ 715 million in annual revenue by completing the purchase of Stevinson Automotive. The nation's sixth-largest new vehicle retailer said it spent around $ 300…
Competitors in autonomous trucking | Automotive News
Before the challenges of DARPA boosted the entire autonomous vehicle industry, Robotic Research was developing AVs for the US military. Founded in 2002, it has collected "a gigantic amount of peripheral cases and seen a lot of different…
Rapids Honda Increases Profits By Bringing In-House Accessory Facilities
And revenue is driven by a process where the sales team, led by General Sales Manager Katie Young, delivers 100% of the products that the dealership sells to 100% of the customers 100% of the time, he said. he noted. It took five months to…
Ford’s gains contrast with declines for most other automakers
DETROIT - Ford Motor Co. said it was the best-selling automaker in the United States for a third consecutive month, posting a 5.8% increase in light vehicle sales in November, contrasting with declines by almost all other companies that…
Why Amazon’s new tool could help automakers prevent recalls and improve safety
Amazon Web Services has launched a new cloud-based data service that it says could help automakers remotely diagnose problems with their vehicles to avoid recalls and improve safety, as well as manage the associated data. Called AWS IoT…
Stellantis signs agreement with Vulcan for CO2-free lithium supply in Europe
BERLIN - Stellantis has signed a preliminary agreement with lithium developer Vulcan Energy Resources for the supply of climate-friendly lithium from Germany, the automaker said on Monday. Stellantis is the latest automaker to sign a deal…
Tesla To Pass On $ 1.3 Billion In German Aid Due To Texas Battery Bet, Report Says
Tesla to forgo € 1.14 billion ($ 1.3 billion) in state aid for the plant it is building in Germany, as it decided to try to produce a new type first large-scale battery cell in Texas, a person familiar with the matter said. The electric…