Automotive Industry News
A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Electric-Vehicle Sales Growth Outpaces Broader Auto Industry
The auto industry's push into electric vehicles has gained traction this year with sales of these models growing at a faster clip than the broader U.S. car business. While still a sliver of the overall market, sales of plug-in vehicles more than…
Fact check: Biden makes false claims about Covid-19, auto prices and other subjects at CNN town hall
Washington(CNN) President Joe Biden participated Wednesday in the second CNN town hall of his presidency, taking questions from anchor Don Lemon and local residents in Cincinnati. As he did at his February town hall, Biden made a number of false or…
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REE Automotive plans 2023 production of delivery van, people mover
LONDON, July 22 (Reuters) - REE Automotive, which received shareholder approval for a reverse merger with special acquisition company 10X Capital Venture Acquisition Corp (VCVC.O) on Thursday, plans to launch production of an electric delivery van…
Automotive Goes Through Do-Over
by Laurie Sullivan, Staff Writer @lauriesullivan, 21 minutes ago Automotive became one of the hardest-hit sectors in 2020 due to the COVID-19 pandemic — especially in the U.S., where auto sales sank by 15% to 14.4 million units last year.
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Car chip shortage to abate, smartphones could be next: industry execs
July 23 (Reuters) - The semiconductor shortage that has gripped the world could last well into 2022 and hit smartphone production next, foreshadowing deficient supply for a range of appliances and industrial equipment, industry executives and an…
Pay attention to the great American battery arms race, Biden's fight with China at the next auto frontier
Electric vehicles are a priority for the world's economic powerhouses to help meet their climate goals. President Biden plans to spend $174 billion to force the country away from combustion engines. It's a major play against China, which dominates…
New paints and steels squeeze CO2 out of auto production
TOKYO -- Automotive suppliers Asahi Kasei and JFE Steel have jumped onto the decarbonization bandwagon by developing processes that save energy and reduce the industry's carbon footprint. Asahi Kasei, a chemical producer, is creating coating…
Alphabet's Intrinsic aims to unlock industrial robotics' economic potential
All the sessions from Transform 2021 are available on-demand now. Watch now. Google's parent Alphabet has spun out a new industrial robotics company called Intrinsic. Led by Wendy Tan-White, a veteran entrepreneur and investor who has served as VP…
Gas Engines, and the People Behind Them, Are Cast Aside for Electric Vehicles
Steven Penkevich spent 36 years at Ford Motor Co. as part of an army of Detroit engineers who perfected the internal combustion engine, a technology dating back to the dawn of the automobile era. He developed gasoline engines for family sedans as…
TSMC reportedly signs multiple auto chip deals amid capacity expansion (NYSE:TSM)
Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) is reportedly ramping up capacity and prioritizing automotive chips after signing multiple contracts through 2022. DigiTimes sources say TSMC is actively working with the auto supply chain to help…
Auto supplier ZF wins $6 billion contract, hiring for 250 in Marysville
German auto supplier ZF Friedrichshafen AG is hiring for 250 jobs at its plant in Marysville after landing a nearly $6 billion contract to make axles for an automaker. The supplier, which has its North American headquarters in Livonia, will produce…
Google expands Android Auto's beta testing program
Google has long run an Android Auto beta program, but joining it was almost impossible before today. Those who tried to take part often got an error message that said the program was maxed out. Thankfully, that's no longer the case. Google is…
The scorching hot used car market may finally be cooling off
(CNN) For months, used car prices have been soaring at an unprecedented rate. That has led to some strange situations, like people selling used pickup trucks for more than they bought them for a year ago and even cars with more than 100,000 miles…
Driving GMC's 2022 Sierra with auto lane-change Super Cruise feels like the future
Cadillac may have launched Super Cruise, but it'll be GMC which launches the hands-free driver assistance tech into the heart of the mass market when it arrives on the new 2022 Sierra pickup. Not only will it feature the same on-demand lane change…
Google opens Android Auto beta testing to all
Android users who have wanted to participate in beta testing have the opportunity to beta test Android Auto. Google has announced that anyone with an Android phone can now register to be a beta tester for Android Auto. The program will give users…
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