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VW Group of America Chief Executive Scott Keogh is optimistic the industry can maintain those profits without returning to past bad practices.
VW Americas CEO Sees Chip Shortage Lasting Into 2022, But Industry Protecting Margins
Calender
Dec 12, 2021 10:11 PM
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VW Group of America Chief Executive Scott Keogh is optimistic the industry can maintain those profits without returning to past bad practices.
SAIC Mobility And Momenta To Start Public Trials Of Robotaxi Service In Shanghai
SAIC Mobility And Momenta To Start Public Trials Of Robotaxi Service In Shanghai
calender
Dec 12, 2021 09:53 PM
The two firms are testing 20 robotaxi vehicles in Shanghai's Jiading district to further gauge their viability for commercial use in a trial that will expand to a second Chinese city next year.
Volkswagen Expects Chip Supply To Be Challenging At Least Until End-H1
Volkswagen Expects Chip Supply To Be Challenging At Least Until End-H1
calender
Dec 12, 2021 09:50 PM
Volkswagen said tight chip supply would continue to pose challenges to Europe's largest carmaker during at least the first half of 2022.
General Motors Returns To Rare Earth Magnets With Two U.S. Deals
General Motors Returns To Rare Earth Magnets With Two U.S. Deals
calender
Dec 12, 2021 09:40 PM
The agreements with MP Materials Inc and privately-held Vacuumschmelze are the latest push by GM to domestically source EV materials for its Ultium platform, a goal it hopes to achieve by 2025.
Minda Industries Partners With FRIWO AG To Manufacture EV Components
Minda Industries Partners With FRIWO AG To Manufacture EV Components
calender
Dec 12, 2021 05:30 PM
Minda Industries and FRIWO AG have entered into a joint venture agreement to manufacture and supply various electric vehicle components in the Indian subcontinent. The JV plans to incur a capex of around Rs. 390 crore over the next 6 years.
Ford Partners With Salesforce To Expand Software Business
Ford Partners With Salesforce To Expand Software Business
calender
Dec 11, 2021 10:10 PM
The software service, called VIIZR, will be offered starting next year by the automaker's Ford Pro commercial vehicle and services unit.
Maruti Suzuki Sees Delivery Backlog Of 2.5 Lakh Cars; Up To 18 Weeks Waiting Period On CNG Models
Maruti Suzuki Sees Delivery Backlog Of 2.5 Lakh Cars; Up To 18 Weeks Waiting Period On CNG Models
calender
Dec 11, 2021 05:54 PM
The current global shortage of electronic components has taken a hit on production, leading to delivery backlogs. Effectively, the waiting period on Maruti Suzuki cars has also gone up. For petrol cars it's up to 12 weeks and around 18 weeks for CNG models.
Canada Threatens Trade Action Over Biden Electric Car Plan
Canada Threatens Trade Action Over Biden Electric Car Plan
calender
Dec 11, 2021 03:35 PM
In a letter to US senators, Deputy Prime Minister Chrystia Freeland said Ottawa is "deeply concerned" by an electric vehicle tax credit proposed in the Build Back Better Act that it says violates the United States-Mexico-Canada Agreement.
Hackers Steal Research Data From Sweden's Volvo Cars
Hackers Steal Research Data From Sweden's Volvo Cars
calender
Dec 11, 2021 03:29 PM
The company, owned by China's Geely, has become aware that one of its file repositories has been illegally accessed by a third party.