BMW’s South Carolina plant to build EVs alongside X models
As Engelhorn gears up U.S. operations for EV production, he will lean into his manufacturing experience in Germany and China. Before his U.S. tour of duty, Engelhorn prepped Plant Munich...
Tesla won’t be approved for full self driving this year
Tesla Inc's advanced driver assistant software will not gain regulatory approval in 2022, Chief Executive Elon Musk said, signaling that the company is not yet able to satisfy authorities that...
Toyota to cut full-year production target on chip shortage
TOKYO -- Toyota is finally cutting its fiscal-year production forecast, after clinging to it for months, conceding it must trim its plan for November due to the semiconductor crunch. In...
Toyota to cut full-year production target on chips crunch
TOKYO -- Toyota is finally cutting its fiscal-year production forecast, after clinging to it for months, conceding it must trim its plan for November due to the semiconductor crunch. In...
Baxter Auto sells 4 Stellantis dealerships in unique deal
Baxter Auto Group of Omaha, Neb., spearheaded a multistore deal that ultimately moved its four Stellantis outlets to new ownership with three dealership groups. In the first transaction, on Monday,...
NHTSA: 10 fatal crashes involving Level 2 tech in June-September
It is important to note that Tesla may be overrepresented in the data because its vehicles remotely transmit data, while other manufacturers may find out about a crash involving driver-assist...
2024 GMC Sierra EV hauls 9,500 pounds, with 6-figure price tag
As with competitive electric trucks, the Sierra EV Denali pickup sports a front-opening "frunk" for storage, but this one is power-operated and features two drains for wet items, such as...
Musk: Teslas won’t be approved as fully self driving this year
Tesla Inc's advanced driver assistant software will not gain regulatory approval in 2022, Chief Executive Elon Musk said, signaling that the company is not yet able to satisfy authorities that...
Brembo’s venture capital arm will invest in tech startups
MILAN -- Premium brakes maker Brembo has set up an internal venture capital unit, called Brembo Ventures, to accelerate the development of technologic solutions to be applied to the automotive...
Wieden+Kennedy takes global Ford business from BBDO
WPP, which lost the global creative account in 2018, continues to handle media planning and buying, in addition to multicultural marketing via its agencies Zubi and UniWorld. WPP also has the...