Automotive News

Transparency, simplicity key to supply chain, auto execs say

June 16, 2023

Young was joined by Jonathan Jennings, vice president of supply chain for Ford Motor Co.; Jeff Morrison, vice president of global purchasing and supply chain for General Motors; Ray Scott, president and CEO of Lear Corp.; and David Dauch, chairman and CEO of American Axle & Manufacturing. The roundtable was part of the Automotive Golf Classic, an annual event hosted by Automotive News, benefitting the Boys & Girls Clubs of Southeastern Michigan. The panel discussion, which took place at Indianwood Golf & Country Club in Orion Township, was moderated by Philip Nussel, online editor at Automotive News. The auto executives…

Automotive Accessories

Global Demand for Automotive Parts Aftermarket Will Surge

June 16, 2023

New York, March 01, 2023 (GLOBE NEWSWIRE) — The automotive parts aftermarket is expected to generate $548 billion in revenue by 2022, according to Persistent Market Research. With the top 5 market players controlling a sizable portion of the aftermarket automotive parts in 2023, the demand for automotive parts will increase. The entire Automotive Parts Aftermarket is anticipated to increase at a CAGR of 5.5% from 2023 to 2033, reaching US$ 984 Billion. The automotive parts aftermarket is a complex and dynamic industry that serves the needs of vehicle owners and repair shops worldwide. Aftermarket parts are replacement parts that…

Automotive Accessories

Criteria for Selecting the Best NEMT Vehicles

June 16, 2023

Everyone is familiar with standard emergency vehicles like an ambulance, but now there is another segment in the emergency vehicle realm that isn’t quite so urgent—non-emergency medical transportation (NEMT). But what is long-distance emergency medical transportation? Sometimes a patient’s current medical facility doesn’t have the personnel or resources to treat them, or they wish to be closer to home, so they transfer to a different hospital. However, getting about while hospitalized is challenging. Thanks to long-distance medical transportation, folks can travel long distances to get the treatment they need. Learning the criteria for selecting the best NEMT vehicles helps you…

Used Cars

As the West surges toward electric cars, here’s where the unwanted gas guzzlers go

June 16, 2023

Cotonou, Benin CNN — Standing on the stony ground in the bustling Fifa Park car lot, Rokeeb Yaya is haggling over the price of a dark red car. It is one of a couple hundred vehicles, parked in long lines stretching out across the vast lot – some shiny and new-looking, others dented and dusty. The car Yaya has his eye on, a 2008 US-built Ford Escape, is on sale for around $4,000. It’s relatively affordable – US cars are cheaper than most other brands in the lot – and he wants to upgrade from his motorbike to a car.…

Automotive News

Autoliv sees pricing helping it hit or beat a mid-term growth goal

June 15, 2023

STOCKHOLM — Autoliv expects to meet or exceed its medium-term business growth target while reiterating all of its financial goals for this year, a week after announcing around 8,000 job cuts to save costs. The world’s largest maker of airbags and seatbelts said that due to price increases to offset high-cost inflation, its business expansion was on track to significantly exceed growth in light vehicle production by four percentage points per year. In a statement ahead of its US investor day, Autoliv said when adjusting for those price increases, it would meet or exceed the growth target set for 2022…

Automotive News

NHTSA’s Sluggishness Issuing Recalls Is Getting On Some Nerves

June 15, 2023

A photo of an airbag seen after deployment, inside a car interior. It’s Friday, June 2, 2023 and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: NHTSA Not So Fast With automotive recalls being as frequent and pressing as they are these days, it’s imperative that the National Highway Traffic Safety Administration move through its investigations as efficiently as possible. That’s exactly what’s not happening, judging by NHTSA’s eight-year-long probe into ARC Automotive’s potentially dangerous airbag inflators…

Automotive News

Tesla EV charging agreements with Ford, GM muddle standard

June 14, 2023

Two pathways are emerging as electric vehicle charging infrastructure expands across the US Automaker partnerships will determine whether those technologies will coexist or whether one will push the other out, like VHS and Betamax. Four months ago, the US was heading toward a standard way of charging EV with chargers other than those built by Tesla using a common connector to become eligible for federal funding. Tesla’s charging agreement with Ford Motor Co. and General Motors threw that push to standardization into question and could further fragment the country’s charging infrastructure, at least for now, analysts say. GM and Ford…

Automotive News

Toyota future EV plans include batteries with 900-mile range

June 13, 2023

As it prepares for its new products, factory engineers will also introduce a slew of manufacturing techniques for the 2026 EVs. Their goal is to halve the number of production processes, halve the amount of plant investment and halve the amount of production lead needed to set up for new nameplates. The new techniques will include the use of giga casting, which eliminates the countless parts and brackets by essentially casting the vehicle’s front and back as two giant modules. The under-rear section of the current Toyota bZ4X, for example, is an amalgam complex of 86 parts manufactured through 33…

Automotive Deals

Is The Kia K5 Being Discontinued?

June 13, 2023

American automakers aren’t the only ones looking to drop sedans in favor of SUVs. While Ford and Chevrolet were two of the first to move away from the sedan body style, it looks like other automakers may follow suit. Kia officially announced plans to discontinue the Stinger after the 2023 model year and a new report indicates that the K5 could share the same fate. Last May, Automotive News it was reported that Hyundai Motor Group, which includes Hyundai and Kia, was looking to trim down its lineup of sedans. The outlet claimed that Kia would drop the Stinger, which…

Automotive repair

Aston Martin Bulldog exceeds 200 mph 44 years after debut

June 13, 2023

The first and only Aston Martin Bulldog has finally reached the 200 miles per hour milestone it was built to achieve. It took decades. Classic Motor Cars, a United Kingdom-based vintage car repair shop, recently announced the Bulldog reached a top speed of 205.4 mph at a former NATO base in Scotland. Darren Turner, three-time Le Mans class winner and test driver for Aston Martin, piloted the Bulldog. “The Bulldog’s 200 mph goal has been over 40 years in the making, being part of that legacy is a fantastic feeling,” said Turner whose previous attempts at reaching 200 mph in…

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