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Automotive News

Canada’s Linamar will ‘immediately’ break ground on new plant

Canadian auto supplier Linamar Corp. plans to break ground “immediately” on a new plant in Welland, Ont., that will house three giga-casting presses capable of producing very large aluminum structural parts for electric vehicles. The Guelph, Ont.-based parts supplier announced… Continue Reading…

Automotive News

BMW Q1 earnings: Higher margins for the car business

BERLIN — BMW AG reported a higher earnings margin for its cars segment, with a rise to 12.1 percent in the first quarter from 8.9 percent a year earlier. BMW benefited from continued stable pricing for both new and used… Continue Reading…

Automotive News

Leasing a Nissan Leaf just got cheaper

Nissan was an early proponent of local sourcing for the Leaf, when it constructed a dedicated battery plant next to its Smyrna vehicle assembly that produced its own battery cells. Japanese supplier Envision AESC now operates that battery production center… Continue Reading…

Automotive News

Ford Oakville plant’s switch to EVs will start in 2024

Ford Motor Co. on Tuesday said the previously announced $1.3 billion transformation of its Oakville Assembly Plant for electric vehicle manufacturing will begin in the second quarter of next year and take about six months to complete. During that time… Continue Reading…

Automotive News

VW halts sale of some ID4 EVs over door risk

Volkswagen Group has ordered dealers in the US and Canada to stop selling it ID4 electric compact crossover because its doors might open while in motion, and the German carmaker doesn’t yet have a fix for the problem. Nearly 18,000… Continue Reading…

Automotive News

Smart’s European dealers pleased with direct-sales plan

BRESCIA, Italy – Smart dealers say they are happy with the brand’s change to a direct-sales agency model, which the joint Mercedes-Geely brand initiated last year by negotiating new contracts ahead of the launch of the #1 full-electric small SUV.… Continue Reading…

Automotive News

Car cybersecurity firm expects consumers to emerge as hackers

Add vehicle owners to the growing list of potential cyber security threats against automakers in 2023. Early adopters of new digitized offerings from automakers will find ways to bypass premium features by manipulating their vehicles’ systems fraudulently, according to executives… Continue Reading…

Automotive News

Tesla Cybertruck production finally starts in Texas

Tesla initially said it would sell the Cybertruck in three configurations: A single-motor version with more than 250 miles of range, starting at $39,900 (all figures in USD). A dual-motor model with more than 300 miles of range, starting at… Continue Reading…

Automotive News

Ford seeks a ‘blueprint’ contract with Unifor amid transition to electric vehicles

“It’s been a tough environment in recent years between COVID, between the economic pressures with inflation, with housing prices, and that’s something the entire industry is having to reconcile.” A counterbalance to high levels of inflation is “something that’s going… Continue Reading…

Automotive News

Ferrari adds powerful SF90 Stradale derivatives

The most recent addition to the XX program was the FXX-K EVO coupe unveiled in 2017 and produced in several dozen units. Ferrari’s marketing boss, Enrico Galliera, said the SF90XX Stradale coupe and SF90XX Spider are “true high performance racing… Continue Reading…