Tag: automotive news europe

Germany’s auto industry must defend itself in moving to EVsGermany’s auto industry must defend itself in moving to EVs

September 8, 2024September 8, 2024| 9:14 am

Germany for decades led on well-engineered combustion cars. It’s now facing a watershed year in the quest to retain an edge in the age of electric vehicles. Europe’s biggest economy is under growing pressure to retool dozens of fossil fuel-era factories employing tens of thousands of workers in a race for clean-technology leadership with the US and China. Volkswagen Group, Mercedes-Benz and BMW are rolling out several new battery-powered models in the coming months that will be pivotal to proving they can finally start to narrow the gap to Tesla and China’s BYD, the two clear leaders in EV sales.… [...]

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Tata to open Jaguar, Land Rover battery plant in UKTata to open Jaguar, Land Rover battery plant in UK

July 20, 2023July 20, 2023| 3:50 pm

LONDON — Tata Group will build an electric vehicle battery plant in the UK, the company and the British government said, in a boost for the car industry in need of domestic battery production to help secure its long-term future. The factory will supply Jaguar Land Rover’s future battery-electric models including the Range Rover, Defender, Discovery and Jaguar brands, with the potential to also supply other car manufacturers, the government said in a statement on Wednesday. Production is due to start in 2026. The factory will have a capacity of 40 gigawatt hours, enough to supply roughly half a million… [...]

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Ford F-150 Lightning Base Price Slides Back Under $50,000Ford F-150 Lightning Base Price Slides Back Under $50,000

July 18, 2023July 18, 2023| 3:33 pm

good morning! It’s Monday, July 17, 2023 and this is The MorningShift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. ‘Ride of Your Life’ Sneak Peak: Music Row Camaro 1st Gear: Lightning (Price) Crashes (A Little) the F-150 Lightning sounded like a promising value when it was first launched in 2021, starting at about $40,000 for the base Pro model. That truck’s price rose to more than $60,000 this year, and potential customers have responded the way you’d expect them to: by striking the… [...]

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

June 15, 2023June 15, 2023| 11:31 pm

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… [...]

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GM battery materials investment in Quebec to top $1 billionGM battery materials investment in Quebec to top $1 billion

June 4, 2023June 4, 2023| 9:55 pm

General Motors and South Korea’s Posco Future M said they will invest more to expand the production capacity at their chemical battery materials facility in Canada, taking their estimated total investment in the plant to over US$1 billion. The companies said on June 2 the new investment in their Ultium CAM plant, expected to start operating in 2025, will be used to set up additional facilities for local on-site processing of critical minerals used in electric vehicle (EV) batteries. The announcement comes less than a week after the two initially said it would be a C$600-million facility in Becancour, Que.… [...]

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Plante Moran study: Auto suppliers in dark on EV plansPlante Moran study: Auto suppliers in dark on EV plans

May 29, 2023May 29, 2023| 8:57 pm

The study captures North American automaker-supplier relations as parts makers navigate financial pressures stemming from inflation, unstable automaker production schedules, the shortage of microchips and rising interest rates. Those pressures, which began in late 2019 with the onset of COVID-19 and the UAW’s strike at GM, have tested relations between suppliers and their customers. Suppliers said there needs to be greater and more timely communication and transparency on short-term supply chain disruptions and on any changes in forecasting, Plante Moran reported. And it was found that many parts companies are frustrated by what they see as a disconnect between what… [...]

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Kia and Hyundai Break-Ins On the Rise in KentKia and Hyundai Break-Ins On the Rise in Kent

May 13, 2023May 13, 2023| 6:45 pm

Social media challenges, which have steadily increased since 2020, range from silly and benign to downright dangerous and harmful. One of the latest harmful challenges to hit social media this summer is the “Kia Challenge”—and it continues to gain momentum across the country. The Kia Challenge is a TikTok trend that encourages social media users to steal Kias manufactured between 2011-2021 and Hyundais made between 2015 and 2021. These models are being targeted because they don’t come with an engine immobilizer, which is a piece of hardware that prevents the engine from starting if the matching chip in the key… [...]

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What Happens if ADAS Calibration Isn’t Done?What Happens if ADAS Calibration Isn’t Done?

May 7, 2023May 7, 2023| 6:02 pm

Automotive design and technology are constantly evolving; each year, vehicles become increasingly advanced and reliable on electronic and computerized features to deliver better safety, performance, and comfort. Windshields are no exception. Although the windshields of newer vehicles may look like they’re just a piece of glass, most of them contain sensors, cameras, and other advanced driver assistance systems (ADAS) equipment that play a large role in how your car functions. Unfortunately, this makes the process of replacing windshields more complex—and costly. Understanding ADAS Calibration ADAS refers to a wide range of automated features that assist or alert drivers while they’re… [...]

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Nikola battles for scarce funding as it launches its first truckNikola battles for scarce funding as it launches its first truck

April 12, 2023April 12, 2023| 9:55 am

Like every other startup, Nikola is in search of funds to continue its mission to deliver zero-pollution cargo-moving trucks. Last week, it floated a $100 million stock offering that underwhelmed Wall Street. The company’s cash is being spent in three major areas: building trucks, creating a network of hydrogen fueling stations and developing software for autonomous driving. Any one of those pursuits would be a huge project for a startup. Perfecting all three seems like a moonshot. But Lohscheller has been able to sign up partners to help defray some of the costs. And thanks to the [...]

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