automotive news subscription discount - A360

Automotive News

Braking defect prompts Tesla’s big recall in China

Tesla Inc. recalled virtually every car it’s sold in China due to a braking and acceleration defect that may increase crashes and safety risks. The automaker will deploy an over-the-air software fix to more than 1.1 million vehicles produced in Shanghai from January 2019 to April this year, plus some models imported into China, the State Administration for Market Regulation said Friday in a statement. The defect relates to Tesla’s regenerative braking system, which makes use of energy created when drivers take their foot off the accelerator by sending power to the car’s battery. The vehicles haven’t allowed drivers to…

Automotive News

Kia and Hyundai Break-Ins On the Rise in Kent

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…

Automotive News

McLaren reportedly confirms four-door model and next flagship supercar

See Full Image Gallery McLaren’s on-again, off-again four-door model has received the green light for production, according to an unverified report. The company is also allegedly working on a new flagship model that will take the torch from the long-retired P1 and get Formula One-derived technology. Citing anonymous dealer sources, industry trade journal Automotive News wrote that the first four-door McLaren model will make its debut by the end of the 2020s. “[McLaren will] bring in another class of automobile in 2028. Stay tuned. It may have four doors and four seats,” Jamie Corstorphine, the British company’s director of product…

Automotive News

Cupra announced Raval as the name of small electric hatchback

Also on Thursday, the Seat announced record operating profit for the first quarter of 2023, at 144 million euros, compared with five million euros in the first quarter of 2022. Revenue was 3.6 billion euros, 48 ​​percent higher than the first quarter of 2022. Cupra began as a trim line of Seat and became its own sub-brand under former CEO Luca de Meo, now CEO of Renault Group. Cupra is now Seat’s main growth driver, Seat said. Seat said Cupra sold 46,600 units during the first quarter of 2023, 83 percent more than in the same period in 2022. Seat…

Automotive News

New Toyota CEO touts a three-step plan to EV profits and productivity

From now on, Toyota enters the second phase, when it will quickly incorporate learnings and improvements from those EVs into forthcoming model introductions. That stage will last until around 2026, when Toyota will have built up enough capacity to sell some 1.5 million EVs globally. The third phase kicks off in 2026, when Toyota introduces a completely new EV platform along with its Arene software system for cars. That will allow Toyota to leverage a new vehicle software system to unlock new revenue streams, business models and hyper-efficient product development cycles. The new setup being developed will enable Toyota’s future…

Automotive News

Kia plans an EV sales blitz by 2030 with the first dedicated EV factory

Kia’s upbeat outlook comes amid increasing enthusiasm for EVs across the industry as automakers from Japan to Europe and the US raise sales expectations amid stronger customer interest and government regulations and subsidies that promote the technology. The shift to electrification will also help Kia move its upmarket brand image, Song added. “In 2021, Kia went through a full-scale transformation of its corporate name, logo, product and design, as well as corporate strategy. As a result, our brand value has improved significantly,” Song said in a news release. “Kia needs to continue its efforts to strengthen the Kia brand identity.”…

Automotive News

Miss. tires EV manufacturers from bypassing franchised dealers

The law grandfathers in an existing Tesla location, according to the Mississippi Automobile Dealers Association. “It’s rewarding to know that Mississippi lawmakers recognized the importance of a strong dealership network that we have in our state,” said Marty Milstead, the association’s president. “There’s one set of rules for all the manufacturers in Mississippi,” he added. “EV companies don’t get to have their own set of rules.” Startup EV manufacturers such as Rivian and Lucid, which follow Tesla’s model of selling vehicles directly to consumers without a franchised dealership network, have advocated in recent years for exemptions to dealer franchise laws…

Automotive News

Car dealerships slowly examine ChatGPT’s potential

Dealerships may be dabbling in ChatGPT right now, but some of their technology providers believe adoption will happen swiftly. “I think we’re talking a year to a year and a half where [ChatGPT is] doing a huge amount of the car-buying process itself in an automated way,” Horwitz said. IMG05 TruVideo — maker of a messaging, video and AI platform for dealerships — added ChatGPT to its communications software and started a rollout of its updated technology in April, said CEO Joe Shaker. Shaker, who is also owner of Shaker Auto Group in New England, said the technology enables the…