latest news on automobile industry

The automaker group calls the EPA proposal a ‘de facto’ EV mandateThe automaker group calls the EPA proposal a ‘de facto’ EV mandate

July 5, 2023| 4:37 am

If finalized, the proposed standards could mean EVs would make up more than half of new-vehicle sales by the 2030 model year and two-thirds by 2032. It would mark a massive leap from the current market, with EVs accounting for 7 percent of US light-vehicle registrations in the first quarter of this year, according to Automotive News data. The EPA in a statement to Automotive News said it “plans to post a response to comments in the docket for all comments, consistent with … requirements under the Administrative Procedure Act and the Clean Air Act.” The public comment period for… [...]

Canadian partners buy VW car dealership in the USCanadian partners buy VW car dealership in the US

June 3, 2023| 9:50 pm

Hewitt — an experienced used-car manager — is focusing on the store’s sales department, while Alalouf oversees fixed operations, accounting and finance. The partners each have three decades of automotive managerial experience. They met 25 years ago at what was then the Cowell Auto Group near Vancouver, British Columbia, then later worked for Canada’s Foundation Automotive Corp. in the US After they decided last year to launch their own business, Alalouf and Hewitt sold their Vancouver homes to raise cash. They said they chose a US location because Canadian dealerships were either too expensive or too remote. If all goes… [...]

Elon Musk has found a new Twitter CEOElon Musk has found a new Twitter CEO

May 17, 2023| 5:41 pm

Elon Musk said on Thursday he has found a new chief executive for Twitter without naming the person and that he will transition to the role of chief technology officer of the social media platform within the next few weeks. “Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks!,” Musk said in a tweet. The Wall StreetJournal first reported that Comcast NBCUniversal executive Linda Yaccarino was in talks for the job. Word came Thursday that Yaccarino will leave NBC following the reports. Musk has previously not named any prospective candidates, and… [...]

Leasing a Nissan Leaf just got cheaperLeasing a Nissan Leaf just got cheaper

April 30, 2023| 3:08 pm

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 on the Smyrna site. But now, to qualify for the full $7,500 federal tax credit, at least 40 percent of the value of the EV battery’s critical minerals must be extracted or processed in the US or in a country where the US has a free-trade agreement, or from materials recycled in North America. In addition, at least half of… [...]

Self-driving requires trust that you’ll arrive safe and soundSelf-driving requires trust that you’ll arrive safe and sound

April 15, 2023| 11:39 am

SAN FRANCISCO — My first trip in a driverless vehicle went smoothly — until the car was pulled over and the ride ended. I arranged to ride in one of the autonomous, electric Chevrolet Bolts deployed by General Motors-backed Cruise to try out self-driving technology for myself while I was here last month for a GMC Hummer EV SUV media drive. As the new GM reporter for Automotive NewsI have heard executives talk about Cruise’s plans to expand this year and beyond, and it’s important that I become familiar with the company if I’m going to track Cruise’s progress toward… [...]

Why You Shouldn’t Wait to Fix a Damaged WindshieldWhy You Shouldn’t Wait to Fix a Damaged Windshield

April 7, 2023| 3:39 pm

We’ve all seen other drivers going down the road with a cracked or otherwise damaged windshield. Perhaps you’ve even done it yourself. As long as you can see, why should you worry about fixing something right away? Unfortunately, procrastination can be one of your worst enemies when it comes to repairing your windshield. The following are several reasons you shouldn’t wait to get your windshield repaired. Poor Visibility Car manufacturers spend a lot of time designing their cars with safety in mind. This extends to the design of the windshield as well. While a small chip [...]

Software-Defined Vehicles Will Transform Auto IndustrySoftware-Defined Vehicles Will Transform Auto Industry

April 4, 2023| 7:02 am

Q: What will be the biggest difference between a software-defined vehicle in 2023 and a software-defined vehicle in 2030? Milavec: In today’s vehicles, a driver’s experience is still primarily defined by hardware, but this is quickly shifting to software. With OTA updates, an SDV can stay in contact with its environment, the vehicle owner and the manufacturer to drive continuous innovation over the vehicle’s lifetime. This means that introducing new content and features doesn’t have to stop at the end of the production line – they can be introduced to vehicles already on the road, helping automakers strengthen [...]

Auto manufacturers are not trying to squeeze retailers out of businessAuto manufacturers are not trying to squeeze retailers out of business

April 2, 2023| 6:30 am

I’ve covered the auto industry for a long time, but mostly from the factory, automaker, supplier or Wall Street perspective. Before I got to Automotive News, I probably wrote more about the consumer experience than the dealer experience. That all made sense when I was writing for general interest newspapers or a financial wire service. But I’ve always admired the entrepreneurial spirit of auto dealers, and I’m glad to have more exposure to them since I joined Automotive News almost four and a half years ago. I remember David Hult, CEO of Asbury Automotive, before the pandemic talked [...]

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