top auto news

Aurora Innovation seeks $800 million from stock salesAurora Innovation seeks $800 million from stock sales

July 22, 2023| 4:23 pm

Aurora said it expects to complete a prototype of the lidar-on-chips by the end of the year. They are expected to be part of a next-generation sensor suite installed in the company’s trucks starting in 2027, the same year Aurora intends to begin mass production of its self-driving systems in a partnership with global supplier Continental. By integrating the optical components onto a chip, Aurora expects to improve the reliability and performance of the sensors while reducing their cost. That is especially important because Aurora’s lidar has always been more expensive than the rest of the industry, although it [...]

Investing in a New Windshield Offers Clear VisibilityInvesting in a New Windshield Offers Clear Visibility

June 30, 2023| 7:24 pm

Making sure that you can see clearly when behind the wheels of a vehicle is essential to keep yourself and your passengers safe. A new windshield installation can be a practical way to ensure the best visibility and to reduce the risk of accidents for yourself, your family, and friends when driving in Tampa, FL. Why Clear Visibility Matters Poor visibility is responsible for thousands of automobile accidents each year. While cracked or distorted windshields are not to blame for all these accidents, the lack of visibility caused by damage to your windshield can put you and your passengers at… [...]

CarGurus COO: CarOffer digital wholesale platform remains solidCarGurus COO: CarOffer digital wholesale platform remains solid

May 28, 2023| 8:36 pm

Editor’s note: CarGurus said it has the right to buy the rest of CarOffer but has not made a final decision to do so. An earlier version of this story said the company planned to move ahead with that transaction. CarGurus Inc., which acquired a majority stake in CarOffer in 2021, might proceed with plans to buy the rest of the wholesale digital trading platform, a move that could be a show of confidence for the struggling division. And CarGurus COO Sam Zales said CarOffer is poised to break even or become profitable in the second quarter because of the… [...]

Gentex auto supplier hit by ransomware attackGentex auto supplier hit by ransomware attack

May 25, 2023| 7:48 pm

According to TechTarget, a Dunghill operator reached out with a link to what the group claims is 5 terabytes of sensitive corporate data from Gentex, including client documents and personal employee information. The report indicated Dunghill posted the stolen information on the dark web as well as shared data with unspecified foreign and domestic manufacturers after Gentex “refused to cooperate.” Threats against companies in the manufacturing industry have become more prevalent and more costly as of late. According to an annual report from IBM, the cost of a data breach for the industrial sector — which includes chemical, engineering [...]

Construction of Stellantis EV battery module plant remains at stand stillConstruction of Stellantis EV battery module plant remains at stand still

May 24, 2023| 7:28 pm

Ford said May 19 that his government would offer more support. “I will confirm we’re putting more money on the table,” he said after an unrelated announcement in St. Catharines, Ont. “This is all about saving jobs and giving people the quality of life they deserve in southwestern Ontario.” The premier wouldn’t provide details on the additional amount of funding the province is prepared to provide. A Stellantis spokesperson on May 23 said the company has “no new comments or statements at this time.” “Construction remains stopped for the module building.” The plant, expected to employ 2,500 people and slated… [...]

2024 Ford Ranger Raptor to boost ICE profits at little extra cost2024 Ford Ranger Raptor to boost ICE profits at little extra cost

May 21, 2023| 7:13 pm

“When you can get scale and engineering efficiencies through a lot of re-use of parts, you can really do a lot of things both from a business perspective and also from a customer perspective, making sure we’re bringing them new and exciting products ,” John Emmert, Ford’s general manager of North America trucks, told Automotive News. “A lot of our enthusiast products create a halo for the rest of the brand.” The Raptor line started as a skunkworks project on the 2010 F-150 that was well received by customers looking for off-road performance. Such buyers also exist in the [...]

VW battery plant gets up to $13B in federal moneyVW battery plant gets up to $13B in federal money

April 29, 2023| 2:55 pm

Still, the size of the incentives is striking. The production support alone is expected to range from $8 billion to $13 billion over 10 years, depending on how much the plant produces and what happens with US policy. The contract is written so that Canada’s production subsidies will stay in place only as long as the Inflation Reduction Act is in force. If the US reduces its incentives for clean manufacturing, Canada’s will go down proportionally. On top of that, Canada is offering about $700 million in capital expense grants to Volkswagen through its Strategic Innovation Fund. [...]

Why Does a Cracked Windshield Spread?Why Does a Cracked Windshield Spread?

April 19, 2023| 5:12 pm

A rock flies up and hits your windshield making a small crack. Uh oh. You know you have time, but how much time? Eventually, the crack will spread, obstruct your view, get you a ticket, and you’ll have to replace the entire windshield, something auto insurance typically doesn’t cover. So what exactly causes a small crack in a windshield to spread like wild fire? There are more than a few answers to this question. 1. Extreme Temperatures When you mix hot and cold, your windshield feels it. Going from sitting in the scorching sun to getting [...]

Miss. tires EV manufacturers from bypassing franchised dealersMiss. tires EV manufacturers from bypassing franchised dealers

March 21, 2023| 10:07 pm

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… [...]

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