As the war in Ukraine rages on, Porsche may be forced to halt the production of a number of its models, according to The Drive. Already, “Porsche announced it will suspend production in its Leipzig plant from Wednesday (March …
The Russian invasion into Ukraine will further strain supplies of semiconductor chips in the United States during a period of global shortage, according to CNBC. They say both countries are “critical sources” of neon gas and palladium, which are used …
Tesla reportedly plans to start working on a new manufacturing plant in Shanghai, China next month as it aims to double its production capacity in the country. “Once the new plant is fully operational, Tesla will have the capacity to …
The NHTSA is investigating approximately 1.73 million Honda Motor vehicles over reports of unexpected braking that could increase the risk of a collision. The U.S. transport safety regulator said it received 278 complaints that allege braking incidents “occurring with nothing …
Tesla CEO Elon Musk may lose a water supply contract for its German manufacturing plant. The Gigafactory continues to experience delays—another one being the possibility of losing the contract if environmental groups win a court case that challenges the automaker’s …
AutoNation, described as the largest car dealership chain in the United States, told Fortune that discounts on new vehicles may be a thing of the past, and may not return after the pandemic. “We will not return to excessively high …
Hyundai, Kia, and Genesis topped the list of J.D. Power’s Vehicle Dependability Study rankings. The 2022 study included more than 29,000 U.S. owners of 2019 model-year vehicles three years after purchase. “Many owners are holding on to their vehicles longer, …
A cargo ship carrying up to 4,000 vehicles—Porsche, Volkswagen, and Bentley models and heading for the United States—caught fire as it was traveling through the Atlantic. “Our immediate thoughts are of relief that the 22 crew of the merchant ship …
The trucker convoy blockades that blocked the U.S.-Canada Ambassador Bridge border for approximately one week may have cost the automotive industry US$299.9 million between February 7-15. “Our updated estimate includes lost direct wages for Michigan, lost direct wages in Ontario, …
After two years of losses, the Renault Group returned to profitability in 2021 and reached a number of long-term financial targets earlier than it had anticipated. In revealing last year’s financial performance, Autocar said the company highlighted that it “has …
After a trucker convoy protesting against vaccine mandates in both Ottawa and Canada resulted in the closure of Ambassador Bridge for nearly a week, the Canada-U.S. border crossing is now open. “Traffic was flowing normally across the bridge between Windsor, …
Ford CEO Jim Farley is not pleased that some dealers are charging well above the sticker price for new vehicles during a period of lean inventory and semiconductor shortages. “We have very good intelligence of who they are and their …
