The issue around the global shortage of new vehicles is not moving in the right direction, according to Autoblog. General Motors announced its intention to idle eight North American assembly plants in September, while Ford is halting the production of …
Genesis plans to have all vehicles in its lineup be purely electric by 2025—powered by battery or hydrogen fuel cells. “The electrification strategy includes developing new fuel cell systems with higher power output,” said Driving.ca, “and next-generation technology to draw …
Tesla must send its Autopilot data to the U.S. National Highway Traffic Safety Administration by October 22, according to Car and Driver. They are asking for “extensive information about every crash that a Tesla equipped with Autopilot has been involved …
Ride-hailing service Uber is donating $1 million to help Afghan refugees, increasing a previous pledge of $600,000. The company also launched an in-app donation button so customers can support the refugees more easily, and reportedly plans to match all in-app …
Smart recently released new teaser images of its upcoming electric SUV concept that will appear at the Munich motor show. It will be the first product from the brand since the joint venture between Mercedes-Benz and Chinese firm Geely. “The …
The semiconductor shortage that continues to impact a number of automakers around the globe is far from over. According to CNET, a major Japanese semiconductor chip supplier (Rohm), “said it foresees chip shortages throughout next year. It’s not that the …
Mexico requested formal consultations with the United States to settle a disagreement around measuring regional content for cars to trade duty-free; the U.S. insists on using a stricter method than its other two North American trading partners believe they agreed …
The American Automobile Association (AAA) auto club measures the increasing cost of a car, truck and SUV every year, and this year the national average cost to own and operate a new vehicle adds up to US$9,666. “2021’s annual average …
Electric vehicle maker Rivian plans to pursue an initial public offering (IPO) this fall, and wants to achieve a valuation 350 times that of Tesla’s IPO in 2010. “Rivian disclosed Friday that it has submitted its S-1 registration to the …
Toyota sold its 50 millionth Corolla after 55 years of production and 12 generations. It was initially introduced in 1966, and arrived in the United States in the 1969 model year, according to CNET. “That car had a starting price …
Factory shutdowns are confirmed in Japan as Toyota plans to make significant cuts to its new car production for the remainder of August and for September, leading to roughly a 40 per cent decrease in the number of finished vehicles …
Europe’s auto manufacturers may be looking at a lower profit outlook after seeing earnings increase in the first half of the year, as sales recovered from the pandemic. Demand continues to strengthen, but Forbes notes that margins “will be under …
