Chevrolet has announced a second recall affecting 2017-2019 Bolts after two more fires were reported. This new recall includes Bolt owners whose vehicles were part of the first recall. The OEM has found the simultaneous presence of two rare manufacturing …
Volkswagen Group (VW) released strong results last week as their earnings and profit margins exceeded pre-pandemic levels. The company’s earnings were driven by its luxury brands. Both Porsche and Audi saw profit margins in the double digits and experienced record …
Limited inventory for both new and used vehicles due in part to the current computer chip shortage is helping to increase profits for dealers, automakers and auto lenders, Forbes reports. The chip shortage combined with high consumer demand for trucks …
The Consumer Electronics Show’s (CES) 2022 event, which will take place in January is expected to host more exhibitors from the automotive industry than ever before. According to the Consumer Technology Association, which is organizing CES 2022, the transportation and …
A shortage of rental cars is making it difficult for Canadians to rent a vehicle. Many car rental companies sold off much of their fleet during the pandemic, and with the global microchip shortage causing dealerships to experience low vehicle …
A letter from trade groups and unions was delivered to House and Senate leaders on Thursday which urged Congress to finance semiconductor manufacturing in the United States. Signed by the American Automotive Policy Council, National Association of Manufacturers, the United …
Shareholders in Volkswagen have approved a deal to settle claims against longtime CEO Martin Winterkorn and three other former executives associated with the company’s 2015 scandal. That year VW admitted to cheating U.S. diesel engine tests. The debacle has cost …
Accelerate Auto is a non-profit organization that aims to increase Black representation in Canada’s automotive industry. With the goal of tackling anti-Black and systemic racism, Accelerate Auto is committed to helping people find new opportunities within the industry. The non-profit …
Daimler has announced that from 2025, all of Mercedes-Benz’ “newly launched vehicle architectures will be electric-only.” As part of the announcement, the company said it would increase its spend on research and development with total investments into battery electric vehicles …
Consultants Frost & Sullivan released a report examining gallium nitride (GaN) as the next technology of choice in the automotive industry. A by-product of smelting, GaN has a low extraction and refinement carbon footprint, high-efficiency and high-voltage capabilities, and is …
Vehicle inventory is down, which means dealers are struggling to keep up with consumer needs. At the same time, consumers are left with their second or third choice. “With cars in tight supply, George Epitropou says inventory at all six …
The U.K. government announced a plan that will provide “a world-leading ‘greenprint’ to cut emissions from our seas and skies, roads and railways, setting out a credible pathway for the whole transport sector to reach net zero by 2050,” according …
