Browsing Category
Automobile
Blink Charging to buy EV charger infrastructure maker SemaConnect for $200 million
Blink CEO Mike Farkas told Automotive News that the company, based in Miami, previously designed Level 2 chargers but hired a third-party contractor to manufacture them. With the acquisition, Blink will have control over the operation,…
First Shift: Drunk driver prevention tech provision in U.S. Senate bill
• Impaired driving prevention tech
• Understanding ADAS and crashes
• Subject to recall?
Source link
First Shift: Drunken-driver prevention tech provision in U.S. Senate bill
• Impaired-driving prevention tech
• Understanding ADAS and crashes
• Subject to recall?
Source link
Cooper-Standard shares plunge 20% after hiring Goldman Sachs for financial advice
The company posted a net loss of $61.4 million in the first quarter, according to its earnings report last month. Its gross profit plummeted nearly 68 percent to $21.5 million on revenue of $613 million, which was down 8 percent year…
Ferrari says EVs and hybrids will account for 80% of sales in 2030
Vigna said Ferrari would develop and build its own electric motors, inverters and battery modules for its electric models on a new assembly line at its plant in Maranello, Italy, while outsourcing non-core components to partners.
Faced…
Sony and Honda finalize 50-50 joint venture to build EVs in 2025
Sony Honda Mobility, to be based in Tokyo, will combine Honda’s expertise in engineering and manufacturing vehicles, along with its proficiency in providing after-sales service, with Sony’s strengths in imaging, sensing,…
GM to invest $81 million to build Cadillac Celestiq EV at Global Technical Center
DETROIT— General Motors plans to invest more than $81 million to build the Celestiq, Cadillac's flagship electric vehicle, at the automaker's Global Technical Center.
The Celestiq, expected to launch next year, will be the first vehicle…
Ford CFO: Auto loan delinquencies on the rise
Ford Motor Co. CFO John Lawler on Wednesday said auto loan delinquencies are beginning to rise in what he called a "dynamic" economic environment.
U.S. light-vehicle demand remains strong, though tight inventories in the wake of supply…
Electric truck consumers are placing more pre-orders than what they intend to buy, study finds
Electric truck consumers are using refundable reservations to pre-order more than one EV and keep their options open, according to a new survey conducted by battery health analysis firm Recurrent.
The study, released Monday, surveyed…
Did these two former FCA car salesmen engage in criminal fraud?
Two former salesmen at a Stellantis dealership in suburban Detroit were indicted last month on charges of allegedly defrauding the automaker by giving employee discounts on vehicles to customers who weren't eligible.
Apollon Nimo and…