Kurt Sievers, president and CEO of NXP Semiconductors, mentioned through his keynote at Computex 2022 that the organization is about to comprehensive the progress of its new-technology automotive processor designed making use of TSMC’s 5nm course of action know-how. NXP is now teaming up with TSMC to volume generate radar […]
Automotive News
Hyundai Motor Group to Drop 3 Sedans — Auto Trends Magazine
Share Tweet Pinterest Share Print Email Hyundai, Kia and the sedans that we love. The age of the sedan is fading away. In recent years, Ford, Dodge, Chrysler, Mitsubishi, Volkswagen, and Mazda have dropped one or more models. Demand for utility vehicles is one reason, but something else may be […]
Mercedes Ending Dealer Sales Model in Europe
Pursuing word that Mercedes-Benz wanted to refocus on manufacturing substantial-stop luxurious motor vehicles with loftier profit margins, the German automaker has made a decision to reduce dealerships in Europe so it can move on a immediate-income model very similar to what’s offered by Tesla. The company is reportedly reducing up […]
SME Presents Excellence in Manufacturing Training Award to AGC Automotive
SOUTHFIELD, Mich., Might 16, 2022 /PRNewswire/ — SME, the nonprofit corporation committed to advancing manufacturing and producing a skilled workforce, declared now that it has awarded its 2022 Excellence in Producing Education Award to AGC Automotive North The usa, a earth-primary company of Automotive Protection Glass, centered in Bellefontaine, Ohio. […]
The News for May 20th, 2022
Welcome to the Hooniverse News! As always, this is a weekly recap of the biggest stories in the automotive industry without the fluff or bull. This week: BMW brings back the legendary CSL name on a car that’s still ugly, Nissan reveals competitive pricing for the 2023 Z, Genesis GV60 shows us […]
AM News Show: Making automotive retail a ‘home from home’ for apprentices
JCT600 apprentices have advised the AM Information Display how they overcame stigma about the automotive sector to come across a new ‘home from home’ in Aston Martin and Mercedes-Benz franchised dealership roles. In a single episode from the newest instalment of the well-liked Youtube video clip and podcast sequence AM news […]
Ford ordered to pay $7 million in fatal W.Va. crash involving 2014 Mustang
A West Virginia jury dominated Tuesday that Ford Motor Co. have to shell out $7 million to the loved ones of a 19-year-aged lady who was killed in a 2016 accident involving her Ford Mustang. In accordance to the accommodate, a pickup struck the 2014 Mustang, which subsequently caught fire, […]
Automotive Market size in Singapore to increase by 22,972 units | Aston Martin Lagonda Ltd. and BMW Group identified as key players
NEW YORK, May 16, 2022 /PRNewswire/ — The “Automotive Market in Singapore by Propulsion Type and Vehicle Type – Forecast and Analysis 2022-2026” has been added to Technavio’s offering. The 120 pages report segments the automotive market in Singapore by propulsion type (IC engine-based vehicles and electric vehicles) and vehicle […]
Mercedes to Focus on Premium Luxury Vehicles Again
Mercedes-Benz has claimed it will cut back its entry-amount gives to far better prioritize high quality automobiles with loftier margins. Though this strategy has develop into fairly unusual all over the market, even amid some mainstream models, Mercedes has traditionally been synonymous with high-end luxury cars. A person miracles why […]
REE Automotive to build commercial EV plant in UK’s Coventry
Prototypes of a rolling chassis for electric automobiles formulated by Israel’s REE Automotive, is found during a test drive in Beersheba, southern Israel September 17, 2020. REUTERS/Amir Cohen Sign-up now for Free unrestricted accessibility to Reuters.com Sign up LONDON, May 16 (Reuters) – REE Automotive (REE.O), which develops rolling chassis […]
Bentley EV To Pack As Much as 1,400 HP And Hit 100 KM/H In 1.7 Seconds
Bentley CEO Adrian Hallmark not long ago sat down with Automotive Information Europe wherever he indicated that their initial EV could get there all over 2025 with as significantly as 1,400 hp. “If we’re 650 hp now with GT Speed, we will be double that with the BEV,” Hallmark advised the […]
Mullen Automotive soars after reporting strong financial numbers
NASDAQ:MULN gained 14.20% in the course of Friday’s buying and selling session. Mullen Automotive noted some of its monetary figures on Friday. EV stocks fly greater all over again as marketplaces rally into the weekend. NASDAQ:MULN rose for the third consecutive working day to shut the week as the crushed-down […]
Former journalist, PR veteran, Automotive News staff member Dick Plumb dies at 97
Charles R. “Dick” Plumb, who headed public relations for Rockwell International’s automotive unit for additional than two a long time, died peacefully at his house in South Carolina on May well 8. He was 97. Early in his profession, Plumb worked as a reporter and editor for many smaller every […]
Buy-Sell Q&A: Where the Automotive M&A Market is heading
Q: Are there any hazards that sellers have to be aware of that could impact their profitability and valuations? A: The short-expression danger we see is the likelihood of a economic downturn. Some economists forecast that we’re very likely to have a economic downturn in 2023, which would decrease desire […]
Russia revives Soviet-era car brand at abandoned Renault factory
The Soviet-era Moskvitch model is set to be revived, next Renault’s choice to offload its Russian operations. View 5 pictures PreviousNext Russia is set to nationalise and get regulate of a manufacturing facility belonging to French carmaker Renault, and will revive the well known Soviet-era Moskvitch auto model. The go, remaining […]
iPhone Maker Foxconn to Build EVs — Auto Trends Magazine
Share Tweet Pinterest Share Print Email The Taiwanese iPhone manufacturer Foxconn will soon make electric vehicles. This week, the company closed on a deal to purchase the former GM manufacturing plant in Lordstown, Ohio. That plant was most recently owned by Lordstown Motors, an EV company with plans to bring […]