Ouster Ships First Digital Flash Sequence A-Sample, Reaching Major Milestone on Path to Automotive Readiness Ouster transported the initial DF A-sample to its global automotive OEM partner, and programs to existing A-samples to over 30 automotive OEMs, Tier 1s, and AV firms this year Ouster, Inc. (NYSE: OUST) (“Ouster” or […]
Automotive News
Magna launches new advanced driver-assistance functions on 2022 Toyota Tundra amid tech push
Magna Worldwide Inc. stated it released new sophisticated driver-assistance capabilities on the 2022 Toyota Tundra pickup, a crucial advancement for the supplier big as it looks to establish its place as car or truck automation grows. In a Wednesday news release, Magna mentioned the Tundra is outfitted with a “entire […]
Penske nabs Hyundai-Genesis dealership near Indianapolis; Lithia adds Ontario store
Publicly traded shops Penske Automotive Group Inc. and Lithia Motors Inc. each declared one-retail store acquisition deals on Tuesday. Penske mentioned it has obtained a Hyundai-Genesis dealership in Noblesville, Ind., in close proximity to Indianapolis, its initial of individuals manufacturers in that region, from seller Terry Lee. Fiscal phrases of […]
Toyota to Study Advanced Driving System Interactions
Toyota will be launching 9 new studies in excess of the future five years to strengthen automotive safety, specifically in relation to how motorists have interaction with sophisticated driving aids geared up to modern day motor vehicles. Although the press release to a again seat to the automaker acquiring an […]
Two Continental Innovations Selected as 2022 Automotive News PACE Finalists
The MK C2 and CoSmA technologies had been picked as finalists for the once-a-year prestigious award by a panel of independent judges. Continental’s MK C2 brake method contributes to the general effectiveness of a automobile by earning it more productive, safer and scalable. CoSmA, Continental’s digital car accessibility answer, is […]
O’Reilly Automotive (NASDAQ:ORLY) Issues FY22 Earnings Guidance
O’Reilly Automotive (NASDAQ:ORLY – Get Rating) updated its FY22 earnings guidance on Wednesday. The company provided EPS guidance of $32.35-$32.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $33.27. The company issued revenue guidance of $14.2-$14.5 billion, compared to the consensus revenue estimate of $14.35 billion. […]
Mitsubishi to U.S. employees: Work from home forever
Chris Reynolds, who oversees Toyota’s production and human methods capabilities, reported versatile function-from-home policies allow for organizations to broaden the geographic footprint of their recruiting initiatives. “If we’re now working from dwelling and can do factors almost, do I treatment regardless of whether you’re in Plano, Texas, or Detroit, Mich.? […]
O’Reilly Automotive Hits A Pothole
Analysts Acquire The Dip In O’Reilly Automotive Shares of O’Reilly Automotive (NASDAQ: ORLY) tanked immediately after the organization unveiled its Q1 earnings but some are welcoming the information. Analysts Michael Lasser of UBS urged the company’s consumer to use the pullback as a getting possibility thanks to the strength of […]
Colorado car dealer group opens EV, hybrid outlet and sees sales boost
Phil Lengthy EV Outlet sold 117 electric powered and hybrid automobiles from Could 2021 via year’s finish and 56 such motor vehicles throughout the 1st 3 months of 2022. It can be just a compact portion of the company’s overall profits. Phil Very long Dealerships of Colorado Springs ranks No. […]
Formula E Gen3 electric race car revealed with 320km/h top speed and no rear brakes
The all-new third-technology electrical racer is more compact, lighter and much more powerful than its predecessor. Also, it has no rear brakes! View 5 images Formula E has taken the addresses off its radical 3rd-era all-electric powered race vehicle that is promised to be “the fastest” nevertheless. Searching far more like […]
Freudenberg Sealing Technologies Named 2022 Automotive News PACE Award Finalist | News
DIAvent Highflow Stress Payment Valve identified as a prime innovation to handle lithium-ion battery protection WEINHEIM, Germany, April 21, 2022 /PRNewswire/ — Freudenberg Sealing Systems, a global sealing and electric powered mobility solutions supplier, was named a finalist for the 2022 Automotive News Speed Award for its DIAvent Highflow Tension Compensation […]
UAW & Green Lobby Sue USPS Over Not Prioritizing EVs
On Thursday, The UAW and a group of environmental groups based in the United States filed numerous lawsuits in an effort to block the U.S. Postal Service (USPS) from moving forward with plants to purchase gasoline-powered next-gen delivery vehicles (NGDVs) from Oshkosh Defense. The suits are being launched on the grounds that […]
Toyota Grand Highlander, Lexus TX 3-row SUVs expected by 2024
Toyota and Lexus will proceed to improve its a few-row SUV lineup, in accordance to a report from Automotive News. Two new SUVs anticipated to get there next yr for the 2024 design calendar year will seat up to 8 travellers and slot as the greatest autos developed on a […]
Car Buyers Report Higher Satisfaction When Using Digital Financing Tools, New Cox Automotive Study Shows
Newly introduced Cox Automotive Car or truck Customer Funding Journey Research explores the actions of the financing journey and actions consumers’ fulfillment with the general automobile financing approach. Gratification with the dealership and loan provider experiences boost when a lot more funding ways are finished on the internet, according to […]
30 years ago, Land Rover began its U.S. adventures — Petersen Automotive Museum
Land Rover North The us is celebrating 30 a long time of posh off-roading in the U.S.A.—even however, officially, the tale started various years previously. It was 1985 when the bosses at Land Rover-Leyland Limited realized that Us residents rather appreciated the Array Rover that they’d been importing by using […]
Toyota faces renewed criticism after resuming donations to some Biden election objectors
Toyota in July faced a chorus of criticism from consumers and interest groups over its political donations to members of Congress who voted against Biden’s certification. In a statement on July 8, Toyota said: “We understand that the PAC decision to support select members of Congress who contested the results […]