Month: November 2021

Wells Fargo & Co. has hired Hunter Patton as a managing director in North American corporate and investment banking, focused on industrials. Patton will focus on automotive, automotive technology, capital equipment, and other select capital goods and service areas, according to a memo reviewed by Bloomberg News. Patton joins Wells Fargo from Ford Motor Co.,
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HAMBURG — Volkswagen Group CEO Herbert Diess, currently under heavy fire from unions over strategy, struck an upbeat tone at a recent manager meeting on talks over the company’s five-year investment plan, including the future of its Wolfsburg plant. According to a copy of his speech from a meeting over the last week, seen by
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Volkswagen Group of America said it will use the sides of Amazon boxes this holiday season to put virtual butts in the virtual seats of its new Taos subcompact crossover, and reward participants with three months of premium music streaming for virtually going along for the ride. The German automaker revealed its new Web-based augmented
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What kind of car is the 2022 Nissan Maxima? What does it compare to? With the Maxima, Nissan upgrades the Altima driving experience with a V-6 engine and more enthusiastic chassis tuning. It’s a competitor for cars like the Acura TLX, the Honda Accord, and the Toyota Camry.  Is the 2022 Nissan Maxima a good
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US Commerce Secretary Gina Raimondo discusses the impact of the semiconductor chip shortage at UAW Region 1A office in Taylor, Michigan on November 29, 2021. Jeff Kowalsky | AFP | Getty Images DETROIT – Commerce Secretary Gina Raimondo on Monday urged the U.S. House to immediately pass legislation that supports American production of semiconductor chips
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LOS ANGELES — BMW is expanding its utility vehicle lineup with the first standalone vehicle from its M performance brand since the BMW M1 launched five decades ago. The BMW Concept XM, revealed at a press event here this month, is a preview of the most powerful M vehicle in its lineup, the automaker said.
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What kind of car is the 2022 Mercedes-Benz EQS? What does it compare to? Mercedes swings big with the EQS electric vehicle that’s billed as the eventual successor to the ultra-posh S-Class sedan, with a fully electric powertrain and a futuristic interior. Rivals at this level of electric luxury (and price) are few, and include
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In this article BMW3-FF BMW Concept XM BMW BMW on Monday evening unveiled a new high-performance concept vehicle that previews an electrified crossover expected to begin production late next year in South Carolina. The new production car, called the BMW XM, will be available exclusively as a plug-in hybrid electric vehicle under the company’s “M”
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What can’t be seen can hurt you. That’s the thinking behind a range of fluidic, compressed-air, ultrasonic and aerodynamic cleaning gear and hydrophobic coatings for the sensors. They are a vital part of automated driving systems. A clean windshield and healthy wipers help with driver vision and sensor capability. But only if the sensors, like
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A partnership between ZF Friedrichshafen and Microsoft will allow the German parts supplier to create new capabilities for its autonomous shuttle systems, the company said. ZF said this week that it expanded its partnership with Microsoft to move all of its business, production and industrial processes onto the tech company’s Azure cloud platform. It’s a
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MIMASAKA, Japan — Toyota was the darling of environmental consumers not so long ago, barely able to produce enough lean-burning, pioneering Prius hybrids to accommodate the growing legions of ecologically motivated buyers. Suddenly, the Japanese giant has become a scourge in some corners, with critics from the Sierra Club to Greenpeace deriding the automaker for
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The recent partnership between German supplier ZF Friedrichshafen and Microsoft underscores how the relationship among tech companies, suppliers and automakers is changing in the era of advanced-technology vehicles. Most major suppliers no longer see themselves as simply providers of the hardware and physical components automakers put in their vehicles. Many now see an opportunity to
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