For Toyota and its Lexus brand, this December could be one to remember — for all the wrong reasons. Ongoing microchip and other supply chain shortages caused by the pandemic have forced Toyota Motor Corp. to continue to cut its global production. Meanwhile, U.S. retail demand for new vehicles has slowed, but not yet enough
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In this article F Dane Hardware (right), Ford design and release engineer, and Mary Fredrick, Ford battery validation engineer, measure the voltage of a battery using a digital multimeter at Ford’s Battery Benchmarking and Test Laboratory in Allen Park, Michigan. Ford Ford is partnering with battery recycling start-up Redwood Materials to reuse the raw materials
2:09 PM ET Associated Press MADRID — Dean Berta Viñales, a 15-year-old Spanish rider, died after crashing in a motorcycle race in Spain on Saturday. Race organizers said Viñales, a cousin of MotoGP rider Maverick Viñales, did not recover from his injuries after the crash in a Supersport 300 race at the Jeréz de la
In its march toward a carbon-neutral future, Volvo Cars is targeting how its steel is made. Its hope: To adopt a new “green steel” that promises to eliminate the need for coking coal in its manufacturing process. If the idea works, it could take a significant bite out of the CO2 in the automaker’s supply
In this article TSLA Electric vehicle maker Tesla rolled out a long-awaited software update Friday night that allows customers to request access to its controversial Full Self-Driving Beta (FSD Beta) software. The move delighted fans of CEO Elon Musk and Tesla, but it risks drawing the ire of federal vehicle safety authorities who are already
7:53 PM ET Associated Press LONG BEACH, Calif. — Endless hours on iRacing trying to familiarize himself with the downtown city street course in Long Beach paid off Friday when IndyCar points leader Alex Palou sailed through his first career laps on the circuit. Palou takes a 35-point lead into Sunday’s title-deciding season finale. The
While going through National Automobile Dealers Association training, the convoluted process of buying a vehicle became more obvious — and more alarming — to Patrick Daly. Mystery shopping at competitors’ dealerships and his store showed that car shopping was still more complicated than it needs to be, said Daly, general manager of Randy Wise Chevrolet
In this article UG Andrew Matthews | PA Images | Getty Images DETROIT – General Motors plans to expand its OnStar emergency services from an in-vehicle feature and phone-based app to a home-based 911 system for Amazon Alexa. The Detroit automaker on Wednesday said it will launch a new OnStar Guardian for Amazon’s popular voice
2:11 PM ET Associated Press LONG BEACH, Calif. — The love affair between Romain Grosjean and IndyCar will continue another year. The Frenchman will move to Andretti Autosport in 2022 to drive a full season, including the Indianapolis 500. Grosjean did not commit to ovals when he left Formula One to drive for Dale Coyne
Demand for used vehicles has been high this year, and flooding this month from Hurricane Ida just sent more customers clamoring for cars at Planet Honda in Union, N.J. Planet Honda isn’t alone facing that growing demand. In times like these, General Manager Bill Feinstein said he and other dealership leaders he knows are choosing
In this article TSLA Tesla Motors CEO Elon Musk speaks to the media next to its Model S. Nora Tam | South China Morning Post | Getty Images Tesla CEO Elon Musk said Friday that the ongoing semiconductor crisis will be over by next year. The tech billionaire said he thinks chip shortage is a
BERLIN — Daimler’s Mercedes-Benz will take a 33 percent stake in battery cell manufacturer Automotive Cells Company (ACC), alongside the project’s original founders Stellantis and TotalEnergies. The purpose of the partnership is to develop cells and battery modules and “help ensure that Europe remains at the heart of the auto industry — even in an
Dave Snydacker is CEO and founder of Lilac Solutions, a lithium extraction startup based in Oakland, California. Courtesy: Lilac Solutions Inc. As consumers, we rely on lithium-ion batteries to power everything from smartphones to electric vehicles. Demand is soaring, and automakers can’t secure partnerships fast enough to keep up. That presents an economic challenge today.
11:04 AM ET Associated Press SOCHI, Russia — The first Formula One race in Miami will be held on May 8. The Miami race at a new track named the Miami International Autodrome — being built around Hard Rock Stadium — will be the first of two U.S. events on the 2022 F1 schedule, along
DETROIT — General Motors plans to restart production at its midsize pickup plant in Missouri next week, as planned, while seven other of the automaker’s plants in North America remain idle, in part because of the global microchip shortage. The plant in Wentzville has been down since Sept. 6. It builds the Chevrolet Colorado and
In this article ULVR-GB VOW3-DE TSLA Volvo is one of several automakers looking to change the materials used in its vehicles. Artur Widak | NurPhoto | Getty Images Volvo Cars wants all the models it sells to be leather-free by 2030, a move which represents the latest example of how automakers are looking to make
Consulting firm AlixPartners said Thursday the ongoing semiconductor chip shortage will cost the global automotive industry $210 billion this year, a greater revenue loss than previously thought. That figure is up considerably from the firm’s May forecast, in which it estimated a loss of $110 billion. AlixPartners also says production of 7.7 million units could
Ford started resuming vehicle production in the U.S. on May 18, 2020 with new coronavirus safety protocols such as health assessments, personal protective equipment and facility modifications to increase social distancing. Ford With no end in sight this year, the ongoing semiconductor chip shortage is now expected to cost the global automotive industry an estimated
Stellantis brands Jeep, Fiat and Ram will release special edition vehicles as part of a multiyear partnership with Red, a brand licensing company that raises money to fight global health emergencies. The vehicles will get a global marketing campaign to drive awareness to Red’s cause. At least $4 million in proceeds will go to the
Bono at the 2016 World Economic Forum in Davos, Switzerland. David A. Grogan | CNBC Jeep, Ram Trucks and Fiat are partnering with U2 frontman Bono’s (RED) organization to offer special-edition vehicles, aimed at raising more than $4 million to fight against health crises. The vehicles will include “(RED)” editions of the Jeep Compass and Renegade
Incoming AutoNation Inc. CEO Mike Manley will earn an annual base salary of $1.3 million and receive a $1.5-million cash sign-on bonus when he comes onboard Nov. 1, according to a regulatory filing late Tuesday. AutoNation on Tuesday announced it had hired Manley, former CEO of Fiat Chrysler Automobiles and head of Americas for Stellantis,
Flying cars could be commercially available in 2024, but regulations for managing the new form of air traffic will be a concern, according to the chief executive officer of a tech company. Hugh Martin of Lacuna Technologies, which helps cities create transportation policies, said there’s a difference between when cars can fly and when they
7:28 PM ET Associated Press MONTEREY, Calif. — Colton Herta won the pole at Laguna Seca and will try Sunday to tie his father as a two-time winner at the rolling California road course. The win would actually give him the family throne on the overall victories list. Herta won from the pole in 2019
DETROIT — Most of the show at the new Motor Bella event in suburban Detroit took place off the stage for its debut Tuesday. The event at M1 Concourse drew hundreds of industry representatives and media members in Pontiac, Mich., as it marked the return of a major auto show to metro Detroit and offered
A 2019 Chevrolet Bolt EV caught fire at a home in Cherokee County, Georgia on Sept. 13, 2021, according to the local fire department. Cherokee County Fire Department DETROIT – As General Motors scrambles to repair defects that caused fires in at least 13 Chevrolet Bolt EVs, the automaker is aggressively working to ensure the
Sep 19, 2021 Associated Press MONTEREY, Calif. — The tiny IndyCar team Sam Schmidt formed 20 years ago moved another step toward becoming an elite organization with a sponsorship extension by Arrow Electronics announced ahead of Sunday’s race at Laguna Seca. The deal through 2028 retains Arrow’s name in the Arrow McLaren SP team title.
Editor’s note: All dollar figures in Canadian currency. OTTAWA — The Canadian Press is projecting the Liberals have won enough seats to stay in power with a minority government but have fallen short of winning a majority. Prime Minister Justin Trudeau will need the support of at least one other party to maintain a minority government.
SpaceX CEO Elon Musk poses with the crew before launch on September 15, 2021. John Kraus / Inspiration4 After SpaceX completed a historic, private spaceflight on Saturday, CEO Elon Musk took a pot shot at President Joe Biden who had yet to remark on the company’s and the civilian flight crew’s accomplishments. One of Musk’s
1:35 PM ET Associated Press MONTEREY, Calif. — IndyCar’s extended partnership with NBC Sports yielded an additional bonus for next year’s schedule, which was already earmarked to air a record number of races on network broadcast. The three-year extension announced with the network in July touted a record 13 races on NBC. That number was
General Motors has signed an agreement with car-rental giant Hertz Corp. to help funnel more loaner vehicles to dealerships amid the global microchip shortage. As an enhancement to GM’s existing Dealer Courtesy Transportation Program, Hertz will provide loaner vehicles to dealers at GM’s current rate, a GM spokesperson confirmed to Automotive News. Hertz’s primary focus