Sunday, February 28, 2021

Bidirectional EVs could lend a hand in power crisis

Using two-way power, electric vehicles actually may help during a power crisis such as the one the one that afflicted Texas.



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Nissan's Saikawa praises ex-boss Ghosn during trial

In the trial of former Nissan executive Greg Kelly, ex-CEO Hiroto Saikawa said he thought Carlos Ghosn deserved his generous retirement packages.



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New-school solution for recruiting auto techs

While other dealerships struggle to find technicians, Magic Toyota in Edmonds, Wash., is training its own techs in-house, hiring a full-time professor to lead staff development efforts.



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Startup plan takes hold at Ind. plant

The old Hummer plant in Mishawaka, Ind., has seen ventures come and go. It now has a well-financed startup on-site.



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Polestar expands to mid-America

By the end of 2022, the electric vehicle maker hopes to have 35 stores in the U.S.



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Step one: Find weak links in U.S. supply chains

President Joe Biden's directive to identify risks in the nation's critical lines is part of an effort to boost domestic manufacturing and address the global semiconductor chip shortage.



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Dealer profits surge 48% to record in a ‘unique' 2020

The 2020 figure blew by the industry's previous profit record for the average store, recorded in 2015.



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In SPACs, dealers see viable option to go public

Franchised dealers are talking to their accountants, lawyers and other advisers about the possibility of going public via special purpose acquisition companies, or SPACs, which have exploded in number during the past year.



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The latest numbers on auto production affected by the microchip shortage

Here is the latest tally measuring the impact of the global microchip shortage on vehicle production, as provided by AutoForecast Solutions.



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Carvana to add prep centers to turn cars

Customer demand is outstripping its ability to prepare vehicles for sale fast enough. The used-vehicle retailers plans to add 10 inspection and reconditioning centers over the next two years to help.



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Toyota banks on plug-ins as rivals push BEVs

The automaker's decision to add at least a third PHEV nameplate to its U.S. lineup next year bucks a trend that has seen other automakers pull back their offerings as full battery-electric vehicles proliferate.



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Fisker aims to capture iconic appeal of the Mini, VW Beetle with 'affordable' EV

Former Aston Martin designer Henrik Fisker would not be drawn on the car's body shape but promised something radical. "The only thing that makes it a car is that it has four wheels and needs to be certified as a car," he said.



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Saturday, February 27, 2021

The awkward timing of Hyundai's EV recall

The automaker is facing a $900 million recall to replace battery systems in 82,000 vehicles.



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Jeep keeps Cherokee name, opens dialogue

The Cherokee Nation wants Jeep to stop using its name on two high-volume vehicles, and though the brand hasn't agreed to do that, the two sides expect to continue talking about the issue.



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Plug-ins key in Toyota’s U.S. plans as other automakers push BEVs

The automaker's decision to add at least a third PHEV nameplate to its U.S. lineup next year bucks a trend that has seen other automakers pull back their offerings as full battery-electric vehicles proliferate.



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Tavares warns Stellantis' Italian plant costs are twice as high as France, Spain

The Stellantis CEO said the problem was primarily not labor costs but production costs on FCA models that did not sell in anticipated numbers.



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Friday, February 26, 2021

Dealers in Texas putting wintry mess in rearview

The snow, ice and astoundingly frigid temperatures that devistated power and water systems in mid-February was just the latest catastrophe to hit Texas dealers.



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Here are the mileage ranges of the top EVs

J.D. Power's U.S. Electric Vehicle Experience Ownership Study said that range accuracy accounts for 20 percent of customers' overall satisfaction.



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How incentives revived Ontario

New multibillion dollar investment plans by the Detroit 3, combined with government incentives, show that Canada's global profile in the auto industry is on the rise.



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Aurora's latest acquisition would bolster capability to build lidar sensors at scale

Self-driving tech firm Aurora said it agreed to purchase OURS Technology -- a lidar firm that will help Aurora manufacture large quantities of sensors.



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Jaguar Land Rover will shed a quarter of its production capacity

The British carmaker will take a non-cash charge of about $1.4 billion in the quarter ending in March related to higher previous spending and projects it won’t complete, according to an investor presentation.



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JLR seeks partner for Jaguar EV platform

The decision to work with a partner as the Jaguar brand becomes electric-only "was a matter of scale and speed to go to market," JLR CEO Thierry Bollore said.



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VW expects strong rebound in sales, deliveries in 2021

The group expects revenues and deliveries to bounce back after the impact of the coronavirus pandemic and is projecting an operating margin of 5 percent to 6.5 percent for the year.



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Ford extends production cuts in Europe on chip shortages

The global semiconductor shortage will halt production at the automaker’s factory in Saarlouis, Germany, where it builds the Focus compact car, for five weeks.



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Hyundai bought chips when rivals didn't; its assembly lines are still rolling

Other than Toyota, which said this month it had enough chip inventory to last it about four months, Hyundai and its sister firm Kia are the only global automakers to have maintained a stockpile of low-tech chips that helped them keep up production.



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