Tuesday, November 30, 2021

Amazon offers new data tool it says could help carmakers prevent recalls, improve safety

Amazon says its new Web Services' cloud-based data service could help automakers remotely diagnose issues in their vehicles, preventing recalls and improve safety.



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Biden's EV tax credit to determine future product at Stellantis Brampton, Unifor says

The future of Stellantis’ Brampton Assembly Plant will remain in limbo until U.S. lawmakers firm up or drop a Biden administration-backed bill aimed at boosting EV adoption south of the border, Unifor said.



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Supplier Marelli pledges carbon-neutral operations by 2030

The supplier pledged to have all of the energy used at its plants either created from renewable sources or offset by carbon credits,



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Ford executive hired by Wells Fargo for investment banking post

Hunter Patton was on Ford's global strategy and corporate development team.



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Daimler, Stellantis enter agreement with battery maker Factorial Energy

U.S. based Factorial Energy said on Tuesday it had entered into agreements with Daimler AG owned Mercedes-Benz and Stellantis NV, in a bid to commercialize its battery technology.

Under the partnerships, both Daimler and Stellantis will make a strategic investment in the solid-state battery maker, Factorial Energy said in a statement, without providing any financial details.

As transition towards greener mobility gets more traction, demand for EVs is expected to surge, more so after Daimler and five other car manufacturers committed to a pledge earlier this month to phase out fossil-fuel vehicles by 2040.

These partnerships follow the Stellantis deal with lithium developer Vulcan Energy Resources and Daimler's investment in electric vehicle charging venture Ionity's latest funding round.

"With our new partners we can develop batteries that not only enable safer and longer driving range vehicles, but that are also compatible with conventional lithium-ion battery manufacturing environments," Factorial Energy Chief Executive Officer Siyu Huang said.

Hyundai Motor Co and Kia Corp have also signed a joint partnership with Factorial Energy, which Forbes reported.



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VW uses Amazon boxes, free music to promote Taos

Volkswagen of America has launched a campaign that will print QR codes on over 1 million Amazon boxes to market the compact crossover, offering three months of free premium music streaming as a reward for participating.



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Volvo says supply situation has 'improved month by month'

The automaker said that supply was still restrained, but production had "improved month by month" since September, while the supply of cars was still lower than demand.



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Volvo says supply situation has 'improved month by month'

The automaker said that supply was still restrained, but production had "improved month by month" since September, while the supply of cars was still lower than demand.



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VinFast parent seeking about $1 billion in new investments, report says

Vingroup is in discussions for the fundraising ahead of VinFast's potential U.S. stock listing.



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Executives optimistic on long-term profits as short-term challenges mount, survey finds

Respondents in the U.S. and China appeared to be the most optimistic about profitability moving forward, the data showed.



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Stellantis undergoes 'unprecedented' shake-up of its European dealership network

The automaker wants to transition a network estimated to exceed 15,000 franchise points to a so-called "retailer model." The move gives Stellantis more control over how its vehicles are sold.

 



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Monday, November 29, 2021

BMW readies most powerful M with SUV concept

The BMW Concept XM is a preview of the most powerful BMW M vehicle and planned only as a plug-in hybrid.



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Canada's Trudeau weighs auto-content rules as next U.S. trade flashpoint

Canada is leaning toward forming a common front with Mexico in a fight with the U.S. over how to interpret rules governing the origin of vehicle parts.



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Biden administration could tie microchip subsidies to union jobs

When pressed about whether the Commerce Department would make workforce unionization one of those strings, Raimondo demurred. "It's premature to say," she said.



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Infineon names COO Jochen Hanebeck as next CEO

Jochen Hanebeck, COO at the semiconductor maker since 2016, will succeed Reinhard Ploss in April 2022. Ploss, CEO since 2012, led an expansion that included key acquisitions. 



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Tesla China plant nearing capacity spurs $188M upgrade

The facility, which broke ground in January 2019, is expected to reach the limit of its production capacity this year, the people said, asking not to be identified as the details are confidential.



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Nissan teases EV pickup in challenge to Tesla, Rivian

The automaker's Surf-Out concept is an activity vehicle with what appears to be an open cabin-back for easy access to the pickup bed. The tailgate is fully digitalized for lighting as well as messaging. A sleek canopy can be pulled over the cargo space.



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Sunday, November 28, 2021

The latest numbers on the microchip shortage: A break from chip-related cuts

AFS signals that industry efforts to respond to the global microchip shortage are helping.



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With new mobile app, customers get perks, Stellantis gets intel

The automaker believes a deeper understanding about the people who buy its products could prove useful as it develops business models that go beyond selling vehicles.



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Lithia CEO headlines list of 2021 Automotive News All-Stars

With the holiday season underway, it's time for another late-year tradition: the unveiling of the 2021 Automotive News All-Stars.



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Bob Brockman's competency hearing includes brain scan testimony

Defense witnesses say that the Reynolds and Reynolds ex-CEO's impairment is clear. Prosecutors insist the symptoms are exaggerated.



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The year has been rich for dealers, automakers — but suppliers, not so much

Manufacturing interruptions and supply chain uncertainty has taken a toll on suppliers, who are dependent on steady volumes and predictability.



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Bryan DeBoer had a big vision for Lithia, made it happen

The retail group's CEO guided his business to national prominence through acquisitions and by expanding its omnichannel retailing tool, making him Automotive News' 2021 Industry Leader of the Year.



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Newcomers on parade: Debuts from brands that are not household names

November brought a wave of new sheet metal. But chances are, you're not entirely familiar with their manufacturers.



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Nissan to invest nearly $18B for electrification blitz

The automaker plans 23 new electrified vehicles, including 15 EVs, and aims for an electrification mix of 50 percent across the Nissan and Infiniti brands by March 31, 2031.



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Saturday, November 27, 2021

HONDA'S TOSHIHIRO MIBE: Readying for a dramatic EV shift

He knows an EV upheaval is coming. He just needs a partner to get ready for it.



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The new love triangle: Automakers, suppliers ... and tech companies

ZF's new partnership with Microsoft is part of a trend toward a bigger industry role for tech giants.



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Friday, November 26, 2021

Dealers expect acquisitions to continue, survey finds

More than three-quarters surveyed by Kerrigan Advisors expect to buy at least one dealership in the next 12 months.



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Dealership ditched the script, started talking to customers ‘like a human being' and found success

Germain Toyota discarded a rigid process in exchange for having unscripted conversations with customers and addressing what's on their minds.



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VOLVO'S HAKAN SAMUELSSON: Sales records are at hand

The automaker's CEO believes that topping Volvo's sales record, set in 2019, is "within reach" this year, despite setbacks caused by the pandemic and the microchip shortage.



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Toyota not ready to concede on its nickel-metal hydride technology

The ever-resourceful automaker has found a new way to squeeze more life from the tried-and-true battery technology, giving hybrid vehicles a new lease on life.



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Thursday, November 25, 2021

Subaru braces for first back-to-back U.S. sales declines since 1990s

CEO Tomomi Nakamura predicts rebound to 650,000 sales in 2022, but expects 2021 volume in Japanese automaker's most important market to fall short of 600,000.



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Kia shows off second-generation Niro compact crossover at Seoul auto show

The second-generation Niro uses environmentally friendly materials, such as recycled fibers and benzene-free paint, as Kia aims to make its models greener.



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Subaru braces for first back-to-back U.S. sales declines since 1990s

CEO Tomomi Nakamura predicts rebound to 650,000 sales in 2022, but expects 2021 volume in Japanese automaker's most important market to fall short of 600,000.



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Wednesday, November 24, 2021

Diess' future at VW still uncertain, with board talks 'on a knife edge,' report says

The uncertainty over leadership and strategy at VW has left its stock performance trailing behind competitors in the past six months.



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Rivian delays deliveries of R1S SUV, reports say

The EV maker has now started sending emails to customers to inform them that the delivery window has been changed to between May and July at the earliest, the reports said.



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Hellcat era set to burn out at Dodge

The Hellcat era at Dodge is coming to a screeching end.

Dodge CEO Tim Kuniskis told Motor Authority that the supercharged models are in their last days.

Redesigned versions of the Charger and Challenger muscle cars are expected to move to Stellantis' electrified STLA Large platform, which is capable of up to 500 miles of range.

"I will have this car, this platform, this powertrain as we know it, through the end of '23," Kuniskis told Motor Authority at the Los Angeles Auto Show this month. "There's two more years to buy a Hellcat, then it's history."

The Hellcat models are the centerpiece of Dodge's rebirth as a performance brand.

Dodge has jettisoned minivans, pickups and front-wheel-drive cars in recent years in favor of two rear-wheel-drive cars — the Challenger and Charger — and one SUV, the Durango.

The visceral whine of the supercharger has become a staple in the brand's advertising for years.

Dodge turned the Hellcat models into aspirational vehicles by featuring them in thrill rides at events such as Roadkill Nights Powered by Dodge in Pontiac, Mich.

The famed 6.2-liter V-8 engine ventured beyond Dodge's muscle cars and made its way into the Durango, Jeep Grand Cherokee Trackhawk and Ram 1500 TRX.

Dodge plans to unveil an electric concept car next year that will give enthusiasts a taste of what's to come when it debuts an electric muscle car in 2024.

A Stellantis product timeline shows Dodge getting a plug-in hybrid model in 2022 that could be a new crossover.



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Hellcat set to burn out at Dodge

The Hellcat era at Dodge is coming to a screeching end.

Dodge CEO Tim Kuniskis told Motor Authority that the supercharged models are in their last days.

Redesigned versions of the Charger and Challenger muscle cars are expected to move to Stellantis' electrified STLA Large platform, which is capable of up to 500 miles of range.

"I will have this car, this platform, this powertrain as we know it, through the end of '23," Kuniskis told Motor Authority at the Los Angeles Auto Show this month. "There's two more years to buy a Hellcat, then it's history."

The Hellcat models are the centerpiece of Dodge's rebirth as a performance brand.

Dodge has jettisoned minivans, pickups and front-wheel-drive cars in recent years in favor of two rear-wheel-drive cars — the Challenger and Charger — and one SUV, the Durango.

The visceral whine of the supercharger has become a staple in the brand's advertising for years.

Dodge turned the Hellcat models into aspirational vehicles by featuring them in thrill rides at events such as Roadkill Nights Powered by Dodge in Pontiac, Mich.

The famed 6.2-liter V-8 engine ventured beyond Dodge's muscle cars and made its way into the Durango, Jeep Grand Cherokee Trackhawk and Ram 1500 TRX.

Dodge plans to unveil an electric concept car next year that will give enthusiasts a taste of what's to come when it debuts an electric muscle car in 2024.

A Stellantis product timeline shows Dodge getting a plug-in hybrid model in 2022 that could be a new crossover.



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Nikola founder Milton unloads $284 million of stock since criminal indictment

Milton made false and misleading statements regarding almost all aspects of Nikola’s business, according to a criminal indictment unsealed in July.



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Tesla works council could be top heavy, German union says

IG Metall said seven Tesla employees, none of whom were its members, had called a meeting to choose a committee to run elections for a works council that would remain in position for at least two years.



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Ford Europe adds V-6 diesel, wider track to redesigned Ranger

Europe's top-selling pickup gets a more powerful turbodiesel engine and new interior tech, as well as a longer wheelbase and a wider track to improve load capacity.



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Musk reaches halfway point in his planned Tesla stock sales

With the most recent disposals, the Tesla CEO has sold 9.2 million shares worth about $9.9 billion.



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Mexican auto workers struggle as chip shortage bites

The temporary plant closures have translated into lost wages for tens of thousands of workers here and across Mexico due to furloughs and layoffs.



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Dealerships acquired in Calif., Ga.

Three dealership groups acquired stores in California in separate deals, while another group added a second Stellantis store in Georgia.



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Diess' future at VW still uncertain, with board talks 'on a knife edge,' report says

The uncertainty over leadership and strategy at VW has left its stock performance trailing behind competitors in the past six months.



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Tuesday, November 23, 2021

U.S. automakers not yet mandating vaccines for union workers

The Detroit 3 and the UAW issued a joint statement that said union auto workers will voluntarily be asked to report vaccination status.



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Brockman has 'aggressive progressive' degenerative illness, medical expert testifies

The hearing to determine whether Bob Brockman can assist in his defense against federal tax evasion charges entered a second week.



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Deliveries of Hummer Edition 1 pickup, with 329-mile range, to start in December

The $112,595 Hummer Edition 1 — the only version available for the first year — will be classified as a heavy-duty pickup, with a tow rating of 7,500 pounds and a 1,300-pound payload capacity.



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U.S. automakers will extend mask requirements at plants

The Detroit 3 and the UAW issued a joint statement that said union auto workers will voluntarily be asked to report vaccination status.



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Tesla employees in Germany plan works council

The Tesla plant near Berlin will employ 12,000 workers, although only about a sixth of that have been hired so far, meaning the election of a works council will not take place soon, IG Metall said.



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