A big part of Audi Dominion's staff is fluent in Spanish, and that's a big part of the reason for the Texas store's sales success.
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A big part of Audi Dominion's staff is fluent in Spanish, and that's a big part of the reason for the Texas store's sales success.
Lidar company Cepton has a contract with GM and wants to use CES to sign up more customers in 2023.
Amid a rapidly changing automotive landscape, CES provides a broad venue for parts suppliers to lay out their visions of the future.
Steve Kiefer quit his job leading international operations at General Motors to focus on improving distracted driving laws.
Autonomous race cars are getting closer to behaving like their human-driven counterparts. The next event takes place at CES in Las Vegas.
Prices of used Teslas are falling faster than those of other automakers and the EVs are languishing on dealer lots longer.
EVs from BMW and Stellantis will be among the transportation innovations unveiled at CES in Las Vegas as global electrification trends intensify.
The Supply Chain Disruptions Relief Act, designed to give dealerships that use the "last in, first out" inventory accounting method tax help as they restock their inventories.
The Supply Chain Disruptions Relief Act, designed to give dealerships that use the "last in, first out" inventory accounting method tax help as they restock their inventories.
The new crashes under investigation include an eight-vehicle crash in San Francisco in which the driver of a 2021 Tesla Model S reported the Full-Self Driving feature had malfunctioned, according to a police report.
The McLaren Artura, which suffered software and supply chain delays that pushed back its launch, has been recalled for faulty nuts.
SHANGHAI -- Tesla Inc.'s China chief Tom Zhu and a team of his reports has been brought in to troubleshoot production issues in the United States, fueling talk among colleagues he is being groomed for a bigger role at a time when CEO Elon Musk has been distracted by Twitter.
Zhu, who heads Tesla's Asia operations, has been traveling with a team including Shanghai gigafactory manager, Song Gang, to Tesla's plants in California and Texas, and was there as recently as last week, according to two people with knowledge of the matter. Both asked not to be named because they were not authorized to speak to the media.
Tesla did not respond to written requests for comment from Reuters sent to its Shanghai and global media relations accounts. Musk did not respond to a Reuters' email seeking comments for the story. Zhu and Song could not be reached for comment.
Under Zhu, Tesla Shanghai rebounded strongly from lockdowns this year to bring Tesla close to its growth target for 2022 of 50 percent production growth. Analysts expect output to fall short at closer to 45 percent, based on forecasts for the just-concluding fourth quarter.
Zhu and others made their first trip to the United States for Tesla this year in August, one of the people said, at a time when the company has some key management roles there unfilled.
Among the projects the Shanghai team have worked on is Tesla's long-delayed Cybertruck, its next new model, a third person said.
Tesla's Austin plant is ramping up production of the Model Y and readying the Cybertruck. The Fremont plant is preparing to launch a new version of the Model 3, which will start production in Shanghai next year, Reuters has reported.
Some Tesla investors and analysts have voiced concerns about Musk's distraction following his acquisition of Twitter in October and the depth of the executive bench at the electric-car company.
Bloomberg reported this month that Zhu was helping to run the Austin plant. However, Zhu's colleagues in Shanghai believe he is in line for a more senior and wider-ranging role at Tesla, the two people said.
A close aide to Zhu in Shanghai circulated a farewell poem for the China boss in recent weeks on social media, anticipating his new assignment, according to the message reviewed by Reuters.
On the road
At the Austin factory, Chinese engineers were seen by people at the plant working in the area reserved for development of the Cybertruck and batteries, a third person with knowledge of operations there said. Tesla has targeted production of the Cybertruck next year.
At Fremont, Calif., Chinese staff have been working on Model Y underbody assemblies, according to another person with knowledge of their work there.
When Tesla posted a picture on Twitter on Friday to celebrate Austin hitting a new production milestone of 3,000 Model Ys in a week -- still less than a third of the weekly output of Shanghai last quarter -- Zhu was shown smiling with hundreds of people on the factory floor.
Zhu, who was born in China but now holds a New Zealand passport, is a no-fuss manager who favors Tesla-branded fleece jackets and lives in a government-subsidized apartment a 10-minute drive from the Shanghai Gigafactory, according to people who work with him and his comments to Chinese media.
When Musk sent a memo in early June warning he had a "super bad feeling" about the economy, Shanghai was on track to end the quarter down 36% from the quarter before because of COVID lockdowns, data released later showed.
With help from Shanghai officials, Zhu restarted operations by asking thousands of workers and suppliers to stay at the factory for more than six weeks.
Zhu himself opted to stay longer, sleeping at the factory as Musk had in 2018 when Fremont was struggling to ramp production, two people with knowledge of the events told Reuters.
Roaring back
Shanghai, a complex that employs some 20,000 workers, came roaring back in the third quarter, with output of the Model Y and Model 3 up over 70 percent on the quarter.
Through September, Shanghai accounted for more than half of Tesla's output.
The plant has excelled in applying cost-saving, factory-floor innovations for Tesla, including the use of massive casting machines to simplify production.
"The manufacturing people who led that push are obvious choices to spread the production gospel into the other new plants," said Sam Fiorani, who tracks production trends Auto Forecast Solutions.
Tesla board member James Murdoch said last month the company had recently identified a potential successor to Musk without naming the person. Murdoch did not immediately respond to a request for comment.
Reuters has no evidence that Zhu is the possible candidate.
"With Elon Musk's attention currently being pulled in a number of directions, finding someone to help guide Tesla is important, especially someone with the manufacturing know-how that Tom Zhu has," Fiorani said.
Some investors are skeptical that Zhu alone could turn things around: "In America, doing business is very, very different than running a factory in China," Ross Gerber, a Tesla investor and CEO of Gerber Kawasaki Wealth and Investment Management said on Twitter Spaces on Tuesday. "So I think Elon needs to be at Tesla."
CarMax's net income plunged 86 percent to $37.6 million during the quarter ended Nov. 30. Net revenue fell 24 percent to $6.5 billion, the company said.
Tesla investors are confronting a new reality after CEO Elon Musk bought Twitter and competition intensifies from established major automakers.
The discount Tesla is dangling on new Model 3 sedans and Model Y crossovers is double what the company was offering earlier this month, and likely has to do with changes to U.S. tax credits that take effect in 2023.
Stellantis, Acura, Ford, Kia and Volkswagen dealerships traded hands in four states in third-quarter and fourth-quarter transactions.
Paul Blanco and co-owner Putu Blanco said they were worn down by the state into settling and denied the behavior the court said had been stipulated by Paul Blanco's Good Car Company Auto Group.
BMW intends to duplicate Solid Power's pilot production lines at its own facility in Germany and produce prototype cells based on Solid Power’s proprietary technology.
Musk plans to retain control over Twitter’s engineering teams even after a new CEO is appointed.
The auto industry lost several of its well-known stars this year, along with influential voices and faces from decades past.
Song, who has been with Hyundai Motor Group since 1993, will retain his COO role with the luxury brand.
Wells Fargo has been trying to resolve a raft of scandals that began in 2016 with the revelation that the bank opened millions of bogus accounts.
Acura will unveil the ZDX and ZDX Type S electric crossovers next year, which will share many of styling cues shown on the Precision EV Concept. The EV is expected to go on sale in the fall of 2023 as a 2024 model year vehicle.
The agency said the issue involved Ford Explorers and Nissan Altimas, but did not disclose the number of vehicles involved. The recall issues involved include latches and locks, NHTSA said.
The changes come after a top executive said the automaker is suffering "flat-out chaos" in the supply chain.
Treasury had been required to issue proposed guidance by Dec. 31. The delay impacts some of the rules for EV incentives between Jan. 1 and the time the guidance will be issued next year.
Cavender Auto Family, in its latest acquisition, added Subaru, Chevy and Buick-GMC dealerships, more than doubling its dealership count in Oklahoma.
Renesas, the world's top maker of automobile chips, said Monday it was making up for lost output with existing stock and did not expect much of an impact from the brief stoppage.
Users cast more than 17.5 million votes, and 57.5 percent were in favor of him relinquishing his role as Twitter CEO.
Automakers expect to cut fewer than 3 million vehicles from their production schedules because of the microchip shortage in 2023, a significant improvement from this year.
A Cox Automotive employee was shot Dec. 15 in Alabama. Responding police say the shooting was a result of road rage.
Caution ahead: Venture capitalists say EV and transportation tech investments face headwinds, more scrutiny
Tesla's annual holiday software update finally brings Apple Music to Tesla infotainment, along with in-car Zoom meetings, an exterior light show and a live camera feed for monitoring four-legged friends.
The episode is being regarded by critics as fresh evidence of Musk, who considers himself a "free speech absolutist," eliminating speech and users he personally dislikes.
Around 1,600 of the automaker's more than 2,600 U.S. dealerships have begun using the in-house financing arm since its launch just over a year ago.
The comedian and former NADA Show headliner joked that the worst part was seeing so much expensive gasoline go to waste.
Volkswagen shareholders renewed their criticism of CEO Oliver Blume's dual roles on Friday, even as they rubber stamped a roughly 9.6 billion euro ($10.2 billion) special dividend following the Porsche AG listing.
A top Ritchie Bros. shareholder is opposing a takeover of auto salvage and parts auction company IAA Inc., a business it calls "distinctly inferior."
Tesla is building 3,000 Model Y crossovers a week at its new Austin, Texas, factory — a sign the EV maker is making up for lost time.
Oliver Blume said the group was strong after he reshuffled senior roles, defined the automaker's strategy for China and North America, and revised its software and platform strategy.
Despite saying it had "substantial doubt" about its ability to continue as a going concern last month, Faraday Future hopes to continue with fresh funding.
Infineon expects to benefit from Diess's experience as a top executive at VW and BMW.
Chevy, Ford, Mitsubishi and Buick-GMC dealerships traded hands in third- and fourth-quarter deals across five states. Lithia Motors was the seller in one deal.
U.S. auto safety regulators said they have opened a formal safety probe into the autonomous driving system in vehicles produced by General Motors' robotaxi unit Cruise LLC.
Ford Motor Co. has raised the price of the cheapest variant of its F-150 Lightning electric truck 9 percent to $55,974, according to the company's website.
Jonathan Sobel's group's purchase of Porsche, Audi and Volkswagen dealerships follows a $70 million investment from Franchise Equity Partners in October.
Tesla wants to double the capacity of its plant near Berlin to over a million cars a year, pending approval from local authorities.
Elon Musk's sale of almost 22 million Tesla shares for $3.58 billion comes as stock in the company has plunged 55 percent this year on concerns over the CEO's purchase of Twitter.
A 40-year-old man was transported to a hospital and pronounced dead, police said. A 29-year-old suspect was apprehended at the scene.
The renamed Audi Q8 E-tron began salable production Wednesday at its home plant in Brussels. Better engineering and battery construction have boosted the crossover's range up to 600 kilometers under the European testing cycle, Audi says.
Stellantis is overhauling its China strategy and has agreed to a bankruptcy petition at a longtime Jeep venture.
Mercedes' plan will include investing in battery assembly, electric drive units, and axles from 2024.
CEO Oliver Blume's latest management changes aim to improve coordination and synergies between the VW, Audi and Porsche brands.
Ellis Automotive founder Jim Ellis, a longtime Georgia car dealer, died just weeks after his son, Jimmy Ellis.
The CX-90 will be Mazda's first nationally available electrified vehicle. It plays a critical role in moving the brand's image upmarket as it dives deeper into electrification.
The plant supplies seats for the Jeep Wagoneer program at Stellantis' Warren Truck Assembly Plant. Forvia recently changed its name from Faurecia following its acquisition of Hella.
As things currently stand, lithium ion battery prices are the biggest obstacle to widespread EV adoption and reduced tailpipe emissions.
The technology relies on software-based algorithms, hardware and sensors that are integrated into the robot arms.
The Musk Foundation held $9.4 billion in assets at the end of 2021, according to a tax filing obtained by Bloomberg News. It sent about $160 million to nonprofits last year.
It was Asbury's second big batch of divestitures this year.
News that Belvidere Assembly in Illinois will halt production early next year came a week after state lawmakers approved expanding tax incentives available to retool it for EVs.
EV battery makers will need to learn to manage data in new ways and consider different business models in order to bring new technologies to market faster, executives said.
Stellantis is looking to solar power to help cut its carbon footprint, and has made a clean energy commitment to add 400 megawatts of new solar projects in Michigan.
Toyota is expected to outline adjustments to its electric-vehicle strategy to key suppliers early next year.
The U.S. Energy Department said it finalized a $2.5 billion loan to a joint venture of GM and LG Energy Solution to help pay for three new lithium-ion battery cell plants.
Six newcomers will be sworn in on the 14-member board as several races head to runoffs in January.
Tom Carl, who has spent nearly 18 years in a TV newsroom in Hartford, Conn., has joined Automotive News as visual operations manager.
U.S. inventory grew by another 150,000 vehicles last month to reach 1.61 million, giving dealers their best supply of new vehicles all year going into the last few weeks of 2022.
The configurator for the new Corvette E-Ray briefly appeared online before going dark, CorvetteBlogger.com reported, confirming the long-rumored name.
In a statement Friday, American Honda Motor Co. said the Accord had been under recall since April 2011 for replacement of the original Takata driver's side airbag inflator.
Shareholders of Shift Technologies and CarLotz approved the merger agreement during a special meeting.
Three established dealership groups expanded with store acquisitions, while a former used-vehicle store owner bought his first franchised new-car dealership.
U.S. auto safety regulators posed fresh questions to roughly a dozen automakers and parts suppliers in a long-running probe of air-bag inflators that could explode in a crash.
Her move won't affect the overall control of the Senate next year. She doesn't intend to caucus with the Republicans.
The UAW won an election at a GM and LG Energy Solution Ltd. electric-car battery plant in Lordstown, Ohio, giving the union its first win in a factory of that kind.
The congressional shakeup could diminish the swing-vote influence of dissenting Democrats such as Sen. Joe Manchin, while boosting the profile of members such as Georgia Sen. Raphael Warnock, whose state has landed multibillion-dollar investments from the electric vehicle industry, including from Hyundai and Rivian.
Finding ways to effectively recycle electric vehicle batteries will be crucial for the auto industry as it looks to figure out where it will source critical materials in 2030 and beyond.
Cox Automotive said its Manheim Used Vehicle Value Index fell just 0.3 percent in November from October, following more substantial declines earlier in the autumn season.
High cost and limited data transmission capacity can make in-vehicle satellite-based Internet service challenging.
Falling battery prices have helped the auto industry’s move toward electrification and more affordable EVs, but prices now seem to be going in the opposite direction.
Tesla has been trying to increase output at its new Texas factory which builds the Model Y SUV.
Deering, who joined Ford in early 2021 from eBay, was among Jim Farley's first hires as CEO. Ford will announce her replacement later.
Some of Carvana largest creditors have signed a pact binding them to act together in negotiations with the company, a move meant to prevent the kind of nasty creditor fights that have complicated other debt restructurings.
Apple executives are grappling with the reality that the company's vision for a fully autonomous vehicle — without a steering wheel or pedals — is not feasible with current technology.
A new report on Tuesday suggests that nearly every major automaker has significant exposure to products made with forced labor in China's Xinjiang region.
Takefumi Shiga, a longtime Toyota executive, will succeed Toshio Niimi as executive vice president for production engineering and manufacturing with Toyota Motor North America, effective Jan. 1.
Envision AESC's 1.5-million-square-foot battery factory in Florence, S.C., will create 1,170 jobs and build a next-generation lithium ion cell for BMW.
Honda regains its top-five spot in the latest National Automobile Dealers Association's Dealer Attitude Survey, following an unusual drop to No. 6 in a previous survey.
Electric vehicles battery makers will need to respond to climate change and sustainability goals by disclosing their carbon footprints and reducing the use of rare metals, according to a senior executive at Panasonic's battery unit.
Aurora CEO Chris Urmson pushes company into autonomous trucking as quickest path to profitability.
General Motors' Scott Miller and Sanjay Ravi with Microsoft told Automotive News Congress that the foundations for a vastly changed digital automotive ecosystem are being laid now.
"Everybody's got a fighting chance," North American COO Mark Stewart said of the brands brought together by combining FCA and PSA.
Toolmakers are seeing a wave of new business headed their way — a sign automakers are about to get busier.
When the auto industry trains its product development guns on a component, that item usually gets smaller, lighter, simpler, more powerful and more efficient. That's what's happening today to the electric motor, which is really just now starting what will likely be a very long journey in the automobile.
Ford Pro, the automaker's unit focusing on commercial customers, has signed a memorandum of understanding with Deutsche Post DHL Group to supply the German courier service with 2,000 electric vans.
North American auto plants are holding firm on their production schedules this week, but the microchip shortage is still hovering over the year.
Used-vehicle prices are dropping, but models are likely to hold more value through at least 2025 than they did pre-pandemic, according to experts from J.D. Power and Black Book.
Dealership group AutoNation sees recently acquired CIG Financial as a potential revenue source and strategic asset.
President Ray Curry will go head-to-head with challenger Shawn Fain after neither got a majority of votes. The union's secretary-treasurer and three regional directors lost outright.
Used-vehicle prices are dropping, but models are likely to hold more value through at least 2025 than they did pre-pandemic, according to experts from J.D. Power and Black Book.
Group 1 Automotive has acquired a Mercedes-Benz dealership, which it says is its 17th store selling the brand.
Security researchers discovered a flaw in SiriusXM service to remotely operate Honda, Hyundai, Nissan and Toyota models.
The increased investment in the Ultium Cells plant in Spring Hill will add 400 jobs and increase annual production capacity at the battery plant from 35 to 50 gigawatt-hours.
Security researchers discovered a flaw in SiriusXM service to remotely operate Honda, Hyundai, Nissan and Toyota models.
McLaren's heritage vehicles include 54 rare Formula 1 racing cars and F1 supercars, according to its 2021 annual report.
The Senate passed legislation to avert a crippling U.S. rail strike on an 80 to 15 vote and sent the measure to President Joe Biden for his signature.
Short-seller Fuzzy Panda Research said Fisker's access to its funds is limited because of undisclosed bank guarantees to protect Magna Steyr, which is building the Fisker Ocean electric SUVs.
Women inside and outside the auto industry shared ideas on collaboration and innovation for future success.
Volume jumped 10 percent at Toyota, 43 percent at Hyundai and 25 percent at Kia as production and inventory improved. Mazda deliveries surged 31 percent. Honda fell 6.1 percent.
Volume jumped 10 percent at Toyota, 43 percent at Hyundai and 25 percent at Kia as production and inventory improved. Mazda deliveries surged 31 percent.
Subscribers can use a new dashboard feature to pin specific data points that are relevant to their role in the industry.
The Lightyear 0 can charge up to 70 km (43 miles) of driving range each day using curved solar panels across the hood and roof.