Saturday, November 27, 2021
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Ford

Ford and GlobalFoundries partnership aims to cut into chip shortage

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On Thursday, Nov 18, Ford Motor Company and GlobalFoundries announced an initiative to boost the supply of much-needed semiconductor microchips for US manufacturing. The two companies will collaborate “to advance semiconductor manufacturing and technology development” at home in the U.S. with the goal of boosting quantities in the supply chain and taking back control. According […]
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infotainment

Infotainment issues are top problems in newest J.D. Power Initial...

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Stellantis brands received accolades with their Ram and Dodge brands taking first and second spots in the 2021 US Initial Quality Study by J.D. Power, although the Chrysler brand pulled up at the back of the pack. The Nissan Maxima received top honors for the model with the best initial quality. Overall, the brand rankings […]
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standards

Proposed 2026 fuel economy standards put pressure on automakers and...

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On August 5, the NHTSA under the Biden Administration announced they would be seeking new, stricter fuel economy standards for all new light vehicles. The proposed standards repeal the loosened fuel economy rules from the Trump era and aim to set the fleet average economy at 52 miles per gallon by 2026. As the NHTSA […]
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Stellantis

Stellantis to invest $35 billion in EV development through 2025

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On Thursday, Stellantis announced a comprehensive electrification plan for all 14 brands at their EV Day 2021 virtual event. Stellantis CEO Carlos Tavares detailed the carmaker’s intentions to invest $35 billion in EV development through 2025 with their global sights set on EVs comprising 70% of their European sales and 40% of North American sales […]
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EVs

Newly proposed EV legislation sparks controversy

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As the push towards the electrification of the auto industry continues, questions about incentives and discounts remain a point of contention for lawmakers, automakers, and consumers. Back in April, the Senate Finance Committee voted to advance the Clean Energy for America Act, which the committee said would “consolidate current energy tax incentives into emissions-based provisions […]
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Fisker

Fisker and Magna International finalize manufacturing agreement 

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Fisker Inc. and Magna International Inc. have signed an agreement that has been in the works since last year. The companies plan on starting their collaboration with the production of Fisker’s upcoming electric Ocean SUV, but the contract also leaves room for the production of new models co-created between the two companies throughout the duration […]
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Hyundai

Hyundai to recall 82,000 EVs for fire risk

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Hyundai is recalling more than 82,000 electric vehicles globally due to a risk of fire. The recall campaign comes after 15 vehicle fires occurred among the relatively new segment of EVs in their lineup with batteries manufactured by LG Chem at a Nanjing, China factory. At the heart of the recall are the Hyundai Kona […]
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vehicle

Used Vehicle Demand in the US is Shaking Up Inventories

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With costs of new vehicles rising and consumers’ pocketbooks still being strained by the coronavirus pandemic, used vehicle demand has significantly spiked since the COVID-19 pandemic began. Inventory of new cars is becoming an issue for dealers now, seeing as manufacturing plants were shuttered for several weeks earlier in the year and production still has […]
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manufacturing

7 New and Exciting Trends in Automotive Manufacturing and Retailing

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Automotive manufacturing and retailing have changed dramatically over the last 5-10 years. Technology is advancing at a break-neck pace. Self-driving cars, electric vehicles, and changing mobility habits are paving the way to the new future of automotive manufacturing. Here’s a look at 7 of the most exciting new trends in automotive manufacturing and retailing. Self-Driving […]
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domestic vehicle

Why the Industry is Seeing Decline in Domestic Vehicle Sales

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Heading into the end of the year, the US domestic vehicle market has declined noticeably, a trend expected by many to continue. For some, the drop comes as no shock. Though the automotive industry has experienced record growth since 2010 as the country moved out of the recession, after roughly seven years it is unsurprising […]
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