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“We are looking at locations that would add more technology parks” in the U.S., an LG executive […] -
Biden, aiming to tackle climate change on multiple fronts, as well as counter China, won the support […]Biden to set nonbinding target for 50% EVs by 2030; industry backs goal
Auto August 5, 2021 -
CEO Nikolai Setzer said the chip bottleneck “is clearly being felt” in the supplier’s automotive technologies sector. […]Continental cuts 2021 vehicle production outlook on chips crunch
Auto August 5, 2021 -
Outgoing CEO Shinji Aoyama, who joined North American operations in 2018, will become the full-time global officer […]American Honda names Noriya Kaihara as new CEO
Auto August 5, 2021 -
The ride-hailing giant spent heavily to lure drivers back in the second quarter, resulting in a wider-than-predicted […]Uber racks up Q2 adjusted loss in an attempt to ease driver shortage
Auto August 4, 2021 -
Automakers are barreling ahead on electrification and autonomous technologies, but policy experts say some private-public teamwork is […]Industry's transformation may hinge on policy teamwork
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Suppliers might also have to look for component solutions far outside their wheelhouses. Read MoreThe secret of innovation in the new era? Move fast
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First-half results rose to a record after the semiconductor shortage disrupted production of new cars, shifting demand […]VW to hit finance profit target years early on used-car boom
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The automaker now expects to earn as much as $13.5 billion in adjusted earnings this year, compared […]GM earns $2.8B in Q2, raises full-year forecast
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Zapp plans to debut its i300 EV scooter in Paris this year and will expand to the […]Former GM exec advising electric scooter company
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SK investors reacted badly to the plan. They would have preferred a clean spin-off that would have […]SK Innovation to split battery business as EV demand rises
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The automaker raised its full-year profit forecast but cautioned that the chip shortage and rising COVID-19 cases […]Honda swings to operating profit on COVID rebound
Auto August 4, 2021