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In the lead-up to a scheduled SPAC merger, Silicon Valley-based startup Plus tested one of its self-driving -
Factory Zero, formerly called Detroit-Hamtramck Assembly, will soon begin building GM’s next generationEnergy Secretary Granholm, touring GM EV plant, touts Biden goal
Auto August 5, 2021 -
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Sales at the ride-control and emissions systems producer rebounded from the pandemic-marred period aSupplier Tenneco narrows Q2 net loss
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Magna had offered to buy rival Veoneer in July for about $3.8 billion in cash. Read MoreQualcomm offers to buy Veoneer for $4.6 billion, topping Magna bid
Auto August 5, 2021 -
Rental car agencies have been stretched by the rapid turnaround in business from the pandemic lows thatAvis Budget Group hits adjusted earnings record on surging consumer demand
Auto August 5, 2021 -
Aptiv raised its forecast for the year and expects to supply more products including connectors, wiringAptiv posts $147 million net profit for Q2, lifts forecast
Auto August 5, 2021 -
“We are looking at locations that would add more technology parks” in the U.S., an LG executiveLG wants its suppliers next to new U.S. battery plants
Auto August 5, 2021 -
Biden, aiming to tackle climate change on multiple fronts, as well as counter China, won the supportBiden to set nonbinding target for 50% EVs by 2030; industry backs goal
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CEO Nikolai Setzer said the chip bottleneck “is clearly being felt” in the supplier’sContinental cuts 2021 vehicle production outlook on chips crunch
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Outgoing CEO Shinji Aoyama, who joined North American operations in 2018, will become the full-time globalAmerican Honda names Noriya Kaihara as new CEO
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The ride-hailing giant spent heavily to lure drivers back in the second quarter, resulting in a wider-than-predictedUber racks up Q2 adjusted loss in an attempt to ease driver shortage
Auto August 4, 2021