• Mon, December 2, 2024

by: Aaron Neefham

Aramco acquires 10% stake in Horse Powertrain to advance low-emission mobility solutions

Renault Group and Geely each retain 45% ownership of Horse Powertrain. Aramco's involvement seeks to leverage its research and development expertise and explore innovative approaches to reduce transport emissions,

by: Aaron Neefham

About New Scientist magazine

by: Aaron Neefham

SmartDV Licenses SDIO IP to RANiX for V2X Solutions

by: Aaron Neefham

SmartDV Licenses SDIO IP Family to RANiX for V2X Products

by: Aaron Neefham

IIMAESL to hold AutoTechniCar 2025 exhibition from Jan. 10-12 at BMICH

by: Aaron Neefham

'Impossible to stay competitive': How shifting industry trends closed Strasburg's IAC plant

At its peak, the International Automotive Components factory in Strasburg housed more than 1,200 employees operating in nearly 500,000 square feet of space.

by: Aaron Neefham

Smart Manufacturing And Mobility Leaders: Adapt With Tech In 2025

Asset-intensive industries like manufacturing and transportation quickly feel the pain when energy ... and Tesla have all tested their humanoid robots in automotive plants. These robots have a wow factor, but they may not have the best form factor for ...

by: Aaron Neefham

Stellantis workers react to CEO stepping down

After serving as CEO of Stellantis for nearly four years, Carlos Tavares is resigning from his role with the automotive manufacturing company. According to a release from the company, Tavares' resignation was accepted by the Company's Board of Directors and is effective immediately.

by: Aaron Neefham

Detailed Deck View Emerges Of China's Mysterious Aircraft Carrier-Like Ship

Additional photos provide a more detailed look at the mysterious Chinese flattop that TWZ was first to report on, and which recently went to sea, apparently for its first trials. While the exact function of this vessel remains murky,

by: Aaron Neefham

L.A. Company Develops Tech that Allows Cars to "Talk" to Drivers

Los Angeles-based SPARQ is reimagining the relationship people have with their cars with the introduction of SPARQ Diagnostics, announced by a press release.

by: Aaron Neefham

Emerald upfits Class 3 EV reefer truck

New collaboration with Mullen Automotive and the Papé Group is advancing the sustainable and efficient transportation of perishable goods.

by: Aaron Neefham

Global Auto Study 2024: Key Trends & Regional Results

Riemer discusses electrification, connectivity and autonomous driving among the topics in his trend analysis for 2025.

by: Aaron Neefham

Drive Your Business Forward With These 3 Automotive Trends

Focusing on these three areas—safety, speed and connectivity—can help push your business to the next level, foster growth and help you stay ahead of competitors.

by: Aaron Neefham

Jaguar's concept car leaked ahead of official reveal

Jaguar's highly anticipated concept car has surfaced online just hours before its official debut tonight at Miami Art Week.

by: Aaron Neefham

Here's how Trump could affect Tennessee auto industry, businesses see sluggish EV sales

Electric vehicle domination is still decades out, but experts say Tennessee is among the states leading the way. Here's how.

by: Aaron Neefham

Stellantis and Samsung Will Get $7 Billion to Build Battery Factories

The loan, from the Biden administration, was designed to withstand Republican attacks and will be used to make electric-car batteries in Indiana.

by: Aaron Neefham

Aramco completes acquisition of 10% stake in Horse Powertrain Limited

by: Aaron Neefham

Talk it Out NC Guides Families Through Dangers of Underage Drinking During National Impaired Driving Prevention Month

by: Aaron Neefham

RPM Announces Strategic Relocation to Birmingham, Catalyzing Continued Growth and Innovation in Automotive Logistics

by: Aaron Neefham

Automotive Memory Market Size, Outlook, Segmentation Analysis, Share, Drivers and Forecast 2032

by: Aaron Neefham

Electric and Hybrid Vehicles

by: Aaron Neefham

Trump's Trade Threats: 21 Ways American Households Could Pay the Price

by: Aaron Neefham

Cartime grows business with fourth supermarket in Nelson

by: Aaron Neefham

Kremlin 'continues to support' Syria's Assad amid opposition gains

Russia has continued to support Syria's Bashar Assad after a rebel groups' offensive last week claimed swathes of territory from

by: Aaron Neefham

Crash prevention technology shows 'huge potential,' but the roadmap is up for debate

by: Aaron Neefham

Innovation minister Champagne doubles down on EV plan, says critics lack 'vision'

François-Philippe Champagne dismissed detractors of government's embattled $100 billion strategy to build an EV ecosystem, arguing sector will create competitive advantage for the country "for decades to come — but not overnight,

by: Aaron Neefham

Seeking higher margins, Stellantis CEO Tavares lost some core customers

When 24-year-old Elena Aragon set out to buy a new car, she reviewed a range of no-frills brands in her home town of Cadiz, Spain, including Stellantis' Fiat and Peugeot.
  • Tue, December 3, 2024

by: Aaron Neefham

GPS Trackit Acquires Zonar in 'Significant Step Forward' for Fleet Management

Zonar Systems has merged with GPS Trackit, an award-winning provider of IoT and GPS fleet tracking technology. Together, the two companies aim to form a comprehensive platform to serve fleets of all sizes, including commercial, field services, and passenger transportation industries.

by: Aaron Neefham

GPS Trackit Acquires Zonar to 'Revolutionize Fleet Management'

Zonar Systems has merged with GPS Trackit, an award-winning provider of IoT and GPS fleet tracking technology. Together, the two companies aim to form a comprehensive platform to serve fleets of all sizes, including commercial, field services, and passenger transportation industries.

by: Aaron Neefham

30 Under 30 Transportation & Mobility 2025: These Young Founders Are Going Places

From electric vehicle charging services to more efficient maritime shipping to next-generation traffic barriers, these young entrepreneurs are finding new ways to power and move people and goods.

by: Aaron Neefham

2 Disruptive Growth Stocks With Room to Run

With a Food and Drug Administration (FDA) End-of-Phase 2 meeting scheduled for Q4 and strong efficacy data across its clinical pipeline, Viking represents an intriguing opportunity for investors seeking focused exposure to next-generation metabolic therapeutics.

by: Aaron Neefham

Chariots 4 Hope ceremony empowers individuals to overcome transportation obstacles through dedication

A Local group is making a big impact by helping people overcome transportation challenges. Chariots 4 Hope held a special blessing ceremony on Tuesday at Dahl Automotive. A Subaru was donated to one of the attendees who completed the six-month vehicle ownership program as part of the ceremony.

by: Aaron Neefham

Driving the Future: How 5G is Pioneering the Automotive Industry

by: Aaron Neefham

Continental Sells Zonar to GPS Trackit

by: Aaron Neefham

Lion Electric Falls Apart In Joliet: No More Electric Buses Here

A Canadian news site broke the news revealing that Joliet's manufacturing location will no longer be making any more electric school buses.

by: Aaron Neefham

India's Logistics Sector To Reach ?47.12 Lakh Crore By 2030, Driven By Technology And Policy Reforms: Study

Mumbai: India's logistics sector, already one of the largest in the world, is undergoing a profound transformation. A study — named "a report on future talent requirements in logistics" — by a group of academics and experts in the logistics sector reveals that the sector is set to reach a market value of ₹47.

by: Aaron Neefham

NSH USA planning $7 million expansion in Menands

The former Simmons Machine Tool, which makes machines used to service parts like railway wheels, wants to break ground next year on 18,000-square-foot expansion

by: Aaron Neefham

Why It's So Frickin' Hard to Stop Driving

A 2016 study of the United Kingdom, where alternatives to driving are more plentiful than in the United States, found that only 1 in 10 car commuters shifts to another mode annually. But under certain circumstances,

by: Aaron Neefham

Andile Ngcaba's Ctrack acquires Inseego's telematics business

The acquisition enhances Ctrack's presence in critical markets, including the UK, Belgium, France, Germany, the Netherlands, Australia, and New Zealand.

by: Aaron Neefham

Kickstart: Bumpy roads for auto industry

Carlos Tavares' resignation from Stellantis wasn't completely unexpected. Tavares had ruffled feathers with car dealers while suing suppliers over price disputes.

by: Aaron Neefham

This Fascinating Road Trip Will Take You To 12 Of Michigan's Most Hidden Car Museums

This road trip through Michigan takes you to 12 hidden car museums filled with historic vehicles, innovative designs, and fascinating stories. From the roaring engines of yesteryear to the sleek designs that shaped our roads, these 12 museums are the perfect pit stops for anyone looking to fuel their passion for all things automotive!

by: Aaron Neefham

This Car Lover's Road Trip Will Take You To 12 Of Michigan's Most Jaw-Dropping Automotive Museums

This car lover's journey through Michigan takes you to 12 jaw-dropping automotive museums, showcasing everything from vintage classics to futuristic designs! Ladies and gentlemen, start your engines and head to the Gilmore Car Museum in Hickory Corners. This isn't just a museum; it's a time machine on wheels.

by: Aaron Neefham

Why GM could suffer under Trump policies to 'save' Detroit automakers

It might seem like U.S. President-elect Donald Trump's plan to gut automotive emissions restrictions and fuel-efficiency standards would be a boon to General Motors , America's leading purveyor of full-sized trucks and SUVs and its biggest tailpipe polluter.

by: Aaron Neefham

Why Europe's Vaunted Car Industry Is in Crisis, in Charts

Europe's carmakers used to rule the world but now they are fighting battles at home and abroad.

by: Aaron Neefham

12 Fascinating Car Museums In Michigan That Will Rev Up Your Excitement

The Gilmore Car Museum in Hickory Corners is the Disneyland of classic cars. Spread across a sprawling 90-acre campus, it's got more vintage vehicles than you can shake a dipstick at. Picture this: a dozen buildings, each packed with automotive eye candy.

by: Aaron Neefham

12 Hidden Automotive Gems In Michigan Where You'll Discover Classic Cars

Fasten your seatbelts, car enthusiasts! We're about to embark on a rubber-burning journey through Michigan's automotive wonderland. From Model T's to muscle cars, these 12 hidden gems will rev up your engines and transport you to the golden age of American automobiles. Buckle up, folks!

by: Aaron Neefham

Switzerland's Feintool plans cuts in Germany, cites weakness in EV market

by: Aaron Neefham

Turkish auto sales rise 5.3% year-on-year in Nov, association says

Sales of passenger cars and light commercial vehicles in Turkey rose 5.3% year-on-year in November to 121,094 units, the Automotive Distributors and Mobility Association said on Tuesday.

Seeking higher margins, Stellantis CEO Tavares lost some core customers

When 24-year-old Elena Aragon set out to buy a new car, she reviewed a range of no-frills brands in her home town of Cadiz, Spain, including Stellantis' Fiat and Peugeot.
The article from Reuters discusses how Carlos Tavares, CEO of Stellantis, has acknowledged that the company's strategy to focus on higher-margin vehicles has led to the loss of some core customers. During a media roundtable in Auburn Hills, Michigan, Tavares admitted that while the shift towards more profitable models was necessary for financial health, it has resulted in a disconnect with customers who preferred the company's more affordable offerings. He emphasized the need to balance profitability with maintaining a broad customer base, especially in light of the competitive pressures in the automotive industry and the transition to electric vehicles. Tavares also highlighted the importance of not alienating loyal customers as the company navigates through these changes.

Read the Full Reuters Article at:
https://www.reuters.com/business/autos-transportation/seeking-higher-margins-stellantis-ceo-tavares-lost-some-core-customers-2024-12-02/