• Tue, December 3, 2024

by: Aaron Neefham

In an EV-hype world, automakers are discovering hybrids are hot again

Hybrids are meant to be more fuel efficient than gas- and diesel-powered vehicles and produce fewer carbon emissions.

by: Aaron Neefham

European tier 1 auto suppliers face transformation challenges in 2024

by: Aaron Neefham

EKA appoints Sohel Merchant as Chief Innovation Officer to drive electric mobility solutions

During his time at Tesla, Merchant contributed to the design of the Model S and Model X. These vehicles are recognized for their innovative design and performance standards. His combined experience positions him to lead innovation at EKA.

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

  • Wed, December 4, 2024

by: Aaron Neefham

Automotive enthusiasts, take note! Mobility utsav starts tomorrow

by: Aaron Neefham

A Quarter of New Cars Sold in the UK Were Electric in November

One in four new cars registered in the UK last month were fully electric, a transportation research group said, touting the new figures as evidence that the country's EV sales mandate is working. Most Read from BloombergAs Wars Rage,

by: Aaron Neefham

TOPIX Marine Transportation (ISHIP.T)

by: Aaron Neefham

Will rail nationalisation make any difference?

With inflation currently at 2.3%, travelling by train will cost more in real terms. Not in the short term. Eventually, Network Rail and the public sector train operators are likely to become part of a new organisation called Great British Railways. That requires legislation and it is likely to take a couple of years.

by: Aaron Neefham

Torc Robotics Plans Dallas-Fort Worth, Ann Arbor Offices

The company is shutting down its European operations simultaneously, and existing employees in Europe will have to reapply for new jobs.

by: Aaron Neefham

ASK Automotive Share Price

by: Aaron Neefham

Best car insurance companies of December 2024

Insuring your car has never been more expensive: According to the Department of Labor's Consumer Price Index, average premiums for auto insurance jumped 16.5% between August 2023 and 2024. But ...

by: Aaron Neefham

The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

by: Aaron Neefham

10 Biggest News Stories of the Week: Jeep Grand Cherokee 4xe Finishes Ahead of Subaru Forester

by: Aaron Neefham

Driving The Future Of Transportation With AI-Powered Machines

Recent advancements in AI models, data and computing power have also brought significant changes to the development of self-driving cars, leading to what's being called AV 2.0. For most autonomous vehicles, there are four main components: 1. Perception: What's around me?

by: Aaron Neefham

Auto Industry Outlook Amid Stagnant Sales, Climbing Inventories And Potential Trump Reforms

The auto industry, severely impacted by the pandemic, faces high car prices, high interest rates, and stagnant sales. Check out my analysis of the industry.

by: Aaron Neefham

Automechanika Dubai supports the UAE's eMobility goals with a platform for innovation and collaboration

by: Aaron Neefham

A Look Back at Internet of Things Stocks' Q3 Earnings: Trimble (NASDAQ:TRMB) Vs The Rest Of The Pack

As the Q3 earnings season comes to a close, it's time to take stock of this quarter's best and worst performers in the internet of things industry, including Trimble (NASDAQ:TRMB) and its peers.

by: Aaron Neefham

Sobel Network Shipping Co., Inc. Welcomes Richie Casarez to Lead AOG Operations and Launch Dallas Branch

We are excited to welcome our newest addition to the Sobel Network Shipping Co., Inc. team! Born in El Paso, TX, and raised in Dallas/Fort Worth, Richie Casarez has spent the last 30 years in the DFW area.

by: Aaron Neefham

Pearland Automotive specializes in diagnostics, other services in Pearland

Pearland Automotive opened up in Pearland this past summer and is looking to fill a need in the community, owner Victor Cisneros said.

by: Aaron Neefham

Lubricants Market Global Demand, Opportunities, Trends, Analysis and Forecast 2025 to 2033

by: Aaron Neefham

AUTO RACING: After Verstappen victory, F1 finale in Abu Dhabi brings auto racing season to a close

Max Verstappen hopes to end the Formula One season like he did last year — on a winning streak. Verstappen gained his ninth victory of the season at the race in Qatar on Sunday and the now four-time champion and the rest of the F1 teams will close the campaign in Abu Dhabi.
  • Thu, December 5, 2024

by: Aaron Neefham

Greensboro/Winston-Salem/High Point News

by: Aaron Neefham

Generative AI Creates Challenges And Opportunities For The Entire Automotive Industry

By breaking the traditional link between feature development and vehicle platforms, the SDV architecture relies on software to enable features over the vehicle life cycle. This reduces the cost and complexity of design and production, enables new software-driven revenue, and improves the customer experience.

by: Aaron Neefham

GM to take more than $5 billion in charges on China operations

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

by: Aaron Neefham

Hardware Security Module Market Size Analysis 2025 Competitive Insights, Leading Players, and Growth Opportunities by 2033

by: Aaron Neefham

Auto & Transport Roundup: Market Talk

Find insight on Singapore Post, Stellantis and more in the latest Market Talks covering the Auto and Transport sector.

by: Aaron Neefham

Top Growth Companies With Insider Ownership December 2024

As global markets continue to reach new heights, with major indices like the Dow Jones Industrial Average and S&P 500 hitting record intraday highs, investors are keenly observing the interplay between domestic policies and geopolitical factors that are shaping market sentiment.

by: Aaron Neefham

Continental offloads Zonar Systems to GPS Trackit

by: Aaron Neefham

Energy News | Top Energy Headlines | Reuters

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

Feintool will close one of its sites in Germany and cut its workforce by as many as 200 people due to weakness in demand for electric vehicles and uncertainty over the shift to renewable energy, the Swiss automotive supplier said on Tuesday.
Feintool, a Swiss automotive supplier, announced plans to cut jobs in Germany due to a slowdown in the electric vehicle (EV) market. The company, which specializes in producing parts for electric cars, cited weaker demand for EVs as the primary reason for the layoffs. This decision comes amidst broader market challenges, including reduced EV sales growth and increased competition, particularly from Chinese manufacturers. Feintool aims to reduce costs and restructure its operations to better align with current market conditions, although specific details on the number of job cuts were not disclosed in the report.

Read the Full Reuters Article at:
https://www.reuters.com/business/autos-transportation/switzerlands-feintool-plans-cuts-germany-cites-weakness-ev-market-2024-12-03/