Wed, December 18, 2024

by: Forbes

U.S. Auto Industry At Competitive Risk Asserts Blunt Report From Execs

The auto industry is at risk from an assortment of technical, political and philosophic challenges, asserts a "white paper" from a conference of top auto execs.
Tue, December 17, 2024

by: Detroit News

Why it's impossible to make a car without China, regardless of tariffs

Beyond China's global dominance in electric vehicle batteries, the auto industry relies on it for other key parts up and down the supply chain.

by: The New York Times

Honda and Nissan Are in Talks to Deepen Ties and Possibly Merge

The automakers, Japan's second- and third-largest, are said to be discussing a tie-up that could reshape the country's industry.

by: USA Today

Consumers shift to smaller, cheaper vehicles in 2024 as affordability reshapes auto market

Consumers have spoken this year, and the message to automakers has been clear: "Those with a strong, affordable portfolio probably had the best (sales) year this year," said Charlie Chesbrough, senior economist at Cox Automotive. In its final forecast for ...

by: WSYM-TV

R.E Olds Museum celebrates the 120th anniversary of REO Motor Car Company

At one point, REO Motor Car Company employed 10% of the Lansing population and today, the R.E. Olds Museum is recognizing the impact the company had on the auto industry and Lansing.

by: Investopedia

Four Market Trends to Track if You're Thinking About Buying a Car in 2025

Market trends have lately been shifting in drivers' favor, according to Cox Automotive, a software firm serving the auto industry, and that momentum is expected to carry into next year.

by: Bridge Magazine

Report: Michigan mobility jobs grow as traditional auto employment falls

As transportation evolves, job growth needs to focus on the full range of mobility employment, a new report from MichAuto says.

by: CCJ

5 ways AI-powered demand forecasting is changing the future of logistics

Discover how AI-powered solutions are transforming the vehicle logistics industry. Learn about the benefits of predictive analytics, real-time adjustments, and optimized inventory management.

by: U.S. News & World Report

Why Is Tech Giant SoftBank Investing Over $100 Billion in the US?

Royalties and licensing related to its holdings in the UK-based computer chip-designing company Arm, whose business spans smartphones, data centers, networking equipment, automotive ... affecting every industry, from transportation and pharmaceuticals ...

by: Arab Times

Alghanim Industries and BYD Unveil Landmark Showroom in Kuwait

Alghanim Industries, (Kutayba Alghanim Group), one of the largest privately-owned companies in the MENA region, celebrated the grand

by: After Market News

AMN Year in Review: Top Manufacturing News of 2024

AAPEX 2024 may have come and gone, but there's still much to learn from the automotive aftermarket's busiest week. AAPEX offers a unique opportunity to connect with the industry's best and brightest, share a drink with colleagues at the welcome reception, and discuss where the aftermarket is headed.

by: Seeking Alpha

Tesla: Rapid Growth Is Priced In (Rating Downgrade)

Tesla's automotive business, despite growth, doesn't support the current market price; even optimistic scenarios value it below $250/share. Click for this TSLA stock update.

by: MSN

What's Next for Cars? 14 Innovations Coming In 2025 and Beyond

I remember when I first got a car with electric windows. What a game-changer! But now, that tech is exceedingly basic compared with emerging car features, like advanced driver assistance, AI maintenance,

by: Forbes

U.S. Auto Industry At Risk Asserts Blunt Report From Exec Conference

The auto industry is at risk from an assortment of technical, political and philosophic challenges, asserts a "white paper" from a conference of top auto execs.

by: crainsgrandrapids

Auto suppliers seek shreds of certainty in 2025 amid policy, consumer disruptions

In a transitioning automotive industry beset with uncertainty caused by shifting policies and consumer preference, industry observers say suppliers could potentially see a longer runway for internal combustion parts.

by: AM-online

Sytner Group's Bradford Audi dealership to close after 15 years

Sytner Group's Audi showroom on Canal Road, Bradford, has confirmed it has closed for business. A notice on the dealership's webpage reads "We regret to inform you that Bradford Audi has permanently closed. Please find our alternative dealerships below."

by: kr-asia

Can newcomer Cavan Auto's zero-carbon vision disrupt the NEV market?

With sustainability and purpose-built platforms at its core, Cavan Auto aims to reshape the commercial vehicle landscape with a green ecosystem approach.

by: Yahoo

The Weekly Tender: Truckload market surging

As we approach the final days before Christmas, it's becoming evident that the truckload market has experienced a peak season stronger than those of the past two years. The post The Weekly Tender: Truckload market surging appeared first on.

by: DriveSpark

Bharat Mobility Global Expo 2025 Participant Details: Luxury Car Makers To Startups

With a focus on both traditional and electric vehicles, the expo promises to offer a glimpse into the future of mobility in India. Among the heavyweight participants are Maruti Suzuki, Mahindra, Tata Motors, and Hyundai Motor, with luxury carmakers like Mercedes, BMW, and Porsche also confirming their attendance.

by: Reuters

Focus: Europe's carmakers discount EVs, hike petrol car prices as new emissions rules loom

European automakers are raising prices of petrol cars and readying discounts on electric vehicles as they brace for yet another challenge - tougher emissions rules that threaten to further shrink profits across the struggling industry.
Mon, December 16, 2024

by: Woodworking Network

ISM finds economic improvement in 2025. Including wood products, furniture

Economic improvement in the United States will continue in 2025, say the nation's purchasing and supply management executives in the December 2024 ISM Supply Chain Planning Forecast, formerly known as the Semiannual Economic Forecast.

by: MSN

Auto Transport Industry Trends in a Trump Economy: An In-Depth Analysis

The auto transport industry is at a crossroads, shaped by the economic landscape under Trump's policies. As we dive into this complex narrative, it's essential to understand how changes in regulations and trade practices are impacting everyone from manufacturers to consumers.

by: Seeking Alpha

Aptiv: Uncertain Near-Term Production Landscape May Prompt Shares To Drift

Despite challenges in auto production, Aptiv PLC showed strong cost management and margin progress. Learn more about APTV stock here.

by: Vanguard

Shettima lauds Nigeria's electric car, CNG company

Vice President, Senator Kashim Shettima has lauded the management of Nigeria's electric car and Compressed Natural Gas manufacturing company, ROXETTES MOTORS, for its innovative approach to addressing Nigeria's transportation and energy challenges.

by: MarketWatch

These are the most 'American-made' cars, but 'a period of real instability' looms with tariff threats

The lead author of an annual study on domestic content says even cars at the top of the index would see prices rise under a tariff program.

by: AM-online

Arnold Clark to partner with US sport brand Corvette

Arnold Clark is joining the first dealer groups in the UK to partner with Corvette with branches in Glasgow and Altrincham.

by: Reuters

Stellantis swiftly reshapes strategy under Elkann after Tavares exit

Steered by Chairman John Elkann, Stellantis , owner of 14 brands including Fiat, Jeep and Ram, is acting swiftly to dismantle the legacy of its former CEO and repair relations with dealers, industry partners,
Sun, December 15, 2024

by: Reuters

Italy ready to work with Stellantis if jobs and plants are preserved, Meloni says

The Italian government is willing to work with Stellantis NV on the carmaker's future strategy provided it keeps jobs and factories in the country, Prime Minister Giorgia Meloni said on Sunday.

by: The New York Times

Automakers Thrived in the Pandemic. Many Are Now Struggling.

"The Chinese are winning market share and the Germans are losing," said Ferdinand Dudenhöffer, director of the Center for Automotive Research in Bochum, Germany. "It's not only the electric cars, it's the software in the cars." Changing ...
Sat, December 14, 2024

by: Reuters

Exclusive: Trump team wants to scrap car-crash reporting rule that Tesla opposes

Tesla is run by Elon Musk, contributor of more than $250 million to Trump's campaign and the head of his government efficiency department.

by: The Hill

Supreme Court takes up California clean cars case

Energy & Environment Energy & Environment   The Big Story Supreme Court may revive challenge to Calif. car rule The Supreme Court indicated Friday it will take up a
Fri, December 13, 2024

by: The New York Times

Biden Administration Is Said to Allow California to Ban New Gas-Powered Cars

California and 11 other states want to halt the sale of new gas-powered cars by 2035. President-elect Donald Trump is expected to try to stop them.

by: USA Today

Trump tariffs could intensify US trucking industry slump, experts say

The industry that moves everything Americans make and buy will be among the first to signal any unintended consequences of trade policies.

by: Seeking Alpha

Tesla Stock: Big Potential, Bigger Risks, And Better Alternatives

Tesla, Inc.'s innovation and market opportunities are promising, but its high valuation and challenges pose significant for long-term investors. Learn more on TSLA stock here.

by: Tennessean

GM proves that big moves are restructuring on the fly as uncertainty looms in 2025

On Dec. 4, an analyst asked Jacobson at the UBS Global Industrials and Transportation Conference in Florida if ... Kevin Mixer, senior director analyst for automotive manufacturing at Gartner, said GM's moves all signal that it's preparing for the ...

by: news.bloomberglaw

California Auto Emissions Case Gets US Supreme Court Review

The US Supreme Court will hear a clash stemming from California's vehicle pollution limits, agreeing to decide whether companies that produce or sell biofuels have a legal right to sue over the regulations.

by: Detroit News

Howes: What GM's exit from robotaxi space says about limits in race for AV leadership

Cruise bolting robotaxis shows all sides are finding technical, financial and regulatory demands more difficult and expensive than anticipated.

by: The Verge

Trump is probably going to kill the crash reporting rule that made Tesla look bad

Donald Trump's transition team is taking aim at a Biden-era rule requiring automakers and tech companies to report crashes that involve fully or partially autonomous vehicles, according to Reuters. Scrapping the crash reporting rule would greatly benefit Tesla, which to date, has reported the most number of crashes.

by: CNBC

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: manilatimes

Dave Cantin Group's Jump IQ Garners Auto Dealership Technology of the Year Honors in 2024 Merit Awards

The Dave Cantin Group received a Gold Merit Award for its Jump IQ data-driven artificial intelligence platform. Jump IQ was named Auto Dealership Technology of the Year this week as part of the 2024 Merit Awards for Automotive and Transportation.

by: riazor

Elon Musk won't make more electric Tesla, but neither will hydrogen - Here's the new fuel

Methanol is emerging as a potential alternative fuel to electric and hydrogen vehicles, offering a more sustainable and efficient fuel source for the future of transportation.

by: AM-online

Hendy to open state-of-the-art Tunbridge Wells dealership

AM100 dealership group Hendy Group will officially open its all-new, state-of-the-art car dealership on Kingstanding Way in Tunbridge Wells in January.

by: Reuters

Exclusive: Trump transition recommends scrapping car-crash reporting requirement opposed by Tesla

The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk's Tesla , according to a document seen by Reuters, a move that could cripple the government's ability to investigate and regulate the safety of vehicles with automated-driving systems.

by: MSN

Tesla's shares in meteoric rally after Trump's US election victory

Tesla's stock regains popularity as investors expect its Robotaxi and FSD technology to drive another phase of growth acceleration. The stunning performance drove Tesla's Price-to-Earnings(P/E) ratio to 103,
Thu, December 12, 2024

by: familydestinationsguide

This Massive Car Museum In Florida Houses Over 100 Classic Cars And Fascinating Memorabilia

Nestled in the heart of America's oldest city, St. Augustine, Florida, this museum is a treasure trove of mechanical marvels that'll transport you back to the days when cars were more than just transportation - they were works of art on wheels.

by: Reuters

Truck-maker Paccar to recall 220,972 US vehicles over electronic system issues

Truck-maker PACCAR is recalling 220,972 vehicles in the U.S. due to issues with the electronic control units (ECU) that might impact systems associated with braking and stability control, the U.S. auto safety regulator said on Thursday.

by: Business Insider

Paccar Announces Leadership Change in Financial Services

by: Yahoo Finance

Bank of America Taps Adviser for Potential London Office Move

Bank of America Corp. is preparing to explore options for a potential move out of its current London headquarters before the lease expires in 2032. Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersCloud Computing Tax Threatens Chicago's Silicon Valley DreamSan Francisco,

Howes: What GM's exit from robotaxi space says about limits in race for AV leadership

Cruise bolting robotaxis shows all sides are finding technical, financial and regulatory demands more difficult and expensive than anticipated.

The article by Daniel Howes in The Detroit News discusses General Motors' decision to exit the robotaxi race, highlighting the broader implications for the autonomous vehicle (AV) industry. GM's retreat from this sector underscores the significant challenges and limitations in achieving full vehicle autonomy, particularly in complex urban environments. The piece points out that while companies like Waymo and Cruise have made strides, the technology still struggles with unpredictable human behavior, regulatory hurdles, and the immense costs associated with development and deployment. Howes suggests that GM's move reflects a strategic pivot towards more feasible and profitable areas within the AV space, such as advanced driver assistance systems (ADAS) that enhance safety and convenience without the full burden of Level 5 autonomy. This shift indicates a broader industry trend where companies are reassessing their ambitions in light of technological, financial, and market realities.

Read the Full Detroit News Article at:
https://www.detroitnews.com/story/business/autos/2024/12/12/howes-what-gms-exit-from-robotaxi-race-says-about-limits-in-av-space/76942061007/