• Wed, February 19, 2025

by: Reuters

Exclusive: Ford slashes manager stock bonuses to cut costs, boost performance

Some middle managers at Ford Motor will not get stock bonuses this year in what is seen internally as CEO Jim Farley's latest attempt to cut the automaker's bloated costs, according to six people familiar with the matter.

by: Yahoo

Epic Games' Twinmotion gets a massive update for the creation of realistic environments and ambiance

Twinmotion, Epic Games' real-time visualisation tool for 3D artists, creatives and architects, has received its latest update, and it's a big one with new features for creating realistic exterior environments, lighting and rendering enhancements and more.

by: KUT

Low tire pressure? How to tell if you need to add air now or can wait till later.

As temperatures drop, so does your tire pressure. The urgency of the problem depends on how much air you're missing.
  • Thu, February 20, 2025

by: TechCrunch

The people in Elon Musk's DOGE universe

Edward Coristine, a former intern at Neuralink and now known by his infamous LinkedIn profile handle "bigballs," is one of the core members of the DOGE team and the youngest-known Musk aide at age 19, TechCrunch has confirmed.

by: MSN

Automotive experts weigh in on dramatic shift of technologies within Chinese electric vehicles: 'A whole suite of new features'

The Chinese market is forecast to hit nearly $378 billion this year. Automotive experts weigh in on dramatic shift of technologies within Chinese electric vehicles: 'A whole suite of new features' first appeared on The Cool Down.

by: Reuters

Stellantis launches first in-house automated driving technology

Stellantis announced on Thursday the launch of its first in-house-developed automated driving system, STLA AutoDrive, designed to allow urban commuters to momentarily engage in non-driving tasks.

by: Impacts

The Future of Transportation Design: Insights from Yisong Jiang

Yisong "Rocky" Jiang, a transportation designer known for his integration of avant-garde aesthetics and practical innovation, recently shared his point of view on the cutting-edge technologies transforming the current landscape of automotive design.

by: motorbiscuit

Between now and 2028 the U.S. needs to fill 971,000 mechanic positions: Report

An auto, diesel, and aviation industry nonprofit released a harrowing report on a concerning mechanic shortage.

by: Reuters

US new vehicle sales set to rise 8.1% in February, report says

U.S. new vehicle retail sales are expected to rise 8.1% to 1.01 million units in February on an adjusted basis, industry consultants J.D. Power and GlobalData said in a joint report on Thursday.
  • Fri, February 21, 2025

by: Forbes

New Tariffs Could Cost U.S. Car Buyers Up To $10,000 More

U.S. tariffs on Canadian and Mexican goods will hike prices of North American-produced vehicles by as much as $10,000 each, a consultant said.

by: MSN

Kinetic Green Revives "Chal Meri Luna" with New E-Luna TVC

Kinetic Green Energy and Power Solutions Limited has launched a new television campaign for the E-Luna, reviving the nostalgic charm of the iconic 'Chal Meri Luna' tagline. This fresh campaign aims to blend the brand's rich legacy with a modern vision for sustainable mobility.

by: Reuters

Stellantis' $807 million UK lawsuit over airbag, seatbelt cartels dismissed

Stellantis' 771 million euro ($807.62 million) lawsuit against two safety equipment makers was dismissed by a London tribunal on Friday.

by: Forbes

Tariffs To Hike New Vehicle Prices, Lead To Job Cuts, Consultant Says

U.S. tariffs on Canadian and Mexican goods will hike prices of North American-produced vehicles by as much as $10,000 each, a consultant said.

by: Forbes

Finding Better Ways To Increase Roadway Safety And Innovation

Key stakeholders—including automakers, navigation providers, technology companies and government agencies—to align on common data-sharing standards.
  • Sat, February 22, 2025

by: MSN

Flying car soars over traffic in astonishing first-ever video: 'New transportation is possible'

That's one way to avoid congestion pricing. U.S. automaker Alef Aeronautics proved that the sky's not the limit for vehicles after releasing the first-ever footage of a flying car like something out of a science-fiction movie.

by: Indiatimes

AUTO SECTOR: Pioneering auto & EV revolution in MP

Bhopal: Madhya Pradesh stands as a significant force in India's automotive sector, hosting a substantial automotive cluster and making notable contrib.
  • Sun, February 23, 2025

by: Forbes

Tariffs And Policy Repeals Could Force U.S. Auto Industry To Fail, Ceding Economic Growth To China

America's auto industry is back in the fast lane in a race with China to economic dominance. Imposing tariffs and repealing policies will throw that in reverse.
  • Fri, February 28, 2025

by: MSN

Alabama expands freight network with new $94m Montgomery intermodal facility

"Alabama expands freight network with new $94m Montgomery intermodal facility" was originally created and published by Railway Technology, a GlobalData owned brand. The informatio

by: Yahoo

Vehicle accident impacts traffic on I-35 in south OKC

OKLAHOMA CITY ( KFOR) - A vehicle accident is impacting traffic on I-35 in south Oklahoma City. According to officials, the accident happened on I-35 south of I-240 near Crossroads Mall Dr. It is unclear what caused the crash or if there are any injuries. One lane is closed at this time.

by: Yahoo

Car slams into Houston home as woman slept inside

The woman, who was sleeping in the home when the car slammed into it, was not hurt. But the driver became trapped inside the vehicle and had to be rescued.
  • Sat, March 1, 2025

by: Time

How the U.S. Auto Industry Could Be Collateral Damage in Trump's Trade Wars

If the President goes ahead with 25% taxes on imports from Canada and Mexico, the U.S. automotive trade could feel it.

by: MSN

Skoda 'to axe 6,000 jobs amid expensive roll out of electric vehicles'

Around 6,000 people could lose their jobs as Czech car making giant Skoda makes drastic cuts to keep up with an expensive electric vehicle rollout
  • Sun, March 2, 2025

by: ABC

Automakers head north to test new cars. This year is proving more difficult

Benny Leuchter, a Volkswagen factory race and test driver, has traveled the world to test-drive vehicles. The weeks and months analyzing vehicles in extreme temperatures is "tough on the engineers," he conceded. What's learned in the Arctic, though, has real-world consequences for consumers.
  • Mon, March 3, 2025

by: TravelDailyNews

Autorun appointed as Exclusive Dealer for OMODA & JAECOO in Dubai

OMODA & JAECOO appoint Autorun as exclusive dealer in Dubai, enhancing their UAE presence with two showrooms and dedicated service centers.

by: Bloomberg

Car Prices Are Poised for $12,000 Surge on Trump's New Tariffs

Impending tariffs on Canada and Mexico risk driving up US car prices by as much as $12,000, further squeezing consumers and wreaking havoc across the intricate web of automotive supply lines spanning the continent.

by: MarketWatch

Trump's tariffs, whether implemented or not, have already hurt the U.S. auto industry

Many in the industry feel that the levies could still be called off. Virtually everyone is hoping that, if enacted, the tariffs will be short-lived. Regardless, uncertainty has already taken its toll.

by: Reuters

Tesla rises 2% as Morgan Stanley backs AI, robotics efforts with 'top pick' status

Tesla shares rose 2% on Monday after Morgan Stanley reinstated the electric-vehicle maker as its top U.S. auto pick, saying the company's artificial intelligence and robotics efforts could power growth even as the mainstay car business stumbles.

by: Forbes

Best Commercial Auto Insurance 2025

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys ...

by: MSN

Here's how new tariffs will crash the American car industry

During remarks at a Wolfe Research conference last month, Ford CEO Jim Farley made it clear how President Trump's tariff proposals will affect one of the most prolific of Detroit's Big Three and any other automaker that sells to American motorists.

by: MSN

'Existential Threat': How Tariffs And Uncertainty Could Blow Up The Auto Industry

Prices could rise as much as $10,000 on some models if tariffs go into effect. Meanwhile, a new Chinese challenger to Tesla rises fast.

by: Reuters

EU to propose giving automakers three years to meet CO2 emission targets

The European Commission will propose revising planned fines for automakers whose car and vans fail to meet 2025 CO2 emission targets, by allowing them to hit the targets based on fleet emissions over three years.
  • Tue, March 4, 2025

by: Zawya

BYD and Al-Futtaim Group announce strategic partnership

Dubai / Shenzhen: BYD, a pioneer and leader in the global new energy automobile industry, and Al-Futtaim Group, a family-owned business with a 90-year legacy spanning more than 20 countries, are pleased to announce a landmark partnership aimed at transforming the automotive landscape in the Middle East.

by: sinchew

DHL sees new opportunities in Thailand with its Strategy 2030, reaffirms its commitment to help drive Thailand's economic growth

Identifies electric vehicles (EV), e-commerce and supply chain diversification as key focus areas in Thailand DHL is well positioned to support Thailand's ambitions with investments ahead of the curve over the last few years

by: Yahoo

5 THINGS: ICTC candidates share workforce education goals

Former ICTC instructor Andrew Theodore faces incumbent Ginger Knight for Indian Capital Technology Center board, seat 5. They answered the following questions: 1 Why are you running for this position on the board of education?

by: MSN

NASCAR Is Officially Investigating Driver Incident From Sunday

NASCAR's EchoPark Automotive Grand Prix wasn't without it's share of drama thanks to Sunday's incident between Austin Cindric and Ty Dillon at Circuit of the Americas down in Texas. Early in the race,

by: Reuters

Automakers warn that Trump tariffs will hike some vehicle prices by as much as 25%

A trade group representing nearly all major automakers warned on Tuesday that new 25% tariffs on imports from Canada and Mexico imposed by President Donald Trump will lead to drastic price hikes.

by: CNBC

Trump's tariffs could quickly cut North American auto production by 20,000 vehicles per day

A third of North American vehicle production could be cut by next week as a result of Trump's 25% tariffs on Mexico and Canada, S&P Global Mobility reports.

by: Forbes

Trump Tariffs Sending Auto Industry Into Uncertainty, Analyst Says

Tariffs implemented by the Trump administration may boost prices and reduce vehicle production, an analyst for S&P Global Mobility said Tuesday.

by: Airways

Sector Analysis: the State of eVTOL Innovators

Airways analyzes the insolvencies and funding failures of eVTOL innovators in the Advanced Air Mobility Sector.

by: Impacts

Driving the Future of Mobility: An Interview with Hiroshi Nishijima, CEO of Zoomcar

In this exclusive TechBullion interview, Hiroshi Nishijima, CEO of Zoomcar Holdings, Inc. (NASDAQ: ZCAR), discusses his leadership journey, strategic vision, and the transformation of India's largest self-drive car-sharing marketplace.

by: CNBC

Trump's tariffs could cut North American auto production by 20,000 vehicles per day

A third of North American vehicle production could be cut by next week as a result of Trump's 25% tariffs on Mexico and Canada, S&P Global Mobility reports.

by: Forbes

Compare Car Insurance Quotes (2022 Rates)

The type of vehicle you insure impacts how much you spend on car insurance, especially if you're buying collision and comprehensive insurance. Here's a look at average car insurance costs for ...

by: Reuters

AutoZone misses quarterly revenue estimates on inflation, currency rates

AutoZone on Tuesday missed Wall Street estimates for second-quarter revenue, as the automotive parts retailer navigated headwinds due to consumers holding back and currency rate fluctuations.

by: Reuters

European auto stocks sink as U.S. tariffs on Mexico, Canada kick in

Shares in European carmakers and automotive suppliers fell sharply on Tuesday, after U.S. tariffs of 25% took effect on imports from Canada as well as Mexico, a major automotive supply and manufacturing hub for global firms.

by: Reuters

Continental shares tumble on bleak 2025 autos outlook

German automotive parts supplier Continental expects a weak year for the market in 2025, and has yet to assess the potential impact of new U.S. tariffs on its North American operations, it said on Tuesday,

by: Reuters

European auto stocks plunge as U.S. tariffs on Mexico, Canada kick in

Shares in European carmakers and automotive suppliers fell sharply on Tuesday, after U.S. tariffs of 25% on imports from Mexico and Canada took effect.
  • Wed, March 5, 2025

by: Cars

10 Biggest News Stories of the Week: Ram 1500 Leaves Volkswagen ID. Buzz, Kia EV9 Out in the Cold

by: Reuters

EU plans law to give car services groups access to vehicle data

The European Commission aims to propose draft legislation this year that would allow insurers, leasing companies and repair shops fair access to valuable vehicle data, according to its auto industry action plan to be published on Wednesday.

Exclusive: Ford slashes manager stock bonuses to cut costs, boost performance

Some middle managers at Ford Motor will not get stock bonuses this year in what is seen internally as CEO Jim Farley's latest attempt to cut the automaker's bloated costs, according to six people familiar with the matter.

Ford Motor Co. has decided to significantly reduce stock bonuses for its managers as part of a broader cost-cutting initiative aimed at enhancing performance and profitability by 2025. The company announced that it would cut the value of stock awards for its leadership team, including top executives, by 25% to 50%, with the most substantial reductions affecting the highest earners. This move is part of Ford's strategy to align executive compensation more closely with shareholder interests and to fund investments in electric vehicles and other high-growth areas. Additionally, Ford is implementing other cost-saving measures such as reducing travel expenses, marketing budgets, and agency fees, while also focusing on improving quality and reducing complexity in its operations. These changes come as Ford aims to navigate through a challenging automotive market, marked by increased competition and a shift towards electric vehicles.

Read the Full Reuters Article at:
https://www.reuters.com/business/autos-transportation/ford-slashes-manager-stock-bonuses-cut-costs-boost-performance-2025-02-18/