Thursday, January 20th, 2022

Category: Automotive

Ford expects $8.2 billion Q4 gain from Rivian investment

Ford on Tuesday also said it would reclassify a previous $900 million non-cash gain from Rivian into its special items. That means that figure will no longer be included in its adjusted EBIT forecast....

GM software needs driving push for new hires

GM introduced its Ultifi software platform as a customer experience program that combines the purchase, onboarding and ownership experience in November 2020. Last September, GM formally announced plans for an evolved version of Ultifi,...

OSHA fines Ohio plastics supplier Sanoh America for ‘work-related’ COVID-19 death

A coronavirus outbreak at an Ohio plastics and metal auto supplier, including what authorities said was a work-related COVID-19 death, is prompting fines and citations from the Occupational Safety and Health Administration. OSHA announced...

Porsche Taycan Cross Turismo sets Guinness World Record with 3.1-mile vertical climb

The team of four drivers, led by J.F. Musial, worked with Eagle Mine operators in Michigan’s Upper Peninsula to be able to drive through it without any modifications or tire change to the car,...

Rivian COO stepped down in December; stock slide continues

Rivian Automotive Inc.’s COO stepped down last month while the EV maker was in the midst of its inaugural production rampup. Rod Copes left the company after he had held the title since March...

How a Florida Audi store used personalized videos to boost its business

Audi Lakeland incorporated personalized videos into its sales and service strategy in May 2019, well before the coronavirus pandemic forced dealerships nationwide to take more of their customer interactions online. It was fortuitous timing....

Transportation Secretary Pete Buttigieg outlines 6 principles for balancing innovation, federal role

The U.S. Department of Transportation has set six guiding principles for balancing the federal government’s role with ongoing innovation in the transportation sector. U.S. Transportation Secretary Pete Buttigieg unveiled the principles Thursday during a...

Hyundai showcases robotic future at CES

Under the concept of “Metamobility,” Hyundai robots would mirror actions taken in the metaverse by moving objects in the real world. For example, when someone in the metaverse moves an object in the virtual...

Tesla smashes quarterly record for global vehicle deliveries

Electric elevation Quarterly deliveries are one of the most closely watched indicators for Tesla. They underpin its financial results and are widely seen as a barometer of consumer demand for EVs as a whole...

Tesla hits accelerator to boost sales as 2021 closes

Tesla Inc. and Elon Musk may have extra to celebrate for New Year’s Eve on Friday as workers push toward record quarterly deliveries in the waning hours of 2021, capping a remarkable year in...