Automobile
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Toyota to slash worldwide vehicle production by 40% due to global microchip shortage
Aug 19, 2021Toyota is to slash worldwide vehicle production by 40% in September because of the global microchip shortage. The world’s biggest carmaker had planned to make almost 900,000 cars next month, but has now reduced that to... -
NHTSA to open official investigation into Tesla’s “self-driving” Autopilot system
Aug 18, 2021The US federal agency in charge of road safety is opening an official investigation into Tesla’s “self-driving” Autopilot system. The National Highway Traffic Safety Administration (NHTSA) said it was acting following 11 Tesla crashes since 2018... -
U.S. auto safety regulators opened a formal safety probe into Tesla Autopilot after a series of crashes involving emergency vehicles
Aug 16, 2021U.S. auto safety regulators said Monday they had opened a formal safety probe into Tesla Inc’s driver assistance system Autopilot after a series of crashes involving emergency vehicles. The National Highway Traffic Safety Administration (NHTSA) said... -
Chinese government asked automakers to strengthen data protection
Aug 15, 2021The Chinese government has asked automakers to strengthen data protection and store locally generated key data in the country. Automakers need to get regulatory approval for both when they need to export critical data and before... -
Tesla hopes to make the first cars at its “Gigafactory” in Gruenheide, near Berlin, in October
Aug 14, 2021Tesla hopes to make the first cars at its “Gigafactory” in Gruenheide, near Berlin, in October or soon afterwards, Chief Executive Elon Musk said on Friday. Tesla has pushed back the expected opening of the gigafactory... -
Amazon.com backed EV company Rivian in discussions to invest at least $5 billion
Aug 11, 2021Amazon.com Inc backed electric vehicle (EV) company Rivian is in discussions to invest at least $5 billion in a new vehicle plant near Fort Worth, Texas, a city document showed. The Fort Worth offer is part... -
Ford’s EV battery joint venture with SK Innovation to extend beyond North America into Europe
Aug 11, 2021Ford Motor Co’s electric vehicle battery joint venture with South Korea’s SK Innovation Co Ltd will extend beyond North America into Europe, a senior Ford executive said on Wednesday. In May, Ford announced the joint venture... -
India’s auto component makers want Tesla’s potential entry to benefit the country’s suppliers
Aug 3, 2021India’s auto component makers want Tesla’s potential entry to benefit the country’s suppliers, and one way to achieve that is for the company to manufacture locally, the head of the Automotive Component Manufacturers Association (ACMA) said.... -
Semiconductor chip shortage and rising raw materials prices to hurt performance in Q2 of BMW
Aug 3, 2021BMW raised its profit forecast for 2021 on Tuesday after strong quarterly results, but said the global semiconductor chip shortage and rising raw materials prices would hurt its performance in the second half of the year.... -
Ferrari stuck to its main 2021 targets on Monday
Aug 2, 2021Ferrari stuck to its main 2021 targets on Monday, despite tripling second-quarter core profits as shipments recovered from pandemic-hit trading in the same period last year. The luxury carmaker increased its industrial free cash flow guidance...
