Auto News 49 results

Tesla Aims to Hire Over 10,000 Employees for Austin Gigafactory

While many automakers struggled last year in the midst of the Covid-19 pandemic, Tesla continues to see steady sales growth. Growing demand for electric automobiles has put Tesla in a strong position to keep its edge in the electric vehicle market. Now, it seems the company is preparing to seize the opportunity with their new Gigafactory in Austin, Texas. On Wednesday, CEO Elon Musk tweeted ...

Auto Manufacturers Extend Production Cuts Due to Chip Shortages

The microchip shortage has been making a noticeable impact on the auto manufacturing industry. As a result of the shortages, companies have had to reduce or even temporarily halt production in order to maintain an adequate number of chips. On Wednesday, GM announced that they would be extending some of their cuts for North American production. The company’s Wentzville, Missouri, plant will ...

GM Believes Worst of Chip Shortage May Be Behind Them

Due to the recent semiconductor shortage, industries of every kind have been experiencing substantial delays in their manufacturing. Auto manufacturers, in particular, have been hit especially hard, with GM having to temporarily close down factories to ensure they had enough chips on hand. Despite these shortage-induced setbacks, GM executives believe that they may now be through the worst of ...

Magna Breaks Ground on New Hummer EV Plant

Later this year, General Motors is planning to release its all-new 2022 GMC Hummer EV. The new release will remark the return of the Hummer brand, and most notably, as an all-electric vehicle, a shift from its past reputation as a gas-guzzler. With demand expected to be high, as many initial pre-orders have already sold out, GM is taking steps to ensure there will be enough parts for production, ...

Boston Dynamics Sold to Hyundai in Nearly $1bn Deal

Boston Dynamics is well-known by many for the interesting robots which they showcase in their demos, performing impressive tricks like backflips and 360-degree spins. However, the robotics company is now changing hands in a massive deal that is just shy of a billion USD. The deal will see Boston Dynamics, which is currently owned by Softbank, sold off to South Korean automotive titan Hyundai ...

Ford Shows Renewed Interest in Getting into EV Batteries

While companies like Tesla are known for their electric cars, they’re also regarded for their advancements in electric vehicle battery technology. While other auto manufacturers are beginning to compete with them in the auto market, very few have signaled that they plan to also start producing their own batteries as well. However, in a new reversal, Ford is signaling that they may be interested ...

GM To Continue Discussing Nikola Deal After Latest Controversies

As the Tesla juggernaut continues to dominate the electric vehicle (EV) market, a number of other manufacturers are looking for ways to jump into the rapidly growing EV market. In an effort to quickly make up for lost time, major auto manufacturers are pursuing partnerships with smaller EV start-ups. One partnership in particular, between GM and Nikola, remains questionable after a recent string ...

Ford’s Q3 Results Place Them Ahead of Competitors

Auto sales in the United States have begun to recover in recent months following the initial Covid-19-induced downturn. However, some companies have been recovering faster than others. Among the big three automakers, it appears that Ford has managed to eek out an edge based on their recent Q3 report. According to Ford, their third-quarter sales fell by just 4.9% compared to last year. This is ...

Ford Set to Challenge Tesla and GM with New Electric Pickup

Across the auto manufacturing industry, companies are preparing to take on Tesla in the all-electric vehicle market. Tesla, known for its all-electric sedans, is also branching out into the truck market with its new Cybertruck pickup model. However, Ford is aiming to set its own offering apart from the rest by sticking closer to its roots. Earlier in June, Ford announced that they would have ...

Tesla Levels Lawsuit Against Rival Rivian Over Stolen Trade Secrets

Tesla has been the premier company when it comes to all-electric automobiles for some time. However, competition has begun ramping up in recent years, as both established auto manufactures and startups prepare to enter the market and become direct competitors. One of those startups, Rivian, may now also be facing Tesla in court regarding a lawsuit filed by Tesla. Last week, Tesla filed suit in ...