<!––> <!––> This year, a collection of 93 international journalists adjudged Toyota President Akio Toyoda as their 2021 World Car Person Of The Year. The award is one of just six accolades that are presented by the World Car Awards annually. Toyoda, the acting President and CEO of the Toyota Motor Corporation, is indeed an […]
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General Motors and Ford are extending production shutdowns at a number of factories throughout North America as the chip shortage continues to impact the automotive industry. GM confirmed in a statement that it will make production cuts at factories in Tennessee, Mexico, Ontario, and various sites in Michigan. Among the sites hit by the latest […]
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2020 was a banner year for Jeep sales in Japan and it only expects things to get better in 2021. The market has officially become the best for Wranglers sales outside of North America and is the brand’s sixth-biggest global market. That despite a historical trend of U.S. brands struggling in Japan. With sales rising […]
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John Krafcik has stepped down as chief executive officer of Waymo, Alphabet’s self-driving vehicle division. Krafcik has led Waymo for five and a half years and was instrumental in securing agreements with the likes of Jaguar Land Rover, Stellantis, Volvo, and Daimler. Last year, he also helped secure more than $2.25 billion for the company […]
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The global semiconductor chip shortage is affecting a wide variety of industries and automakers are warning the Biden administration that it could result in 1.28 million fewer vehicles being built in 2021. The fears mean that the Alliance for Auto Innovation, which represents nearly every automaker with a plant in the U.S. (that includes the […]
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VT Holdings, the Japanese importer of the Caterham Seven for the last 12 years, has acquired Caterham Cars for an undisclosed sum. Piston Heads reports that it saw an internal document referring to the sale and confirmed it with Caterham, who intended to announce the sale on Tuesday. According to the email, the change in […]
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The BMW Group is signing a €285 million ($334 million) deal with a second lithium supplier. US company Livent will supply the automaker’s batteries with the crucial mineral. Although Livent is based in Philidelphia, it gets its lithium from salt lakes in Argentine, near the border with Bolivia and Chile. The supplier will sell directly […]
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CarMax will continue to reinforce its online shopping tools with its latest purchase. America’s biggest used car retailer will buy the remainder of Edmunds.com, bringing the informational website wholly under its control. Edmunds provides information on second-hand vehicles as well as reviews of new vehicles and industry data. Despite the sale, CarMax says the website […]
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Daimler has named Bernd Pischetsrieder as the chairman of its supervisory board, taking over from Manfred Bischoff who had held the position for 14 years. 73-year-old Pischetsrieder has had a long history in the automotive industry. He began working at BMW in 1973 as a production planning engineer and was promoted to become chairman of […]
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Tesla’s lawsuit against Rivian, which was first filed in July 2020, has progressed in a California court. Tesla claims that the electric car start-up encouraged “the misappropriation of Tesla’s trade secrets, confidential, and proprietary information by Tesla employees that Rivian hires.” It also alleges a pattern of employees leaving Tesla for Rivian and taking trade […]
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