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Auto suppliers are asking for contract relief

Parts shortages and heightened commodity prices are putting the squeeze on Tier 2 and Tier 3 suppliers, often forcing them to go to their Tier 1 customers to renegotiate pricing or ask for a cash infusion — or else risk going out of business entire.....»»

Category: topSource:  autonewsAug 15th, 2022

GM resumes production after hurricane-related supplier issue

General Motors said it is resuming production at two assembly plants in Texas and Michigan after it temporarily halted production at the plants last week because of impacts to its suppliers due to Hurricane Helene......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Chery weighs Hong Kong IPO for $7 billion auto arm

Chery Auto is one of China’s biggest car exporters and one of only a few not listed. It is a key asset of Chery Group, which also provides financial and real estate services......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Paris auto show preview: The battle against Chinese upstarts will be electric

European and North American brands head to the Paris show with a watchful eye on Chinese EV rivals......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Column: Port strike, Hurricane Helene test the auto industry"s supply chain resiliency

The auto industry avoided worst-case scenarios with the port strike's end, but the impacts of Hurricane Helene will stick around......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

ULA’s second Vulcan rocket lost part of its booster and kept going

The US Space Force says this test flight was critical for certifying Vulcan for military missions. United Launch Alliance's Vulcan rocket, under contract for dozens of flights for.....»»

Category: topSource:  arstechnicaRelated NewsOct 5th, 2024

GM halts production at pickup, SUV plants after Hurricane Helene impacts suppliers

The automaker said it canceled all shifts Oct. 3 and Oct. 4 at Arlington Assembly in Texas and Flint Assembly in Michigan......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Port strike"s end averts potential calamity for auto supply chain

The end of the port strike that shut down shipping on the East and Gulf coasts after three days comes as a relief to the auto industry, which had feared supply bottlenecks that could last months......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Toyota bets big on air taxis with $500M investment in Joby

Auto giant Toyota is investing another $500 million into Joby, which pioneered the first test flight of an air taxi over the skies of New York City......»»

Category: topSource:  digitaltrendsRelated NewsOct 4th, 2024

AAWireless TWO Arrives October 20 With “Significant” Improvements

The original AAWireless is without a doubt one of the most popular adapters that allows your car to switch from wired to wireless Android Auto. Not only was it one of the early entries into this adapter segment, reviews for the device have remained p.....»»

Category: mobileSource:  droidlifeRelated NewsOct 4th, 2024

What"s coming up at The Battery Show next week

More than a thousand battery and technology suppliers will show their technology at sprawling Huntington Place, home of the Detroit auto show......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Daily 5 report for Oct. 3: Why Carvana is now a permanent player in auto retailing

Carvana, the innovative online auto retailer with its can't-miss vending machines throughout the U.S., generates solid profits and its shares trade in the $170s......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Apple Podcasts auto-generated transcripts now available in more languages

Apple this year introduced auto-generated transcripts to its Podcasts app, so that users could follow real-time transcripts of shows available on Apple Podcasts. Now the company is expanding auto-generated transcripts to more languages. more….....»»

Category: topSource:  informationweekRelated NewsOct 2nd, 2024

Auto dealer associations activate emergency relief funds in Helene aftermath

Dealership employees affected by Hurricane Helene can apply for assistance on the NADA Foundation's website, NADA said......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

Auto industry risks from port strike to rise exponentially each day, analysts say

One day after the port strike on the East and Gulf coasts began, the backlog of automotive parts that some suppliers and automakers import into the U.S. grew by about a week, according to an industry trade expert......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

F&I tip: Create perceived value for auto buyers, Allstate says

Perceived value is one of the key psychological factors influencing the purchase of finance and insurance products, Allstate Dealer Services said in a white paper......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

GM CEO Mary Barra back at No. 1 of Most Powerful Women in Business

Fortune recognized Mary Barra for steering General Motors through last year's UAW contract talks and strike while also improving the automaker's profitability and stock price......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

Carl Moyer, founder of Karl Chevrolet, dies at age 83

Longtime Iowa Chevrolet dealer Carl Moyer died Sept. 28. He grew his business from a one-car showroom into Karl Auto Group......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

Responding to dealer feedback, Santander expands small business auto financing

The lender plans to offer automotive financing primarily to small franchises and startups......»»

Category: topSource:  autonewsRelated NewsOct 1st, 2024

Boeing suppliers fear long-term jobs hit from strike

Boeing suppliers fear long-term jobs hit from strike.....»»

Category: topSource:  informationweekRelated NewsOct 1st, 2024

Epic sues Google and Samsung, again under the guise of fighting for ‘all developers’

Epic today filed a new lawsuit against Google and Samsung, four years after first suing Google over its app store monopoly. This time around, as reported by our friends at 9to5Google, Epic is focused on Samsung’s “Auto Blocker” feature that lim.....»»

Category: gadgetSource:  9to5macRelated NewsSep 30th, 2024