Automotive IGBT supply stays tight
Automotive insulated-gate bipolar transistors (IGBT) and a few other power ICs are still in tight supply, according to sources at IC distributors......»»
Top 5 stories of the week: Stellantis sues dealership over fleet dispute; Toyota testing scandal widens
A quick look at the top automotive stories of the week as determined by reader interest......»»
Intel"s grim forecast could concern automakers in wake of microchip crisis
Intel is a major supplier of semiconductors to the automotive industry, having supplied chips installed in more than 50 million vehicles. Intel says 18 automakers have vehicles with Intel chips on the road for use in their EVs and software......»»
Sneak a peek inside the secretive new global headquarters that will lead Lexus into the EV age
Lexus finally moves into its new, unified global headquarters, a sprawling high-tech R&D and design center nestled into a forest-covered mountain. Automotive News went on an exclusive first tour of the facility......»»
Take AN"s exclusive tour of Lexus" new high-tech HQ in mountains of Toyota City
Lexus finally moves into its new, unified global headquarters, a sprawling high-tech R&D and design center nestled into a forest-covered mountain. Automotive News went on an exclusive first tour of the facility......»»
Group 1 finalizes acquisition of Inchcape; adds 54 U.K. dealerships to its portfolio
Group 1 Automotive Inc. has finalized its acquisition of global automotive group Inchcape, which has 54 U.K. dealerships. The acquisition was announced April 15; Group 1 paid $439 million in cash. It is expected the acquisition will add $2.7 billi.....»»
Auto suppliers continue to face worker shortage and high costs
The Federal Reserve indicated labor supply and demand are in sync in the U.S. economy for the first time in years. But suppliers are still lagging behind......»»
Airlines are flying blind on third-party risks
The aviation industry has traditionally focused on physical security threats, but recent revelations about risks on Boeing‘s supply chain have spotlighted the critical need to measure and mitigate supply chain risk, according to SecurityScoreca.....»»
Starling Automotive buys 3 dealerships, adds brands
Starling Automotive Group expanded in a spring acquisition, buying its first non-General Motors dealerships......»»
Petra Cares" technician training program celebrates one year of changing lives
Launched last year by the Petra Cares Foundation, the philanthropic arm of Petra Automotive Products, the project aims to provide at-risk youth and foster children aging out of the foster care system with the tools to jump-start a career as a mechani.....»»
Apple may have shut down a supplier"s proposed partnership with Vivo
Tata Group's acquisition of a stake in rival Vivo's India business was allegedly stopped by Apple, due to Tata owning a factory with Apple's supply chain.Mumbai, IndiaTata Group, an Indian conglomerate, has reportedly put the brakes on talks to acqui.....»»
Penske Automotive Q2 net income falls 20% on higher interest costs
Penske Automotive Group net income dropped in the second quarter, though the auto retailer posted record second-quarter revenue of $7.7 billion......»»
Lineaje secures $20 million in funding to address software supply chain issues
Lineaje has unveiled a landmark $20 million Series A funding round led by Prosperity7 Ventures, Neotribe, and Hitachi Ventures, alongside existing investor Tenable Ventures. This significant investment underscores the escalating global demand for rob.....»»
AMD raises forecast for AI chip revenue and sees supplies remaining tight
AMD raises forecast for AI chip revenue and sees supplies remaining tight.....»»
The storm clouds for another GPU shortage are brewing
Although GPUs are mostly readily available right now, a new rumor hints that the supply of Nvidia cards might get worse soon enough......»»
Asbury: Tekion DMS pilot in Ga. might get pushed to October over CDK dispute
Asbury Automotive Inc.'s dispute with CDK Global over data access might delay the national dealership group's plans to test Tekion at four Georgia dealerships by a month, Asbury told a Georgia court last month......»»
Data analytics leaves many dealers wary, confused, study finds
A new Cox Automotive study found that data analytics tools aren't yet meeting their potential......»»
LG Display steps in to iPhone SE 4 OLED supply chain
Apple is tapping LG Display to be a secondary producer of OLED screens for the iPhone SE 4, giving it a backup to the often troubled BOE.iPhone SE 4 could look like the iPhone 14The iPhone SE 4 is rumored to be using an edge-to-edge OLED display, wit.....»»
Asbury, CDK locked in legal fight over data control ahead of Tekion pilot
Asbury Automotive has sued CDK Global and sought an injunction compelling the release of four dealerships' data so Asbury could pilot Tekion's DMS software at the locations, accusing CDK of "holding its data hostage." .....»»
Cox: Wholesale vehicle valuations tool adds automakers" factory-installed options
Cox Automotive said it has enhanced the Manheim Market Report, its wholesale vehicle valuations tool......»»
Automotive tech company CDK must face antitrust class action, judge says
Software vendors can band together as a class to sue automotive technology giant CDK Global for allegedly restricting access to data and causing them to pay hundreds of millions of dollars in overcharges, a federal judge in Chicago has ruled. .....»»