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How do auto suppliers gain leverage in renegotiating contracts? Bankruptcy

With hopes of achieving better contract terms, more automotive suppliers are resorting to bankruptcy — or at least threatening it — in what has become in some cases a high-stakes game of chicken with customers......»»

Category: topSource:  autonewsOct 13th, 2022

Open Road Capital acquires 5 dealerships from Beyer Auto Group

For the first time, Open Road purchased dealerships without a partner......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

Chinese software is a threat, but hardware will be the ban"s compliance challenge

Even as the federal government attempts to minimize threats from China, American manufacturers rely on a complex web of suppliers, including Chinese companies......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

A movie filmed entirely in Grand Theft Auto Online is coming to theaters

To see or not to see — will you check out Grand Theft Hamlet when it hits theaters?.....»»

Category: topSource:  digitaltrendsRelated NewsOct 10th, 2024

In our opinion: Believe the storms: Climate change is real

No one should try to kill the auto industry in hopes of saving the planet. But we must also take seriously the need for the industry to be a functional partner in a solution......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Florida auto dealers start gauging damages, employee health after Milton

More than 3.4 million tracked customers in Florida were without power on Oct. 10, according to PowerOutage.us......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Google Photos could make it easier to identify AI images

With AI being so widely available and used for image editing, Google Photos could gain a new feature that can identify AI images. The post Google Photos could make it easier to identify AI images appeared first on Phandroid. AI generated i.....»»

Category: asiaSource:  phandroidRelated NewsOct 10th, 2024

Former general manager forms auto group, buys first dealerships

A former general manager has purchased his first dealerships, in Iowa, as part of the newly created Coleman Automotive Group......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Auto industry appears divided on lidar"s value in automated driving systems

Lidar sensors were once considered essential equipment for self-driving vehicles and, to a lesser extent, driver-assistance functions. Their value today depends on whom you ask......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Auto auctions in Florida cancel sales days, more dealerships close ahead of Hurricane Milton

Hurricane Milton prompted wholesale auto auction providers to cancel planned sales days at certain storm-warned locations in Florida this week......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Daily 5 report for Oct. 8: How does a flooded car catch fire? Here"s how

In a hurricane, often, a dealership is damaged. Or an auto parts plant gets shut down. Sometimes, an assembly plant goes offline. But in the aftermath of Helene, an unanticipated automotive story: cars that catch fire in a flood......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Level up your home cleaning automation with Roborock’s Prime Big Deal Days

Ready to set your home cleaning on auto-pilot or upgrade your existing setup? Robot vacuum and mop leader Roborock offers some of its best pricing ever with Prime Big Deal Days. Check out everything the latest Roborock intelligent devices deliver and.....»»

Category: topSource:  pcmagRelated NewsOct 8th, 2024

Get 30% off the 4K Reolink Altas PT Ultra 360-degree wireless camera

Looking for a high-definition wireless camera with a long runtime and no blind spots? Reolink’s Altas PT Ultra delivers up to 500-day battery capacity, super-sharp 4K recording, 360-degree auto-tracking, solar support, and more. Better yet, the du.....»»

Category: topSource:  pcmagRelated NewsOct 8th, 2024

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

Bankrupt EV maker Fisker faces probe by U.S. securities regulator; multiple subpoenas issued

Fisker is selling off its assets and plans to ask a U.S. bankruptcy judge to approve its liquidation plan at an Oct. 9 hearing in Wilmington, Del......»»

Category: topSource:  autonewsRelated 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