Lender Westlake is using AI to make more auto loans
Westlake Financial is working with Pagaya Technologies Ltd. to make auto loans using artificial intelligence, targeting a void left by some lenders that have been pulling back from the business......»»
EPA"s push to eliminate ‘forever chemicals" brings scrutiny to EV components
The EPA is moving to rid waterways of cancerous PFAS chemicals, but the auto industry still relies on some of them for crucial components and materials, including those used in EVs......»»
Mounting auto industry layoffs underscore rocky EV transition, UAW contracts
The Detroit 3 and their suppliers have implemented thousands of layoffs over the past few months in the wake of entering costly UAW contracts and confronting the reality of underwhelming EV sales.....»»
New Mexico EV mandate will remain in place, despite opposition from auto dealers
The New Mexico Automotive Dealers Association and Garcia Automotive Group have opposed the state's EV mandate to adopt California's zero-emission vehicle rules......»»
Mazda may move auto shipments temporarily to another port from Baltimore
CEO Masahiro Moro said Mazda does not currently expect a big impact from the port shutdown......»»
Donald Trump’s lenders of last resort include a subprime auto king and online bank
Donald Trump has disparaged California but it’s where he’s turning for crucial support from a small group of financiers......»»
After pushing cloud storage, TV provider to auto-delete 61-day-old DVR recordings
Customers originally had 365 days to enjoy the recordings. Enlarge (credit: Getty) Canadian telecom Bell Canada has been pushing its cloud-based DVR service to its Fibe TV subscribers for years. While it has given custom.....»»
AI and digital tools combat auto finance fraud, Informed.IQ report shows
Just over 30 percent of Informed.IQ's survey respondents said they had an error in 1 out of every 4 deal jackets......»»
TSMC gets $11.6B in US grants and loans; will open 3rd Arizona chip plant
Apple chipmaker TSMC has announced plans to open a third Arizona chip plant, in addition to the two already under construction. This will be the most advanced of the three plants, making 2nm chips. The expansion plan appears to have been part of a.....»»
NHTSA probes Honda"s handling of 2023 Accord, HR-V recalls
U.S. auto safety regulators are investigating Honda's handling of a recall from November involving seat belt restraining issues in new car models......»»
Pickups left out of Q1 auto sales growth
Sales of large pickups fell 4 percent in the first quarter in a new light-vehicle market that grew 5.6 percent......»»
Apple chip maker TSMC wins $6.6 billion US subsidy
The US Commerce Department is awarding iPhone processor manufacturer TSMC $6.6 billion and providing low-cost loans, for a third fabrication plant in Arizona.TSMC's headquarters in Hsinchu, TaiwanTaiwan Semiconductor Manufacturing Co (TSMC) is the ma.....»»
The top 5 stories of the week: U.S. auto sales; Ford stair-steps
A quick glance at the top automotive stories of the week.....»»
Executive talks AuctionNet evolution, plans for wholesale sales data
The National Auto Auction Association wants to do more with the wholesale sales data it gleans from its member auctions, an executive said......»»
Hagerty cancels Detroit Concours d"Elegance for 2024
The decision to nix the end-of-summer event in 2024 comes just two years after the Traverse City, Mich.-based specialty auto insurance company moved it to the city of Detroit in a bid to revive it......»»
Why auto supply chains have shown resiliency after the Baltimore bridge collapse, port blockage
So far, there is no indication the Key Bridge collapse in Baltimore will have an impact on automotive supply chains on the level of COVID or the semiconductor shortage......»»
Auto shipper takes $10 million hit from Baltimore bridge disaster
East Coast ports have been modifying their operations to absorb cargo diverted from Baltimore harbor......»»
F-150 Lightning EV targeted by climate protesters at New York auto show
Video shows onlookers heavily booing the protesters, one of whom was carrying a tote bag from the Toyota stand......»»
AutoNation reportedly looking at Inchcape"s UK retail auto operations
AutoNation is reportedly exploring a bid to buy the U.K. operations of Inchcape, an automotive retail, distribution and services company with a presence in more than 40 markets globally......»»
Tesla dominates 2023 Made In America Auto Index
The Tesla Model Y and Model 3 long-range versions tied for first place in the 2023 Kogod Made in America Auto Index......»»
Comment: Google Maps for CarPlay is a disaster compared to the Android Auto app
Google Maps is perhaps one of the most widely used applications on the planet and, as such, even minor changes to its design are super important. But, on Apple’s CarPlay, Google Maps is in need of a massive overhaul, because it’s a bit of a dumps.....»»