Lithia Motors outsells AutoNation in Q1
The nation's No. 2 retailer based on new-vehicle sales volume outsold fellow giant AutoNation in the first quarter of 2022......»»
Startup UVeye raises $100 million for AI-powered car inspections
UVeye, a company that uses artificial intelligence for vehicle inspections, has raised $100 million from investors including General Motors Co. and CarMax Inc......»»
Apple’s former head of iCloud will be in charge of making GM car software without CarPlay
Here’s a twist in the ongoing story of GM and CarPlay. General Motors has hired Mike Abbott to run its software team, the company announced today. That’s the same Mike Abbott who just left Apple after spending five years in charge of iCloud soft.....»»
Apple Cloud exec hits the road to lead GM"s software department
Mike Abbott, the former vice president of engineering for Apple Services, has departed to head up General Motors' newly created software department.Abbott, joining as a senior leadership team member, will head up a newly-integrated software departmen.....»»
Rebounding Mitsubishi expects North American profitability to surge
Rebounding Mitsubishi Motors expects North America to emerge at the Japanese carmaker's top profit center and second-biggest global market in the current fiscal year as it reins in incentive spending and gets traction from the Outlander PHEV crossove.....»»
Per-vehicle F&I profit down for 4 publics
Average F&I profit per vehicle retailed in Q1 rose slightly at AutoNation and Sonic, while other publics saw a decline......»»
Cash-strapped Lordstown may tap the brakes on Endurance production
Lordstown Motors on Thursday reported a steep fall in its cash reserves and warned it might have to stop making its Endurance electric pickup truck in the near future unless it finds a partner. The cash-strapped EV maker had earlier this week said.....»»
Researchers discover an alternative to ATP for string-shaped motors in cells
Cells have a fascinating feature to neatly organize their interior by using tiny protein machines called molecular motors that generate directed movements. Most of them use a common type of fuel, a kind of chemical energy, called ATP to operate......»»
Ford will stick with CarPlay as GM exits for Google tech
As General Motors plans to phase out CarPlay for its infotainment system, Ford won't so it doesn't risk losing Apple customers.Ford will continue to stick with Apple's CarPlayIn an interview with Joanna Stern of The Wall Street Journal, Ford CEO Jim.....»»
Analysis: why is Foxconn suspending further investments in Lordstown?
US electric pickup truck startup Lordstown Motors (LMC) previously announced that because Foxconn is suspending further investments, it could be facing bankruptcy. LMC claimed that this move will affect its operations, while Foxconn emphasized that i.....»»
AutoNation announces Formula One partnership with Alpine
The retailer will sponsor the BWT Alpine Formula One team in the Miami Grand Prix in Florida, it said in a statement......»»
Microbot toys demonstrate how biological machines move
By connecting small self-propelling toys in a chain, researchers at the UvA Institute of Physics have found the key to studying the movement of microscopic organisms and molecular motors inside our cells......»»
Mercedes taps F1 team to keep up with Tesla in race for efficient EVs
Mercedes' F1 team is working on new projects developing parts for mass-market EVs, that include batteries, inverters and new generations of motors......»»
Tesla’s magnet mystery shows Elon Musk is willing to compromise
The EV maker said it will expunge rare earths from its vehicles' motors. Enlarge / A 158 kW electric motor for the front-wheel drive of a Tesla Model Y. (credit: Patrick Pluel/Getty Images) Last month, at a livestreamed.....»»
Li Auto breaks record, delivering more than 25,000 vehicles in a single month
Chinese automaker Li Auto broke new records and became the first high-end electric vehicle (EV) brand in China to deliver more than 25,000 vehicles in a single month. This achievement allowed Li Auto to throw off rivals Xpeng Motors, NIO, and Tesla......»»
AutoNation customer experience exec Cannon to retire; CMO named
A veteran retail industry marketing executive will become the dealership giant's new CMO. Marc Cannon will pivot to AutoNation's philanthropic efforts and then retire by the end of 2023......»»
GM cuts several hundred full-time contract workers
General Motors Co said it had cut several hundred full-time contract workers over the weekend including at its engineering hub in suburban Detroit, the latest effort by the automaker to streamline operations......»»
Manley, Barra got top pay from Detroit 3 in 2022
General Motors CEO Mary Barra was again the highest-paid CEO, but she earned less than the $56 million Michael Manley received from his former employer, Stellantis......»»
Lordstown Motors warns of bankruptcy as Foxconn deal unravels
The EV startup said its deal with Foxconn could unravel after the large Taiwanese company threatened to withhold funding, something that could force Lordstown into insolvency......»»
Towards a sustainable superconductor technology with magnesium diboride super magnets
Magnesium diboride (MgB2) is a low-cost, non-toxic superconductor used in field magnets, electric motors, and generators. However, producing nanoscale boron (B) particles to fabricate MgB2 is expensive. Researchers recently tackled this issue by usin.....»»
The latest numbers on the microchip shortage: GM plants hit hardest
General Motors assembly plants in North America have been hit harder by the microchip shortage this year than any others, according to a new estimate by AutoForecast Solutions......»»