Renesas, Onsemi cutting backend orders for automotive ICs
Renesas and On Semiconductor (Onsemi) have started scaling back backend orders for their automotive chips in the fourth quarter of 2022, which may indicate the easing of automotive chip shortages, according to industry sources......»»
Biden orders every US agency to appoint a chief AI officer
Federal agencies rush to appoint chief AI officers with “significant expertise.” Enlarge (credit: BRENDAN SMIALOWSKI / Contributor | AFP) The White House has announced the "first government-wide policy to mitigate ri.....»»
Auto industry"s share of global microchip capacity rises as EVs, software grow
The automotive industry surpassed the consumer and industrial sectors in 2023 to become the third-largest end market for semiconductors worldwide as demand for automotive-grade microchips continues to grow......»»
Patch actively exploited Microsoft SharePoint bug, CISA orders federal agencies (CVE-2023-24955)
The Cybersecurity and Infrastructure Security Agency (CISA) has added CVE-2023-24955 – a code injection vulnerability that allows authenticated attackers to execute code remotely on a vulnerable Microsoft SharePoint Server – to its KEV ca.....»»
Ally Financial appoints new CEO
Michael Rhodes will be taking over Ally Financial Inc. as CEO effective April 29, replacing former CEO Jeffrey Brown, who stepped down at the end of January 2024 to take a role as president of Hendrick Automotive Group......»»
Drama intensifies in Piston Group dispute over minority certification
As a bitter legal fight over the minority status of Piston Group, the country’s largest Black-owned automotive supplier, drags on, a national feud has flared up among the councils in charge of certification......»»
Piston Automotive wins $8.5M state grant for plant to supply GM in suburban Detroit
The project marks a return to former stomping grounds for company owner Vinnie Johnson, a two-time NBA champ nicknamed “the Microwave” during his Detroit Pistons heyday......»»
Ford, GM divert shipments as Baltimore bridge collapse upends supplies
“It’s too early to say what impact this incident will have on the auto business, but there will certainly be a disruption," said John Bozzella, CEO of the Alliance for Automotive Innovation......»»
New England"s DCD Automotive, known as Nucar, buys New Hampshire family dealership
New England auto group DCD Automotive Holdings, which operates under the name Nucar, bought a family dealership in Concord, N.H., in December. It will aim to sell at least 75 used cars a month there......»»
Live chat at 1 p.m. EDT Wednesday with Hyundai Motor America CEO Randy Parker
Join us at 1 p.m. EDT Wednesday for an Automotive News live talk from the New York auto show with Hyundai Motor America CEO Randy Parker. Executive Editor Jamie Butters and Reporter Carly Schaffner, who covers Hyundai, Kia, Genesis, Honda, Acura.....»»
The top 5 stories of the week: Nissan"s wholesale push; EVs not turning profits
Here's a quick look at the top automotive stories of the week......»»
Aston Martin, in midst of turnaround, hires Bentley"s Adrian Hallmark as CEO
Adrian Hallmark, a seasoned automotive executive, had become a recruitment target for Aston Martin after returning Bentley to consistent profitability. .....»»
Automotive AI poses EV range and sustainability challenge
Powerful software requires increases in the building blocks of computation, which also require power draw......»»
Investigating variation of fine root vessel traits in topological order within and across tropical tree species
Anatomical and hydraulic traits can indirectly and directly measure the transport capacity of a root, respectively. Exploring variation in root traits along topological orders within species is key to understanding functional shifts along root archit.....»»
Facebook, Instagram may cut fees by nearly 50% in scramble for DMA compliance
Meta's lowest price yet still isn't low enough for most users, NOYB argues. Enlarge (credit: NurPhoto / Contributor | NurPhoto) Meta is considering cutting monthly subscription fees for Facebook and Instagram users in th.....»»
Credit unions and banks fall to captives in auto finance market share
A return of captive finance incentives is likely driving the shift in market share, said Experian's senior director of automotive financial solutions......»»
Holman nearly doubles auto retail business with Leith Automotive megadeal
The transaction closed this week and nearly doubles Holman's auto retail business. It's the latest in a slew of large dealership group acquisitions......»»
Franchised used-car dealer sentiment lowest since pandemic, Cox survey shows
Franchised and independent dealers also reported year over year growth or stability in used-car inventory mix, Cox Automotive's latest Dealer Sentiment Index says......»»
Franchised dealer sentiment lowest since pandemic, Cox survey shows
Franchised and independent dealers also reported year over year growth or stability in used-car inventory mix, Cox Automotive's latest Dealer Sentiment Index says......»»
Next-gen CarPlay battles Android Automotive for carmakers, drivers
Following the demise of Apple's own automotive project, the company's attention has turned to the next-generation CarPlay and its relationship with automakers.A visualization of CarPlayAlthough Apple first debuted a next-generation CarPlay concept in.....»»
The top 5 stories of the week: GM execs depart; Nissan"s Rogue supply problem
A quick look at the top automotive industry stories of the week......»»