Tong Hsing to expand packaging capacity for automotive CIS
Backend house Tong Hsing Electronic Industries plans to expand production capacity in three phases for automotive CMOS image sensors (CIS), while Chinese peers are also enforcing capacity expansions for lower-end CIS solutions, according to industry.....»»
Honda to spend $11 billion on four EV factories in North America
The new facilities are in addition to the previously announced EV hub in Ohio. Enlarge / Honda is investing CAD$15 billion (US $11 billion) to expand EV manufacturing in North America with four sites in Ontario, Canada. (credit:.....»»
Fred Beans buys 4 Rosenthal Automotive dealerships
Rosenthal Automotive Organization divested four Philadelphia area dealerships it bought in June 2022 from Sussman Automotive Group......»»
Pretax charges drop Sonic Automotive"s Q1 net income
The company said $7 million in pretax charges contributed to a 12 percent dip in first-quarter net income......»»
Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
Hyundai doubles down on hybrids after Q1 profit slips 2.4%
After posting a 2.4 percent drop in quarterly profit, Hyundai said it will continue to expand its electrified model lineups globally by introducing more hybrids and new Ioniq models......»»
Updating California’s grid for EVs may cost up to $20 billion
Charging electric vehicles at home will exceed most power lines' capacity. Enlarge (credit: boonchai wedmakawand) California's electric grid, with its massive solar production and booming battery installations, is alread.....»»
Column: What’s under the Tesla Cybertruck’s skin? Teardown expert Sandy Munro shows us
Teardown expert Sandy Munro bought two Cybertrucks, one to tear down piece by piece and examine, and the other to drive. Munro, 75, detailed for Automotive News much of what he's seen of the Cybertruck's underpinnings......»»
Column: Column: What’s under the Tesla Cybertruck’s skin? Teardown expert Sandy Munro shows us
Teardown expert Sandy Munro bought two Cybertrucks, one to tear down piece by piece and examine, and the other to drive. Munro, 75, detailed for Automotive News much of what he's seen of the Cybertruck's underpinnings......»»
Tesla Cybertruck is loaded with advanced technology, says teardown expert Sandy Munro
Teardown expert Sandy Munro bought two Cybertrucks, one to tear down piece by piece and examine, and the other to drive. Munro, 75, detailed for Automotive News much of what he's seen of the Cybertruck's underpinnings......»»
We finally know when Apple will announce its 2024 iPads
Next month, Apple will lift the covers from its next-gen slates. The iPad Pro could get an OLED display upgrade, while the mid-tier Air line will expand......»»
Here are the 5 least expensive EVs in the first quarter
Each of the five least expensive EVs is less than $41,000 with automaker and dealer incentives, according to Cox Automotive data......»»
Honda nears deal with Canada to boost EV capacity in Ontario, report says
Canada is on the verge of an agreement with Honda Motor Co. that would see the automaker build EVs and their components in Ontario, according to people familiar with the matter......»»
Top 5 stories of the week: Stellantis clashes with suppliers; GM"s headquarters move
A quick glance at the top automotive stories of the week......»»
Novel material supercharges innovation in electrostatic energy storage
Electrostatic capacitors play a crucial role in modern electronics. They enable ultrafast charging and discharging, providing energy storage and power for devices ranging from smartphones, laptops and routers to medical devices, automotive electronic.....»»
5-figure EV discounts emerge amid bloated inventories
Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox Automotive......»»
Tim Cook visits Singapore as Apple invests in a $250 million AI campus expansion
CEO Tim Cook has continued his tour of Asia by visiting Singapore, where he announced that Apple will spend $250 million to expand its existing campus there.Apple Marina Bay Sands store, SingaporeApple does not release Tim Cook's schedule in advance,.....»»
Bloated EV inventory fuels 5-figure discounts. Will more buyers emerge?
Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox Automotive......»»
Tim Cook visits Singapore as Apple invests $250 million
CEO Tim Cook has continued his tour of Asia by visiting Singapore, where he announced that Apple will spend $250 million to expand its existing campus there.Apple Marina Bay Sands store, SingaporeApple does not release Tim Cook's schedule in advance,.....»»
Rivian cuts more jobs with woes mounting for electric vehicle market
Rivian Automotive Inc. will cut an another 1 percent of its workforce, the second round of layoffs this year as the electric vehicle industry grapples with flagging consumer demand......»»
Feds expand investigation into Honda’s automatic emergency braking system
3 million Honda Accords and CR-Vs are fitted with Collision Mitigation Braking System. Enlarge / Honda's forward collision warning system has always been sensitive. Now the NHTSA is investigating some Hondas for false-positive au.....»»