Latest Automobile manufacturing News

Tesla's 2Q sales drop amid supply chain, pandemic problems

Jul. 02, 2022 14:07 PM EDT

DETROIT (AP) — Tesla's sales from April through June fell to their lowest quarterly level since last fall as supply chain issues and pandemic restrictions in China hobbled production of its electric vehicles. The company on Saturday disclosed it sold more than 254,000 cars and SUVs...

Chip shortage keeps driving up auto prices, cutting sales

Jul. 01, 2022 16:26 PM EDT

DETROIT (AP) — U.S. new vehicle sales tumbled more than 21% in the second quarter compared with a year ago as the global semiconductor shortage continued to cause production problems for the industry. Yet demand still outstripped supply from April through June, even with $5 per...

Chip shortage leaves 95K GM vehicles unfinished in storage

Jul. 01, 2022 10:58 AM EDT

DETROIT (AP) — The global shortage of computer chips and other parts forced General Motors to build 95,000 vehicles without certain components during the second quarter. The Detroit automaker said in a regulatory filing Friday that most of the incomplete vehicles were built in...

Volvo to build $1.25 billion electric car plant in Slovakia

Jul. 01, 2022 05:34 AM EDT

BRATISLAVA, Slovakia (AP) — Swedish luxury vehicle maker Volvo Cars plans to build a new European plant in eastern Slovakia, the country's economy minister said Friday. Volvo's third European plant will be located in Kosice, Slovakia's second-largest city, Economy Minister Richard...

New NHTSA chief: Agency to scrutinize auto-driver technology

Jun. 29, 2022 18:52 PM EDT

WASHINGTON (AP) — The new head of the government's road safety agency says it will intensify efforts to understand the risks posed by automated vehicle technology so it can decide what regulations may be necessary to protect drivers, passengers and pedestrians. In an interview...

China's Baidu races Waymo, GM to develop self-driving cars

Jun. 28, 2022 23:51 PM EDT

BEIJING (AP) — With no one at the wheel, a self-driving taxi developed by tech giant Baidu Inc. is rolling down a Beijing street when its sensors spot the corner of a delivery cart jutting into its lane. The taxi stops a half-car-length away. “So sorry,” a recorded voice tells...

Siemens investing in Volkswagen's Electrify America

Jun. 28, 2022 09:51 AM EDT

The German industrial company Siemens will invest more than $100 million in a network of electric vehicle charging stations in North America operated by Volkswagen. Siemens is the first outside investor in the project, Electrify America said Tuesday, and the company is being granted...

Ford receives $101M incentive package to expand in Michigan

Jun. 27, 2022 14:06 PM EDT

LANSING, Mich. (AP) — Michigan lawmakers approved a $101 million incentive package for Ford Motor Co. for a planned project that will create 3,030 jobs and $1.16 billion in manufacturing facility investments throughout the state. The tax-funded incentive will be paid in increments...

Toyota recalls electric car for faulty wheel that may detach

Jun. 24, 2022 06:14 AM EDT

TOKYO (AP) — Toyota is recalling 2,700 bZ4X crossover vehicles globally for wheel bolts that could become loose, in a major setback for the Japanese automaker’s ambitions to roll out electric cars. Toyota Motor Corp. said Friday the cause is still under investigation, but the...

Musk vows fast fix for new "money furnace" Tesla factories

Jun. 23, 2022 14:11 PM EDT

Tesla CEO Elon Musk described the electric automaker's factories in Austin and Berlin as “money furnaces” that were losing billions of dollars because supply chain breakdowns were limiting the number of cars they can produce. In a May 30 interview with a Tesla owners club that...