Tag: industry

GM, Stellantis, And Ford Could Be Fined Billions If New CAFE Rules Are Implemented

GM, Stellantis, And Ford Could Be Fined Billions If New CAFE Rules Are Implemented | Carscoops <!—-><!– –><!– –><!—-><!—-> New CAFE regulations could increase fleet-wide averages to 58 mpg by 2032 https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 2 hours ago <!––> <!– –> A potential hike in fuel economy standards through 2032 proposed by the Biden […]

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You’re Now Paying An Average Of $533 Per Month For A Used Car – And That’s A Risk For Everyone

You’re Now Paying An Average Of $533 Per Month For A Used Car – And That’s A Risk For Everyone | Carscoops <!—-><!– –><!– –><!—-><!—-> Both lenders and consumers face big risks as monthly payments rose to $533-a-month in Q1 2023, but the underlying value of those vehicles failed to keep up 2 hours ago […]

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VW Cancels Trinity Factory, Moves Tesla Fighter To Zwickau, Confirms 2026 Sub-€20k EV

VW Cancels Trinity Factory, Moves Tesla Fighter To Zwickau, Confirms 2026 Sub-€20k EV | Carscoops <!—-><!– –><!– –><!—-><!—-> The German automaker also confirmed that the electric Golf MK9 will be produced in Wolfsburg 2 hours ago <!––> <!– –> Volkswagen announced a revised strategy plan for its German factories through 2028, resulting in a healthy […]

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Jeep CEO Christian Meunier Out As Brand’s Sales Tank

Jeep CEO Christian Meunier Out As Brand’s Sales Tank | Carscoops <!—-><!– –><!– –><!—-><!—-> Former Infiniti man is being replaced by Antonio Filosa who previously worked at Stellantis’ South American division from 2017-21 https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton 1 hour ago <!––> <!– –> Earlier this week Jeep was bragging about how its new European-market […]

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Brand Loyalty Is On The Decline, But Porsche And Toyota Are Still Kings

Brand Loyalty Is On The Decline, But Porsche And Toyota Are Still Kings | Carscoops <!—-><!– –><!– –><!—-><!—-> A J.D. Power study found that as dealer inventory rises and competition increases, consumers are losing their brand loyalties, but some automakers are finding ways to hang on to their customer base 5 hours ago <!––> <!– […]

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Giving students the computational chops to tackle 21st-century challenges

Graduate student Nikasha Patel ’22 is using artificial intelligence to build a computational model of how infants learn to walk, which could help robots acquire motor skills in a similar fashion. Her research, which sits at the intersection of reinforcement learning and motor learning, uses tools and techniques from computer science to study the brain […]

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European Subsidy Probe Scrutinizes BMW, Tesla, And Renault EVs Built In China

European Subsidy Probe Scrutinizes BMW, Tesla, And Renault EVs Built In China | Carscoops <!—-><!– –><!– –><!—-><!—-> Just because they have a European brand name doesn’t mean that they don’t benefit from Chinese subsidies, EU says as it looks to protect local manufacturing 5 hours ago <!––> <!– –> Europe is investigating whether electric vehicles […]

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Struggling Mitsubishi Chased Out Of China By Local Brands

Struggling Mitsubishi Chased Out Of China By Local Brands | Carscoops <!—-><!– –><!– –><!—-><!—-> Mitsubishi will end production in China after struggling to compete with domestic automakers and their EV lineups https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton 2 hours ago <!––> <!– –> In a move that reminds us yet again of the growing power and […]

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Hyundai Sells Russian Plant Idling Since Last Year To Local Firm

Hyundai Sells Russian Plant Idling Since Last Year To Local Firm | Carscoops <!—-><!– –><!– –><!—-><!—-> Hyundai has the option to buyback the plant from the Russian firm within two years https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson September 27, 2023 at 05:37 <!––> <!– –> An unnamed Russian company has agreed to purchase Hyundai’s production facility […]

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Brits May Have To Pay An Extra 10% For EVs Due To European Tariffs

Brits May Have To Pay An Extra 10% For EVs Due To European Tariffs | Carscoops <!—-><!– –><!– –><!—-><!—-> Trade rules will require EVs to have 45% locally produced content from 2024 in the UK and Europe https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 11 hours ago <!––> <!– –> Britain’s exit from the European Union continues […]

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Dirty Cars Can Breathe Easy After EU Drops Planned Euro 7 Emissions Rules

Dirty Cars Can Breathe Easy After EU Drops Planned Euro 7 Emissions Rules | Carscoops <!—-><!– –><!– –><!—-><!—-> European ministers agree to proposal to water down tough tailpipe regs, though tire and brake emissions will still be introduced https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton 2 hours ago <!––> <!– –> In a victory for carmakers, or […]

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German Transport Minister Doesn’t Want EU To Impose Tariffs On Chinese EVs

German Transport Minister Doesn’t Want EU To Impose Tariffs On Chinese EVs | Carscoops <!—-><!– –><!– –><!—-><!—-> German transport minister Volker Missing says automakers need to focus on producing electric vehicles competitively instead https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 4 hours ago <!––> <!– –> Soon after the European Commission launched an investigation into Chinese-made electric […]

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Tesla Plans To Triple Austin Worker Count To 60,000 Once Cybertruck Production Is Underway

Tesla Plans To Triple Austin Worker Count To 60,000 Once Cybertruck Production Is Underway | Carscoops <!—-><!– –><!– –><!—-><!—-> Tesla is poised to be the largest corporate employer in central Texas as it aims to increase headcount from 20,000 to 60,000 https://www.carscoops.com/author/sam-d-smith/ <!––> by Sam D. Smith September 25, 2023 at 17:01 <!––> <!– –> […]

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Toyota Wants To Accelerate EV Production As It Plays Catch Up To BYD And Tesla

Toyota Wants To Accelerate EV Production As It Plays Catch Up To BYD And Tesla | Carscoops <!—-><!– –><!– –><!—-><!—-> In a drastic shift for the brand, which has been reluctant to fully embrace electric vehicles, Toyota now plans to triple production by the end of 2025 https://www.carscoops.com/author/sam-d-smith/ <!––> by Sam D. Smith 4 hours […]

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If Chinese EVs Are A Global Powerhouse, Why Can’t Americans Buy Them?

If Chinese EVs Are A Global Powerhouse, Why Can’t Americans Buy Them? | Carscoops <!—-><!– –><!– –><!—-><!—-> Estimates suggest that China will produce 60 percent of the EVs sold on earth this year. So why can’t you see any zooming down the street if you live in America? September 23, 2023 at 15:30 <!––> <!– […]

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First US-Bound Grenadiers Leave Ineos Factory, Would You Buy It Over A Defender?

First US-Bound Grenadiers Leave Ineos Factory, Would You Buy It Over A Defender? | Carscoops <!—-><!– –><!– –><!—-><!—-> Ineos has over 7,000 American orders for Grenadier and will deliver the first of those in November https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton September 22, 2023 at 09:00 <!––> <!– –> Ineos is on the way to delivering […]

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How China Is Flooding The World With Cheap EVs — And Why Europe Wants To Stop It

How China Is Flooding The World With Cheap EVs — And Why Europe Wants To Stop It | Carscoops <!—-><!– –><!– –><!—-><!—-> Just how is China able to offer its EVs so much cheaper than anyone else in Europe? https://www.carscoops.com/author/sam-d-smith/ <!––> by Sam D. Smith 3 hours ago <!––> <!– –> Shares in Chinese automakers slid […]

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China Might Have To Partner With, Or Buy Western OEMs To Conquer Europe

China Might Have To Partner With, Or Buy Western OEMs To Conquer Europe | Carscoops <!—-><!– –><!– –><!—-><!—-> Study says imports alone won’t deliver market share and that China could be forced to buy up more Western automakers to gain recognition and trust https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton 1 hour ago <!––> <!– –> China’s […]

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School of Engineering welcomes Songyee Yoon PhD ’00 as visiting innovation scholar

Songyee Yoon PhD ’00, an entrepreneur, innovator, investor, and leader in AI and the gaming industry, has been appointed as a School of Engineering visiting innovation scholar for the 2023-24 academic year. Yoon, who is as a member of the MIT Corporation, serves as president and chief strategic officer of NCSOFT, a world leader in […]

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GM Once Viewed Tesla As A ‘Bunch of Engineers Playing With Laptop Batteries’ Says Nikola CEO

GM Once Viewed Tesla As A ‘Bunch of Engineers Playing With Laptop Batteries’ Says Nikola CEO | Carscoops <!—-><!– –><!– –><!—-><!—-> Nikola’s newly appointed CEO served on GM’s board of directors from 2009 to 2016 September 19, 2023 at 19:37 <!––> <!– –> Nikola’s newly appointed CEO, Steve Girsky, who has assumed the role in […]

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VW Wants To Stop EV Production At Its Weird See-Through Dresden Plant: Report

VW Wants To Stop EV Production At Its Weird See-Through Dresden Plant: Report | Carscoops <!—-><!– –><!– –><!—-><!—-> Cost-cutting measure would mean end of ID.3 builds at factory opened in 2002 for Phaeton flagship https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton 5 hours ago <!––> <!– –> Volkswagen’s Dresden plant isn’t like most car factories. While most […]

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Tesla Model 3 Becomes First-Ever EV To Crack Into Top 10 Leased Vehicles In America

Tesla Model 3 Becomes First-Ever EV To Crack Into Top 10 Leased Vehicles In America | Carscoops <!—-><!– –><!– –><!—-><!—-> The Tesla Model 3 accounted for 1.79 percent of all vehicles leased in the second quarter of 2023, marking the first time an EV has made it into the top 10 on the new vehicle […]

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Journalist Asks GM CEO Mary Barra About $29 Million Compensation After UAW Strike

Journalist Asks GM CEO Mary Barra About $29 Million Compensation After UAW Strike | Carscoops <!—-><!– –><!– –><!—-><!—-> On average, the Detroit Three’s CEOs are making 40 percent more today than they did four years ago 2 hours ago <!––> <!– –> GM CEO Mary Barra was forced to defend her $29 million compensation package […]

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Have New Car Prices Finally Hit A Ceiling After Years Of Increases?

Have New Car Prices Finally Hit A Ceiling After Years Of Increases? | Carscoops <!—-><!– –><!– –><!—-><!—-> The average transaction price of a new vehicle sold in the U.S. last month was $48,451, just $42 higher than in August 2022 https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 1 hour ago <!––> <!– –> Both new and used […]

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Polestar Aims To Build Out Luxury Premium Niche Instead Of Smaller, Cheaper Cars Like Tesla

Polestar Aims To Build Out Luxury Premium Niche Instead Of Smaller, Cheaper Cars Like Tesla | Carscoops <!—-><!– –><!– –><!—-><!—-> CEO Thomas Ingenlath has a clear plan that includes adding content and value even in the face of higher pricing September 16, 2023 at 18:05 <!––> <!– –> Polestar is what Gregor Hembrough, head of […]

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Future science at the molecular level

Innovating at the intersection of chemistry, biology, and engineering, Professor Brad Pentelute and the Pentelute Lab at MIT invent new chemistry, platforms, and techniques that might revolutionize therapeutics. Their formula in brief: nature-inspired research that begins at the molecular level, infused with state-of-the-art machine learning and automation, aimed at solving real-world problems. Take, for example, […]

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United Auto Workers Begin Strike At Ford, GM And Stellantis Plants

United Auto Workers Begin Strike At Ford, GM And Stellantis Plants | Carscoops <!—-><!– –><!– –><!—-><!—-> Almost 13,000 workers at three Big Three sites will be involved in initial strike action https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton September 15, 2023 at 05:27 <!––> <!– –> Thousands of employees at Detroit’s Big Three have downed tools after […]

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Ford CEO Jim Farley Says UAW Demands Would Bankrupt The Company

Ford CEO Jim Farley Says UAW Demands Would Bankrupt The Company | Carscoops <!—-><!– –><!– –><!—-><!—-> Farley says that despite sincere efforts to strike a “historic deal” his company hasn’t received a counter offer whatsoever 4 hours ago <!––> <!– –> The United Auto Workers union and big automotive brands like Ford are throwing big […]

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Tesla’s Breakthrough Terapresses Could Slash Production Costs For Sub-$25K Model 2 EV

Tesla’s Breakthrough Terapresses Could Slash Production Costs For Sub-$25K Model 2 EV | Carscoops <!—-><!– –><!– –><!—-><!—-> Working off the success of the gigapresses it used to make the Model Y, Tesla could push the technology even further to make the entire underbody of the Model 2 out of a single part, saving time and […]

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UAW Threatens Strikes Against Stellantis, GM, And Ford, Could Cost Them $5 Billion

UAW Threatens Strikes Against Stellantis, GM, And Ford, Could Cost Them $5 Billion | Carscoops <!—-><!– –><!– –><!—-><!—-> The UAW is asking for 40% pay increases as well as 32-hour work weeks https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 4 hours ago <!––> <!– –> The United Auto Workers is inching closer to launching strikes targeted at […]

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