The world’s biggest auto parts suppliers have their hands full this year. But for many of them, the challenges were already piling up in 2019. Well before the coronavirus pandemic brought down global vehicle production in March and turned suppliers’ operations upside-down, the parts industry was taking it in the gut over a steep business
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Lamborghini has teamed up with the Italian Sea Group to launch a yacht inspired by supercars. Deliveries are scheduled to begin in 2021. The new yacht is called Tecnomar for Lamborghini 63, in reference to the automaker’s 1963 founding, and it borrows styling elements from a number Lamborghini cars. The Y-shaped bow lights reference the
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China has changed the global auto industry over the past couple of decades. But China itself has changed, too. During the previous recession — the Great one — while the U.S. was stumbling and shepherding two automakers through a bankruptcy reorganization, China was growing like mad. It became the largest market in the world —
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TOKYO — Nissan CEO Makoto Uchida tried selling the automaker’s new revival plan to skeptical shareholders last week amid an angry showdown over everything from his management style and corporate vision to board member pay and the company’s plunging share price. Some attendees at the June 29 annual shareholders meeting even harked back wistfully to
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Shari Sandidge cut staffing levels at her Miller Buick-GMC dealership in Woodbridge, N.J., by more than half as the coronavirus pandemic hit. And while she has since brought many employees back with the help of federal loan money, she has also eliminated three positions out of concern for slower sales. “There’s been so much unknown,”
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Britain’s Ineos Group, one of the world’s largest chemical companies you’ve likely never heard of, is preparing to enter the auto industry with a new-from-the-wheels-up utilitarian SUV. It’s a boxy, rugged-looking, midsize four-by-four whose size and shape makes it a near doppelganger for the classic Land Rover Defender 110 wagon that ended production in 2016.
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Dodge is killing two nameplates that account for nearly half of its U.S. sales in the coming months to complete its transformation from a collection of pleasant people haulers into an army of asphalt-eating muscle machines. A limited-run Hellcat version of the Durango and an 807-hp Challenger are on the way as the brand loses
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Why do they bother? That question is asked of smaller brands that find themselves struggling to compete in the U.S. market sometimes. Why don’t they just throw in the towel? A few decades ago, industry sages wondered aloud how a brand such as Mitsubishi could seriously envision competing in the U.S. — not just against
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Last week’s announcement that professional baseball will return this year, at least in a limited format, was cause for celebration for fans who have been sports-starved since the rise of the coronavirus pandemic. Equally hopeful are automakers that have been missing out on one of their key marketing platforms — live sports. But physical distancing
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Infiniti offers five trim levels on its 2020 QX50, which is an unusually wide range not matched by most rivals. However, the 2020 Infiniti QX50 doesn’t offer many options, and the automaker bundles features some buyers might want in versions that may bust their budgets. We rate the lineup at 7 out of 10 on
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The inaugural World EV Day, taking place on September 9th 2020, will be a day of global e-mobility appreciation. Current and prospective drivers of electric vehicles, alongside local transport authorities and fleet operators, will be encouraged to recognise the crucial role which they play in driving the shift to sustainable road transport and a zero-emission
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Recovering from the economic effects of the coronavirus pandemic just got a little harder for some automakers. Ford Motor Co., Honda North America Inc. and Volkswagen Group of America all vowed last month to drop paid Facebook advertisements for about 30 days, voluntarily giving up a key piece of their digital ad strategies as they
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As in-lane bidders return to wholesale auto auctions amid the coronavirus pandemic, one thing is clear: Used-vehicle buyers want both physical and digital sales. In-lane buyers at Manheim returned last week for the first time in three months at a handful of auctions while rival ADESA was allowing in-person buyers at more than two dozen
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Volvo Cars and Swedish supplier Veoneer have completed the split of their automotive software joint venture Zenuity, the companies said Thursday. Under the agreement, Volvo will set up a new wholly owned company to take over Zenuity’s current development and commercialization of unsupervised autonomous driving software. As part of the agreement, Zenuity’s operations and people
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LOS ANGELES — Hyundai Motor America COO Brian Smith is leaving the automaker just short of three years on the job. Smith’s exit is effective July 6. “The position of Hyundai Motor America COO will not be replaced at this time as the company continues to prioritize and consolidate its regional management structure around the
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