by Michael Strong | Jan 19, 2021
General Motors and its autonomous vehicle subsidiary Cruise are moving into the cloud, specifically the Microsoft cloud, as all three have entered into an agreement designed to accelerate the commercialization of self-driving vehicles. The trio will join forces to...
by Michael Strong | Jan 19, 2021
Time is money and Americans blew through $88 billion last year while spending an average of 99 hours sitting in traffic. This happened despite the fact that U.S. motorists drove 380 billion miles cumulatively through October 2020, which is a drop of 13.9% — due to the...
by Michael Strong | Jan 18, 2021
Not every merger involving an automaker these days involves a blank-check company. The newly minted tie-up between Fiat Chrysler Automobiles N.V. and Peugeot S.A. was finalized over the weekend and the resulting company, Stellantis N.V., is enjoying a warm welcome. At...
by Michael Strong | Jan 18, 2021
The explosion of nascent electric vehicle makers in the last few years has resulted in many of those automakers looking to go public through the use of special purpose acquisition companies with the latest also being the biggest: Lucid Motors. The California-based EV...
by Michael Strong | Jan 16, 2021
Chrysler is dead. Perhaps a bit dramatic, but nevertheless, the merger between Fiat Chrysler Automobiles N.V. and Peugeot S.A. became effective today, resulting in Stellantis N.V. Shares of the newly formed Stellantis begin trading on exchanges in France, Italy and...
by Michael Strong | Jan 15, 2021
Toyota Motor agreed to pay the largest civil penalty ever – $180 million – to settle a lawsuit brought by the Department of Justice because the automaker failed to report violations of U.S. emissions regulations for a decade. The Japanese automaker avoided reporting...
by Michael Strong | Jan 14, 2021
With so many states restricting the movement of people in an attempt to reduce the spread of COVID-19, traffic levels in the U.S. have fallen substantially; however, traffic fatalities have not followed suit. The National Highway Traffic Safety Administration reports...
by Michael Strong | Jan 13, 2021
Sony created a big buzz during last year’s Consumer Electronics Show when it rolled out the Vision-S, a battery-electric prototype sedan its engineering team created from scratch, but only as a means of showing off its sensors and other auto-related technology,...
by Michael Strong | Jan 13, 2021
The COVID-19 pandemic and an ongoing legal battle have combined to force Mahindra & Mahindra to cut its North American workforce in half, an estimated 250-plus employees. According to Reuters, the layoffs have been occurring since the middle of 2020, and sources...
by Michael Strong | Jan 12, 2021
The COVID-19 pandemic’s impact on the auto industry has been well documented, from massive drops in sales for part of the year to automakers struggling to implement effective rules for plant workers to how companies had to alter the way they do business to survive....
by Michael Strong | Jan 11, 2021
The carnage of car shows continues as the Detroit Auto Dealers Association, which organizes the North American International Auto Show, cancelled this year’s event. The show, which was last held in 2019, has been cancelled and rescheduled multiple times due to the...
by Michael Strong | Jan 11, 2021
Ford Motor Co. is shuttering its production facilities in Brazil as part of a larger reorganization of its South American operations at a cost of about $4.1 billion. The automaker announced it will stop building vehicles at its Camaçari, Taubaté and Troller plants...
