AutoNews Now: Biden eyes $50B for chip production, research
Biden eyes $50B for chip production, research | GM's new in-car nav system | Joyson airbags probed | Cruise to operate in Dubai | Autonomous Domino's delivery | Huawei's $1B AV, EV pushRead More
Corporate Leaders Discuss How to Address Georgia's Voting Laws
A coalition of law firms has joined business leaders in wanting to use their clout to oppose state legislation that would make it harder to vote. #styln-signup .styln-signup-wrapper { max-width: calc(100% - 40px); width: 600px; margin: 20px auto; padding-bottom: 20px; border-bottom: 1px solid #e2e2e2; } With Republicans...
Ant Group Announces Overhaul as China Tightens Its Grip
Beijing had accused the internet-finance titan, a sister company of the e-commerce giant Alibaba, of flouting regulations in its quest for growth.China’s fast-moving campaign to curb the power of internet giants has hit its latest mark: Ant Group, the fintech sister company of the e-commerce behemoth Alibaba.Ant announced on Monday that it would undertake...
Pandemic Spending Pushes U.S. Budget Deficit to $1.7 Trillion: Live Updates
The federal government continued to pump huge sums of money into the economy to help workers and businesses cope with the pandemic.Emily Elconin for The New York TimesThe United States budget deficit grew to a record $1.7 trillion in the six months since October, as the federal government continued to pump huge sums of money into the economy to help...
First Shift: Ford dealers plan standalone Bronco stores
Ford dealers plan standalone Bronco stores | EV battery makers settle dispute | GMC to cover Hummer floorplan costs | Lexus scores with golfer's win | Brands go big on badgingRead More
Developing and Deploying Simulation Apps
Developing and Deploying Simulation AppsRead More
Nvidia, Volvo Cars accelerate auto industry race for data-processing power
The Swedish carmaker is among a crowd of new and established automakers putting digital processing power ahead of horsepower as they try to catch up with Tesla Inc. Read More
GM to launch new in-vehicle navigation system
Maps+ will be available to about 900,000 vehicles as part of select Connected Services plans. It's an upgrade from GM's OnStar turn-by-turn navigation tool. Read More
Intel's Mobileye teams with startup Udelv on automated delivery
Mobileye is supplying a fully automated driving system for Udelv’s new Transporter, a boxy electric shuttle without seats or cockpit that is designed specifically for delivery. Read More
NHTSA opens probe into Joyson airbags for possible defect
Mercedes-Benz, Toyota, General Motors and Nissan previously have issued vehicle recall notices for the auto supplier's airbag assemblies over a defect that could prevent the airbags from properly deploying during a crash. Read More
Baker Auto Group expands into Florida
The group, with two stores in New Jersey, has purchased DeSoto Auto Mall. The dealership sells Ford, Chrysler, Dodge, Jeep and Ram vehicles. Read More
Huawei to invest $1 billion on auto technology
The Chinese telecom giant will partner with three automakers initially to make self-driving cars that carry the Huawei name as a sub-brand. Read More
Blind racer gets Cruise support, but he'll drive
The automated driving company is sponsoring Dan Parker's attempt to set a world speed record as a way to promote the potential for AV technology to help visually impaired people get around more easily.Read More
Auto tech startups are hot targets for investors
The COVID-19 pandemic has sparked investors to consider how transportation may soon be transformed. Many see startups as key players in that change.Read More
Pandemic adds resonance to Garff effort
The health crisis canceled plans to pack employees into movie theaters to watch slick promotional videos, turning the effort into a largely digital affair instead, but it didn't diminish the campaign's scope.Read More
Volvo, Nvidia accelerate race for data-processing power
The Swedish automaker is among a crowd of new and established automakers putting digital processing power ahead of horsepower as they try to catch up with Tesla.Read More
Porsche-backed EV maker Rimac warms to SPACs
Rimac will reveal plans this week for a new campus on the outskirts of Zagreb, Croatia, that will have capacity for 2,500 employees -- roughly 2 1/2 times the company’s current headcount. Production is slated to start there in 2023.Read More
France could offer cash to scrap cars for electric bikes
France may become the first country in the world to offer people the chance to trade in an aging vehicle for an electric or folding bicycle by offering them a $2,975 subsidy.Read More
Most European city dwellers support 2030 ban on combustion-car sales, survey finds
The online poll found 63 percent of citizens in 15 cities including London, Warsaw and Budapest supported a phaseout as the EU comes under pressure from some member states to set a date for banning cars with engines.Read More
Magna will develop and build EV with Israeli startup
Magna will jointly design, engineer and build an EV with REE Automotive using the Israeli startup's platform, as the Canadian supplier and contract manufacturer moves further to establish itself in the growing market for EVs.Read More