Automotive industry

HARMAN Automotive Continues Partnership with Scuderia Ferrari for 2024 Formula One Season

HARMAN Automotive continues its partnership with Scuderia Ferrari for the 2024 Formula One season, with Ferrari set to be the first automaker to incorporate HARMAN’s in-cabin monitoring system, HARMAN Ready Care, into its next-generation road cars. The collaboration will feature an integrated marketing campaign focusing on innovation and excellence, with a focus on driver safety through the adoption of eye-gaze tracking technology. President of HARMAN Automotive, Christian Sobottka, emphasized the shared commitment to pushing technological boundaries, marking the continuation of the partnership with Ferrari.

Michigan’s Auto Industry Faces Uncertainty with Shift to Electric Vehicles

Michigan’s economy is facing a new challenge as the shift towards electric vehicles takes center stage, sparking a contentious debate over its impact on job creation and job loss. President Biden’s endorsement of electric vehicles as a means of creating high-paying jobs and reducing emissions has been met with skepticism by autoworkers, who fear a reduction in manufacturing jobs. The endorsement of President Biden by the United Automobile Workers union has added to the complexity of the situation, with members expressing disappointment and concern over the potential impact of the shift towards electric vehicles on American employment.

Majority of Workers at Largest Mercedes-Benz Plant in U.S. Sign Union Cards in Support of Joining UAW

Workers at the largest Mercedes-Benz plant in the U.S. have signed union cards in support of joining the United Auto Workers (UAW), citing grievances such as pay stagnation and unfair two-tier pay scale. The UAW’s campaign to organize auto plants in the Southeast gains momentum, facing opposition from political and business leaders in Alabama.

Adrian Newey Named 2024 World Car Person of the Year

Adrian Newey of Red Bull Racing has been named the 2024 World Car Person of the Year, recognizing his significant contributions to automotive design and engineering. His innovative approach and commitment to excellence have earned him widespread acclaim, setting new benchmarks for car design and performance.

Biden administration to relax tailpipe emission limits

The Biden administration is planning to relax limits on tailpipe emissions to give car manufacturers more time to increase sales of electric vehicles. This decision is a concession to automakers and labor unions, aiming to address concerns about job losses and consumer demand. President Biden faces challenges in addressing climate change while seeking re-election, with former President Donald J. Trump criticizing the administration’s approach to electric vehicles.

General Motors Reports Strong Earnings Despite EV Market Concerns

General Motors (GM) has defied concerns about the electric vehicle (EV) market by reporting stronger-than-expected earnings in the fourth quarter of 2023. The company’s CEO, Mary Barra, emphasized the importance of a ‘level playing field’ following comments made by Tesla…

ECD Automotive Design Revs Up with New Opportunity in Automotive Manufacturing Industry

ECD Automotive Design, Inc. (ECDA) is revving up its engines with a new opportunity in the automotive manufacturing industry. The company, a micro-cap pick, is focusing on the importation, restoration, and modification of vintage automobiles in a new 100,000 square…

Chery Achieves Remarkable Success in 2023 with 101.1% Increase in Sales

Chery, the renowned automobile manufacturer, has achieved remarkable success in 2023, with a staggering 101.1% increase in sales. This exceptional feat has been celebrated by Carloha, the exclusive national partner of Chery Automobile in Nigeria. The annual sales figure of…

U.S. Army Commits $100 Million to University of Michigan Automotive Research Center

The U.S. Army has announced a renewed commitment to the University of Michigan’s Automotive Research Center, pledging up to $100 million over the next five years. The center, established in 1994, aims to support the U.S. defense industry in developing…

Rivian Releases First-Ever Environmental and Social Impact Report

Rivian, the electric vehicle manufacturer, has recently released its first-ever environmental and social impact report, outlining its commitment to reducing the carbon footprint of its next-generation electric vehicles. The company aims to develop vehicles that are even less polluting than…