A transparent protective coating material that can heal itself in 30 minutes when exposed to sunlight might just be the solution to car scratches, scientists say.
Read More »New York Auto Show canceled again due to Covid
The New York International Auto Show, which had been scheduled to open to the public in just two weeks, has been canceled due to concerns about the Covid-19 Delta variant and the steps being taken to prevent it. The show was first canceled in the spring of 2020 due to …
Read More »Toyota thanks shareholders for support after shares hit record high
Toyota Motor Corp’s shares reached a record high on Wednesday, earning a rare message of thanks from the company’s president at its annual general meeting (AGM). The share price of Japan’s no.1 carmaker exceeded 10,000 yen ($90.84) on Tuesday for the first time, as investors welcomed Toyota’s strong sales, electric …
Read More »Hyundai Motor Group chases local chipmakers to cut exposure to shortage
Hyundai Motor Group is in talks with South Korean chip companies to help it reduce reliance on foreign supplies amid a global shortage that has halted assembly lines at automakers around the world, four people familiar with the matter told Reuters. Hyundai officials have met with local “fabless” firms – …
Read More »Tesla’s vehicle price increases due to supply chain pressure, Musk says
The price of Tesla vehicles is increasing due to supply chain pressures across the auto industry, particularly for raw materials, Elon Musk said on Monday in response to a tweet. “Prices increasing due to major supply chain price pressure industry-wide. Raw materials especially,” Musk said in a tweet. I really …
Read More »Volvo makes its biggest car recall ever, affecting over 2 million vehicles globally
Chinese-owned Swedish car manufacturer Volvo is recalling nearly 2.2 million vehicles worldwide over concerns that the seatbelts could be less effective over time. The recall is the biggest ever for the brand. The company’s press spokesman, Stefan Elfstrom, told Swedish media that it discovered the “rare” problem with the seatbelts …
Read More »Tesla is now the most valuable US automaker ever
Wall Street’s current love for Tesla has lifted its shares to a level never before achieved by a US automaker. Tesla shares, which are up more than 160% since hitting a 52-week low last June, now have a market value of $86.5 billion. That gives the electric car-maker the distinction …
Read More »Mercedes-Benz unveiled a bizarre car inspired by ‘Avatar’
Mercedes-Benz managed to make a car that looks even more ridiculously futuristic than Tesla’s Cybertruck. At CES on Monday Mercedes-Benz revealed a new concept car called the AVTR. The acronym stands for advance vision transportation, but it is also a reference to the 2009 film “Avatar,” which features blue-skinned characters …
Read More »Audi to slash 9,500 jobs in Germany by 2025
German luxury carmaker Audi said Tuesday it planned to slash 9,500 jobs in Germany by 2025 as part of a massive overhaul to help finance a costly switch to electric vehicles. The job cuts will be achieved through an early retirement programme and natural turnover at its two German plants, …
Read More »What car ‘can be broken into in 10 seconds’
Some of the World’s newest and most popular cars are at risk of being stolen in seconds by exploiting weaknesses in keyless entry systems. The systems let drivers open and start their cars without taking their key out of their pocket. What Car? magazine tested seven different car models fitted …
Read More »Dutch company develops a partly solar-powered car.
The Lightyear One is a car with solar panels stretching across its roof to charge the electric vehicle’s batteries. But whether it’s really a “solar powered car” depends on how you drive it. The car, created by Dutch startup Lightyear, has a charging port to plug into a charger. But …
Read More »Fiat could merge with Renault to become world’s third biggest carmaker.
Fiat Chrysler has proposed a merger with Renault that would create the third biggest carmaker in the world behind Volkswagen and Toyota. The tie-up is aimed at saving billions of dollars for both companies as the car industry moves towards electric and autonomous vehicles. In a statement on Monday, Italian-American …
Read More »World’s most expensive new car unveiled.
French supercar maker Bugatti has unveiled the world’s most expensive new car, sold to an unnamed buyer for at least $11m (£9.5m) before tax. The exact price is not being revealed but is thought to have overtaken the previous new car record – about £8-9m for a Rolls-Royce Sweptail. With …
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