The automaker is looking to mitigate the impact it has seen from the global microchip shortage, CFO Paul Jacobson said.
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Three-wheeled self-driving robots are set to launch in three Austin neighborhoods.
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Inventories, down 70 percent since the start of the year, should begin to recover by the fourth quarter, the consultancy said.
Continue Reading the above article 'AlixPartners: U.S. auto sales to hit 16.4 million ...
The firm is looking to streamline Marelli’s portfolio and concentrate on higher-end technology products, such as electrification and lighting, Bloomberg reported.
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The company is opening a new terminal in Texas to serve an area that includes Dallas, Houston, San Antonio and Austin.
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The automaker said it now expects to spend $35 billion on electric and autonomous vehicles through 2025 and that it will be up to $4 billion more profitable in the second quarter than previously projected.
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Little more than a year after its first external fundraising, Waymo said Wednesday the latest round comes mainly from the same group of firms that invested in 2020.
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The automaker is looking to shift chips such as microcontroller units to South Korean designers, Reuters reported.
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The automaker is sticking firmly to its stance that non-electric cars will play a lasting role in global auto markets.
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The luxury brand expects half its global sales to come from zero-emission vehicles by 2026 and that by 2030, each nameplate it offers globally will include an electrified variant.
Continue Reading the above article 'Lincoln to offer 4 all-electric models by 2030...