In the midst of what may well be the greatest electric vehicle debacle of the nascent EV era, General Motors put on a happy face telling investors two weeks ago that all things EV and autonomous were going swimmingly to plan with gumdrops and sugar plums coming on the road ahead. GM claimed before-end-of-year availability for the… Read More
There’s a new sheriff in town at the U.S. Department of Transportation in the form of Department Secretary Pete Buttigieg with an acting deputy in Acting Administrator Dr. Steve Cliff at the National Highway Traffic Safety Administration (NHTSA). NHTSA has served notice on bad boy Tesla CEO Elon Musk that it is investigating
U.S. President Joe Biden served notice on the automotive industry that he expects auto makers to shift 50% of vehicle sales to those with electric power trains by 2030. Of course, he included plug-in hybrids in the mix – perhaps in deference to Toyota – and Tesla was oddly absent from the announcement made on the South… Read More
Midway through her seventh year running General Motors it’s time to assess the legacy of CEO and Chairperson Mary Barra, the first woman to run an automobile company. Of the 14 CEOs that have led GM, Barra’s term in office has been exceeded by only four of her predecessors: Alfred Sloan Jr. (May 10, 1923 – June 3, 1946), Roger
Automakers worldwide have scaled back production due to a shortage of semiconductors. Companies which have announced temporary halts on production include Volkswagen, Toyota, General Motors, Ford, Nissan, Honda, Suzuki, Mitsubishi, Daimler (Mercedes) and Stellantis (merger of Fiat-Chrysler and Peugot).
IHS Markit estimates… Read More
Qualcomm took center stage in the automotive industry this week to state its intention to dominate future dashboard infotainment systems. Long known for its wireless connectivity presence, Qualcomm took the wraps off its ramping up infotainment design wins for its Snapdragon 3 platform while revealing its next generation
Tesla Motors kicked off the release of its latest earnings with news of record results and the release of the company’s Full Self Driving beta. Leading up to the earnings, most attention was focused on whether Tesla will meet its original target of 500,000 vehicle shipments this year in spite of the negative impact of the pandemic.
The COVID-19 pandemic has turned the business of reporting news into a funhouse mirror where reality is distorted, up is down, and hopes for improving health and marketplace conditions are simultaneously raised and dashed on a daily basis. The latest news-driven whiplash moment arrived this morning care of the Detroit Free Press
There is a lot of talk about data being the new oil fueling the automotive industry. Industry interest began in earnest in 2016 when McKinsey published a report – “Monetizing Car Data” – that noted in the executive summary that the car data market could be as large as $450B-$750B by 2030.
Some day soon, maybe this year or next, Tesla Motors is going to let the cat out of the bag that its cars are not only connected but are also subject to remote control. Remote control isn’t the sort of feature that consumers look for in their personal transportation, so it isn’t likely to be something Tesla is going to bring… Read More