Intel will dedicate production at its plant in Ireland for the manufacture of chips for automakers as the company pushes into a growing market currently buffeted by shortages that have crippled vehicle production. The U.S.-based chipmaker has a facility in County Kildare in Ireland that has been used for manufacturing its mainstay computer processors. Intel
Europe
MUNICH — Volkswagen Group CEO Herbert Diess is optimistic that there are sufficient funds, internal or external, to pull off its ambitious plan to build six large battery factories across Europe with partners by the end of the decade. “The required capital is available in the market. Northvolt has shown this,” Diess said on the
The executives chosen as 2021 Automotive News Europe Eurostars set themselves apart by exceeding expectations in a very challenging year. Frank Klein, president of Magna Steyr, is this year’s Eurostar winner for Supplier Division Head. For his full profile please click here. Automotive News Europe and Capgemini Invent will honor a new winner each weekday
MUNICH — Mercedes-Benz previewed its upcoming EQS large full-electric SUV with a concept for its ultraluxury Maybach brand. The Concept Mercedes-Maybach EQS was unveiled at the Munich auto show on Monday. It’s a physical concept with a virtual interior designed to recreates the “feel-good atmosphere of an elegant yacht,” Mercedes said in a statement. The
The executives chosen as 2021 Automotive News Europe Eurostars set themselves apart by exceeding expectations in a very challenging year. Jean-Marc Chery, president and CEO of chipmaker STMicroelectronics, is this year’s Eurostar winner for Supplier CEO. For his full profile, please click here. Automotive News Europe and Capgemini Invent will honor a new winner each
MUNICH — Soaring demand for semiconductors means the auto industry could struggle to source enough of them throughout next year and into 2023, though the shortage should be less severe by then, Daimler’s CEO said on Sunday. Automakers, forced by the COVID-19 pandemic to shut down plants last year, face stiff competition from the sprawling
Italy is in talks with the European Union on ways to shield supercar makers, including Ferrari and Lamborghini, from the planned phase-out of combustion engine vehicles by 2035. While the Italian government fully backs Europe’s commitment to cut emissions by phasing out the most-polluting engines, “in the gigantic cars market there is a niche, and
When automotive executives gather in Munich this upcoming week for Europe’s first major car show in two years, they will do more than just lift the veil on shiny sheet metal. These are occasions where big deals tend to get done. Consider one of the last times the auto world descended on a European city
WASHINGTON — U.S. auto safety regulators are investigating a July 26 fatal crash in New York involving a Tesla that may have been using an advanced driver assistance system. In July, several media outlets reported that a 52-year-old man fixing a flat tire on the Long Island Expressway in New York was killed when he
Former Volkswagen and Apple executive Johann Jungwirth is bullish about the future for autonomous vehicles. Jungwirth, who is now a vice president at Intel-owned Mobileye, expects driverless taxis to be on the road in Germany by next year. Mobileye, which is augmenting its camera-based driver-assist systems with help from lidar maker Luminar, has permits to
HANGZHOU, China — “Do you know how big Volvo is?” asked Don Leclair, finance chief at Ford Motor. It was 2008, and Leclair was responding to an offer from a little-known Chinese businessman to purchase the Swedish carmaker, which Ford owned. The businessman, Li Shufu, had a company with less than half Volvo’s sales and
Nikola Corp. said on Thursday it had signed a deal with Germany’s Bosch Group to build Bosch fuel-cell power modules at the U.S. vehicle maker’s facility in Coolidge, Arizona for two of its trucks powered by hydrogen fuel-cells. Bosch, which has a stake in Nikola, will supply fully assembled fuel-cell power modules and other major
PARIS — New-car registrations in France fell by 15 percent in August compared with the same month last year, as the chip shortage and continuing coronavirus uncertainty hindered the market’s recovery. There were 88,066 sales in August 2021 on 22 selling days, compared with 103,631 sales in August 2020, which had 21 selling days, industry