» Posted November 19, 2021 Resources
This year has been a tough one for GM and other major auto manufacturers. The ongoing semiconductor chip shortage has zapped what was supposed to be a big bounceback in car sales that stalled early in the pandemic.
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» Posted November 17, 2021 Resources
The global semiconductor shortage has posed a real hurdle for carmakers looking to turn the corner on a couple of slow years caused by the pandemic. Toyota is reportedly ready to start making up for lost time before the end of the year.
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» Posted November 15, 2021 Resources
Electric vehicle startup Lucid says its new car will be the first in the country to come with lidar, according to Bloomberg News. The laser sensor system, which uses beams to map the surroundings, is key to enabling driverless travel.
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» Posted November 12, 2021 Resources
Swedish car manufacturer Volvo is set to go public. Its pitch to investors is that it is high time to pull the plug on gas-powered vehicles. The company is preparing to be listed on the Nasdaq in Stockholm, according to Autoweek. Volvo is reportedly looking to raise $2.9 billion to help fund its pledge to make its entire lineup electric-only by 2030.
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» Posted November 10, 2021 Resources
Hyundai recently recalled some 2016 Sonata Hybrid vehicles over a defect that the company says causes turn signals to malfunction. That marks the fifth time that the cars have been recalled in the five years since they started hitting the road, Jalopnik reports.
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