The auto industry is being upended anew in ways that could challenge Aptiv.
December 27, 2021Gabrielle Coppola
Business, Technology
A Ford F-550 Super Duty. (Ford)
Ford Explores Buying Chips Direct to Offset Shortage
A Ford F-550 Super Duty. (Ford)
Ford Motor Co., responding to a global semiconductor shortage that has crimped profits and production, will explore buying chips directly from GlobalFoundries Inc.
November 18, 2021
Business, Logistics
The Huntington Ford dealership on Rochester Road in Rochester Hills, Mich. (iStock/RiverNorthPhotography)
Car Sales Drop as Chip Shortages Stymie Buyers
The Huntington Ford dealership on Rochester Road in Rochester Hills, Mich. (iStock/RiverNorthPhotography)
After sounding an optimistic note in the first half of the year as soaring car prices padded their profits, auto executives have become more resigned to supply chain headaches after recent COVID-19 outbreaks in Malaysia hampered semiconductor production.
September 30, 2021
Business, Technology, Equipment, Fuel
The BrightDrop EV410. (BrightDrop)
GM Debuts Midsize Electric Delivery Van
The BrightDrop EV410. (BrightDrop)
General Motors Co.’s electric van unit plans to build a new midsized cargo hauler called the EV410, and has signed up Verizon Communications Inc. as the first buyer, the company said Sept. 28.
September 28, 2021
Business, Technology, Autonomous
A logo of the GM Cruise Origin electric driverless shuttle is displayed on the vehicle's door. (David Paul Morris/Bloomberg)
GM Sues Ford in Fight Over Branding of Self-Driving Cars
A logo of the GM Cruise Origin electric driverless shuttle is displayed on the vehicle's door. (David Paul Morris/Bloomberg)
General Motors Co. is suing its competitor Ford Motor Co. for violating a trademarked driver-assist technology that’s used for hands-free features, according to a lawsuit.
July 26, 2021
Business, Technology, Fuel
David Zalubowski/Associated Press
Daimler’s Mercedes-Benz to Start Electric Van Production in US in 2023
David Zalubowski/Associated Press
Mercedes-Benz is bringing production of its new electric delivery van to the U.S. in the second half of 2023, joining a herd of automakers seeking to capitalize on the greening of e-commerce.
March 30, 2021
Business, Technology, Equipment, Fuel
LG lithium-ion batteries at the LS Power Group Gateway Energy Storage project in Otay Mesa, Calif. (Bing Guan/Bloomberg News)
LG to Invest $4.5 Billion to Expand Battery Capacity in US
LG lithium-ion batteries at the LS Power Group Gateway Energy Storage project in Otay Mesa, Calif. (Bing Guan/Bloomberg News)
LG Chem Ltd. plans to invest $4.5 billion in the U.S. by 2025 and hire 10,000 workers to expand battery capacity.
March 11, 2021
Business, Technology, Autonomous
A Lidar sensor is seen on top of a Byton K-Byte electric sedan during AutoMobility LA in November 2018. (Patrick T. Fallon/Bloomberg News)
Lidar Startup Aeva Adds $200 Million to SPAC Deal
A Lidar sensor is seen on top of a Byton K-Byte electric sedan during AutoMobility LA in November 2018. (Patrick T. Fallon/Bloomberg News)
Aeva, a laser-sensor startup founded by two ex-Apple Inc. engineers, is poised to increase its war chest by $200 million with an investment by a Hong Kong-based hedge fund ahead of its public listing via a reverse merger.
January 4, 2021
Government, Business, Technology, Autonomous
A BMW vehicle outfitted with Motional technology drives in Las Vegas, where the venture is partnered with Lyft. (Motional)
Hyundai-Aptiv Venture Wins Driverless Test Approval in Nevada
A BMW vehicle outfitted with Motional technology drives in Las Vegas, where the venture is partnered with Lyft. (Motional)
Hyundai Motor Group and Aptiv Plc’s $4 billion self-driving venture received permission from the state of Nevada to test autonomous vehicles on public roads without a safety driver, the company said.
November 17, 2020
Business, Technology, Autonomous
Austin Russell, founder and CEO of Luminar Technologies, holds a lidar box at the company's headquarters in Portola Valley, Calif., in July 2017. (David Paul Morris/Bloomberg News)
Daimler to Take Stake in Luminar, Diversifying Autonomous Efforts
Austin Russell, founder and CEO of Luminar Technologies, holds a lidar box at the company's headquarters in Portola Valley, Calif., in July 2017. (David Paul Morris/Bloomberg News)
Daimler AG’s truck unit is investing in a laser-sensor startup to bolster its development of self-driving trucks in the U.S. less than a week after striking a deal to use driverless technology from a unit of Google parent Alphabet Inc.
October 30, 2020