Biden admin unveils new sanctions on Iran for "unprecedented" attack on Israel
The Biden administration imposed new sanctions on Iran's drone, steel, and auto industries to punish Iran for attacks against Israel without military escalation. [ more ]
Who benefits most from Canada's ambitious EV targets? Maybe China | CBC News
Flavio Volpe, head of the Automotive Parts Manufacturers' Association, believes that Canada's electric vehicle targets cannot be met and will have a negative impact on the domestic auto industry.
Volpe accuses the government of not caring whether EVs are domestically built or come from China, which he believes is damaging to Canadian industry and interests. [ more ]
Who benefits most from Canada's ambitious EV targets? Maybe China | CBC News
Flavio Volpe, head of the Automotive Parts Manufacturers' Association, believes that Canada's electric vehicle targets cannot be met and will have a negative impact on the domestic auto industry.
Volpe accuses the government of not caring whether EVs are domestically built or come from China, which he believes is damaging to Canadian industry and interests. [ more ]
Why is a leading carmaker urging UK to overhaul Brexit deal?
One of the world's largest carmakers has told the UK government it will be unable to keep its commitment to make electric vehicles in Britain without changes to the Brexit deal struck with the EU.Stellantis, the parent company of Vauxhall, Citroen, Peugeot and Fiat, DS, Jeep, Alfa Romeo, Maserati and Abarth, employs more than 5,000 people in the UK, including 1,000 at its electric van factory in Ellesmere Port, Cheshire, and 1,200 at its Luton plant.
Who benefits most from Canada's ambitious EV targets? Maybe China | CBC News
Flavio Volpe, head of the Automotive Parts Manufacturers' Association, believes that Canada's electric vehicle targets cannot be met and will have a negative impact on the domestic auto industry.
Volpe accuses the government of not caring whether EVs are domestically built or come from China, which he believes is damaging to Canadian industry and interests. [ more ]
Who benefits most from Canada's ambitious EV targets? Maybe China | CBC News
Flavio Volpe, head of the Automotive Parts Manufacturers' Association, believes that Canada's electric vehicle targets cannot be met and will have a negative impact on the domestic auto industry.
Volpe accuses the government of not caring whether EVs are domestically built or come from China, which he believes is damaging to Canadian industry and interests. [ more ]
Why is a leading carmaker urging UK to overhaul Brexit deal?
One of the world's largest carmakers has told the UK government it will be unable to keep its commitment to make electric vehicles in Britain without changes to the Brexit deal struck with the EU.Stellantis, the parent company of Vauxhall, Citroen, Peugeot and Fiat, DS, Jeep, Alfa Romeo, Maserati and Abarth, employs more than 5,000 people in the UK, including 1,000 at its electric van factory in Ellesmere Port, Cheshire, and 1,200 at its Luton plant.
Who benefits most from Canada's ambitious EV targets? Maybe China | CBC News
Flavio Volpe, head of the Automotive Parts Manufacturers' Association, believes that Canada's electric vehicle targets cannot be met and will have a negative impact on the domestic auto industry.
Volpe accuses the government of not caring whether EVs are domestically built or come from China, which he believes is damaging to Canadian industry and interests. [ more ]
Editorial: The rise of electric vehicles could mean trouble for Illinois manufacturing
A new report from the International Energy Agency confirms what you probably knew already: The rush is on to electrify transportation.Across the globe, 14% of new cars registered last year were electric, and 26 million electric vehicles were on the road, up a stunning 60% just from 2021.China is leading the way in adoption, followed by Europe and then the U.S., where 8% of new cars sold in 2022 were electric.
Editorial: The rise of electric vehicles could mean trouble for Illinois manufacturing
A new report from the International Energy Agency confirms what you probably knew already: The rush is on to electrify transportation.Across the globe, 14% of new cars registered last year were electric, and 26 million electric vehicles were on the road, up a stunning 60% just from 2021.China is leading the way in adoption, followed by Europe and then the U.S., where 8% of new cars sold in 2022 were electric.
Op-ed: Discovering a friendly prisoner of war on D-Day
This June 6 is the 79th anniversary of D-Day.In the following lightly edited and adapted excerpt from his book "News Stories," former Chicago TV news reporter Peter Nolan takes us to the city in 1944 and tells the story of one Chicago restaurant owner's role in World War II and D-Day.John Rossi was the proprietor of the House of Bertini Restaurant on Wells Street, a few blocks north of the Chicago River.
John Underwood, who hit grand slams with Ted Williams books, dies at 88
John Underwood in 1981.(Tony Triolo/Getty Images)John Underwood, a star writer during the early days of Sports Illustrated who formed an unlikely bond with the irascible Red Sox slugger Ted Williams that led them to co-write two acclaimed books about baseball, including " The Science of Hitting," died April 12 at his home in Miami.
US Corporations Are Bringing Back Child Labor, With Help From GOP Lawmakers
Rather than offering wages attractive to adults, employers want lawmakers to push teens into dangerous jobs.A young girl wearing a face mask walks on the National Mall near the U.S. Capitol in Washington, DC on March 8, 2021.ANDREW CABALLERO-REYNOLDS / AFP via Getty Images Brad Greve has been a Scout leader for more than 20 years.
Auto sales are falling but profits are surging. Welcome to the new normal
A version of this story first appeared in CNN Business' Before the Bell newsletter.Not a subscriber?You can sign up right here.You can listen to an audio version of the newsletter by clicking the same link.The US auto industry just posted its worst sales in more than a decade but that's not necessarily a bad sign for the sector.
Germany Blocks 2 Foreign Investment Deals, Taking a Firmer Line on China
The government of Chancellor Olaf Scholz blocked the sale of a semiconductor company to a Chinese-owned firm on Wednesday, as Germany seeks to toughen protection of its domestic technology and ease its dependence on China.Robert Habeck, Germany's economy minister, said that the government had also blocked a separate investment in a German company producing critical infrastructure, which he said could not be identified because of secrecy agreements.
Lincoln's new concept car is an autonomous EV that runs on vibes
Lincoln is celebrating its 100-year anniversary with the release of the L100, a concept car that harkens back to the automaker's legacy while also looking ahead to a future where pesky controls like steering wheels may no longer be needed.
Op-ed: Discovering a friendly prisoner of war on D-Day
This June 6 is the 79th anniversary of D-Day.In the following lightly edited and adapted excerpt from his book "News Stories," former Chicago TV news reporter Peter Nolan takes us to the city in 1944 and tells the story of one Chicago restaurant owner's role in World War II and D-Day.John Rossi was the proprietor of the House of Bertini Restaurant on Wells Street, a few blocks north of the Chicago River.
John Underwood, who hit grand slams with Ted Williams books, dies at 88
John Underwood in 1981.(Tony Triolo/Getty Images)John Underwood, a star writer during the early days of Sports Illustrated who formed an unlikely bond with the irascible Red Sox slugger Ted Williams that led them to co-write two acclaimed books about baseball, including " The Science of Hitting," died April 12 at his home in Miami.
US Corporations Are Bringing Back Child Labor, With Help From GOP Lawmakers
Rather than offering wages attractive to adults, employers want lawmakers to push teens into dangerous jobs.A young girl wearing a face mask walks on the National Mall near the U.S. Capitol in Washington, DC on March 8, 2021.ANDREW CABALLERO-REYNOLDS / AFP via Getty Images Brad Greve has been a Scout leader for more than 20 years.
Auto sales are falling but profits are surging. Welcome to the new normal
A version of this story first appeared in CNN Business' Before the Bell newsletter.Not a subscriber?You can sign up right here.You can listen to an audio version of the newsletter by clicking the same link.The US auto industry just posted its worst sales in more than a decade but that's not necessarily a bad sign for the sector.
Germany Blocks 2 Foreign Investment Deals, Taking a Firmer Line on China
The government of Chancellor Olaf Scholz blocked the sale of a semiconductor company to a Chinese-owned firm on Wednesday, as Germany seeks to toughen protection of its domestic technology and ease its dependence on China.Robert Habeck, Germany's economy minister, said that the government had also blocked a separate investment in a German company producing critical infrastructure, which he said could not be identified because of secrecy agreements.
Lincoln's new concept car is an autonomous EV that runs on vibes
Lincoln is celebrating its 100-year anniversary with the release of the L100, a concept car that harkens back to the automaker's legacy while also looking ahead to a future where pesky controls like steering wheels may no longer be needed.
Germany, EU reach agreement in combustion engine row
Germany and the European Union announced Saturday that they have reached an agreement in their dispute over the future of cars with combustion engines, allowing the registration of new vehicles with such engines even after 2035 provided they use climate-neutral fuel only.EU Commission Vice-President Frans Timmermans tweeted that we have found an agreement with Germany on the future use of e-fuels in cars.
Very few consumers want subscriptions in their cars, survey shows
The last decade or so has seen the creeping techification of the auto industry.Executives will tell you the trend is being driven by consumers, starry-eyed at their smartphones and tablets, although the 2018 backup camera law is the main reason there's a display in every new car.But automakers have been trying to adopt more than just shiny gadgets and iterating software releases.
Elon Musk's time as Twitter's CEO may soon end after poll decides he should step down
Following Elon Musk's takeover of Twitter, the company has made drastic changes over the last several weeks.Nearly half of Twitter's workforce was laid off as the company completely restructured its revenue model.Musk's intentions included speeding up Twitter, unbanning people who may have been wrongly banned, and to severely reduce the number of spam bots on the site.
By Assemblymember Phil Ting- It's hard to believe that 2022 is almost over.As we get ready to start a new year, I wanted to let you know about a few state laws that I championed taking effect on January 1.At the top of the list are two bills that aim to bring more fairness and equity in the way some of our traffic violations are handled.
Stellantis to idle Illinois assembly plant, lay off workers | CBC News
In this file photo taken on Jan. 19, 2021, the Stellantis sign is seen outside the Chrysler Technology Center, in Auburn Hills, Mich.About 1,350 people are employed at the Belvidere Assembly plant in Illinois, which produces the Jeep Cherokee.(Carlos Osorio/The Associated Press) An auto plant in northern Illinois is expected to close early next year with hundreds of workers being laid off due to the challenge of rising costs related to the electric vehicle market and other factors.
Nine months into Russian President Vladimir Putin's war in Ukraine, the damage done to the world's 11th-largest economy is extensive.Leading Russian banks have been cut out of the global financial system, some $300 billion of central bank reserves are frozen, and hundreds of foreign companies have departed.
Elon Musk's backers cheer him on, even if they aren't sure what he's doing to Twitter
Twitter's new owner Elon Musk at the 2022 Met Gala in New York City in May.Dimitrios Kambouris/Getty Images for The Met Museum/ Elon Musk's acquisition of Twitter has not exactly taken off like a rocket.After trying desperately to get out of the $44 billion purchase, he faced a court battle for reneging.
Very few consumers want subscriptions in their cars, survey shows
The last decade or so has seen the creeping techification of the auto industry.Executives will tell you the trend is being driven by consumers, starry-eyed at their smartphones and tablets, although the 2018 backup camera law is the main reason there's a display in every new car.But automakers have been trying to adopt more than just shiny gadgets and iterating software releases.
Elon Musk's time as Twitter's CEO may soon end after poll decides he should step down
Following Elon Musk's takeover of Twitter, the company has made drastic changes over the last several weeks.Nearly half of Twitter's workforce was laid off as the company completely restructured its revenue model.Musk's intentions included speeding up Twitter, unbanning people who may have been wrongly banned, and to severely reduce the number of spam bots on the site.
By Assemblymember Phil Ting- It's hard to believe that 2022 is almost over.As we get ready to start a new year, I wanted to let you know about a few state laws that I championed taking effect on January 1.At the top of the list are two bills that aim to bring more fairness and equity in the way some of our traffic violations are handled.
Stellantis to idle Illinois assembly plant, lay off workers | CBC News
In this file photo taken on Jan. 19, 2021, the Stellantis sign is seen outside the Chrysler Technology Center, in Auburn Hills, Mich.About 1,350 people are employed at the Belvidere Assembly plant in Illinois, which produces the Jeep Cherokee.(Carlos Osorio/The Associated Press) An auto plant in northern Illinois is expected to close early next year with hundreds of workers being laid off due to the challenge of rising costs related to the electric vehicle market and other factors.
Nine months into Russian President Vladimir Putin's war in Ukraine, the damage done to the world's 11th-largest economy is extensive.Leading Russian banks have been cut out of the global financial system, some $300 billion of central bank reserves are frozen, and hundreds of foreign companies have departed.
Elon Musk's backers cheer him on, even if they aren't sure what he's doing to Twitter
Twitter's new owner Elon Musk at the 2022 Met Gala in New York City in May.Dimitrios Kambouris/Getty Images for The Met Museum/ Elon Musk's acquisition of Twitter has not exactly taken off like a rocket.After trying desperately to get out of the $44 billion purchase, he faced a court battle for reneging.
North American Companies Notch Another Record Year for Robot Orders
The Association for Advanced Automation (A3) reports that slightly more than 44,100 robots were ordered by North American companies, mainly in the U.S., last year, up 11% from 2021.Those orders totaled $2.38 billion, up 18%.The record demand can be attributed in part to the tightest labor market in decades.
Electric vehicle production continues to increase SMMT
The shift to electric car production has continued, figures show.The Society of Motor Manufacturers and Traders (SMMT) reported that combined battery electric, plug-in hybrid and hybrid electric vehicle production increased by almost 50% last month compared with a year ago.The total of 28,329 represented more than four in every 10 cars made in January, a near-record monthly share.
Investigation launched into complaints of Tesla steering wheels coming off mid-drive
US auto safety regulators have opened an investigation into Tesla's Model Y SUV after getting two complaints that the steering wheels can come off while being driven.The National Highway Traffic Safety Administration (NHTSA) says the investigation covers an estimated 120,000 vehicles from the 2023 model year.
Toyota Motor Corp. Land Cruiser Prado (L) and FJ Cruiser sport utility vehicle (SUV) bound for shipment at a port in Yokohama, Japan, on Thursday, Oct. 28, 2022.Toyota Motor is scheduled to release earnings figures on November 1. (Bloomberg)The largest car company on the globe is doubling down in China.
Analysis | China Keeps the Wheels on Electric Vehicles
Toyota Motor Corp. Land Cruiser Prado (L) and FJ Cruiser sport utility vehicle (SUV) bound for shipment at a port in Yokohama, Japan, on Thursday, Oct. 28, 2022.Toyota Motor is scheduled to release earnings figures on November 1. (Bloomberg)The largest car company on the globe is doubling down in China.
Germany: Discussion About Autobahn Speed Limit Returns
Berlin, July 17th, 2022 (The Berlin Spectator) - For decades, Germany has been discussing a general speed limit on the Autobahn, but it was never implemented because the auto industry is the motor of Germany's economy and its lobby is strong.
Investigation launched into complaints of Tesla steering wheels coming off mid-drive
US auto safety regulators have opened an investigation into Tesla's Model Y SUV after getting two complaints that the steering wheels can come off while being driven.The National Highway Traffic Safety Administration (NHTSA) says the investigation covers an estimated 120,000 vehicles from the 2023 model year.
Toyota Motor Corp. Land Cruiser Prado (L) and FJ Cruiser sport utility vehicle (SUV) bound for shipment at a port in Yokohama, Japan, on Thursday, Oct. 28, 2022.Toyota Motor is scheduled to release earnings figures on November 1. (Bloomberg)The largest car company on the globe is doubling down in China.
Analysis | China Keeps the Wheels on Electric Vehicles
Toyota Motor Corp. Land Cruiser Prado (L) and FJ Cruiser sport utility vehicle (SUV) bound for shipment at a port in Yokohama, Japan, on Thursday, Oct. 28, 2022.Toyota Motor is scheduled to release earnings figures on November 1. (Bloomberg)The largest car company on the globe is doubling down in China.
Germany: Discussion About Autobahn Speed Limit Returns
Berlin, July 17th, 2022 (The Berlin Spectator) - For decades, Germany has been discussing a general speed limit on the Autobahn, but it was never implemented because the auto industry is the motor of Germany's economy and its lobby is strong.
The 2023 Consumer Electronics Show (CES 2023) showcased metaverse technologies designed to enhance the auto industry.French auto-parts manufacturer Valeo unveiled an in-car TV system that allows headset-wearing occupants to change channels via sensor-detected hand gestures.Valeo's Ghaya Khemir said external sensors also can integrate pedestrians or landscapes into virtual reality (VR) images, or display relaxing images to relieve stress.
China competition spurs Biden push for domestic biotech subsidies
President Biden will issue an executive order Monday intended to boost the domestic biotechnology industry, which encompasses everything from pharmaceutical manufacturing to plastics to innovative fuels, according to White House officials.