#auto-industry

#auto-industry

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.

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.

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.

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.

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.

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.

A vehicle automation company known for prioritizing the concerns of vulnerable road users more than others in the industry is closing - and it's sparking new questions about whether the companies that remain can afford to put safety first.Last week, automakers Ford and Volkswagen announced that they would end their investments in Argo AI, prompting the sudden shutdown of the automated driving startup that had long been considered among the best-positioned to deliver on the promises of so-called driverless cars without further entrenching car dependency.

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.

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.

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.