Automotive Industry

It is expecting to see lower operating returns this year, of between 15% and 17%, compared with 18% in 2023.

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ZF also intends to invest $19.6 billion in new technologies and plants in the coming years.

Under that deal, Stellantis would have exclusive rights to build, export and sell Leapmotor products outside China, a first for a legacy western automaker. Stellantis would own 51% of the joint venture.

In 2026, Euro NCAP points will be deducted if some controls aren't physical.

The electric car manufacturer Fisker warns in its latest annual report that it may not be able to continue operations. The current resources are not sufficient to cover the next twelve months.

Weighing in at around 3.5 metric tons, the model can also park sideways like a crab or make a complete turn on the spot thanks to four electric motors, one in each wheel.

Specifically, 5,000 units of the E10X small electric car from JAC Yiwei are being transported to Central and South America.

The robotaxi provider chose to do this after consultation with NHTSA and its own internal review of two incidents that occurred in what it described as “a rare scenario in Phoenix on December 11, 2023, which resulted in no injuries and minor vehicle damage”.

Stellantis’ system is named Hands-Free Active Driving Assist, and it launched with the 2024 Jeep Grand Cherokee.

US-only for now, it seems.

cross-posted from: https://feddit.de/post/8964195

The suspect part had been sourced by a supplier in the VW supply chain and not by VW directly, it was claimed.

It came as Volkswagen was hit by additional claims from German media that it had benefitted from human rights abuses in China’s troubled Xinjiang region.

cross-posted from: https://feddit.de/post/8921573

"Volkswagen is currently in talks with the non-controlled joint venture SAIC-Volkswagen about the future direction of business activities in Xinjiang province. Different scenarios are being considered intensively," a spokesperson said when asked about the report.

Rights groups have documented abuses in Xinjiang, including the ethnic minority Uyghur population being subjected to forced labour in detention camps. Beijing denies any such abuses.