News

Hackers compromised some online accounts of General Motors customers in April, potentially accessing addresses, phone numbers and other personal information, according to a data breach notice filed with California regulators. In a letter to affected customers, GM said it identified suspicious login attempts to an unspecified number of accounts between April 11 and April 29.
0 Comments
BMW North America named Raymond Wittmann to be its next CFO and Marcus Casey to become head of marketing communications, replacing a pair of executives who are taking posts with BMW in Europe. Both appointments, announced Friday, will take effect Sept. 1. Wittmann, 50, replaces Stefan Kramer, who was executive vice president and CFO since
0 Comments
DETROIT — Jake Neher has joined the Automotive News multimedia team as coordinating producer for audio. Neher, 34, has worked in public radio for the past 12 years. Most recently, he was senior editor for WDET’s “Detroit Today With Stephen Henderson” and co-host of its popular Michigan politics podcast, “MichMash.” A Michigander for most of
0 Comments
WASHINGTON — As the auto industry endures global supply chain disruptions, including a semiconductor shortage that emerged from the COVID-19 pandemic, one trade association is hoping to avoid déjà vu. “Right now, our No. 1 public policy issue is to get passage of the competition bill that is making its way through Congress,” said Ann
0 Comments
Supplier American Axle & Manufacturing Holdings Inc. is exploring a potential sale, people familiar with the matter told Bloomberg. The company has hired an adviser to help with the process, the people said, asking not to be identified discussing private information. A leveraged buyout through a private equity firm is a likely option, one person
0 Comments
TOKYO — Valeo, a pioneer in commercializing lidar technology, is developing a more advanced version of its laser-emitting safety systems for debut in 2024 that promises a twelvefold increase in resolution, a tripling of range and a much wider viewing angle that can see details the human eye, cameras and radar cannot. The lidar lineup,
0 Comments
Honda’s all-electric Prologue crossover is taking shape as the automaker prepares for an electrified future that targets half a million EV sales in North America by 2050. The 2024 Prologue, Honda’s first volume EV, will leverage General Motors’ Ultium platform and batteries as part of a partnership between the two automakers. Honda has said it
0 Comments
Volkswagen Commercial Vehicles has announced that prices for the ID Buzz electric van will start at 54,430 euros ($57,220) in Germany for the Cargo version and 64,581 euros ($67,891) for the five-seat passenger Pro version. Orders will open on Friday for the Buzz, with retro styling that evokes the original air-cooled, rear-engine VW Kombi (or
0 Comments
AUSTIN – Self-driving startup Argo AI on Tuesday said it had launched driverless vehicles in Miami, Florida and Austin, Texas, but added the vehicles initially were used for in-house testing, with commercial applications following at an unspecified time. Argo, backed by Ford and Volkswagen AG, has tested its robotaxis on public roads in both cities
0 Comments
Dealership marketing company AutoWeb says its board will explore strategic alternatives for the company, including a potential sale or restructuring, as “substantial doubt” exists about its ability to continue as a going concern. The Tampa, Fla.-based company said Monday that a special board committee will evaluate strategic alternatives, including obtaining new debt or equity funding;
0 Comments
MEXICO CITY – General Motors has agreed a 8.5 percent wage hike with the new, independent union at its pick-up truck plant in the central Mexican city of Silao, labor representatives said on Thursday, one of the highest recent raises in the country’s auto industry. A GM Mexico spokeswoman confirmed the raise in an email
0 Comments
Shakespeare was wrong when Romeo rhetorically asks, “What’s in a name?” The answer is not irrelevant — it’s money. In fact, Volkswagen is banking on that fact. The German automaker is moving ahead with plans to resurrect the Scout name that it acquired last year when its heavy-truck brand merged with Navistar and, in the
0 Comments
TOKYO — Rebounding Mitsubishi Motors Corp. stepped up its recovery in the latest quarter, bouncing back to profitability on better sales and beneficial foreign exchange rates. The Japanese automaker forecast steady operating profit in the current fiscal year, citing continued momentum of a more profitable product mix, despite rising procurement costs. In the fiscal fourth
0 Comments