Category Archives: mobility company

Automotive Chips – Ford Adds GlobalFoundries to Help Design and Supply

GF and Ford have signed a non-binding agreement for GF to create more semiconductor supply for Ford’s current vehicle lineup, as well as joint research and development to address the growing demand for feature-rich chips to support the automotive industry. Continue reading

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GM Revamps Information Technology for Growth

GM said it’s to allow software-enabled services revenue to increase to $20-25 billion annually by 2030. Continue reading

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Toyota Georgetown Kentucky Plant Set for $461M Upgrade. Lexus Manufacturing Leaving US

According to the Japanese global automotive giant, an investment of $461 million will add advanced manufacturing equipment and technologies, coupled with facility layout improvements, which will increase the plant’s operational speed, flexibility and competitiveness. These improvements will expand TMMK’s ability to produce new products, including future electrification. Continue reading

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Stellantis Posts Q3 Net Revenues of €32.6 Billion -14%

Stellantis late yesterday reported Q3 net revenues of €32.6 billion, a decrease of -14% year-over-year. Even with improved vehicle mix and positive net pricing helping revenues, this was more than offset by lower volumes. Results were based on shipments of … Continue reading

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Ford, Newlab Announce Five Cleaner Transportation Startups

“Together, Ford and Newlab are building upon our nation’s goal of reducing carbon emissions and the effects of climate change by advancing commercial fleet electrification,” said Matt Stover, director of charging and energy services, Ford Motor Company. Continue reading

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Ford Motor Earns $3.0 Billion in Q3

Third-quarter revenue of $35.7 billion was down from the same quarter a year ago. Semiconductor availability remains a challenge, but “markedly improved from the second quarter, propelling sequential increases in wholesale shipments and revenue of 32% and 33%, respectively.” Continue reading

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Stellantis on SAE Level 3 Public Road Autonomous Driving

At SAE Level 3, the driver does not need to monitor the driving circumstances constantly but must take back control when the system requests. L3Pilot, the flagship research and innovation project in Europe, is arguably one of the most important for the future of automated driving since it is focused on testing and evaluating the technology as a safe and efficient means of transportation in real traffic conditions. It also assessed technical aspects, driving behavior, user acceptance and impact on traffic and safety. Continue reading

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Honda Aircraft Shows First Light Jet Able to Cross US Nonstop

The HondaJet 2600 also has the tallest cabin height. It has class-leading pressurization with a cabin altitude of 6,363 feet at its max operating altitude. HondaJet 2600 will offer 3 types of modular and customizable cabin configurations. Continue reading

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