U.S. senator grills Tesla’s board about Musk

Warren said Musk did not explain how he would manage the conflict between his role as CEO of Twitter and his position at Tesla. “Twitter relies on advertising revenue from…

Renesas to restart Beijing chip factory hampered by COVID outbreak

Tokyo — Renesas Electronics Corp. said it will resume work on Tuesday at its Beijing chip factory, which was closed due to COVID-19 infections, ending one of the first stoppages…

indie Launches Ground-breaking Automotive Controller for Exterior Lighting Applications

Alderviejo, California–(business wire)–Indie Semiconductor (Nasdaq: INDI), an innovator of Autotech solutions, has unveiled the first System-on-Chip (SoC) for exterior automotive lighting. The new iND83080 is a highly integrated LED matrix…

Ford teases a VW-based electric crossover for European market

two EVs It will be built at Ford’s plant in Cologne, Germany, and will replace production of the Fiesta small car. Electrical car. The Explorer Sport spans the compact and…

Alfa Romeo’s U.S. growth plan prioritizes quality

Noirbent said the brand has a 10-year plan and is financially stable. Stellantis Global He said he wants to play a lesser role as a brand and a higher end…

Ford teases a VW-based electric SUV for European market

two EVs It will be built at Ford’s plant in Cologne, Germany, and will replace production of the Fiesta small car. Electrical car. The Explorer Sport spans the compact and…

EVs near gas vehicles on cost, but much more to overcome

According to JD Power, the new study, updated and released monthly, examines millions of data points across 26 data sets to track the progress of the EV shift. It measures…

Van Horn Automotive Group’s employees become majority owners

In the past, some ESOP experts said they didn’t want franchisees to have ESOPs out of concern that automakers would have to deal with complex structures and multiple executives. “I…

Can Carvana turn things around in pivotal 2023?

Carvana was worth more than $4 billion at the end of September, said Sharon Zackfia, a consumer stock research analyst at William Blair who oversees Carvana and smaller online competitors…

The Intersection 12-18-22 | Automotive News

Carvana faces the ultimate challenge in the new year A 98% drop in stock prices raises questions. If a company reshuffles its staff twice a year, you have to wonder.…