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Tag: latest news on automobile industry

A Dealer’s Camera System Helps it Beat Claims of Damage

By Didi on September 2, 2024
Image: Bill Pugliano (Getty Images)With the slimy way that dealers often do business, it always comes as a surprise when dealers get a win—and one that’s both right and verifiable. For that, you have to give credit where it’s due. In this case, one dealer’s camera system has been used to catch customers lying about the service department damaging their vehicles, Automotive News reports. Gjovik Ford in Plano, Ill. opened two years ago. Given that the dealer had an 11-acre vehicle lot, owner Todd O’Reilly knew that he would need an excellent security system to cover that kind of…
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Investing in Quality Auto Glass Restores Your Vehicle’s Value

By on July 21, 2023
Just like dents and dings happen on the doors, hood, and body of your vehicle, mishaps also affect the auto glass. Damaged auto glass detracts from the vehicle’s aesthetic appeal, and it also impacts safety while driving. If you plan to sell your vehicle, investing in quality auto glass restores its value in several key ways. What Dealers Consider When Valuing Your Vehicle No matter whether you engage in a private sale or you plan to sell your vehicle to a used car dealer, several factors go into its value. According to Consumer Reports, fixing auto glass defects helps restore…
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Stellantis EV battery plant construction resumes

By on July 16, 2023
Dong-Myung Kim, president and head of the Advanced Automotive Battery Division of LG Energy Solution, called it “a good day not only for our joint venture but also for Canada.” “We are happy to finally move forward with building the country’s first major battery plant and become a central part of the local battery ecosystem,” Kim said in the same statement. “We are grateful to the federal and provincial governments for working together, and to everyone who worked tirelessly to get this deal done.” Danies Lee, CEO of NextStar Energy, said the company “can now focus on what we do…
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Tesla chargers are the most reliable

By on July 8, 2023
The JD Power study found public charging satisfaction was the highest among Tesla vehicle owners. On a 1,000-point scale, Tesla scored 734. The average for all other manufacturers was 558. The Department of Energy says Tesla has almost 20,000 ports in its Supercharger network. That would make it the largest EV charging network in the US Networks using the Combined Charging System — the NACS’ nonproprietary rival — have approximately 11,500 fast chargers. “Tesla simply has the largest and most reliable fast-charging network,” the report said. NACS charging stations will be eligible for federal subsidies under the Bipartisan Infrastructure Law…
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Gentex auto supplier hit by ransomware attack

By on May 24, 2023
According to TechTarget, a Dunghill operator reached out with a link to what the group claims is 5 terabytes of sensitive corporate data from Gentex, including client documents and personal employee information. The report indicated Dunghill posted the stolen information on the dark web as well as shared data with unspecified foreign and domestic manufacturers after Gentex “refused to cooperate.” Threats against companies in the manufacturing industry have become more prevalent and more costly as of late. According to an annual report from IBM, the cost of a data breach for the industrial sector — which includes chemical, engineering and…
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Consider This Before Repairing Your Windshield

By on May 22, 2023
Does your windshield currently have a crack, chip, or some sort of break? While you may not believe the damage is too significant right now, it can turn into a real problem for your safety. As such, windshield repair and replacement are important and should be pursued urgently. The skilled, friendly, and professional team at Lucky Dog Auto Glass has put together a list of questions for you to consider before choosing how to deal with windshield damage–take a look! How bad is the chip in the windshield? Yes, chips may seem small or, as stated above, insignificant, but they’re…
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Elon Musk has found a new Twitter CEO

By on May 17, 2023
Elon Musk said on Thursday he has found a new chief executive for Twitter without naming the person and that he will transition to the role of chief technology officer of the social media platform within the next few weeks. “Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks!,” Musk said in a tweet. The Wall StreetJournal first reported that Comcast NBCUniversal executive Linda Yaccarino was in talks for the job. Word came Thursday that Yaccarino will leave NBC following the reports. Musk has previously not named any prospective candidates, and…
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VW battery plant gets up to $13B in federal money

By on April 29, 2023
Still, the size of the incentives is striking. The production support alone is expected to range from $8 billion to $13 billion over 10 years, depending on how much the plant produces and what happens with US policy. The contract is written so that Canada’s production subsidies will stay in place only as long as the Inflation Reduction Act is in force. If the US reduces its incentives for clean manufacturing, Canada’s will go down proportionally. On top of that, Canada is offering about $700 million in capital expense grants to Volkswagen through its Strategic Innovation Fund. And there may…
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