Canadian auto supplier Linamar Corp. plans to break ground “immediately” on a new plant in Welland, Ont., that will house three giga-casting presses capable of producing very large aluminum structural parts for electric vehicles. The Guelph, Ont.-based parts supplier announced the new site in the city south of Niagara Falls as it reported its first-quarter…
Tag: top automotive news
Cupra announced Raval as the name of small electric hatchback
Also on Thursday, the Seat announced record operating profit for the first quarter of 2023, at 144 million euros, compared with five million euros in the first quarter of 2022. Revenue was 3.6 billion euros, 48 percent higher than the first quarter of 2022. Cupra began as a trim line of Seat and became its…
F&I talks over video a good option for car buyers
Jonathan Jordan, director of retail strategy for F&I product provider JM&A Group, said his company launched its so-called virtual F&I offering in 2018. He told Automotive News in late January the company had logged more than 23,000 transactions where the F&I manager and customer had never actually met — with about 20,000 occurring in the…
JLR’s new identities: Range Rover, Discovery, Defender, Jaguar
JLR announced Wednesday that Jaguar’s first car under its new strategy will be a four-door electric GT priced at more than £100,000 ($124,200) with a range of up to 700 kilometers (435 miles). The absence of the Land Rover name in the rebrand created controversy on social media within the UK, with some commentators assuming…
What Happens if ADAS Calibration Isn’t Done?
Automotive design and technology are constantly evolving; each year, vehicles become increasingly advanced and reliable on electronic and computerized features to deliver better safety, performance, and comfort. Windshields are no exception. Although the windshields of newer vehicles may look like they’re just a piece of glass, most of them contain sensors, cameras, and other advanced…
Maserati updated the lineup with a choice of EVs, hybrids, combustion
Peffer said Maserati’s sales last year and so far in 2023 are primarily utility vehicles. Early data shows that around 80 percent of Grecale sales are conquests. The Grecale starts at $64,995 with shipping, a price point that may surprise some consumers. Houston Maserati dealer Steven Wolf said the brand’s image can make people assume…
Transport technology startup funding plunged 43 percent in March
Globally, deal activity in the mobility technology sector for the fourth quarter of 2022 was going flat into 2023, Jonathan Geurkink, a senior analyst at PitchBook, told Automotive News. “We are seeing investment shift away from the activity in and around autonomous driving and the ride-hailing and last mile stuff seems to be tailing off…
Why Windshield Replacement In Arizona Is Important
Not only is it extremely dangerous to drive around in Arizona with a chipped windshield, it’s also illegal. If your windshield is left unrepaired, there is a risk of not only being pulled over but that the crack will rapidly spread. If you have a damaged, cracked or chipped windshield it is imperative that you…