• Car & Automotive

    Chip shortage expected to cost auto industry $210 billion in 2021

    Ford started resuming vehicle production in the U.S. on May 18, 2020 with new coronavirus safety protocols such as health assessments, personal protective equipment and facility modifications to increase social distancing. Ford With no end in sight, the semiconductor chip shortage is now expected to cost the global automotive industry $210 billion in revenue in 2021, according to consulting firm AlixPartners. The forecast is almost double it previous projection of $110 billion in May. The New York-based firm released an initial forecast of $60.6 billion in late January when the parts problem started causing automakers to cut production at plants. 

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  • Car & Automotive

    Car-to-cloud connects cars to value

    Car-to-cloud connectivity will increase vehicle features and value, enabling new products and increased personalisation, explains Nimish Shrivastava Modern lives have become increasingly connected, and cars are no exception. During road trips and daily work commutes, cars have become an extension of drivers’ smartphones—and, increasingly, computers on wheels. Historically, the car’s value depreciates the moment it is driven off the lot, but cloud technology is upending that status quo, future-proofing cars for owners while simultaneously creating new revenue streams for automakers, wireless telecommunications companies, and even entertainment brands. For automakers and OEMs, understanding consumer demand is crucial to reaping the full  

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  • Car & Automotive

    AutoMobility LA Faces Dire State Of Auto Shows With Sunny Expectations

    Happer times: A Chevrolet announcement about the Corvette at the 2019 LA Auto Show. LA Auto Show After a two-year hiatus, the Los Angeles Auto Show is returning in November to the Los Angeles Convention Center, promising the sort of global product reveals, press announcements and consumer tire-kicking that has characterized traditional auto shows over the last few decades. It’ll be fascinating to see whether the show now named AutoMobility LA-LA Auto Show regains some lost traction for this highly threatened form of automotive marketing — or underscores why auto shows have become so endangered, on the brink of becoming  

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  • Car & Automotive

    meet chaos, the greek 3,000-horsepower ‘ultra car’ by SP automotive

    chaos is the world’s first ultra-car   designer and automotive engineer spyros panopoulos unveils the world’s first ‘ultra car‘ dubbed chaos, that will make its official debut on november 1. ‘this vehicle is faster than ever before, innovative at all levels, with new technologies and innovative materials.’ according to the SP automotive company. expensive materials including titanium, carbon fiber, kevlar, inconel exhaust system, and zylon, were employed to form the machine. the car‘s monocoque is made of the last aforementioned material, which is the strongest man-made fiber, and its cross-sectional strength beats both steel and carbon fiber.    the vehicle will be  

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  • Car & Automotive

    Tesla is now valued at $1 trillion after a big rally in its stocks : NPR

    A sign hangs above a Hertz rental car office on Aug. 4, 2020, in Chicago. The company said it’s buying 100,000 Teslas in a bold move to diversify into electric vehicles. Scott Olson/Getty Images hide caption toggle caption Scott Olson/Getty Images A sign hangs above a Hertz rental car office on Aug. 4, 2020, in Chicago. The company said it’s buying 100,000 Teslas in a bold move to diversify into electric vehicles. Scott Olson/Getty Images The car-rental giant Hertz is making an audacious bet on electric vehicles, purchasing 100,000 battery-powered vehicles from Tesla. The news of the sale lifted Tesla  

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