Tesla goes ahead with China hiring event after Musk job warning

SHANGHAI -- Tesla Inc. was proceeding with an online hiring event in China on Thursday and added two dozen new job postings for the country, a week after CEO Elon Musk threatened job cuts at the automaker and said the company was "overstaffed" in some areas.

Tesla has 224 current openings in China for managers and engineers under that category, according to a separate post on its WeChat account, 24 of which were newly posted on Thursday.

Among the posted positions are managers and engineers to supervise the operation of its 6,000-ton die casting machinery known as Giga Press, one of the world's biggest.

Tesla regularly holds such hiring events online in China, with the latest one held in May for summer interns.

Tesla's China revenue more than doubled in 2021 from a year ago, contributing to a quarter of the total income for the U.S. automaker.

The Shanghai plant, which manufactures Model 3 and Model Ys for domestic sale and export, produc…

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Following Amazon Alexa, Jaguar Land Rover will release What3words update for 350,000 vehicles

Jaguar Land Rover said it will integrate geolocation program What3words into more than 350,000 existing vehicles to streamline in-vehicle navigation.

Only vehicles with the Pivi Pro infotainment system will be able to download the update, and all new vehicles with the system will include What3words. The Jaguar F-Type, which utilizes a different infotainment system, will be excluded.

The update, announced Thursday, follows the company's February release of Amazon Alexa for nearly 200,000 of its vehicles. Unlike that rollout, What3words will not require an online pack subscription, said Frankie Cowan, public relations manager for What3words.

The navigation software had been previously implemented in a number of new Land Rover vehicles that were chosen "semi-randomly," Cowan said. The software has been adopted by other brands such as Mercedes-Benz and Subaru, but Jaguar Land Rover will be the first to implement the system into vehicles already on the road.<…

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Didi seeks stake in Sinomach’s EV venture, report says

HONG KONG -- China's Didi is in talks with state-backed Sinomach Automobile to buy a third of its electric-vehicle unit, two sources said, signalling the ride-hailer's regulatory troubles are in the rear view mirror as it focuses on growth.

The deal, if completed, would accelerate Didi Global Inc.'s strategic expansion in the world's largest EV market and help cushion the impact of the pandemic on its core ride-hailing business.

Scrutiny from Beijing for suspected violation of data security has forced Didi to pursue a delisting from New York and rein in its business but there are signs of a thaw. The Wall Street Journal reported on Monday that regulators are set to conclude their investigations into the company.

Didi aims to acquire shares in small automaker Sinomach Zhijun Automobile from minority shareholders and inject new capital into the company, one of the sources told Reuters. A stake of that proportion would cost Didi more than 1 billion yuan ($…

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Jidu, Baidu’s EV arm, unwraps first robot car

BEIJING - Baidu's electric vehicle arm Jidu Auto on Wednesday launched a "robot" concept car, the first vehicle to be revealed by a Chinese internet company.

The concept, which is free of door handles and can be fully controlled via voice recognition, was launched through an online press conference held on Baidu's metaverse-themed app Xirang.

Jidu, an EV venture controlled by Baidu and co-funded by Chinese automaker Geely, plans to mass produce the model, which would be 90 percent similar to the concept car, in 2023.

The 'robot' EVs will possess autonomous Level 4 capabilities that need no human intervention as well as utilize Qualcomm's 8295 chips, which will enable users to access voice assistance offline when internet connection is poor. 

Baidu's EV ambitions come as tech companies around the world race to develop smart cars after Tesla Inc.'s success in commercializing electric vehicles.

Besides equipping the vehicle with autonom…

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Five automakers defend California in lawsuit challenging state’s vehicle emissions authority

WASHINGTON — Ford Motor Co., along with BMW Group, Honda, Volkswagen and Volvo Cars, on Tuesday filed a motion to intervene in a federal lawsuit to support California and defend the EPA's reinstatement of a waiver that restored the state's authority to limit vehicle greenhouse gas emissions.

The action comes after a group of 17 Republican attorneys general last month sued the EPA over its decision to reissue the waiver allowing California to set its own auto tailpipe rules and zero-emission vehicle mandates that are more stringent than federal standards.

"Two years ago, after EPA relaxed federal greenhouse gas emission standards, Ford and four other automakers entered into settlement agreements with California to abide by GHG emission standards that were stricter than EPA's then-relaxed standards," Steven Croley, Ford's chief policy officer, said on a press call Tuesday. "We believe that was right then, and we think so today."

General Motors, which aspi…

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Redesigned 2023 Toyota Sequoia will start at $59,795 with goal of tripling sales

PLANO, Texas — Toyota Motor Corp. believes that it can at least triple U.S. sales of its redesigned 2023 Sequoia three-row large SUV with a bevy of much-needed powertrain and technology improvements, better towing capacity and a starting price of $59,795, including shipping.

The Sequoia was redesigned — for the first time in 14 years — onto the automaker's new global F1 platform for body-on-frame vehicles and shares attributes with the redesigned Tundra full-size and the next-generation Land Cruiser SUV, which is no longer available in the U.S.

Toyota marketing manager Joe Moses told reporters here last week that the automaker "already has 100,000 hand-raisers" who have expressed interest in the redesigned Sequoia since its January reveal, adding that he believes U.S. sales would at least triple this year from just 8,070 in 2021.

The SUV comes standard with the same hybridized i-Force Max powertrain as the Tundra, featuring a 3.5-liter turbocharged V-6 …

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Bosch readies North American plants for electrification push

Robert Bosch, the auto industry's largest supplier, said it will invest $420 million in its North American automotive business to gear up for electrification amid a barrage of supply chain challenges.

The spending is part of a $664 million investment across its North American business units and will go toward machinery and equipment for each of its automotive plants in North America, including its factory in Charleston, S.C., the company said Tuesday.

Bosch said it received about $11.8 billion in new electrification-related orders from customers worldwide last year.

"As those programs come into play in the next four to five years, we have to be ready for them," Paul Thomas, Bosch executive vice president of mobility solutions, said during a press conference Tuesday at which executives discussed the company's 2021 North American financial results.

The North American automotive business reported sales of $7.9 billion in 2021, up 5 percent from a ye…

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TrueCar acquires dealer sales platform Digital Motors, hopes to ‘accelerate’ TrueCar+

Vehicle listings company TrueCar has acquired online dealer sales platform Digital Motors in a move to bolster the company's launch of its new digital retailing service, TrueCar+.

Digital Motors, a software company based in Irvine, Calif., that serves dealers looking for online retailing support, launched its flagship product earlier than planned, in March 2020. It soon caught on with dealers looking to take advantage of pandemic-fueled consumer interest in online automotive retailing.

Terms of the deal weren't disclosed.

Digital Motors CEO Andreas Hinrichs said in a news release Monday that his company's "transactional focus" will pair well with TrueCar+.

"We are excited to join TrueCar and help support the expansion of TrueCar+, making online car buying a delightful, empowering and efficient experience for all parties involved," Hinrichs said.

TrueCar said in May it was exploring acquisition options, touting funds to do so via the company…

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Mercedes-Benz rules out possibility of Chinese shareholders blocking minority, report says

BERLIN -- Mercedes-Benz CEO Ola Kallenius ruled out the possibility that two major Chinese shareholders could increase their stakes and create a blocking minority in the automaker.

BAIC Group is the largest individual shareholder in Mercedes with 9.98 percent of voting rights. Geely Chairman Eric Li holds an equity interest of 9.69 percent, and the Kuwait Investment Authority holds 6.84 percent.

Geely, in particular, is quietly disrupting Europe's auto market. The Chinese conglomerate, founded by Li, now owns or collaborates with more than a dozen companies that do business in the region, including Volvo Cars, Polestar and Lotus.

Kaellenius and Winfried Kretschmann, the president of Baden-Wuerttemberg, the German state where Mercedes is headquartered, dismissed the possibility of a takeover by Chinese investors.

"We would not allow that at all," they told the business daily Handelsblatt in a joint interview.

In 2016 the purchase of …

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Brown & Brown, Inc. announces the acquisition of Dealer Specialties Group Corp. by Brown & Brown Dealer Services

DAYTONA BEACH, Fla., June 01, 2022 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Andrew (Andy) Courchaine, owner of Dealer Specialties Group Corp. (“Dealer Specialties”), today announced that Brown & Brown Dealer Services (“BBDS”) has acquired substantially all of the assets of Dealer Specialties.

Dealer Specialties is an independent sales and service organization providing F&I products and sales support to automotive and powersport dealers primarily in New York state.  Following the transaction, Andy Courchaine and the Dealer Specialties operations will become part of BBDS, which operates under the leadership of Mike Neal.

Mike stated, “We are excited to continue growing our BBDS operations with another high-quality, strategic acquisition. Andy’s impressive industry knowledge and strong work ethic have enabled him to create and maintain long-standing relationships with quality dealer cust…

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J.D. Power acquires We Predict data and predictive analytics business

TROY, Mich.: 6 June 2022 — J.D. Power, a global leader in data analytics and customer intelligence, today announced that it has acquired the data and predictive analytics business of We Predict, the UK-based provider of global automobile service and warranty analytics. We Predict’s software, which is used by auto manufacturers and suppliers to project future component failures and future warranty claims and costs, will be leveraged by J.D. Power to enhance its vehicle quality and dependability analytics, expand repair cost forecasting and provide critical valuation data.  

“Robust data and powerful analytics that help manufacturers, suppliers and consumers better predict future repair costs are a key link in the auto industry value chain that will only become more important as fleets of new electric vehicles start rolling off the assembly line,” said Dave Habiger, president and CEO of J.D. Power. “By augmenting our existing offerings with We Predict’s forecasting…

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Harvey Weinstein is suing Chrysler over Jeep crash

Former Hollywood movie producer Harvey Weinstein, now in prison after being convicted of sex crimes, on Tuesday sued the U.S. business of Fiat Chrysler Automobiles over a 2019 crash in which he flipped a Jeep Wrangler while trying to avoid a deer.

Weinstein is seeking $5 million in damages, saying the Aug. 17, 2019 accident in Bedford, New York, about 40 miles north of Manhattan, left him "catastrophically injured and rendered paralyzed" with "significant and continuing conscious pain and suffering" from what his lawyer called "severe spine and back injuries."

According to the complaint filed in a New York state court in Manhattan, Weinstein was wearing his seatbelt when the brakes on the 2017 Wrangler failed as he approached the deer, causing a rollover.

Weinstein said the defendant FCA US LLC, now owned by Stellantis, had provided him the "unreasonably dangerous" vehicle in exchange for product placement in one of his films.

"We intend to vigoro…

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