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Vitesco quarterly profit falls 78% on chips shortage – Just Auto

Vitesco reported revenues and profit down in the third quarter as it continued to face what it termed a ‘challenging market environment’. The company also warned that it does not expect supply chain shortages to ease significantly before year-end 2022. Revenue in the third quarter of was put at EUR1.9bn (compares with Q3 2020 EUR2.2bn). […]

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Ford working with university on speeding EV charging – Just Auto

Ford and Purdue University researchers are working to develop a new,patent-pending charging station cable that “could” combine with in-development vehicle charging technology, to provide “seamless” EV re-charging. “Today, chargers are limited in how quickly they can charge an EV’s battery due to the danger of overheating. Charging faster requires more current to travel through the

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GM Canada Announced First Chevrolet Silverado From Reopened Oshawa Assembly Plant

GM Canada announced the first Chevrolet Silverado pickup has rolled off the line at the reopened Oshawa Assembly plant. The return of truck production to Oshawa provides a significant economic boost for Canada’s automotive sector, creating 1,800 new jobs to support two shifts of production in Oshawa, and supporting thousands of additional jobs in the

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