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Executives

Ford CEO Farley calls chip shortage ‘greatest supply shock'

Jim Farley said the semiconductor supply crisis reminds him of the early days of the coronavirus pandemic and that it has caused Ford to rethink how it sources the critical components.
Miller
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Dealers
Cheryl Miller resigns as CFO of JM Family after 3 months
The former AutoNation chief, who left the retailer last July after a medical leave, has stepped down from the company she rejoined in January. She'll consult for JM Family through 2021.
Biden
Regulation & Safety
Biden administration proposes to reinstate Calif. authority to set tougher emissions rules
NHTSA has opened a 30-day comment period on the withdrawal notice. If finalized, the regulatory action would “establish a clean slate” and no longer prevent states from implementing regulations tougher than the national standard.
Capitol
Regulation & Safety
Two U.S. senators make new push to advance self-driving cars
Sens. Gary Peters and John Thune have circulated a draft amendment that would grant NHTSA the power to initially exempt 15,000 self-driving vehicles per manufacturer from safety standards written with human drivers in mind.
2021 Jeep Grand Cherokee
Manufacturing
Detroit Jeep plant faces temporary layoffs on chip shortage
Stellantis will cut two work crews at its Jefferson North plant for three weeks starting April 26, then call them back and lay off a third crew from May 17 through the week of May 31, Bloomberg reported.
Carvana CEO Ernie Garcia interviewed during Automotive News' Congress Conversations.
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Retail
In the year of the digital retail boom, Carvana's sales slowed
Getting used vehicles sale-ready has been a challenge for the online retailer since the onset of the coronavirus pandemic.
Daily Drive Podcast
The rise and fall of GM's EV1

Automotive News Staff Reporters Hannah Lutz and Pete Bigelow discuss General Motors' first foray into electrification in the 1990s and explain why the automaker pulled the plug on the short-lived EV.

EV1: A legacy in a new light
LINDSAY CHAPPELL: In answer to the question: 'Why the EV1?'

GM created the EV1 because it could. And GM spent a billion 1990 dollars to do it because it could do that, too. The EV1 was GM's statement of "This is us."

Bart Reagor
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Dealers
Reagor Dykes owner Bart Reagor indicted by U.S. for bank fraud
If convicted, he faces up to 90 years in prison and would be required to forfeit any property traceable to the alleged offense.
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Dealers
Dealer Steve Kalafer, critic of stair-step incentives, dies at 71
Publicly, he railed against the "havoc" created by automakers' programs. Inside his dealerships, his motto was: "Be kind, be fair, work hard, earn money and do good."
Tesla Consumer Reports
Regulation & Safety
Teslas can be ‘tricked’ to run without driver, Consumer Reports says
In tests with Autopilot engaged, a Model Y was able to steer itself along painted lines but at no time displayed a warning that the driver’s seat was empty, Bloomberg reported.
Pete Buttigieg
Electric vehicles
U.S. seeks $15 billion for EV charging stations
The administration wants 500,000 EV charging stations along roads, parking lots and apartment buildings, as part of its infrastructure plan now before Congress.
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Dealers
Banister Automotive acquires original Sheehy dealership
Banister Ford of Marlow Heights in Maryland is Banister Automotive's third dealership.
PM NEWSCAST AutoNews Now
Farley on chip 'supply shock'

     • Cheryl Miller leaves JM Family

     • Calif. waiver to be reinstated?

     • Copeland buys two Prime stores

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AM Newscast
Chip shortage hits Jeep plant

     • Hyundai to adjust May output

     • 19th U.S. Takata inflator death

     • Electric vehicle safety

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Special Video Report
From concept to crushed: The story of GM's revolutionary EV1

Packed with pioneering technologies, the head-turning General Motors EV1 revealed the benefits and shortcomings of the modern electric vehicle 25 years ago. Its genes can be found in the EVs of today and tomorrow.

Opinion
Dan Shine
What the chip shortage means to the service drive
Auto booming at 3 major U.S. lenders
Used-car market sizzling for sellers, not so great for buyers
It's time to rethink EV range
To win customers, promote your experiences, not just your vehicles
Dealership ranking
Our annual ranking of the largest U.S. dealership groups

Consolidation among the top 150 dealership groups in the U.S. continued in 2020 despite the coronavirus pandemic.

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Ally Financial
Ally swings to Q1 profit on strong auto performance, pandemic recovery
Auto booming at 3 major U.S. lenders
MUSA Auto Finance rebrands under new leadership
Right fit key to online F&I experience
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Cars & Concepts
From cutesy to cutting edge, China has an EV for everyone
Toyota crossover concept previews new EV subbrand
Audi readies more E-trons with sedan concept
VW family grows with 3-row ID6 crossover
Best Practices
Modern Chevrolet BDC employees in Winston-Salem, N.C., participate in a training session.
BDC training investment pays dividends for N.C. group
Dialing service customers brings them back
Sending handwritten notes with a twist
Bergstrom charges up for electrification era
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Navigating the future of automotive retailing »
Best Practice Tips
Final Assembly
The special-edition GT-R Nismo goes on sale in North America this fall. It does not come with a Happy Meal.
Nissan's 600-hp hamburger helper
Still no auto show, so Detroit tries car crawl
Philip's custom Land Rover hearse gets called into duty
Diess chose VW over CEO job at Tesla
Fixed Ops Journal
Dealers can tackle stock, budget, training issues with remote inventory management
What the chip shortage means to the service drive
Service counter: Service forecast
Fixed in time: A GMC store in 1973 was a popular destination for driveway wrench turners
The Fixed Ops Journal Forum is back
Shift Mobility Report
Volvo Didi test car 2.jpg
Volvo will provide XC90s for Didi's self-driving test fleet
Hyundai Motor Group names chief for new mobility division
Tesla, ex-engineer settle lawsuit over Autopilot source code
Cruise raises $2.75 billion from Walmart, others
TuSimple raises $1.35 billion in U.S. IPO; company valued at nearly $8.5 billion
Canoo
Executives
Canoo names new CEO, outlines push to make its own vehicles

Executive Chairman Tony Aquila, a former software CEO, will immediately take over as chief executive, replacing Ulrich Kranz, who co-founded the company and exits at the end of the month.

EV art
Suppliers
SK battery materials unit sees shortage of key EV component

The global market for premium wet-type separators will run into a supply shortage in 2023 due to “explosive” growth, the Korean supplier said.

FordFocus_Saarlouis web_1.jpg
Automakers & Suppliers
Ford's European plants hit by stoppages due to global chip crisis

Ford is protecting output of its best-selling models in Europe as the global shortage of microchips worsens, forcing the automaker to severely reduce production.

Takata airbag
Regulation & Safety
Nineteenth U.S. death tied to Takata airbag reported in S.C.

Following a joint inspection, Honda and NHTSA confirmed that a defective Takata driver’s airbag inflator ruptured in the crash of a 2002 Honda Accord on Jan. 9, 2021.

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Suppliers
Martinrea and Montreal battery company form joint venture

The deal comes as Canada looks to position itself as an EV manufacturing hub, with recent announcements by the Detroit 3 to build electric vehicles in the country.

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Earnings
Hyundai triples Q1 profit, adjusts production due to chip shortage

Analysts have said that production halts so far are likely to cost Hyundai about 12,000 vehicles in lost output, and future results will be hurt as the chip crisis continues.

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Tokyo Motor Show
Tokyo auto show cancels 2021 event, will rebrand as 'mobility' show

The auto show, which survived a recession, an earthquake-tsunami and the rivalry of bigger, bolder auto events in China, has finally folded under the pressure of the COVID-19 pandemic.

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Buy/Sell
Copeland Automotive Group buys two Cape Cod stores from Prime

Copeland Automotive Group acquired two stores on Cape Cod: Prime Subaru Hyannis and Prime Chevrolet Hyannis.

Luminar sign on the Nasdaq exchange
Executives
Tesla’s acting general counsel departs for lidar startup Luminar

Alan Prescott, who has been with Tesla for four years and became its top legal executive in December 2019, will be Luminar’s chief legal officer.

Taos
Retail
VW sets Taos pricing at $2,250 less than Tiguan

The 2022 VW Taos goes on sale in June and will carry a base price of $24,190, including delivery.

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Digital Edition
Automotive News 4-19-21
THIS WEEK'S EDITION
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Fixed Ops Journal
Fixed Ops Journal 4-12-21
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2021 Talent Study

A focus on virtual F&IA special report exploring whether automotive companies are considering freelance talent strategies to win the war for talent.

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Build stunning, real-time car configurators with Unreal Engine

Car configurators have been a standard sales tool for automakers for some time now. Whether they’re customizing a new purchase in the dealership or testing out different looks online, customers expect to be able to explore different options before putting their money down. 

Finding the Sweet Spots to Build a Monetization Model for Connected Car

A simple, four-stage strategic roadmap to help guide OEMs as they build a Monetization Model for Connected Car Vehicle and Driver Data.

Dealerships remain vital to an increasingly digital car shopping journey

Sanjiv Yajnik, President of Financial Services, Capital One, discusses how the seamless combination between the physical and the digital offers the greatest opportunity for dealers now and in the future.

Real-time tech is the next frontier of automotive

The automotive industry is currently undergoing an exciting period of transformation. While electric cars and autonomous vehicles get the big headlines, there are changes happening across the board—whether it's new digital cockpit technology or a move from car ownership to car subscription.

Learn more about the Automotive News Content Studio >
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