By on June 22, 2020

Bavaria-based BMW says it aims to cut roughly 6,000 positions from its lineup on account of coronavirus complications. Times are tough and the manufacturer needs to tighten its belt, just like many of its peers.

The alley-oop that precedes the slam dunking of these jobs into the wastebasket will be tempting retirement packages for those of a certain age. But BMW also said it is interested in offering younger people financial assistance for full-time higher education with a guarantee of a job when they’re done — offering some amount of hope.  (Read More…)

By on June 2, 2020

Autonomous vehicle technology might not be a sexy topic for many some, but human-driven vehicles certainly are. One day we’ll gaze at steering wheels in a sterile museum with a mixture of animalistic hunger and soul-crushing depression.

Sure, Ford’s tie-up with Volkswagen includes self-driving technology (sourced from another tie-up, this one with Argo AI), but that’s only part of the agreement. Late last week, the two automakers moved forward on other projects that might be of interest to you. (Read More…)

By on June 2, 2020

U.S. self-driving startup Argo AI has completed a deal with Volkswagen AG on self-driving vehicle technology, fulfilling VW’s wishes for a secure and affordable source of gee-whiz gadgetry for future mobility solutions.

The deal, valued at $2.6 billion, will see VW fork over a cool billion while folding its Autonomous Intelligent Driving team into Argo AI’s operations. The automaker’s alliance partner, Ford, pledged $1 billion (over five years) to the startup in 2017, before last year’s tie-up with the German automaker. (Read More…)

By on February 12, 2020

Canoo

Developing a new vehicle platform in-house is an expensive affair, making the cost of producing an electric vehicle from the ground up a heavy weight to place on an automaker’s balance sheet. Margins for such vehicles are currently slim, if not nonexistent. No wonder everyone’s trying to free up cash.

And yet, because the world has decided EVs are the future, automakers can’t be without them. Ford recently partnered with Michigan startup Rivian to source a platform for an upcoming Lincoln crossover, and now Hyundai has followed suit.

Hyundai and Canoo. Best buddies. (Read More…)

By on January 27, 2020

Anybody with more than a casual interest in the automotive industry will tell you the relationship between Nissan and Renault is falling apart. Even the alliance’s founder, executive-on-the-run Carlos Ghosn, says it’s on the cusp of going under. But existing employees have tried to be a little more optimistic, acknowledging that the business partnership has become strained while making suggestions to correct its course.

One plan involves pushing more collaborative projects, which is one of the main reasons for forming an industrial alliance. Renault Chairman Jean-Dominique Senard has already said both sides are committed to making the partnership succeed, citing joint projects as a primary focus. Alliance engineers will meet in Japan at the end of January to discuss new development programs — and attempt to revive a few that fell by the wayside.  (Read More…)

By on January 17, 2020

fca

Ram Rebels and Power Wagons are a tough fit for China’s cramped, heavily taxed new vehicle market, but “new energy” vehicles (electric cars) are not. With this in mind, Fiat Chrysler is aiming to put EVs in the hands of Chinese consumers through a potential joint venture.

Clearly seeing an avenue for growth — and a way to compensate for falling Jeep sales while challenging industry heavyweights like Volkswagen, GM, and Ford  — FCA has entered talks with Taiwanese electronics company Foxconn, the automaker announced Friday. (Read More…)

By on December 2, 2019

Nissan’s new chief executive, Makoto Uchida, believes now is the time to reassess its corporate partnership with Renault. In case this is the first automotive-related article you’ve read this year, the Renault-Nissan-Mitsubishi Alliance is sickly. Bizarre financial scandals involving the group’s former chairman Carlos Ghosn (and others), internal power struggles, serious money troubles — the situation is rife with headaches. But Uchida says the only way to cope is to publicly recognize the elephant in the room and see what can be done.

“The alliance is critical to reach our goals,” Uchida said at Nissan’s headquarters in Yokohama on Monday. “We need to look at what worked within the alliance, and what didn’t, and decide how to go forward.” (Read More…)

By on September 25, 2019

In this case, the locale is India — birthplace of the EcoSport and a developing, massively populous market with the potential to make automakers a ton of cash. And yet Ford’s efforts to seize a slice of this pie hasn’t born the fruit the Blue Oval initially hoped. Meanwhile, Ford is in the midst of a major global streamlining effort.

What to do?

Partner up. In this case, with a major Indian automaker — Mahindra & Mahindra, builder of SUVs and ATVs, including the adorable, Jeep-like Roxor. (Read More…)

By on August 28, 2019

2019 Toyota Avalon badge

Not in the least shy when it comes to forging new partnerships, Toyota announced a long-simmering alliance with Suzuki on Wednesday. Now, before certain internet denizens begin counting down the days until a new Jimny appears in their driveway, this alliance won’t bring much in the way of new product to North America. Europe and other overseas markets, however, can expect a range of new offerings.

Like so many other automaker pair-ups, this yet-to-be-approved deal would see the two automakers focus primarily on technology sharing and autonomous vehicle development. As Toyota loves hybrids, Suzuki stands to benefit in the same way Subaru did. (Read More…)

By on August 22, 2019

With BMW and Daimler already getting cosy via their autonomous vehicle partnership, the duo plans on bringing self-driving (SAE Level 4) tech to the masses by 2024. While other automakers have promised more advanced autonomy on a shorter timeline, the reality of the situation is that true self-driving capabilities are proving difficult and expensive to produce. By partnering up, the Germans believe they can continue their quest while sharing the financial burden of development.

The more the merrier, apparently. According to Germany’s Wirtschaftswoche, Audi will be the next guest to arrive at the party. Daimler and BMW’s previous release stipulated that the pair would focus on the joint development of next-generation technologies for driver assistance systems, automated driving on highways, and automated parking — with the goal of seeing those technologies adapted for passenger vehicles by 2024.  (Read More…)

By on August 12, 2019

Eager to reduce R&D costs, Jaguar Land Rover and BMW forged a cross-channel bond earlier this summer, but the increasingly cozy relationship between the Anglo-German rivals likely won’t end with the mere sharing of electric drive units and internal combustion engines.

A number of JLR vehicles poised to drop from the product pipeline could come to fruition thanks to a piece of Bimmer architecture. (Read More…)

By on August 5, 2019

Image: FCA

Maybe that’s a dated reference in this age of smartphones and hookup romance apps. Regardless, the list of potential partners for a prowling Fiat Chrysler doesn’t begin and end with Renault-Nissan-Mitsubishi.

Oh sure, it wouldn’t mind getting down to business with the French-Japanese auto giant, but there’s plenty of fish in the sea. FCA knows it’s a catch, and wants to put Renault on notice that it has plenty of choice in who it goes home with. (Read More…)

By on July 23, 2019

Beijing Automotive Group Co Ltd (BAIC) announced on Tuesday that it had purchased a 5 percent stake in Daimler AG. Despite the pair have been partners in Asia since 2003, via the Beijing Benz Automotive joint venture, Zhejiang Geely Holding Group purchased nearly 10 percent of the German company in 2018 and was reportedly seeking high levels of cooperation.

As one of Geely’s direct rivals, BAIC claimed its investment would help solidify the relationship with Daimler. “This step reinforces our alignment with, and strong support for, Daimler’s management and strategy,” BAIC chairman Heyi Xu said in an official statement. (Read More…)

By on July 19, 2019

On Friday, Toyota Motor Corp. announced it had signed an agreement for the joint development of battery electric vehicles (BEVs) with China’s BYD Company Ltd. Technically, BYD also made an announcement but we’re not scouring their press page on an hourly basis. Toyota gets top billing.

According to the release, the two companies will jointly develop “sedans and low-floor SUVs as well as the onboard batteries for these vehicles and others with the aim to launch them in the Chinese market under the Toyota brand in the first half of the 2020s.”

Having previously announced it was teaming up with Contemporary Amerex Technology (CATL) and Panasonic to supply and develop batteries, Toyota is trying to expand rapidly into electric development — after showing limited interest for years. We’ve no clue how these partnerships will influence the brand’s physical products outside of Asia but, at the very least, it should have fewer battery supply issues than some of the competition moving forward.  (Read More…)

By on June 13, 2019

Herbert Diess Jetta 2017

Volkswagen is close to sealing a deal with Ford Motor Company for the next phase of the two companies’ fledgling alliance. The German giant seems poised to join Ford in its pursuit of self-driving technology through Argo AI — the autonomous startup Ford sunk $1 billion in back in 2017. Paving the way for some sort of tie-up or investment, VW this week ended its partnership with another self-driving startup, Aurora Innovation.

As well, news could soon be forthcoming about a much-rumored electric vehicle pact between the two automakers. (Read More…)

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