Automobile

Bloomberg Japan’s Rohm Co. says that vital semiconductors for automobiles and industrial machinery will likely remain in short supply at least throughout next year, adding to ominous warnings about further fallout from the global chip crisis. The Kyoto-based chipmaker, whose customers include Toyota Motor Corp, Ford Motor Co and Honda Motor Co., has been hampered by a severe shortage of ...

Bloomberg Ford Motor Co.’s Lincoln luxury division is updating the cash-cow Navigator SUV with hands-free driving technology and refreshing the styling. But the automaker isn’t adding a feature it has been touting lately —electric power. With new competition coming from the updated Jeep Grand Wagoneer, Lincoln is giving its flagship vehicle a reboot, adding creature comforts like second-row seats that ...

Bloomberg General Motors Co (GM) is recalling more than 73,000 of its Bolt electric vehicles at a cost of $1 billion due to the risk of their batteries catching fire. The recall is an expansion of a similar action the company took last month when it discovered a defect in battery that powers the EV. The move covers all Bolt EVs ...

Bloomberg Nissan Motor Co debuted the latest edition of its Z series coupe in New York, marking the seventh generation of a sports-car line that was introduced in 1969 as the Fairlady Z in Japan and the Datsun 240Z in the US. The new Z is the first refresh of the two-door platform in over a decade and will be ...

Bloomberg Ford Motor Co, firing back at a lawsuit filed by General Motors Co, is asking the US government to strip GM of its trademark for “Super Cruise,” the name of its hands-free driving feature, and “Cruise,” the name of its self-driving affiliate Cruise LLC. Ford is asking the US Patent and Trademark Office to rescind the trademarks so “the ...

Bloomberg An electric-vehicle charging startup that powers Amazon.com Inc’s delivery vans in the UK has agreed to merge with a US blank-check firm and go public late this year. The transaction between EO Charging and First Reserve Sustainable Growth Corp will imply a combined enterprise value of $675 million, the companies said. The deal will net EO more than $150 ...

Bloomberg Chinese electric vehicle maker Li Auto Inc has raised HK$11.8 billion ($1.5 billion) in its Hong Kong listing, adding to the cohort of US-traded mainland companies selling shares in the Asian financial hub. Li Auto priced 100 million shares at HK$118 each, it said in a statement to the city’s stock exchange. The price represents a discount of about ...

Bloomberg Electric cars are better for the environment and cheaper to run. They’re gaining traction in many countries as governments strive for carbon neutrality. But one thing they don’t have on regular vehicles — that throaty roar that lights up the eyes of gearheads around the world. Yamaha Motor Co is working on a solution. Better known for its motorcycles ...

Bloomberg Rivian Automotive Inc, the electric truck startup backed by Amazon.com Inc and Ford Motor Co, is in talks with the UK government on building its first manufacturing plant outside the US near the English city of Bristol, Sky News reported. The investment would probably include a large state-support package, but the UK faces competition from Germany and the Netherlands ...

Bloomberg Renault SA’s chief declared the automaker is firmly on the comeback trail after a record loss, forecasting stable profitability despite the global chip shortage and rising raw material prices. The carmaker has “abandoned the approach of only looking for sheer growth,” Chief Executive Officer Luca de Meo said in a Bloomberg TV interview. “We are actually back from hell ...