NHTSA issues rule allowing R&D exemptions for U.S. manufacturers

NHTSA has issued a closing rule that may enable U.S. manufacturers of autos and tools to hunt an exemption from federal security requirements for functions of analysis or demonstration, in keeping with a federal document.

The rule permits home manufacturers that produce nonconforming autos and tools to function these merchandise on public roads — probably dashing the event of automated driving techniques and different forward-looking applied sciences within the U.S.

In a press release, the company stated the motion “levels the playing field with importers, which until this rule were the only entities able to obtain these research and demonstration waivers and will help ensure that domestic manufacturers will have the same opportunity to develop and demonstrate automated shuttles and other innovative technologies.”

Read the source article at News Chant USA

Completing merger is just the start for PSA, FCA

PARIS — When Carlos Tavares takes charge of a combined PSA Group and Fiat Chrysler Automobiles this year, he will quickly need to revive the automakers’ fortunes in China, rationalize a sprawling global empire and address massive overcapacity. Tavares has proved his credentials by turning around PSA but he will face an even bigger challenge once the automaker merges with FCA to create Stellantis.

Read the source article at Automotive News Europe

Fiat And Peugeot’s Stellantis Merger Is Good To Go

Fiat and Peugeot’s merger is inevitable, Mitsubishi dealers are very excited about the new Outlander, and Tesla. All that and more in The Morning Shift for December 21, 2020. Reuters had the story in October about the European Union’s final approvals, and Bloomberg says today that the merger officially is good to go. When consummated, FCA-PSA will be the fourth-biggest automaker. It is called “Stellantis” for some reason.

Read the source article at Jalopnik

Tesla's rise made 2020 the year the U.S. auto industry went electric | Reuters

DETROIT (Reuters) – Tesla Inc and Wall Street made 2020 the year that the U.S. auto industry decided to go electric. Tesla’s market capitalization surged above $600 billion, making the once wobbly startup founded by billionaire Elon Musk worth more than the five top-selling global vehicle making groups combined.

Read the source article at reuters.com

The billionaire aiming to reshape auto production

Russian-born entrepreneur Denis Sverdlov wants to revolutionize automaking, replacing Henry Ford’s century-old conveyor-belt assembly lines with tiny factories that cost far less. While most of the industry aims for big sales numbers that will keep huge plants busy, his Arrival, which will start producing electric buses and vans next year, is betting that doing just the opposite will help reduce production costs.

Read the source article at Automotive News Europe

Continental aims to triple returns with tech-focused CEO

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FRANKFURT — Continental seeks to grow faster than its automotive peers and roughly triple profitability as the supplier pushes through a deep restructuring under new CEO Nikolai Setzer. Continental is targeting an 8 percent to 11 percent adjusted earnings before interest and taxes margin in the medium term, the German supplier said Wednesday, up from its forecast for about 3 percent this year. It may buy companies, sell businesses and strike partnerships to achieve its goals.

Read the source article at Automotive News Europe

Continental warns of price to livelihoods in electric car transition

Continental, one of the world’s largest car suppliers, has warned the transition to electric vehicles is happening too rapidly and at the expense of people’s livelihoods. Ariane Reinhart, the German group’s head of human resources, told the Financial Times that environmental regulations, although necessary, were coming so fast “we cannot compensate for it in terms of employment”.

Read the source article at FT.com

Cooper Tire Named To Forbes World’s Best Employers List

Cooper Tire & Rubber Co . has been recognized by Forbes as one of the World’s Best Employers 2020. Cooper placed within the top 20 percent, ranking 143 out of 750 companies on the list, and ranked highly in the automotive industry, placing second among six tire companies in the category.

Read the source article at Aftermarket News

Canadian Auto Dealers Seek Managed ICE Phaseout

OTTAWA – The Canadian automobile sector has called on the country’s provinces to better coordinate efforts to increase demand for electric vehicles. This follows the Québec government announcing a ban on local sales of new combustion-driven light vehicles from 2035.

While the ban would not apply to most commercial vehicles and used-auto sales, and hybrid sales and use might still be allowed, Brian Kingston, the new president and CEO of the Canadian Vehicle Manufacturers’ Assn., fears this policy might not achieve its goal of promoting EV sales: “You need a plan, not a ban,” he tells Wards.

Read the source article at WardsAuto

Millennials are buying more cars, and sooner, but for how long?

2020 has been a year of unintended consequences, no matter where you look. Kids were suddenly doing their learning online, many of us began working from home, and thousands had to impromptu figure out how to interior-design the backdrop behind their computer monitor, as every virtual meeting became a peek into someone’s personal world. The car industry has seen some huge changes, as well. With the initial lockdowns, sales didn’t just spiral, they crashed.

Read the source article at driving.ca