Webasto sells majority stake in struggling EV charging unit
Webasto today closed on the sale of a majority stake in its EV charger business as the German supplier eyes a financial turnaround.
TOYOTA: Namesake brand jumps 21%, Lexus up 15% in Q1 on booming hybrid sales
Improved inventory and red-hot hybrid demand credited for boosting Toyota’s sales in March and Q1.
TESLA: Q1 deliveries fall 8.5% to 386,810 as demand cools
Tesla produced 433,371 vehicles globally in the first quarter, the company said. In the U.S., Cox Automotive estimated deliveries at 166,734 in the January-March period, a 3.2 percent gain.
U.S. traffic deaths fell 3.6% in 2023 but remain above pre-pandemic levels
NHTSA estimated that 40,990 people died in traffic crashes last year compared to 42,514 deaths in 2022.
EVs, AVs and software-defined vehicles take spotlight at SAE's WCX conference
Nearly 100 suppliers on the floor at Huntington Place will show 3D printers, testing devices, gears, springs, ball bearings, electronics and more at the April 16-18 event in downtown Detroit.