Gentex Q4 net income plunges 41%

Automotive mirror supplier Gentex Corp. said shortages in electronic components put a significant drag on its fourth-quarter financial performance compared with a year earlier. The producer of dimming rearview mirrors and camera-based driver-assistance systems said Friday that fourth-quarter net income plunged 41 percent to $84.2 million. Revenue fell 21 percent to $419.8 million. Gentex avoided […]

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An EV battery may one day help power a building, JuiceBar CEO says

The proliferation of electric vehicles and charging stations in the coming years could alter the relationship between drivers and where they park. Paul Vosper, CEO of EV charger manufacturer JuiceBar, said that as the vehicle charging network becomes more robust, it creates the potential for a new “vehicle-to-building” system, meaning that while an electric vehicle

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Pittsburgh Bridge Collapses Taking A Few Vehicles With It Hours Before Biden’s Trip To Talk Infrastructure

A two-lane bridge in Pittsburgh collapsed before 7:00 AM this morning, injuring 10 people. Fortunately, none of the injuries were life-threatening and only three of the people involved were sent to hospital with only minor injuries. The bridge was on Forbes Avenue over Fern Hollow Creek in Frick Park. The collapse prompted rescuers to rappel

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2022 Alfa Romeo Stelvio

What kind of car is the 2022 Alfa Romeo Stelvio? What does it compare to? Based on the Giulia sport sedan, the Alfa Romeo Stelvio is a sporty compact crossover with standard rear-wheel drive and optional all-wheel-drive. It takes on excellent crossovers like the Audi Q5, BMW X3, Mercedes-Benz GLC-Class, and Porsche Macan. Is the

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Why Ford’s Corktown project may mean more to Michigan’s future than the next battery plant

Ford Motor Co.’s recent bets on the future of the automotive industry it helped define say a lot about where Michigan policymakers should be placing their next economic bets. The automaker credited with putting the world on wheels is investing nearly $1 billion to transform Detroit’s oldest neighborhood into an auto tech hub for 5,000

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Toyota retains global sales crown, expands lead over VW on chip crisis management

TOKYO – The world’s biggest automaker got bigger in 2021 and by a bigger margin. Japanese juggernaut Toyota Motor Corp. clinched the world sales title again last year and expanded its lead over No. 2 Volkswagen Group by deftly dodging the global semiconductor shortage. Toyota rocked the sales charts by chalking a 10.1 percent increase

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GM CEO Mary Barra’s first ride in autonomous vehicle: ‘Surreal’

General Motors CEO Mary Barra says her first ride in a completely driverless car was “nothing short of incredible.” For GM President Mark Reuss, the experience was “mind-blowing.” A video posted Thursday by Cruise, the self-driving vehicle company that’s majority-owned by GM, shows the executives trying out autonomous technology for the first time with no

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Preview: 2022 Jeep Grand Cherokee 4xe plug-in hybrid is priced from $59,495

Jeep kicked off the arrival of its redesigned Grand Cherokee early last year by launching a new three-row variant dubbed the Grand Cherokee L, priced from a very reasonable $38,690 for the 2021 model year. The regular two-row version of the redesigned Grand Cherokee went on sale late last year as a 2022 model, priced

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