Industry

Jaguar Land Rover cuts output at UK factories due to chip shortage

Getty Images By Theo Leggett Business correspondent, BBC News Carmaker Jaguar Land Rover (JLR) is reducing output at its factories in Solihull and Halewood until the spring, due to ongoing problems obtaining enough computer chips for new vehicles. The action is expected to affect the output of models such as the Jaguar F-Pace and Land […]

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Venture capitalists on auto, mobility tech startups

Tech startups in the automotive industry and mobility space are phenomenal at innovating but terrible at scaling up their operations, Quin Garcia, co-founder and managing director of Silicon Valley venture capital firm Autotech Ventures, said Friday at the Automotive News Congress in Los Angeles. During a wide-ranging discussion about venture capital-backed startups partnering with established

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Amazon backed out of taking a stake in Argo. Then the self-driving startup folded

Amazon.com Inc. emerged as a potential savior for Argo AI, the now-defunct startup backed by two of the world’s biggest automakers, before the deal fell apart because of a sputtering economy, concerns about control and flagging faith in fully autonomous driving. The online retailer was prepared to invest several hundred million dollars into Argo last

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Domino’s launches fleet of Chevy Bolt EVs for pizza delivery

Your next pizza could be delivered by an electric vehicle. Ann Arbor, Mich.-based Domino’s Pizza Inc. announced Monday that it will roll out a fleet of nearly 800 Chevy Bolt electric vehicles around the country to deliver pizza orders — the largest such EV delivery effort. Doing so offers advantages for the company, executives said

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Automotive News hires mobility finance reporter

Karn Dhingra has joined Automotive News as a mobility finance reporter. Dhingra, 43, previously covered Houston for The Real Deal, a New York-based real estate trade publication. His past stops include Sports Business Journal, where he reported on facilities and ticketing, and Bloomberg Industry Group as a Houston-based correspondent covering energy, environmental policy, tax policy,

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