Bosch to buy microchip maker | Penske Automotive, Group 1 see Q1 revenue gains, lower earnings | Stellantis plans U.S. hourly, salaried buyouts | Tesla drops Model Y price

The deal expands Bosch's microchip presence to the U.S. as demand for silicon carbide chips for EVs grows.

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Thursday, April 27, 2023 Subscription Required Bosch to buy Calif. microchip maker TSI Semiconductors, invest $1.5B   Read More > Subscribe today for access to top features like 40 Under 40 & Future Product Pipeline. Subscription Required Penske Automotive Q1 earnings drop on record revenue   Read More > Subscription Required Group 1 Automotive improves first-quarter revenue as net income drops   Read More > Advertisement Not just forward thinking. Forward doing. We offer an innovative portfolio of products, unmatched service, profit optimization, a robust support system of marketing materials, and training. Contact us to find out how we can help your business grow, and how AGWS can drive your business forward. AGWS. Every Way Forward. Subscription Required Stellantis plans U.S. hourly, salaried buyouts to trim costs, fund EV push   Read More > Sponsored Content From Ansira Transform Your Brand Using Social Content and Reputation Management Your shoppers are doing recon work on your brand way before they contact you. They are checking your social profiles and presence on review sites to learn about current and previous customer experiences.    Read More > Tesla drops Model Y starting price below the average U.S. vehicle   Read More > Subscription Required Honda CEO Toshihiro Mibe outlines multistep plan to jump ahead in EVs   Read More > DAILY DRIVE PODCAST: April 26, 2023   Stellantis plans to cut about 3,500 hourly jobs in the U.S. through buyouts and retirement incentives. Earnings fall for Asbury and Penske. Honda executives get an unpleasant surprise at the Shanghai auto show. Plus, a conversation about the ever-evolving state of EV tax credits in the U.S. and how it affects retailers. LISTEN HERE >     Subscription Required GM axing CarPlay is part of a larger automaker battle over control and revenue   Read More > VinFast announces a $2.5 billion infusion from founder, Vingroup   Read More > Tesla broke U.S. labor law by silencing workers, official rules   Read More > Subscription Required Lithia exits Alabama with sale of Subaru store; sells 2 other dealerships in Q3 deals   Read More > Subscription Required Valeo Q1 sales up on EV powertrain and driving assistance demand   Read More > Battery startup Sparkz strikes partnership with auto workers union   Read More > Automotive News Newscasts With 3 different podcasts to choose from, we cover all that you need to know in the automotive industry. Listen to any – or all – of our podcasts now. CORPORATE SUBSCRIPTIONS Find out how you can save on access to Automotive News for your entire organization. LEARN MORE TODAY This email was sent to bimoharjanto.ankerbellok@blogger.com Manage My Account | Contact Us   © 2023 Automotive News 1155 Gratiot Ave., Detroit, MI 48207-2997 United States Privacy Policy | Terms and Conditions | Unsubscribe