Eric Walz

Chicago

Business Reporter at Automotive Dive

Business reporter at Informa TechTarget. Covering the automotive industry for @automotive_dive. Former Silicon Valley senior reporter at FutureCar.

Articles

Hyundai unveils its next-generation hybrid powertrain system

1 week ago | automotivedive.com | Eric Walz

This audio is auto-generated. Please let us know if you have feedback. Hyundai Motor Group unveiled its next-generation hybrid system utilizing advanced electrification technology that boosts performance and increases fuel economy, the automaker announced in a press release April 21. The automaker says the new hybrid system offers 19% more power and a 45% improvement in fuel efficiency compared to internal combustion engines of the same class.
Toyota, Waymo to collaborate on autonomous driving platform

1 week ago | automotivedive.com | Eric Walz

This audio is auto-generated. Please let us know if you have feedback. Toyota Motor Corp. and Waymo will collaborate on the development of an autonomous vehicle platform, the automaker announced in a press release April 30. The scope of the collaboration will continue to evolve and includes exploring ways to integrate Waymo’s autonomous driving technology into personally owned Toyota vehicles.
GM recalls nearly 600K SUVs, pickups over engine failures

1 week ago | automotivedive.com | Eric Walz

This audio is auto-generated. Please let us know if you have feedback. General Motors has recalled up to 597,630 SUVs and pickups equipped with 6.2L V8 engines due to a manufacturing defect involving the connecting rod and/or crankshaft that can lead to catastrophic engine failure, according to the National Highway Traffic Safety Administration.
Mercedes-Benz unveils steer-by-wire system

2 weeks ago | automotivedive.com | Eric Walz

This audio is auto-generated. Please let us know if you have feedback. Mercedes-Benz has developed a new steer-by-wire system that will debut in production vehicles in 2026, the company announced in an April 22 press release. The automaker says it will be the first German OEM to offer the technology when it launches next year. Steer-by-wire systems eliminate the mechanical connection between the steering column and the steering gear, with all driver inputs transmitted electronically.
Mercedes-Benz unveils steer-by-wire system

2 weeks ago | finance.yahoo.com | Eric Walz

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Eric Walz Thu, May 1, 2025, 3:59 AM 3 min read This story was originally published on Automotive Dive. To receive daily news and insights, subscribe to our free daily Automotive Dive newsletter. Mercedes-Benz has developed a new steer-by-wire system that will debut in production vehicles in 2026, the company announced in an April 22 press release.
NHTSA seeks to fast track AV deployment

2 weeks ago | automotivedive.com | Eric Walz

This audio is auto-generated. Please let us know if you have feedback. Federal regulators have introduced a new streamlined process designed to get automated vehicles on U.S. roads faster. U.S. Secretary of Transportation Sean Duffy announced the National Highway Traffic Safety Administration’s new Automated Vehicle (AV) Framework on April 24.
Hyundai posts its highest Q1 revenue in company history

2 weeks ago | automotivedive.com | Eric Walz

This audio is auto-generated. Please let us know if you have feedback. Hyundai Motor Group reported revenue of $3.1 billion (44.41 trillion won) in Q1, the highest quarterly revenue in company history, the automaker announced in its earnings report Thursday. Hyundai’s year-over-year revenue jumped 9.2% in Q1, with global sales of just over one million vehicles, a modest YoY increase of 0.6%. The company’s margins also improved by 2.1% in Q1, boosting its operating profit to 8.2%.
Ford recalls 123K pickups, SUVs over brake fluid leaks

3 weeks ago | automotivedive.com | Eric Walz

This audio is auto-generated. Please let us know if you have feedback. Ford Motor Co. has recalled 123,611 pickup and SUV models for a condition where the brake master cylinder may develop an external leak or discharge fluid into the vehicle’s vacuum brake booster and impact braking performance, according to the National Highway Safety Administration. The recalled vehicles include 2017-2018 F-150 pickups, Expeditions and Lincoln Navigator SUVs equipped with the automaker’s 3.5L Ecoboost engine.
Tesla’s net profit nosedives 71% in Q1

3 weeks ago | automotivedive.com | Eric Walz

This audio is auto-generated. Please let us know if you have feedback. Tesla reported a 71% year-over-year decline in Q1 net profit on Tuesday as its automotive revenues cratered. The company's net income fell from nearly $1.4 billion to just over $400 million, per the company's earnings report. Automotive revenues fell by a larger sum of $2.4 billion, but the company's total profit figures were buoyed by some gains in its energy division.
Nexteer launches brake-by-wire system for OEMs

3 weeks ago | automotivedive.com | Eric Walz

This audio is auto-generated. Please let us know if you have feedback. Nexteer Automotive launched a new electro-mechanical brake-by-wire system for OEMs that replaces the hydraulic components of traditional vehicle braking systems, the company announced in a press release April 15.