The emerging trend, with a series of LBOs and M&A deals, involves suppliers that are highly reliant on gasoline-powered vehicles.
Continue Reading the above article 'Auto suppliers stage M&A deal wave in twilight yea...
Toyota said there was "a possibility" that it could lower its full-year production plan of 9.7 million vehicles as it faces a continuing shortage of parts due to the COVID-19 lockdowns in China.
Continue Reading the above article 'Toyota cuts June output plan again as China lockdo...
Lucid Group CEO Peter Rawlinson breaks down the EV startup's engineering tricks that make the Air sedan small on the outside and big on the inside in a new video on the automaker's "Space Concept" design.
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Here's a look at dealership sales involving domestic, luxury and import stores.
Continue Reading the above article 'Ford, GM, Audi, VW and Mitsubishi dealerships trad...
Tesla, which already has 740 acres of land for its auto factory and battery plant under construction, plans to build a freight station, logistics areas and parking spaces on the additional space, Gruenheide’s mayor told local media.
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Steven Cliff has been serving as deputy administrator of the National Highway Traffic Safety Administration since 2021 and was nominated by President Joe Biden for the top job last year.
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The stay will allow Carvana to sell vehicles in Illinois as long as it follows "strict guidelines."
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BMW CEO Oliver Zipse last month said crossover production will come to Mexico, without revealing specific plans.
Continue Reading the above article 'BMW's Mexico plans could include EVs...
German supplier Robert Bosch signed a partnership deal with WeRide, a Guangzhou-based autonomous driving technology provider, to develop software enabling autonomous driving functions for passenger vehicle makers in China.
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J.D Power's U.S. Electric Vehicle Consideration Study showed home ownership played a significant role in the likelihood of purchasing an EV.
Continue Reading the above article 'Why people are buying EVs in the U.S and why they'...