Mazda expects record profits this year powered by high-margin SUV sales

Mazda expects record profits this year powered by high-margin SUV sales

Mazda expects high-margin crossovers such as the CX-50 and CX-90 to power it to record...

GM’s Cruise to recall 950 driverless cars after accident involving pedestrian

The recall is because the collision detection subsystem of the Cruise Automated Driving Systems software...

GM partnership aims to advance EV motor technology

Niron Magnetics has technology that doesn’t use costly rare earth minerals for EV motors. The...

Renault cuts Nissan stake to 15% after transferring shares to trust

Nissan will now invest up to $641 million in Renault’s EV unit, Ampere, while Mitsubishi...

Nick Saban’s Dream Motor Group buys Mercedes-Benz stores in $700M deal

Dream Motor Group is looking to buy more dealerships in the South, CEO Joe Agresti...

GM’s Cruise to recall 950 driverless cars after accident involving pedestrian

The recall is because the collision detection subsystem of the Cruise Automated Driving Systems software...

Biden will meet UAW’s Fain in Illinois for post-strike victory lap

The event will be held Thursday close to the reopening Belvidere Assembly Plant, owned by...

8November 2023

‘EV journey for legacy OEMs has been an unmitigated disaster’

EV sales have stumbled in recent months Established manufacturers have found making electric cars profitable...

8November 2023

From the archive: on this day in 1991

The Honda FS-X was a large, sporty, American-style saloon with a very efficient 3.5-litre V6...

Continental hikes car market forecast, warns on 2024 outlook

While Continental adjusted its expectations for sales growth to 5-7 percent, from 3-5 percent previously...

India proposes slashing EV import taxes in U.K. free-trade deal, report says

New Delhi is said to consider a concessional tariff of 30 percent on 2,500 EVs...

Lotus’ reinvention begins with Eletre SUV in 2024

The Eletre SUV and Emeya sedan are part of Lotus’ goal to wean itself off...

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