Cyberattack on key parts supplier triggered dispute that cost Stellantis $300M, lawsuit says

Cyberattack on key parts supplier triggered dispute that cost Stellantis $300M, lawsuit says

The automaker lost more than $300 million in revenue because it was unable to manufacture...

U.S. trade chief calls for ‘decisive’ action to shield EV sector from China

The U.S. must take “decisive” action to protect electric vehicles from subsidized Chinese competition, U.S....

Ally net income plunges 51% in Q1, auto applications set record

Ally’s auto business saw a record 3.8 million applications from consumers during the first quarter...

Stellantis buys share in Argentine solar company to power factories

Stellantis, which builds Citroens, Fiats and Peugeots in Argentina, will spend $100 million to acquire...

GM EV owners can power home with bidirectional chargers

The bidirectional chargers will be available nationwide, but the equipment required for vehicle-to-home energy transfers...

Chinese automakers’ production plans for Europe

China’s automakers are looking to boost production in Europe as the EU mulls raising the...

Forvia says it is in talks with Chinese automakers weighing Europe factories

Suppliers such asĀ Forvia, hurt by lagging global car sales, are seeking to take advantage of...

Bloated EV inventory fuels 5-figure discounts. Will more buyers emerge?

Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox...

Mexico, facing U.S. pressure, will halt incentives to Chinese EV makers

Mexico’s federal government, under pressure from the U.S., is keeping Chinese automakers at arm’s length...

Tata to make Jaguar Land Rover cars at new $1B plant in India, report says

Tata Motors has announced plans to invest in a new plant in Tamil Nadu in...

New Citroen C3 Aircross takes on low-cost small SUVs from Dacia, MG with 7-seat option

The seven-seat version of the C3 Aircross is a first in its segment in Europe,...

Musk apologizes for ‘incorrectly low’ Tesla severance packages

Tesla has announced it will slash its global headcount by more than 10 percent as...

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