Cox: Used-vehicle wholesale prices fall 8.9% in June from a year ago

Cox: Used-vehicle wholesale prices fall 8.9% in June from a year ago

Used-vehicle wholesale values fell 0.6 percent in June from May, Cox said July 9. A...

EV battery component maker Entek poised to get $1.2 billion U.S. loan

The battery component maker has been offered a conditional loan by the U.S. Energy Department...

Ford plant incentives slashed by Michigan after EV projects shrink

The reductions are in step with Ford’s scaling back of the EV battery project in...

Honda to end vehicle output at one of two Thailand assembly plants

The move highlights the tougher conditions Japan’s second-biggest automaker faces in the Southeast Asian nation...

NHTSA opens recall query into about 94,000 Jeep Wrangler 4xe SUVs

The investigation targets Jeep’s Wrangler 4xe hybrid SUVs manufactured between 2021 through 2024. Chrysler had...

Impel buys retail tech company Outsell for $100 million

The goal is to build a bigger dealership software company focused on artificial intelligence-driven sales...

Porsche sales down 7% in H1, as China slump deepens

Sales in China fell by 33% and 6% in the U.S. Executives said they believe...

Akio Toyoda’s $10 million compensation broke company record

Toyota Chairman Akio Toyoda collected $10 million in compensation during the 2024 fiscal year. It...

BMW seeks lower import tariffs for China-made electric Mini, report says

Chinese-made electric Minis have only been produced for a few months and were not part...

Mercedes slows battery plant plans amid lower EV demand

The prediction that Mercedes would need 200 GWh in capacity and eight cell factories worldwide...

Watch Renault industrial chief Franck Naro at the 2024 Automotive News Europe Congress

Franck Naro, the head of Renault Group’s industrial strategy, was a speaker at the 2024...

Automotive News Europe salutes Bence Venczel

The Rising Star for engineering Bence Venczel, who is an engineering site manager at GKN...

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