How much auto demand will the Fed’s 0.5-point rate cut produce?

How much auto demand will the Fed’s 0.5-point rate cut produce?

The Federal Reserve cut its benchmark rate target 0.5 points on Sept. 18, which could...

Stellantis chair John Elkann has assets seized over alleged tax fraud

Prosecutors in Turin said Elkann, who is also Ferrari chairman, and his siblings were part...

Northvolt hits new battery milestone even as cash woes mount

Reports say the company needs a capital injection of at about 7.5 billion Swedish crowns...

GM uses dealer feedback to implement online sales platform

Nearly 1,000 dealers use General Motors’ Digital Retail Platform, which is designed to create a...

Stellantis chair Elkann targeted in $84 million seizure over alleged tax fraud

An Italian judge has seized assets worth around $84 million from five people including Stellantis...

4 Michigan battery projects awarded $355M in federal funding

Four projects across Michigan will get $355 million in federal funding to boost the domestic...

Auto supplier plans to invest $78.8M at former Stellantis plant in Detroit

Laepple Automotive plans to invest $78.8 million into the former Stellantis Mount Elliott Tool and Die...

Audi freshens A3 sedan for 2025

The sedan gains a tweaked exterior design, new interior features and additional power....

Lucid eyes Detroit engineering talent ahead of EV launches, powertrain supply agreements

Lucid Motors opened a hub near Detroit to attract vehicle engineers. It also wants to...

Detroit 3 supplier Flex-N-Gate Seeburn workers join Unifor

Workers at Flex-N-Gate Seeburn have voted to join Unifor following an organizing drive at the...

Mercedes slashes outlook again as China market cools

Adjusted returns from Mercedes’ main car unit are now expected to range from 7.5 to...

Cleaning the ocean has a price — and layers of complications

Pulling plastic from the ocean and recycling that into auto parts is the plan. The...

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