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VW T-Roc, Golf locked in tight May sales race for No.1; Tesla Model Y slides 49%

The VW T-Roc is poised to be Europe’s best-seller for the first time this year,...

Bugatti Tourbillon $4.1M plug-in hybrid hypercar replaces the Chiron

Bugatti has followed Ferrari by using plug-in hybrid technology to boost performance of its 1,800-hp...

China’s BYD says Mexico EV plant will employ 10,000 workers

The EV giant is in final negotiations for the location of the factory, with an...

CarMax’s Q1 net income falls 33% to $152 million, revenue slips 7.5%

The company said it retailed 211,132 used vehicles in its fiscal first quarter, down 3.1...

Welcome to the drought: Off-lease vehicle pool is about to dry up

Lease turn-ins are a valuable tool for dealers and automakers to control inventory levels. But...

Column: EV buyers’ remorse is a telling moment in economic history

More likely a blip than a pivot, McKinsey’s survey highlights need for affordable models that...

VW-backed Gotion, InoBat to build Slovakia EV battery plant

The companies aim to produce EV batteries with a combined annual output of 20 gigawatt...

VW’s battery business PowerCo gets new tech boss after former Apple exec quits

HW Vassen, who is head of series development at PowerCo, replaces Soonho Anh, who was...

China’s Gotion, InoBat to build Slovakia EV battery plant

The companies aim to produce EV batteries with a combined annual output of 20 gigawatt...

Why MG owner SAIC is likely to suffer small hit from EU’s new tariffs on Chinese EVs

MG is the bestselling Chinese brand in Europe but it’s likely to avoid a serious...

Stellantis AI chief is latest exec to leave automaker

Berta Rodriguez-Hervas, whose responsibilities included AI and machine learning, has resigned less than three years...

Longtime Bosch North America president Mike Mansuetti to retire, succeeded by regional mobility chief

Mike Mansuetti, the longtime head of Bosch’s North American business, will retire this year and...

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