news

Hyundai, Kia sales slip in April

U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less...

Toyota establishes North American hydrogen business headquarters in Los Angeles

The H2HQ facility will do R&D, commercialization and sales for hydrogen fuel cell products....

Ford launches AI-powered dealership training platform

The automaker is rolling out Ford University, a digital platform that utilizes AI to train...

Polestar delays SEC filing, says it needs to review ‘certain errors’ in previous financial statements

Polestar said it believes the historical errors are expected to “positively impact net loss by...

Aston Martin Q1 sales slump as output of older Vantage ends

Revenue dropped 10 percent to 267.7 million pounds ($334 million), while adjusted earnings before interest,...

VW offers €900M in buyouts to trim German payroll

VW aims to cut administration jobs in Germany by offering long-standing staff a €50,000 premium...

Mercedes replaces U.S. plant boss during UAW push to unionize workforce

Federico Kochlowski, vice president of operations, will take over as CEO of the Mercedes U.S....

Stellantis-Leapmotor JV to challenge value brands in Europe

Dacia could be a key rival to the joint venture, which will start sales of...

Polestar delays key SEC filing, says it needs time to review “certain errors” in its 2021 and 2022 annual and interim financial statements.

Polestar said it believes the historical errors are expected to “positively impact net loss by...

Mercedes-Benz Alabama factory changes CEO weeks before UAW vote

Federico Kochlowski, vice president of operations, will take over as CEO of the Mercedes U.S....

Toyota names Jack Hollis, Chris Reynolds to new jobs under Ogawa

Toyota restructures its top North American management, splitting responsibilities between Jack Hollis and Chris Reynolds,...

Continental Auto Group founder Bryan Hardeman arrested on more arson charges

Bryan Hardeman, founder of Continental Automotive Group, was arrested for the second time in two...

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