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Credit unions plan to grow auto dealership relationships in 2024

Most credit unions expected to work more closely with car dealerships in 2024, and nearly...

Subaru recalls nearly 119,000 vehicles in U.S. over airbag defect

Subaru of America is recalling nearly 119,000 midsize crossovers and sedans in the U.S. for...

Survey: Dealerships lukewarm about EV service overall but see potential for increased retention, revenue

Nearly half of dealership executives and fixed ops leaders aren’t overly enthused about integrating EV...

Hyundai plans $51 billion investment in EVs, software-defined vehicles over 3 years

Hyundai is adding 80,000 new employees, including 44,000 new hires in electrification, SDVs and carbon...

Automakers, Tier 1 companies ask suppliers for parts payment delays as investment costs mount

Some automakers and Tier 1 parts companies, on the hook for billions of dollars in...

Ferrari, SK On expand supercar battery cooperation

Ferrari plans to unveil its first full-electric car in the fourth quarter of next year...

Ford, GM divert shipments as Baltimore bridge collapse upends supplies

“It’s too early to say what impact this incident will have on the auto business,...

Renault to sell 2.5% Nissan stake in latest alliance rebalancing

The share sale is Renault’s second as it looks to cut its Nissan stake to...

Volvo ends 45-year relationship with the diesel

By 2030, Volvo aims to be an electric-only brand. Which is a major shift considering...

Key milestones during Volvo’s diesel years

It started with a VW-sourced unit in 1979 and ended with a Volvo-built powerplant in...

Hyundai boosts investment in EVs, software-defined vehicles

Hyundai is adding 80,000 new employees, including 44,000 new hires in electrification, SDVs and carbon...

How self-driving cars can talk to themselves to navigate the world

Autonomous vehicle companies are employing large language models, a deep learning tool to predict and...

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