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Ex-VW CEO Winterkorn to testify over role in diesel scandal

Winterkorn is testifying as part of a $9.7 billion investor suit over VW’s diesel scandal,...

California agency rejects Stellantis bid to void rivals’ emissions deal

A California agency has rejected Chrysler-parent Stellantis’s STLAM.MI bid to void a 2019 state emissions...

Cash deals are on the rise, for both gas-powered and electric vehicles

The average cash penetration rate for internal combustion vehicles in 2023 was just over 18...

BYD plans new EV assembly plant in Mexico, report says

Japan’s Nikkei reported BYD has launched a feasibility study for the Mexican plant and is...

Digital sales leads grow as more car shoppers begin the process online

Dealership sales leads declined because of high interest rates, pricey vehicles and excessive inventory. At...

Group 1 Automotive buys RRR Automotive Group to expand presence in mid-Atlantic states

Group 1 Automotive’s purchase of RRR Automotive is expected to provide more than $500 million...

AutoNation cut back regional executives, reports $7 million in severance expenses

The company said in a statement it is trying to reduce internal bureaucracy, improve decision-making...

Tesla tries a winter discount for Model Y in cooling EV market

Tesla is offering $1,000 off until March “since most people don’t love to buy cars...

SK On inks deal for 34,000 tons of EV battery graphite for North American plants

The deal with Westwater Resources provides the supplier of batteries to Ford, Hyundai and Volkswagen...

Toyota’s Texas truck factory chief promoted to head of 5 more North American assembly plants

Kevin Voelkel, president of Toyota’s truck plant in San Antonio, will succeed Brian Krinock, who...

Gotion preparing ‘comprehensive’ environmental permit requests for $2.4B battery factory in Mich.

Gotion hopes to break ground in Big Rapids, Mich., later this year, or once necessary...

A third of consumers report extremely limited experience with EVs, Consumer Reports survey finds

Willingness to purchase an electric vehicle increases with experience, Consumer Reports says, but a third...

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