news

Japanese automakers forge ahead with EV investments despite slowdown

Many consumers hit by high inflation and interest rates still find EVs to be out...

Stellantis could build Chinese partner Leapmotor’s EVs in Italy

Stellantis, which has a Dutch-based joint venture with Leapmotor, could fill unused capacity at its...

EV startup Fisker receives non-compliance notice from NYSE

Fisker, which makes the Ocean electric crossover, said the notice would not lead to an...

Q4 new-vehicle gross profits drop for big 6 public auto dealers

High interest rates, more expensive vehicles and a steadier post-pandemic supply chain are reducing new-vehicle...

Fisker faces new NHTSA probe after complaints of vehicle rollaway

The agency’s Office of Defects Investigation said it received four complaints alleging unintended vehicle movement...

Fisker signs three more U.S. dealers, with stores opening in six states

The new stores are Ourisman Fisker in Maryland, Classic Fisker in Georgia and Long Island...

Automotive Hall of Fame plans to honor 7 inductees

The 2024 Automotive Hall of Fame induction ceremony is planned for Sept. 19....

Cadillac Lyriq receiving software update in March

Cadillac is rolling out a software update for the 2023 Lyriq EV in March that...

Chinese EV supplier to invest $16.5M, add 100 jobs in Southeast Michigan

Jing-Jin Electric North America LLC is planning to expand its Michigan base with a new...

Japan, Toyota, Honda, Nissan face 7 big challenges in EV age

Japan’s carmakers are tackling seven key challenges to reboot their global competitiveness as the country’s...

EV pullback ‘good for business,’ American Axle CEO says

American Axle & Manufacturing Holdings Inc. took a $33.6 million net loss last year due...

GM may pivot to luxury to counter slump in China profits, Barra says

While GM still sees a role for itself in China’s increasingly competitive market, CEO Mary...

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