Mobileye shares plunge as full-year revenue forecast falls far short
Mobileye shares were down 24.55 percent when the market closed Thursday after the Israeli autonomous...
VW said to delay small EV volume production amid Euro 7 changes
VW is delaying volume production of its ID2 affordable EV because weaker anti-pollution rules could...
Bosch mobility manager Gackstatter quits company amid shakeup
Uwe Gackstatter, the head of commercial affairs for Bosch’s mobility business sector, has left the...
5January 2024
Next Rimac supercar could ditch battery for diesel
Nevera has enormous 120kWh battery, poor 2.0mpkWh efficiency The firm is exploring the viability of...
Holman to acquire Leith Automotive Group
The deal, slated to close by the end of the first quarter, would follow another...
5January 2024
UK car sales hit highest level since pandemic in 2023
More than 1.9 million new cars were registered last year, up 289,000 on 2022 Growth...
Vietnam’s VinFast adds dealers in Texas, New York and Kansas
The EV maker is quickly deploying its first group of franchised dealerships after opening up...
Proton offers dealers online security as hacking threat grows
Reynolds and Reynolds acquired Proton last year, in the wake of growing cybersecurity needs and...
Penske Automotive to buy Don Allen stores in Nantucket, Mass.
Penske Automotive Group’s planned purchase of Don Allen Chrysler-Dodge-Jeep-Ram and Ford stores, the only new-car...
NCM Associates acquires dealership training company Kain Automotive
Kain Automotive’s acquisition by Kansas City, Mo., dealership consulting company NCM Associates puts its employees...
Senators urge Tesla, other automakers to stay neutral in UAW organizing
The letter, signed by Democrats Gary Peters, Ron Wyden, Dick Durbin, Patty Murray, Sherrod Brown,...
Akio Toyoda channels Captain Kirk in urgent New Year plea
Akio Toyoda says a dream vision of his grandfather rekindled a sense of urgency to...
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