New CEO, new name, multimillion dollar EV investment at Detroit 3 quality assurance vendor
ATCO has been renamed Vayan Group under new CEO Keith Buckley, who took the helm...
11January 2024
Toyota Corolla
Toyota’s British built hatchback takes on the Golf class with hybrid power The Toyota Corolla...
Penske Automotive, board face shareholder lawsuit over stock buybacks
A lawsuit filed in Delaware alleges the Penske Automotive’s board breached its fiduciary duties by...
Tesla boosts pay for U.S. factory workers as UAW momentum builds
Tesla Inc. notified workers at its California car plant of pay increases across its U.S....
11January 2024
CES 2024: short on cars, still one of the world’s biggest car shows
Honda was one of just a few global car makers with a big unveiling in...
ABB buys tech company to give next-generation industrial robots eyes and brains
The deal to buy Sevensense, a Swiss startup, is the latest robotics investment by ABB...
Ford battery partner SK On sees strong EV growth beyond 2024
Ford Motor Co.’s South Korean electric-car battery partner SK On Co., which furloughed some U.S....
Ex-VW Group CEO Diess joins charging startup The Mobility House
V2G allows EVs equipped with bidirectional charging capabilities to both charge from and discharge electricity...
Hertz to sell 20,000 EVs in shift back to gasoline-powered cars
Hertz Global Holdings Inc. plans to sell a third of its U.S. electric vehicle fleet...
Mercedes hits 2023 sales forecast, supply snags weigh on Q4
Mercedes sales were hit in the fourth quarter by a shortage of 48-volt battery systems...
Tesla is helping German auto industry to return to growth
Tesla’s German output will help market growth rise to 5.2 million vehicles in 2030, up...
Tesla closes gap with Audi in global sales
Although Tesla could not pull ahead of China’s BYD in global electric-car sales, the U.S....
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