Rivian’s bond issue does not reflect concerns around EV maker’s financial health -CEO
Rivian’s earlier-than-expected bond issuance this month was meant to strengthen the EV maker’s balance sheet...
17October 2023
From the archive: on this day in 1928
Many thousands of Brits perused cars from all over Europe and America 157 specialist brands...
Lucid sold just 1,457 cars in Q3 after price cuts, lease deals, marketing to boost demand
Through the first three quarters, Lucid delivered 4,267 Air sedans and produced 6,037. The EV...
AutoNation won’t make formal Pendragon offer
AutoNation Inc. has joined Penske Automotive Group Inc. in dropping a pursuit of Pendragon, a...
Stellantis pulls out of CES tech expo, citing UAW strike, cost savings
Stellantis has used the world’s largest technology show to unveil EV concepts such as the...
GM delays electric pickup production at Mich. plant until late 2025
The automaker said its decision is not related to the ongoing UAW strike....
NADA board elects Chevrolet dealer Tom Castriota as next vice chairman
Castriota, owner of Castriota Chevrolet in Hudson, Fla., was elected Tuesday to the 2024 post...
GM supplier Ground Effects plans factory, 250 jobs in suburban Detroit
Ground Effects, or GFX, is the largest supplier of spray-on bedliners to automakers with 40...
Cars Commerce debuts as Cars.com’s new connected technology platform
Just as Facebook did with the launch of Meta, Cars.com will do the same with...
Citroen New e-C3 cracks the sub-25,000 euro EV barrier
The New e-C3 is built in Trnava, Slovakia, with a lower-cost LFP battery. It enters...
With affordable New e-C3 EV, Citroen goes into attack mode
Stellantis CEO Carlos Tavares puts the pressure on rivals from Europe and China with an...
Texas’ Sames Auto Group buys three stores
Sames Auto Group, one of the largest private auto retailers in the country, bought two...
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