Polestar reports growing red ink for 2023 as EV demand slows

28June 2024

Polestar reports growing red ink for 2023 as EV demand slows

The electric-vehicle maker had repeatedly delayed reporting results because of accounting issues. Net losses widened...

28June 2024

Polestar reports decline in 2023 revenue as EV demand slows

The electric-vehicle maker had repeatedly delayed reporting results because of accounting issues. Net loss widened...

28June 2024

Fisker to recall over 12,000 Ocean SUVs

Fisker is recalling 8,204 Ocean SUVs in the U.S., 513 in Canada and 3,806 in...

28June 2024

CDK restores DMS for Group 1, more dealerships as cyberattack costs rise

The cost of the shutdown is rising rapidly as its impact is becoming clearer and...

28June 2024

Japanese-Texas fusion hotel will cater to Toyota HQ visitors

The Miyako Hotel near Toyota’s North American headquarters in Plano, Texas, is scheduled to open...

28June 2024

VW to develop plug-in hybrids, EVs with SAIC

Volkswagen Group, looking to accelerate product development, plans to develop three plug-in hybrids and two...

28June 2024

Saudi Aramco to buy 10% stake in Renault, Geely combustion-engine JV, report says

The transaction is set to value Horse Powertrain at about €7.4 billion ($7.9 billion) with...

28June 2024

BMW wins approval to combine ‘hands off’ driving aids on 7 Series

BMW’s Level 2 and Level 3 systems involve different levels of liability, but both have...

28June 2024

Saudi Aramco to buy 10% stake in Renault, Geely combustion-engine JV, report says

The transaction is set to value Horse Powertrain at around €7.4 billion ($7.9 billion) with...

28June 2024

Automotive News Europe salutes Susann Mayhead

The Rising Star for Human Resources is Susann Mayhead, who is the board member for...

28June 2024

Second set of dealerships, public retailer brought back online after CDK cyberattacks

CDK Global said it brought a second small set of dealer customers back online as...

28June 2024

Outage from CDK cyberattacks could cost dealers $1 billion, study says

Anderson Economic Group said affected dealers could be out about $600 million after two weeks...

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