Europe’s auto chipmakers have a deepening China habit

9August 2024

Europe’s auto chipmakers have a deepening China habit

The Chinese government has asked EV firms such as BYD and Nio to increase their...

9August 2024

China takes Europe’s EV tariffs to WTO as trade tensions rise

China’s Ministry of Commerce argues that the EU’s actions lack “factual and legal foundation” and...

9August 2024

BMW recalls more than 100,000 vehicles in U.S. due to engine starter fault

BMW is recalling vehicles due to a faulty engine starter that could increase the risk...

9August 2024

Stellantis to help fund Archer Aviation’s air-taxi production costs

Stellantis CEO Carlos Tavares has said that the idea of inexpensive air taxis fit with...

9August 2024

Linamar’s Linda Hasenfratz steps down as CEO, remains executive chair, company says

Linamar’s Linda Hasenfratz has stepped down as CEO of the Canadian parts supplier, the culmination...

8August 2024

Still-churning Tropical Storm Debby prompted Raleigh auto dealerships to move vehicles

Hanna Imports, a used-vehicle dealership in Raleigh, N.C., relocated around 200 vehicles ahead of the...

8August 2024

Luminar Q2 net loss narrows to $130.6 million; debt restructuring deal reached

The lidar supplier said revenue grew 2 percent to $16.5 million....

8August 2024

Feldman buys car dealership that battled back after Chrysler bankruptcy

Feldman Automotive Group is expanding with the acquisition of a dealership in Livonia, a Detroit...

8August 2024

CDK cyberattacks dampen public dealership groups’ Q2 numbers

The June 19 CDK cyberattacks significantly dampened earnings or created noteworthy short-term financial setbacks for...

8August 2024

BMW recalls more than 100,000 vehicles due to engine starter fault

BMW is recalling vehicles due to a faulty engine starter that could increase the risk...

8August 2024

Losses continue to pile up at Rivian and Lucid in Q2

Both EV makers have received large cash infusions to help stem cash burn and pay...

8August 2024

Volvo ups sticker price on new EX90 EV by $3,300 despite missing features

One Volvo dealer said 40 percent of his EX90 reservations were canceled because the EV...

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