GM Ventures, others invest in Israeli EV battery startup Addionics

25July 2024

GM Ventures, others invest in Israeli EV battery startup Addionics

Addionics raised $39 million from investors including General Motors’ venture capital arm to help commercialize...

25July 2024

Lear says Q2 earnings rise on record sales, lowers outlook amid EV uncertainty

Lear reported record sales and a modest gain in second-quarter net income as the company...

25July 2024

Stellantis CEO Tavares: U.S. plants building too many vehicles that need rework

Shipments of the Ram 1500 and other vehicles have been slowed by problems that need...

25July 2024

Prestone scientists working to develop low-conductivity coolant to boost EV efficiency

Low-conductivity coolant in EVs and fuel cell vehicles can increase charging and driving efficiency and...

25July 2024

Traditional automakers’ EVs surpass Teslas in J.D. Power satisfaction study

Overall consumer satisfaction with vehicles is rising, especially on fuel economy, but infotainment systems continue...

25July 2024

Toyota to replace 100,000-plus engines in recalled Tundra, Lexus LX

The Japanese automaker will notify customers this month of the fix, which involves uncleaned debris...

25July 2024

CEO Makoto Uchida says Nissan U.S. incentive spending nearly erases quarterly profit

Nissan CEO Makoto Uchida says soaring U.S. selling expenses fueled a 99 percent plunge in...

25July 2024

Early CDK Global DMS return helped ease Group 1’s Q2 losses

The auto retailer estimates it lost $17 million in pretax income in the second-quarter due...

25July 2024

Maserati under scrutiny after disappointing first half

Stellantis CFO Natalie Knight said there could be ‘some point in the future’ when the group...

25July 2024

Volvo softens EV-or-bust strategy as hybrids show promise

Some Volvo dealers fear the consequences of sticking to the 2030 target as EV growth...

25July 2024

North American EV battery capacity plans grow tenfold after incentives, Energy Department says

Planned battery cell production would power about 14 million light-duty EVs annually by 2030, according...

25July 2024

UAW, Lear reach tentative agreement, ending strike that idled GM Wentzville plant

The UAW and Lear Corp. reached a tentative agreement at a Missouri seating factory late...

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