Carvana CEO: ADESA real estate plays key part in our growth plan

15May 2024

Carvana CEO: ADESA real estate plays key part in our growth plan

Carvana slowed its sales growth in 2022 and 2023 to address profitability, but it’s now...

15May 2024

Penske Truck Leasing to offer REE electric truck to fleet customers

REE’s partnership with Penske Truck Leasing is a boon for the electric truck and chassis...

15May 2024

GM’s Cruise pays more than $8 million in robotaxi settlement

GM’s Cruise will pay more than $8 million in the robotaxi settlement. ...

15May 2024

Stellantis-Leapmotor JV targets Europe’s mass market with 6-vehicle range

China’s Leapmotor will start with sales of the full-electric T03 minicar and C10 midsize SUV...

15May 2024

China’s Aiways shifts focus to Europe with new funding

Aiways has been in talks with investors on restarting production and developing a new, affordable...

15May 2024

Mercedes halts development of MB.EA large EV platform

With EV demand slumping, Mercedes will stop developing the MB.EA architecture for future E-Class and...

15May 2024

BYD introduces plug-in hybrid pickup in Mexico

The Shark will be distributed globally but BYD has no plans to sell it in...

15May 2024

Porsche to launch hybrid 911 with boosted performance

Although Porsche has not released further details on the model, the automaker said the car...

15May 2024

Volvo’s U.S. EV sales plunge in Q1: A momentary blip or a sign its 2030 plan is in jeopardy?

Volvo EV sales in the U.S. plummeted 65 percent in the first quarter. According to...

15May 2024

Tesla strike in Sweden heats up as nation’s largest union joins fray

More than a dozen unions have launched action in support of IF Metall’s strike against...

15May 2024

Renault to skip Level 3 self-driving cars in favor of autonomous minibuses

Renault Group will focus its self-driving efforts on autonomous shuttles. Advanced driver assistance systems, or...

15May 2024

Ex-Alabama coach Nick Saban dragged into UAW’s fight to unionize Mercedes plant

Saban, a co-owner in seven Mercedes-Benz dealerships, said his comments about college football unionization were...

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