Dealers see the good and bad out of unchanged interest rates

20March 2024

Dealers see the good and bad out of unchanged interest rates

Following Wednesday’s Fed meeting, the benchmark rate will remain at the 5.25-5.5 percent level....

20March 2024

In a twist, Fiat could add gasoline engine option to 500e

The current ICE Fiat 500 will not be homologated for Europe after July, and the...

20March 2024

To appease industry concerns, EPA eases stringency ramp-up in vehicle emissions rule

EPA now sees EVs at 30 to 56 percent of light-vehicle sales in 2030-32 model...

20March 2024

Automakers lose about $6,000 on every EV they sell

For the most part, automakers are not meeting consumer expectations for EVs, according to a...

20March 2024

Geely profit tops estimates even as price war rages on

Geely’s transition toward EVs is showing positive early results, with battery-powered vehicles, including plug-in hybrids,...

20March 2024

Aiways, other struggling Chinese EV makers get a new lease of life

Aiways, Zhidou and Haima are a trio of ‘zombie’ EV makers aiming to rebound in...

20March 2024

Aiways, other struggling EV makers get new lease of life

Aiways, Zhidou and Haima are a trio of ‘zombie’ EV makers aiming to rebound in...

20March 2024

Audi sees high Formula One costs as parent VW seeks efficiencies

Audi this month moved to fully control Switzerland’s Sauber Group’s F1 team in a bid...

20March 2024

Former auto dealer Bernie Moreno, with Trump support, wins GOP U.S. Senate primary in Ohio

Moreno said at his victory party that he had spoken with Donald Trump and thanked...

20March 2024

Bentley buyers are splashing out $42,000 on options for each car

Bentley buyers spend $42,000 on options for each car and the manufacturer earned $640 million...

20March 2024

Renault CEO calls for EU-wide fund to support EV transition

Luca de Meo urged a 10-year “Marshall Plan” to replace older polluting cars with newer...

20March 2024

For its next growth wave, Gentex looks beyond its mirrors

Gentex CEO Steve Downing believes new technologies under development can help the supplier raise revenue...

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