Ford to pay $365 million over effort to evade U.S. import tariffs

11March 2024

Ford to pay $365 million over effort to evade U.S. import tariffs

Ford Motor will pay $365 million to resolve U.S. allegations it violated a federal tariff...

11March 2024

Court OKs sales of Shift Technologies’ digital assets

A California bankruptcy court approved dividing up the digital assets of used-vehicle retailer Shift Technologies...

11March 2024

Asbury sells Lexus store and Baxter Auto adds Toyota dealership in Q1, Q4 deals

Asbury Automotive Group Inc. sold a Lexus dealership, Baxter Auto bought a Toyota dealership and...

11March 2024

CFO at struggling supplier Continental won’t extend contract

Katja Garcia Vila, CFO since December 2019, plans to leave Continental, the supplier said. The...

11March 2024

NHTSA probes nearly 251,000 Honda vehicles over unintended braking

The safety probe covers 2019-22 Honda Insight hybrid sedans and Honda Passport midsize crossovers....

11March 2024

Ford Focus plant in Germany halts output on supplier strike

Ford’s Saarlouis factory halted production after workers at five suppliers went on strike seeking improved...

11March 2024

Valmet Automotive CEO: Contract manufacturing an option for Chinese brands looking to enter N. America, Europe

The failed Fisker Karma taught Valmet Automotive about electrified vehicles and how to work with...

11March 2024

Korean battery makers ease driver anxiety with winter-proof cells

SK On’s new Winter Pro lithium-iron-phosphate battery has an extended charging capacity and enhanced energy...

11March 2024

Chevy Blazer EV sales resume with price cut after software issue

Chevy said the Blazer EV will have a lower starting price and again qualify for...

11March 2024

VW joins Tesla in quitting Australia auto lobby committee as fight grows over green fuel standards

Australia proposed vehicle efficiency standards that will penalize automakers who import emissions-intensive models and reward...

11March 2024

VW drops plans to build ID3 in Wolfsburg in savings drive

VW said Wolfsburg will continue to focus on combustion-engine and plug-in hybrid vehicles such as...

11March 2024

Why BYD doesn’t like to be compared with Tesla

The Chinese automaker’s success against major global competitors underlines why BYD doesn’t like to be...

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