Lotus slashes 2024 sales forecast as EU, U.S. tariffs on EVs take hold

29August 2024

Lotus slashes 2024 sales forecast as EU, U.S. tariffs on EVs take hold

Lotus Tech said its net loss widened to $202 million in the April-June period from...

29August 2024

Ineos Automotive shuffles exec roles after key departures

George Ratcliffe, the son of Ineos Group Chairman Jim Ratcliffe, is president of Ineos Automotive’s...

29August 2024

Europe sales stagnate in July as EV demand plummets in Germany

Sales of EVs increased in countries including France and the U.K., but those gains were...

29August 2024

Genesis will add hybrids to diversify electrified lineup

The premium brand is slowing its rush to an all-electric lineup as consumers push back...

28August 2024

Smart plans 2025 Europe launch for #5 midsize electric SUV

Smart says the #5 will appeal to owners of the brand’s small city cars, many...

28August 2024

F&I revenue still possible as leasing returns

As leasing grows across the country, car dealership finance managers might have a harder time...

28August 2024

Ford joins Harley in scaling back DEI policies amid backlash

Ford is joining Harley in scaling back DEI policies amid a backlash....

28August 2024

Ineos Automotive shuffles exec roles after key departures

Two Ineos Automotive executives have been given new roles within the young automaker....

28August 2024

Fintech expert breaks down a disparity in lending to Uber drivers

Traditional prime auto lenders financed far fewer gig drivers than subprime lenders....

28August 2024

Ed Morse Automotive completes purchase of 6 Arizona dealerships

The dealerships represent the first in the state for the group....

28August 2024

How IndyCar’s hybrid system rollout is going

IndyCar’s hybrid system, developed by Honda, Chevrolet and Ilmor, debuted in July at a race...

28August 2024

Experts aim to establish levels for software-defined vehicles

Defining the SDV might come down to Levels 1 through 5....

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