Scout Motors touts benefits of being a Volkswagen Group-backed startup

16February 2024

Scout Motors touts benefits of being a Volkswagen Group-backed startup

For EV brand Scout Motors, being a startup backed by Volkswagen Group has its perks,...

16February 2024

Stellantis shuns buying regulatory credits, evolves lineup

Stellantis CEO Carlos Tavares isn’t allowing the automaker “to ever buy a single credit,” said...

16February 2024

UAW strike dinged supplier earnings, but worst-case scenarios were dodged, reports show

Major suppliers were largely able to absorb the financial impact of the UAW strike and...

16February 2024

Mercedes pivots focus to lower-priced models to drive U.S. sales in 2024

Mercedes-Benz to veer from high-end models and EVs in hopes of topping 300,000 in U.S....

16February 2024

GM’s Cruise hardware chief resigns in latest exit after operations suspended

Carl Jenkins, the senior vice president for autonomous vehicle platforms, is leaving after six years...

16February 2024

Tesla, Ford and Chevy suffer December EV slowdown, but U.S. registrations grow 23%

Electric vehicles captured 8.8 percent of U.S. light-vehicle registrations in December, S&P Global says. While...

16February 2024

Why Stellantis’s 2023 success is not just a North America, Europe story

Despite its reliance on North America, Stellantis is seeing success in regions that CEO Carlos...

16February 2024

VW’s Scout Motors breaks ground on U.S. plant

The groundbreaking of Scout Motors’ $2 billion plant follows the fledgling automaker’s decision to set...

16February 2024

Ford CEO Jim Farley: Smaller, profitable EVs are nonnegotiable

The CEO said the automaker is pivoting its EV strategy to focus on a cheaper...

16February 2024

Stellantis profit fell 10% in H2 due to N. America strikes

Stellantis is preparing for a difficult year with higher global vehicle output weighing on prices...

16February 2024

Renault says bigger is not better as Stellantis stokes M&A talk

Renault CEO Luca de Meo says the automaker is “very open” to sharing investment in...

16February 2024

VW to supply Mahindra with electric components, battery cells

Mahindra will be the first external partner to use VW’s unified cell, a new cell...

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