EV sales growth slowdown causes headaches for suppliers

18January 2024

EV sales growth slowdown causes headaches for suppliers

For suppliers that depend upon stable production and insight into automakers’ product plans to remain...

18January 2024

FTC stays CARS Rule on dealerships pending U.S. appeals court review

The Federal Trade Commission has stayed enacting its CARS Rule on auto dealerships pending the...

18January 2024

Judge rejects Minn. Ford dealership’s attempt to halt opening of competing store

A federal judge has rebuffed a bid by a North Branch, Minn., dealership to prevent...

18January 2024

VinFast U.S. plans rise above early setbacks

The startup is committed to a national dealer network, North Carolina factory and a broad...

18January 2024

VinFast reports 34,855 global sales for 2023, below its forecast

The Vietnamese automaker, which is setting up a U.S. dealership network, said economic headwinds and...

18January 2024

Hyundai charges forward on electrified future

Fluctuations in EV sales won’t impede Hyundai’s commitment to electrified vehicles, said Olabisi Boyle, senior...

18January 2024

Rivian adds leasing for R1S crossover with $7,500 EV credit built in

The EV maker is offering its R1S crossover as a lease with a $7,500 capitalized...

18January 2024

Bosch to cut 1,200 jobs in software unit on self-driving lag

Bosch said a weak economy and high inflation, caused among other things by increased energy...

18January 2024

NHTSA probes Stellantis’ recall of plug-in hybrid minivans after 4 reports of fires

NHTSA said it received four consumer complaints from December 2022 through December 2023 alleging battery...

18January 2024

American Honda targets 1.4 million sales in 2024

American Honda expects to sell 1.4 million vehicles in 2024 between its Honda and Acura...

18January 2024

Nissan could pull next-generation Rogue production out of U.S.

Nissan has asked suppliers for an average 20 percent cut in parts pricing on the...

18January 2024

Bosch aims to cut 1,200 jobs in software division by end 2026

Bosch said a weak economy and high inflation, caused among other things by increased energy...

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