The newest wave of highly anticipated EV models from big brands such as Chevy, Honda, Jeep, and Volkswagen are expected to drive October’s market share.
According to Cox Automotive’s EV Market...
Penske Automotive Group reported a 14% drop in net income in Q3 due to the BMW recall and rising interest costs. Penske, a diverse automotive giant, offers a portfolio of...
Ford has announced a significant shift in its production strategy by relocating the battery manufacturing for the Mustang Mach-E from Poland to Michigan, effective 2025. This decision comes as part...
United Auto Workers (UAW) Local 2209 is set to hold a critical vote on Wednesday regarding a potential strike at General Motors' Fort Wayne Assembly Plant in Indiana. The plant...
A divided U.S. appeals court has ruled that Tesla CEO Elon Musk's 2018 tweet, which stated that employees would lose stock options if they unionized, falls under the protection of...
LG Energy Solution reported a significant operating profit drop of nearly 40% for the third quarter, attributing the decline to sluggish demand for electric vehicles (EVs). For the three months...
On Thursday, Volkswagen's Scout Motors unveiled its concept electric SUV and truck, announcing extended-range versions that include a small gasoline engine to address U.S. drivers' concerns about recharging. The full...
Stellantis has invested $29.5 million in advanced wind tunnel technology at its research and technical center in Auburn Hills, Michigan. This investment aims to improve the driving range of upcoming...
The U.S. government has approved the construction of a massive lithium mine in Nevada, aiming to disrupt China’s hold over the global supply of critical minerals needed for electric vehicle...
In October 2024, new vehicle sales are expected to rise by 10% compared to September, while maintaining a seasonally adjusted annual rate (SAAR) of 15.8 million. This increase in sales...