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UAW preps Stellantis workers for strike, Ford offers free EV chargers,...

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Top stories UAW leaders urge Stellantis workers to prepare for strike. Read More Ford to offer free home chargers and installation to boost EV adoption. Read...
California Governor Gavin Newsom has vetoed a bill requiring new vehicles to alert drivers when exceeding the speed limit by at least 10 mph.

Gov. Newsom vetoes California bill requiring speed alerts in new vehicles

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California Governor Gavin Newsom has vetoed a bill requiring new vehicles sold in the state to alert drivers when exceeding the speed limit by...
Investment firm Monroe Capital announced plans to launch a new fund to provide up to $1B in loans to smaller auto suppliers

Monroe Capital launches $1 billion fund to support small auto suppliers...

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Investment firm Monroe Capital LLC announced plans to launch a new fund, The Drive Forward Fund LP, aimed at providing up to $1 billion...

Ford sales up 13.4%, Japan invest $2.4B in EV batteries, Hyundai...

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Top stories Ford's August sales surge 13.4%, driven by F-Series trucks and hybrids. Read More Japan invests $2.4 billion in subsidies to boost EV battery production....
Republican presidential candidate Donald Trump stated that if elected, he might end the $7,500 tax credit for electric vehicles.

Weekly roundup: UAW warns Stellantis strike, Auto industry backs Inflation Reduction...

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Earlier this week: The UAW threatened a Stellantis strike over delays at the Belvidere assembly plant. The auto industry rallied to preserve the Inflation...
Ford is adjusting its electrification strategy, canceling plans for an electric SUV in a move that could cost approximately $1.9 billion

Ford recalibrates EV strategy, cancels electric SUV, and focuses on profitability

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Ford is adjusting its electrification strategy, canceling plans for a fully electric SUV in a move that could cost the automaker approximately $1.9 billion....
Lucid announced on August 5, 2024, that its largest shareholder, Saudi Arabia's Public Investment Fund (PIF), will inject up to $1.5B in cash

Lucid secures $1.5 billion investment from Saudi Arabia’s PIF to boost...

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Lucid announced on August 5, 2024, that its largest shareholder, Saudi Arabia's Public Investment Fund (PIF), will inject up to $1.5 billion in cash...
According to the J.D. Power 2024 Study, the Ford F-Series Super Duty & Jeep Wagoneer emerged victors in their segments.

Ford and Stellantis top J.D. Power 2024 vehicle appeal survey

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According to the J.D. Power 2024 U.S. Automotive Performance, Execution, and Layout Study, released Thursday, the Ford F-Series Super Duty, Jeep Wagoneer, and Alfa...

Stellantis reports steep profit decline, Ford’s mixed Q2 amidst EV surge,...

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Top stories Stellantis reports a steep decline in first-half profits amid production and market challenges. Read More Ford reports mixed Q2 2024 results amidst EV sales...
Ford released its second-quarter earnings today, revealing a mix of positive revenue growth and missed earnings expectations.

Ford reports mixed Q2 2024 results amidst EV sales surge and...

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Ford released its second-quarter earnings today, revealing a mix of positive revenue growth and missed earnings expectations. Despite revenue climbing 6% to $44.8 billion,...