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The move comes as GM invests approximately $390 million into the Fairfax facility to facilitate the production of the new Chevrolet Bolt EV.

Weekly roundup: Say good-bye to the Chevy Bolt EV, Tesla shareholders...

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Earlier this week: Production will end for Chevrolet's most affordable EV, the Chevy Bolt; the International Energy Agency (IEA) released its Global EV Outlook for...
GM 2023 guidance

GM to stop making Chevy Bolt after increasing 2023 guidance

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Coming off one of its most successful quarters, General Motors has revised its 2023 guidance to account for greater earnings and revenue than it...

AutoNation Q1 results, Tesla backlash, March service revenue

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Inside Automotive How Honda dealers are preparing for the future of automotive retailing – Bill Feinstein Honda’s U.S. Segment is off to a strong start in...
Tesla Q1 aftermath

Tesla faces criticism over new pricing strategy, self-driving promises

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Tesla is facing some pushback over its April 20 quarterly earnings call as investors and industry insiders contend with the automaker's new stances on...
Many automakers, including Ford, GM, Volvo and now Mercedes, are conforming to Tesla's fast charging system, also known as the North American Charging Standard or NACS.

Musk continues to drive EV price war, favoring growth over profit

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Welcome to another edition of The Future of Automotive, with Steve Greenfield, Founder, and CEO of Automotive Ventures, where we put recent automotive and...

Weekly roundup: Tesla Q1 earnings, Buick debuts last ICE, revised EV...

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Earlier this week: Rivian announced the expansion of its Adventure EV charging network, Lincoln debuted its new Nautilus SUV, the Treasury Department's revised EV...
Tesla Q1 earnings call

Tesla reveals lower profits, new Cybertruck details during Q1 earnings call

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During Tesla's quarterly earnings call, worries over the automaker's declining profits were confirmed as the company revealed its net income had declined 24% from...

Tesla slashes Model Y, Model 3 prices again prior to Q1...

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For the sixth time this year, Tesla cuts the costs of certain of its Model Y and Model 3 vehicles in the U.S. in...

New and used sales, Buick’s last ICE, new VW flagship

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Inside Automotive How solar power could help dealers make money during the EV shift - Mark Mears, Ryan Ferrero On this edition of Inside Automotive we...
tax credit, tax credits, revisions

Most EV models likely to earn partial or full tax credit...

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With the Treasury Department's electric vehicle tax credit revisions set to apply on April 18, new research suggests their effect on automaker sales will...