Tag: auto industry events

Volvo and Daimler Truck have agreed to form a joint venture to develop a common software-defined vehicle platform and dedicated truck operating system. This...

General Motors (GM) and South Korea's LG Energy Solution and LG Electronics have agreed to establish a $150 million fund to compensate Chevrolet Bolt...

U.S. Commerce Secretary Gina Raimondo has warned about the possibility of extreme measures targeting Chinese-connected vehicles, including a potential ban. Such actions could significantly...

The National Highway Traffic Safety Administration (NHTSA) has expressed significant safety concerns regarding Ford's recall of over 42,000 SUVs due to fuel leak worries,...

French Finance Minister Bruno Le Maire has made a significant move by inviting China's well-known electric vehicle (EV) manufacturer BYD to set up a...

Republicans have proposed an Inflation Reduction Act (IRA) bill to repeal the U.S. EV tax credit. If this bill passes, it would delay the...

Penske Automotive Group, a prominent player in the automotive retail industry, recently reported a significant 28% decline in net income for the first quarter....

In compliance with a Worker Adjustment and Retraining Notification (WARN) notice submitted to the state Employment Security Department, Sonic Automotive has closed all of...

Wendy Engelhardt is the strategic solutions manager at automotiveMastermind, an industry-leading platform that uses behavioral data analytics to transform dealerships' methods for locating, interacting...

The United Auto Workers (UAW) President Shawn Fain informed members that the union would continue its strike, demanding even better deals despite the Detroit-Three...