Tag: auto industry news
Fourth-quarter earnings show positive trajectory for EV charging firm EVgo
EV charging network operator, EVgo, revealed its Q4 earnings for 2022. The company reports a narrower loss than expected as demand for chargers from...
EV startup Lucid plans to lay off approximately 1,300 employees
In an effort to reduce running costs and preserve cash before launching a second model next year, EV startup Lucid plans to lay off...
NHTSA investigates claims of seat belt failure in over 50,000 Tesla...
U.S. auto safety regulators have announced they are opening an evaluation into 50,000 Tesla Model X vehicles after receiving complaints reporting front seat belt...
New software updates have merged Rivan’s navigation with Tesla’s Superchargers
Rivian's navigation system has been integrated into Tesla’s most recent software update as part of the automaker's attempt to utilize a special plug in...
Restructuring Toyota’s EV strategy is the top priority for the next...
With a new leadership team recently introduced, Toyota's incoming CEO, Koji Sato, has pledged to "drastically" rework the automaker's sluggish EV strategy in order...
VinFast delays vehicle deliveries in the United States until late February
After finishing installing the most recent software updates, VinFast, a Vietnamese EV manufacturer, announced that it would postpone deliveries to car buyers in the...
LG and GM have discontinued their partnership on a fourth battery...
After failing to reach an agreement on specifics for the fourth plant, General Motors and LG Energy Solution have tentatively abandoned plans to build...
Using video to improve transparency in your service department – Joe...
Today’s consumers are counting on their dealers to be transparent more than ever. Video is a fantastic resource to build trust due to the...
GMs racketeering case looks to Supreme Court, Volvo’s powertrain improvements, Lincoln’s...
Inside Automotive
Dealer Jay Feldman brings first standalone Jeep dealership to Michigan
In December of last year, Feldman Automotive Group, a partnership founded in collaboration with...
CEO Carlos Tavares says Stellantis might shutter more auto plants, cites...
Carlos Tavares, CEO of Stellantis, warned on Thursday at CES 2023 that more car factories might close if high electric vehicle (EV) prices drive...