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Lordstown Motors announced on August 15 that it had reached a $40 million settlement with Karma Automotive over a 2020 lawsuit in which the now-bankrupt EV company was accused of stealing intellectual technology.

Lordstown Motors reaches a $40 million settlement with Karma Automotive

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Lordstown Motors announced on August 15 that it had reached a $40 million settlement with Karma Automotive over a 2020 lawsuit in which the...
As competition in the market for electric vehicles intensifies, Tesla launched less expensive versions of its Model S and Model X vehicles in the U.S.

Tesla releases cheaper, shorter-range versions of its Model S and X...

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As competition in the market for electric vehicles intensifies, Tesla launched less expensive versions of its Model S and Model X vehicles in the...
President Biden is urging car manufacturers and union leaders to forge a deal and avoid a strike amidst talks between the UAW and automakers.

Biden urges automakers, UAW to strike deal before September strike

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President Biden is urging car manufacturers and union leaders to forge a deal and avoid a strike as exchanges between Big-Three automakers and UAW...
Ford has announced it will include its driver-assistance software, BlueCruise, on several 2024 models by default.

Ford to include BlueCruise, hands-free driving with select 2024 models

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Ford will include its driver-assistance software, BlueCruise, on several 2024 models by default. The car manufacturer announced the new plan on Monday, August 14. Previously,...
On today's CBT Now, Scott Mautz joins us to discuss how to give your boss feedback, and navigate what to say and when to say it? 

3 crucial steps to providing feedback to your boss — Scott...

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When it comes to the world of business, we've seen the impact that leadership from the middle of an organization has. Yet, one of...
Haig Partners assisted with the sale of BMW of Bridgeport to Mauro Motors in the mergers and acquisitions firm's 40th dealership sale in the northeast since 2020.

Haig Partners represents BMW dealer in 40th northeast sale since 2020

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Haig Partners assisted with the sale of BMW of Bridgeport to Mauro Motors in the mergers and acquisitions firm's 40th dealership sale in the...
The Phoenix-based Nikola, which produces Class 8 trucks with battery and hydrogen power, recalls 209 Tre BEV trucks and has temporarily stopped new sales.

Nikola launches probe into 209 Tre BEV trucks, halts sales over...

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The Phoenix-based truck manufacture, Nikola, who produces Class 8 trucks with battery and hydrogen power, is recalling 209 Tre BEV trucks and has temporarily...
Electric vehicle maker Tesla is planning to enter the data business with the launch of a "1st of its kind" data center.

Tesla to build its own data centers as it scales self-driving...

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Electric vehicle maker Tesla is planning to enter the data business with the launch of a "1st of its kind" data center as the...
Escalade IQ

GM delivers on promise to build affordable EVs, starting with its...

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General Motors hopes a new all-electric version of the Cadillac Escalade can spark the same success for a new generation of affluent purchasers, 25...
Leaders from Stellantis and United Auto Workers (UAW) clashed over electric vehicle price points amidst ongoing contraction negotiations.

Stellantis, UAW clash over electric vehicle price points

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Leaders from Stellantis and United Auto Workers (UAW) clashed over electric vehicle price points amidst ongoing contraction negotiations between Detroit-Three automakers and union representatives. Although...