Tag: automotive industry insights
Lordstown Motors reaches a $40 million settlement with Karma Automotive
Lordstown Motors announced on August 15 that it had reached a $40 million settlement with Karma Automotive over a 2020 lawsuit in which the...
Tesla releases cheaper, shorter-range versions of its Model S and X...
As competition in the market for electric vehicles intensifies, Tesla launched less expensive versions of its Model S and Model X vehicles in the...
Biden urges automakers, UAW to strike deal before September strike
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 to include BlueCruise, hands-free driving with select 2024 models
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,...
3 crucial steps to providing feedback to your boss — Scott...
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 represents BMW dealer in 40th northeast sale since 2020
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...
Nikola launches probe into 209 Tre BEV trucks, halts sales over...
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...
Tesla to build its own data centers as it scales self-driving...
Electric vehicle maker Tesla is planning to enter the data business with the launch of a "1st of its kind" data center as the...
GM delivers on promise to build affordable EVs, starting with its...
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...
Stellantis, UAW clash over electric vehicle price points
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...