Tag: car manufacturers
Dave Kelleher urges Stellantis to rebuild trust with dealers amid CEO...
Over the weekend, Stellantis CEO Carlos Tavares abruptly resigned, citing "differences in views" with the board. His sudden resignation was effective immediately and came...
BYD overtakes Ford as the sixth-largest automaker
BYD, the Chinese automaker, is quickly climbing the ranks and is on track to sell 4 million units this year. The company recently outsold...
CFO Ma’s sudden departure complicates Nissan’s road to recovery
Nissan Motor's CFO, Stephen Ma, is stepping down amid a series of executive changes, marking another challenge for the automaker as it struggles to...
SUV market share hits record despite affordability crisis
SUVs continue to dominate the U.S. auto market, capturing 58% of all vehicle transactions between January and October 2024—a record high, according to Edmunds....
GM and Ford brace for impact of Trump’s 25% import tariffs
President-elect Donald Trump's proposal to impose a 25% tariff on imports from Mexico and Canada has sparked concern across the U.S. automotive industry. The...
Slowing EV sales prompt Porsche to delay electric push
Porsche is undergoing a significant strategic shift by reintroducing combustion engines and hybrid models into its vehicle lineup. This decision marks a notable departure...
Rivian lands $6.6 billion loan for Georgia EV plant
Rivian, the California-based electric vehicle (EV) startup, has received a major boost in its push to ramp up production with a $6.6 billion loan...
November new-vehicle sales hold steady as incentives rise
According to new data from Cox Automotive, the market has shown signs of resilience as new-vehicle sales for November are expected to maintain a...
Nissan slashes U.S. production by 17% amid slumping sales
Things aren't looking up for Nissan as they continue to slash U.S. production by 17% for the 2024 fiscal year. The automaker aims to...
Feds back AEB mandate despite pushback from automakers
The National Highway Traffic Safety Administration (NHTSA) has upheld its decision to require automatic emergency braking (AEB) technology in all new passenger vehicles by...
