Tag: electric vehicles
EVs and hybrids shine in IIHS 2024 Safety Awards
The Insurance Institute for Highway Safety (IIHS) has announced its latest safety award winners for 2024, highlighting strong performances by electric and hybrid vehicles...
Volkswagen secures job agreements amid cost-cutting measures
Volkswagen has struck a pivotal deal with its union leaders to preserve its 10 German factories and maintain job security agreements until 2030, despite...
California dealers challenge VW’s direct sales plan for Scout vehicles –...
The California New Car Dealers Association (CNCDA) is taking a stand against Volkswagen’s plan to sell its Scout-branded vehicles directly to consumers, issuing a...
Dealertrack’s November 2024 report shows increased approval rates and favorable loan...
November 2024 saw a significant uptick in auto credit access, with the Dealertrack Credit Availability Index reaching 95.4—a 1.0% increase from October and a...
Carlos Ghosn warns Nissan faces “carnage” in Honda potential merger
Former Nissan CEO Carlos Ghosn has raised concerns that Nissan would be severely impacted by a potential merger with Honda, predicting a “cost-cutting carnage”...
Detroit Giants donate $1M to Trump’s 2025 inauguration
As the automotive industry prepares for President-elect Donald Trump's upcoming January inauguration, both Ford and General Motors (GM) announced substantial contributions, each donating $1...
GM finalizes $625M stake in Nevada Thacker Pass lithium mine
Lithium Americas has officially finalized its joint venture agreement with General Motors (GM) to develop the Thacker Pass lithium mine in Nevada. This partnership...
Stellantis unit FCA U.S. faces $4.2M penalty over diesel emissions violations
Stellantis' FCA U.S. division has agreed to pay $4.2 million to settle a California Air Resources Board (CARB) investigation into excessive emissions violations, marking...
Hyundai to provide free CCS-to-Tesla NACS adapters
Many consumers are interested in electric vehicles, but they cite their biggest hang-up: insufficient availability of fast and convenient charging. Hyundai is taking a...
Stellantis u-turns on Ohio layoffs amid leadership challenges
Stellantis has reversed its decision to lay off approximately 1,100 employees at its Toledo South Assembly Plant in Ohio, just weeks after the sudden...