Tag: electric vehicles
Toyota gears up for electric SUV with additional $922M investment in...
Toyota has announced a massive investment in its Georgetown, Kentucky plant, committing nearly $1 billion to prepare for its first three-row electric SUV. The...
Weekly roundup: GM Cruise shifts focus, Tekion sues CDK, Ex-TrueCar worker...
Earlier this week: General Motors’ Cruise ditches robotaxis to invest in driver-assistance features. Tekion slams CDK with a federal antitrust lawsuit, citing anticompetitive practices...
Mary Barra warns of ‘substantial impact’ from proposed tariffs under Trump
General Motors (GM) CEO Mary Barra addressed concerns on Wednesday regarding the potential impacts of higher tariffs on goods imported from Mexico and Canada...
Volkswagen offers Tennessee workers 14% wage increase amid union tensions
Volkswagen has extended a proposal to its newly unionized workforce at the Chattanooga, Tennessee, assembly plant, offering a 14% wage increase over four years,...
Auto dealers’ 2025 outlook brightens as optimism surges post-election
The Q4 2024 Cox Automotive Dealer Sentiment Index (CADSI) revealed a shift in dealer outlook. Throughout 2024, political uncertainty surrounding the U.S. presidential election...
November new-vehicle prices rise as incentives attract buyers
According to the latest data from Kelley Blue Book (KBB), new-vehicle prices in November climbed by 1.5% year-over-year reaching an average transaction price (ATP)...
Ryan Kerrigan discusses post-election impacts, tariffs, and EV growth
It’s been a few weeks since the election, and it seems like we are starting to get some additional information on what the next...
General Motors’ Cruise ditches robotaxis to invest in driver-assistance features
General Motors' Cruise is abandoning its mission to develop robotaxis and shifting its focus to advancing driver-assistance features.
On December 10, the automaker announced that...
Amazon Auto steps into car sales with Hyundai, offers seamless buying...
For the first time, consumers can now purchase a car directly through Amazon, marking the e-commerce giant's first step into automotive retail. The new...
Tesla reduces Supercharger prices amid record usage
Tesla has announced a price reduction across its Supercharger network, responding to rising charging costs that had started to erode one of the key...