Tag: industry news
Ford steps up EV push with series of supplier agreements
Ford Motor Company announced on Thursday that it would purchase lower-cost lithium iron batteries from Chinese battery leader CATL for its electric pickup trucks and SUVs sold in North...
AutoNation reports record quarterly earnings per share, new vehicle sales hindered...
Many auto dealer groups and OEMs are struggling to meet the demands of their customers as problems with the global supply chain continue. AutoNation,...
GM, Ford request permit to deploy AVs without steering wheels
General Motors and Ford have separately requested exemptions from US safety regulators regarding deploying self-driving vehicles without steering wheels and brakes. Both OEMs seek to deploy 2,500 cars per...
Senate moves forward with $50 billion bill to bolster US chip...
The U.S. Senate has approved a reduced version of a bill that aims to increase semiconductor competition with China and reduce dependency on Asian manufacturers.
The bill provides about...
VW leadership shake up names Scott Keogh President and CEO of...
Volkswagen Group is bolstering its executive team in the United States to expedite its aggressive growth plan for North America. The group intends to take...
Amazon-owned Zoox plans to test self-driving robotaxis in California
Amazon's self-driving firm and robotaxi company Zoox is gearing up for an official launch by applying for a California permit to test-drive its flagship...
Aston Martin’s iconic wings get new design with latest brand campaign
Ultra-luxury vehicle maker Aston Martin is changing its global marketing campaign to drive growth among new audiences, according to a recent press release. The...
Cadillac Lyriq buyers offered $5,500 discount if they sign an NDA...
Cadillac is now offering $5,500 discounts to a small group of Lyriq buyers, who are ready to sign an NDA and permit Cadillac to...
GM debuts 2024 Chevrolet Blazer EV lineup to rival Tesla and...
General Motors has unveiled its newest model, the Chevrolet Blazer EV. The new Blazer is expected to be in direct competition with Tesla's Model Y and Ford's Mustang Mach-E....
Illinois Secretary of State revokes Carvana’s dealer license for the second...
For the second time in two months, the Illinois Secretary of State's office has revoked Carvana's dealer's license and banned the retailer from selling vehicles in...