Tag: OEM headlines
Federal EV tax credit renewals are stuck in limbo
There has been much talk between members of Congress, OEMs, and other automotive retail professionals about electric vehicle tax credits. At the moment, there...
South Korean trucker strike takes aim at semiconductors, clogs supply chain
In protest of the ever-escalating fuel costs, truck drivers in South Korea have taken their foot off the gas. Government predictions suggest that at...
Ford CEO Jim Farley hints at adjusting dealership model, might implement...
Ford Chief Executive Officer Jim Farley said at an Alliance Bernstein event that the electrification of the auto industry is “the most exciting land...
Elon Musk tells employees to come in-person to the office or...
Tesla’s Chief Executive Officer Elon Musk sent two serious emails to all employees, stating they must return to the office or it will be assumed that...
Buick plans for an all-electric lineup in North America by 2030
As part of parent company General Motors’s plan to be all-electric by 2035, Buick is the latest brand to announce a timeline for electrifying all of...
Nissan tells dealers to stop taking 2023 Ariya orders
Demand for Nissan's upcoming 2023 Ariya SUV has gotten so high that the automaker has told U.S. dealers to stop taking orders for it. Ashwani Gupta,...
Fiat Chrysler Automobiles expected to reach plea deal in emissions case
After several years of being under investigation, sources close to the matter say Fiat Chrysler Automobiles is expected to plead guilty to conspiracy and pay a...
Ford agrees to pay $19.2 M to settle false advertisement claims
Ford Motor Co. has reached a settlement with 40 states and the District of Columbia after allegations that the automaker made false advertisements regarding fuel economy...
Samsung SDI and Stellantis to build EV battery plant in Indiana
South Korea-based Samsung SDI and Stellantis N.V. announced this week they would be entering into a joint venture to build a lithium-ion battery production plant in...
CEO Carlos Tavares foresees EV materials shortage in coming years, disrupting...
Stellantis CEO Carlos Tavares is warning the auto industry and regulators of serious hurdles they could face in the coming years as they race...