Tag: OEM news
February U.S. auto sales: Ford and Hyundai show marked improvements, Japanese...
According to preliminary estimates from LMC Automotive, a leading automotive forecasting, and data company, U.S. auto sales saw a notable increase in February 2023....
Reworked Care by Volvo program now available in California
Volvo Cars is offering Californians interested in luxury vehicles the chance to join the reworked Care by Volvo 2.0 program, a flexible subscription lease...
Stellantis pursues aggressive autonomous driving goals with recent acquisition
This Thursday, global vehicle manufacturer Stellantis announced it will acquire the software company aiMotive to further the development of their autonomous driving platform.
Stellantis is...
General Motors Q3 earnings beat estimates, posts record revenue of $41.9...
General Motors announced its third-quarter earnings on Tuesday, with results beating analysts' expectations and easing concerns about a possible recession.
The automaker reported diluted earnings...
2023 Ford Escape gets new design and upgraded tech, starts at...
Ford Motor Company announced it is updating its popular Escape model in an effort to differentiate it from the Bronco Sport. The company is...
Hyundai breaks ground on $5.5 billion EV plant in Georgia
Hyundai Motor Group broke ground on its new $5.54 billion "Metaplant" near Savannah, Georgia, yesterday. The company hosted a groundbreaking ceremony to mark the...
2023 Kia Niro EV starts near $40,000, will be available nationwide...
Kia has announced US pricing for the upcoming 2023 Kia Niro EV, which is expected to arrive in dealerships across all 50 states starting...
Tesla to phase out ultrasonic sensors in favor of camera-only driver...
Tesla is straying from industry norms by announcing it will phase out ultrasonic sensors (USS) in its electric vehicles. The announcement is a part...
Ford US auto sales up 16% in Q3 but declined in...
Ford announced that its third-quarter sales increased about 16% compared to the same period last year, even after a September sales decline. The company's...
Ford says goodbye to GT Supercar with 20 limited edition models
Ford says it will end production of its GT supercar, which has a price tag of $500,000, later this year. The company said it...