Tag: OEM news
Analysts upgrade Tesla’s stock to ‘buy’ on the heels of revamped...
Industry analysts say now is the time to invest in Tesla, as the company is expected to reap the benefits of the Inflation Reduction...
Ford’s new car sales fall 4% from month prior, but increase...
Ford released U.S. sales numbers for the month of August that place the company as America’s best-selling brand for two months in a row....
Honda US sales slide 38% in August, supply of vehicles remains...
American Honda reported that US sales dropped by 38% year-over-year in the month of August, as the company continued to struggle with supply shortages...
Toyota’s volume dropped 9.8% last month due to ongoing supply roadblocks
Toyota Motor Corporation released its August sales numbers on Friday, showing that the company is still struggling to reach sales expectations due to low...
Vehicle recalls affect thousands of GM, Ford, Hyundai, and Toyota models
The US National Highway and Traffic Safety Administration released recalls for the week of August 25 through the first day of September, and both...
General Motors will offer buyouts to Buick dealers that don’t want...
General Motors revealed on Friday that it is offering buyouts to US Buick dealers who don't want to engage in the brand's shift to...
S. Korean automakers Hyundai and Kia US sales bounce back in...
Hyundai and Kia announced double-digit increases in US auto sales for August compared to the same month last year. The Korean brands have seen...
General Motors startup Cruise recalls self-driving software following June crash
General Motors has announced a recall of 80 self-driving vehicles under its startup, Cruise LLC. The company said the recalled vehicles underwent a software...
GM, LG Energy begin production of battery cells at Ohio plant
General Motors and LG Energy Solutions announced that their joint venture, Ultium Cells LLC, had started production at its new battery cell plant in...
How Ford is growing minority representation within its dealer network —...
Ford Motor Company is taking significant strides to meet its 2020 goal of adding 100 minority dealers within five years. Today on Inside Automotive,...