Tag: OEMS

Volkswagen announced a strong sales forecast for 2023, anticipating revenue between 307 billion euros ($326 billion) and 331 billion euros ($352 billion). The news comes...

Ford Motor Co. announced that a factory closure stemming from a battery-related fire would last until March 13, over a month after production was...

In separate monthly reports, automakers Hyundai and Kia posted record-breaking sales numbers for February, reaching a combined total of 117,903 units. Hyundai sold 57,044 units...

General Motors is unexpectedly terminating 500 staff members after concluding a round of performance evaluations. These terminations seemingly conflict with recent statements made by the...

Stellantis has announced $150 million in investments towards facilities in Indiana, with the goal of securing future electric drive module (EDM) production. Used in most...

U.S. Treasury Secretary Yellen said that free trade agreements may give overseas automakers a way to earn electric vehicle tax credits without an act...

Upcoming Toyota CEO Koji Sato is reportedly considering refitting one of its U.S. facilities to manufacture EVs, as he prepares to accelerate the automaker's...

Although the 2023 car business is off to a strong start, dealers are anxious to avoid a false sense of security, and want to...

Ford's F-150 Lightning factory in Dearborn, Michigan has been shut down since last week due to a fire caused by a battery issue. The facility,...

Earlier this year, Tesla made some unexpected price cuts across its lineup, leading to a range of reactions in the car market. While some...