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VinFast founder commits $1 billion as EV maker bleeds cash

Vietnamese billionaire Pham Nhat Vuong pledged to invest at least another $1 billion of his personal wealth into VinFast Auto Ltd., providing the capital needed for expansion of the struggling electric vehicle maker......»»

Source:  AutonewsCategory: Top9 hr. 17 min. ago Related News

New GM North America chief Marissa West has deep ties to automaker

While growing up, General Motors' first female North American president would collect brochures at the Detroit auto show and pretend to run her own dealership......»»

Source:  AutonewsCategory: Top9 hr. 17 min. ago Related News

GM"s Marissa West looks to connect with retailers as she oversees North American operations

While growing up, General Motors' first female North American president would collect brochures at the Detroit auto show and pretend to run her own dealership......»»

Source:  TheglobeandmailCategory: Top12 hr. 17 min. ago Related News

Nissan EVs go bold with diagonal front lighting at Beijing auto show

Nissan has shown a creative and bold front lighting design in a clutch of electrified concept vehicles that were unveiled at the Beijing auto show, which point toward a future design language......»»

Source:  PcmagCategory: Top15 hr. 17 min. ago Related News

VW to launch youth-focused EV brand for China

The ID.UX subbrand is the automaker's bid to recapture market share lost to local rivals such as BYD. VW also showed the ID Code crossover concept ahead of the Beijing auto show......»»

Source:  AutonewsCategory: TopApr 24th, 2024Related News

EV demand is up as Beijing auto show prepares to kick off

Chinese auto brands look to make hay while the sun shines......»»

Source:  AutonewsCategory: TopApr 20th, 2024Related News

Why are groups of university students modifying Cadillac Lyriq EVs?

The competition provides a steady stream of experienced graduates to the auto industry. Enlarge / For the previous EcoCar 3 competition, student teams turned Camaro sportscars into hybrids. For the EcoCar EV challenge, their job.....»»

Source:  ArstechnicaCategory: TopApr 20th, 2024Related News

EV demand in China is up as Beijing auto show prepares to kick off

Chinese auto brands look to make hay while the sun shines......»»

Source:  AutonewsCategory: TopApr 20th, 2024Related News

Gregg Orr Auto to pay $325,000 to settle allegations it fired employee with cancer

Gregg Orr Auto Collection agreed to settle a lawsuit in which the U.S. Equal Employment Opportunity Commission alleged an older employee with cancer was fired because of his high medical bills......»»

Source:  AutonewsCategory: TopApr 19th, 2024Related News

Ally net income plunges 51% in Q1, auto applications set record

Ally's auto business saw a record 3.8 million applications from consumers during the first quarter with 40% of new loan originations in the top credit tier......»»

Source:  AutonewsCategory: TopApr 18th, 2024Related News

Stellantis avoids plant shutdowns by paying auto supplier "under hostage threat"

The automaker paid MacLean-Fogg Component Solutions of Illinois to keep pinions and gears flowing to a pair of plants in Kokomo, Ind......»»

Source:  AutonewsCategory: TopApr 17th, 2024Related News

Level 3 automated driving brings potential benefits, safety concerns

With Level 3 automated technology reaching public roads, auto and safety experts weighed the benefits and ‘persistent challenges' of such systems Tuesday at the SAE WCX conference in Detroit......»»

Source:  AutonewsCategory: TopApr 17th, 2024Related News

Industry can benefit when AI melds with physical world, researcher says

The auto industry can position itself to benefit from the next wave of artificial intelligence advances, said Avinash Balachandran, a senior director at the Toyota Research Institute......»»

Source:  AutonewsCategory: TopApr 17th, 2024Related News

This touchscreen car display is now just $75

Through the end of the day April 14, get this 6.8" Foldable Touchscreen Car Display with Apple CarPlay and Android Auto Support for just $74.97 (reg. $159). TL;DR: Through April 14, upgrade your driving experience with this 6.8-inch foldable to.....»»

Source:  PcmagCategory: TopApr 15th, 2024Related News

Toyota"s building boom: Lexus R&D center, test tracks, a basketball arena and a headquarters tower

Toyota is undergoing a building boom in Japan, investing billions in new facilities that will arm the world's biggest auto manufacturer with new technologies and better facilities to compete in the age of electrification, software defined vehicles an.....»»

Source:  AutonewsCategory: TopApr 14th, 2024Related News

Column: When counting auto sales becomes almost as hard as autonomy

Mercedes-Benz USA is the latest automaker to buck traditional sales reporting, making the nation's retail market even more opaque......»»

Source:  AutonewsCategory: TopApr 13th, 2024Related News

U.S. issues over $580 million in advance EV tax rebates to auto dealers since Jan. 1

The U.S. government has reimbursed auto dealers for more than $580 million in advance point-of-sale consumer electric vehicle tax credit payments since Jan. 1, the Treasury said on Friday.  .....»»

Source:  AutonewsCategory: TopApr 12th, 2024Related News

Chevrolet, Toyota, Infiniti, Nissan and Hyundai dealerships change hands

Two transactions involved auto retailers ranked on Automotive News' list of the top 150 dealership groups based in the U.S......»»

Source:  AutonewsCategory: TopApr 12th, 2024Related News

EPA"s push to eliminate ‘forever chemicals" brings scrutiny to EV components

The EPA is moving to rid waterways of cancerous PFAS chemicals, but the auto industry still relies on some of them for crucial components and materials, including those used in EVs......»»

Source:  AutonewsCategory: TopApr 12th, 2024Related News

Mounting auto industry layoffs underscore rocky EV transition, UAW contracts

The Detroit 3 and their suppliers have implemented thousands of layoffs over the past few months in the wake of entering costly UAW contracts and confronting the reality of underwhelming EV sales.....»»

Source:  AutonewsCategory: TopApr 11th, 2024Related News