Audi, Nissan, Ford and Stellantis dealerships acquired in Q2 and Q3 transactions
Three dealership groups expanded, while a new group bought a pair of dealerships, in acquisitions that closed in the second and third quarters involving stores in Missouri, Arkansas, Texas and Vermont......»»
As Fiat stalls as part of Stellantis, Italy"s Turin struggles to stave off decline
Turin's Mirafiori plant — once the symbol of Fiat's might, employing about 60,000 — has shriveled to a shadow of its former self under Stellantis ownership......»»
Nissan launches charging network, gives Ariya access to Tesla SuperChargers
Nissan's new charging network gives its EVs access to 90,000 charging stations. Ariya and 2025 EVs will also access Tesla's SuperCharger network......»»
Stellantis lays off 1,100 at Michigan plant, will close Arizona proving grounds
Stellantis warned in August that as many as 2,450 workers at the Warren Truck plant would be laid off, but the actual number is less than half as many......»»
Top 5 stories of the week: Stellantis walks back work-from-home push; GM eyes virtual vehicle development
A quick look at the top automotive stories of the week as determined by reader interest......»»
Nemak"s Q3"s net income takes a tumble
The automotive supplier faces challenges with labor costs and product pricing, along with restructuring efforts amid the transition to electric vehicles from internal combustion engines......»»
Schools for the blind can have positive psychological transformative effects on people with visual impairment
Researchers at University of Tsukuba have discovered that for individuals with acquired visual impairments, "segregated placements," such as schools for the blind, play a significant role in fostering positive psychological transformation after the o.....»»
Netflix Shares Surge 10% After Q3 Earnings Beat Expectations, Subscriber Growth Continues
Netflix Shares Surge 10% After Q3 Earnings Beat Expectations, Subscriber Growth Continues.....»»
Stellantis dealers regain optimism after executive shake-up
Stellantis' dealer council met with new North America COO Antonio Filosa this week after criticizing the company's leadership over stagnant sales and bloated inventory......»»
Autoliv"s Q3 profits meet expectations as supplier outperforms global market
The safety equipment supplier's third-quarter sales decreased 0.8 percent in an overall market where global light vehicle production was down 4.8 percent......»»
Ally Q3 earnings: net income up 20% despite weak auto finance quarter
Ally Financial's net income rose by more than 20 percent during the third quarter, supported in part by the tax credits it captured from a new emphasis on writing car leases. But Ally's Q3 2024 earnings were hindered by a more than 50 percent decline.....»»
Ford paying dealers to take F-150 Lightnings from new EV distribution centers
Dealers can make $22,500 by ordering 15 F-150 Lightnings from regional EV distribution centers designed to reduce carrying costs and give customers quicker access to more inventory......»»
Nissan to finally enter hybrid age with plug-in Rogue in 2025
The Rogue PHEV arrives late next year as part of Nissan's ambitious plan to deliver 34 electrified models globally by early 2031......»»
Ford’s former chief designer Anthony Lo joins BAIC
BAIC Group appointed Anthony Lo, Ford Motor Co.’s former global design head, as its chief design officer and vice president of global design......»»
TSMC bullish on outlook as AI boom blows Q3 profit past forecasts
TSMC bullish on outlook as AI boom blows Q3 profit past forecasts.....»»
Overheard: Be transparent, build trust and sales will follow
A service adviser doesn't have to be a pushy salesperson to sell needed repairs or maintenance to a customer, said Darryl Terrell, service and parts director at Matt Bowers Ford in Metairie, La., on "The Multi-Point Inspection Podcast.".....»»
iPhone had best ever Q3 for Apple, nearly topped Samsung globally per report
Apple will report its official quarterly earnings on October 31, but a new report indicates the company will have a lot to celebrate with its iPhone Q3 sales. Per research firm Canalys, iPhone shipments just had their best Q3 ever, and very nearly be.....»»
Nissan future-proofs Murano with redesign paving way for electrification
The midsize crossover rides on a revised version of Nissan's D platform and can support hybrid or PHEV variants......»»
Detroit 3 suppliers face dilemmas on rapidly growing China EV business
As Ford, General Motors, Stellantis and other traditional automakers lose ground in China, their suppliers are scrambling to fill the void and preserve positions in what is now the world’s largest auto market. .....»»
Stellantis expanding Mexico operations to make more Ram pickups, report says
Stellantis has been building additional factory space next to its existing plant in Saltillo, Mexico, the report said, citing people familiar with the matter......»»
Daily 5 report for Oct. 15: Stellantis-backed startup invests $1 billion in Nevada battery plant
Lyten chose Reno because of its battery ecosystem and its dry climate......»»