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Ford says it will consider Spain to build new utility vehicle

Politicians and unions welcomed the potential addition of a new model at the Valencia factory, which employs 4,800 people......»»

Category: topSource:  autonewsMar 28th, 2024

Service customer arrested at gunpoint after dealership lost paperwork, suit says

A Kia dealership in California is being sued for reporting a vehicle as stolen after it misplaced the agreement loaning it to a customer who was having repair work done......»»

Category: topSource:  autonewsRelated News19 hr. 20 min. ago

Top 5 stories of the week: GM, Ford and Tesla earnings; lowest-cost EVs

A quick look at the week's top automotive stories.....»»

Category: topSource:  autonewsRelated News19 hr. 20 min. ago

Quality woes hurt Ford earnings as GM outlook improves

Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue......»»

Category: topSource:  autonewsRelated NewsApr 26th, 2024

Service customer arrested at gunpoint after dealership lost paperwork

A Kia dealership in California is being sued for reporting a vehicle as stolen after it misplaced the agreement loaning it to a customer who was having repair work done......»»

Category: topSource:  autonewsRelated NewsApr 26th, 2024

Don Petersen, CEO who steered Ford to success in late 1980s, dies at 97

A mechanical engineer with a zeal for quality, Petersen led the company during some of its most prosperous years and was only the second person outside the founding Ford family to lead the automaker, after his predecessor, Philip Caldwell......»»

Category: topSource:  autonewsRelated NewsApr 25th, 2024

Hyte made me fall in love with my gaming PC all over again

Hyte's impressive Nexus Link ecosystem will force you to think differently about how you plan and build your gaming PC......»»

Category: topSource:  digitaltrendsRelated NewsApr 25th, 2024

The best laptop brands for 2024

The best laptops offer high performance, great looks, and solid build quality. When searching, it's smart to start with top brands. These are the best options......»»

Category: topSource:  digitaltrendsRelated NewsApr 25th, 2024

Hornet"s torque powers ads

Dodge sold about 17,000 Hornets in the crossover's first year on sale in the U.S. and it working to build more buzz with an ad campaign that started this month......»»

Category: topSource:  autonewsRelated NewsApr 25th, 2024

Toyota will spend $1.4 billion to build electric 3-row SUV in Indiana

This is a different new 3-row EV from the one Toyota will build in Kentucky. Enlarge / This Toyota factory in Indiana is getting a $1.4 billion investment so it can assemble a new three-row electric SUV for the automaker. (credit.....»»

Category: topSource:  arstechnicaRelated NewsApr 25th, 2024

Honda unveils $11B investment for EV assembly, battery output in Canada

The company’s leadership was joined by a wide range of government officials, including Canadian Prime Minister Justin Trudeau and Ontario Premier Doug Ford, for the announcement......»»

Category: topSource:  autonewsRelated NewsApr 25th, 2024

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......»»

Category: topSource:  autonewsRelated NewsApr 25th, 2024

Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record

Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»

Category: topSource:  autonewsRelated NewsApr 25th, 2024

Honda spending $11B on EV assembly, battery output in Canada, reports say

The company’s leadership will be joined by a wide range of government officials, including Canadian Prime Minister Justin Trudeau and Ontario Premier Doug Ford, for the announcement......»»

Category: topSource:  theglobeandmailRelated NewsApr 25th, 2024

Lithia Q1 net income down 28% as "normalization" returns to profit per vehicle

Lithia Motors said it sold 188,119 new and used vehicles, with gross profit per vehicle dropping 22% to $4,346 in the first quarter......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Group 1 net income falls nearly 7% in Q1 as company ramps up acquisitions

Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

U.S. EV battery upstart, Hyundai-Kia close in on lithium metal battery commercialization

SES AI, a U.S. maker of electric vehicle batteries, aims to bring its next-gen lithium metal batteries to market as early as 2026 and is turbocharging the drive through a new agreement to jointly build and test the technology with South Korea's Hyund.....»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Ford Q1 net income falls 24% to $1.3 billion; revenue rises despite lower production

Ford cited a strong performance from its commercial vehicle unit, which earned $3 billion before interest and taxes, as the reason revenue increased while shipments declined.....»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Group 1 net income falls nearly 7% in Q1 as it ramps up acquisitions

Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Group 1 net income falls nearly 7 percent in Q1

Group 1's net income fell, while revenue and new- and used-vehicle sales grew......»»

Category: topSource:  autonewsRelated NewsApr 24th, 2024

Binarly releases Transparency Platform v2.0 to improve software supply chain security

Binarly releases the Binarly Transparency Platform v2.0 with features for continuous post-build compliance, visibility into the security posture of IoT and XIoT devices, and the ability to identify malicious behavior and hidden backdoors within binar.....»»

Category: securitySource:  netsecurityRelated NewsApr 24th, 2024