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Honda to trim U.S. dealer profit margins

The company is also making some reductions and changes in marketing, advertising and service payments as it adjusts spending for the shift to electric vehicles......»»

Category: topSource:  autonewsMar 22nd, 2024

GM posts higher Q1 profit, ups 2024 financial guidance

GM said it raised its full-year earnings guidance and set a first-quarter record for North American revenue......»»

Category: topSource:  autonewsRelated NewsApr 23rd, 2024

Here are the 5 least expensive EVs in the first quarter

Each of the five least expensive EVs is less than $41,000 with automaker and dealer incentives, according to Cox Automotive data......»»

Category: topSource:  autonewsRelated NewsApr 23rd, 2024

Stellantis lays off 199 at Ram 1500 plant in suburban Detroit

The layoffs in Sterling Heights, Mich., took effect Monday as the automaker continues to trim its head count......»»

Category: topSource:  autonewsRelated NewsApr 22nd, 2024

Home Assistant has a new foundation and a goal to become a consumer brand

Can a non-profit foundation get Home Assistant to the point of Home Depot boxes? Enlarge (credit: Open Home Foundation) Home Assistant, until recently, has been a wide-ranging and hard-to-define project. The open smart h.....»»

Category: topSource:  arstechnicaRelated NewsApr 22nd, 2024

Home Assistant’s new foundation focused on “privacy, choice, and sustainability”

Can a non-profit foundation get Home Assistant to the point of Home Depot boxes? Enlarge (credit: Open Home Foundation) Home Assistant, until recently, has been a wide-ranging and hard-to-define project. The open smart h.....»»

Category: topSource:  arstechnicaRelated NewsApr 22nd, 2024

7 cool things about the Honda Prologue

Honda designers and engineers worked hard to make the brand's first new-era EV stand out in a sea of sameness without losing its distinctly Honda appeal......»»

Category: topSource:  autonewsRelated NewsApr 22nd, 2024

Honda nears deal with Canada to boost EV capacity in Ontario, report says

Canada is on the verge of an agreement with Honda Motor Co. that would see the automaker build EVs and their components in Ontario, according to people familiar with the matter......»»

Category: topSource:  autonewsRelated NewsApr 22nd, 2024

Dealers raise concerns about how Scout, Sony Honda Mobility will sell vehicles

Dealers, associations and NADA have been sending inquiries to Scout Motors and Sony Honda Mobility on how the brands plan to sell vehicles......»»

Category: topSource:  autonewsRelated NewsApr 21st, 2024

Dealer association ad voices concerns about how Scout, Sony Honda Mobility will sell vehicles

Dealers, associations and NADA have been sending inquiries to Scout Motors and Sony Honda Mobility on how the brands plan to sell vehicles but to no avail......»»

Category: topSource:  autonewsRelated NewsApr 20th, 2024

Nissan cuts profit and sales outlook on sliding volume, overly optimistic plans

Nissan issues a profit warning, cutting profit and sales forecasts, as volume misses expectations and the automaker compensates suppliers for its over-optimistic plans.....»»

Category: topSource:  autonewsRelated NewsApr 19th, 2024

Struggling Nissan cuts profit and sales outlook on sliding volume, over-optimistic plans

Nissan issues a profit warning, cutting profit and sales forecasts, as volume misses expectations and the automaker compensates suppliers for its over-optimistic plans.....»»

Category: topSource:  autonewsRelated NewsApr 19th, 2024

Feds expand investigation into Honda’s automatic emergency braking system

3 million Honda Accords and CR-Vs are fitted with Collision Mitigation Braking System. Enlarge / Honda's forward collision warning system has always been sensitive. Now the NHTSA is investigating some Hondas for false-positive au.....»»

Category: topSource:  arstechnicaRelated NewsApr 17th, 2024

NHTSA upgrades probe into braking issues in 3 million Honda vehicles; 50 injuries reported

NHTSA said it has received 1,294 reported complaints alleging inadvertent activation resulting in “sudden vehicle deceleration.” There were 50 reported injuries and 31 crashes, NHTSA said......»»

Category: topSource:  autonewsRelated NewsApr 17th, 2024

NHTSA opens probe into braking issues in 3 million Honda vehicles

NHTSA said on Wednesday it had opened an engineering analysis to investigate reports of unexpected activation of automatic emergency braking systems on around 3 million American Honda Motor vehicles......»»

Category: topSource:  autonewsRelated NewsApr 17th, 2024

Honda"s first in-house EV starts production in 2025

Honda is retooling three existing plants in Ohio to produce EVs and EV components and is building a joint-venture battery factory with LG Energy Solution......»»

Category: topSource:  autonewsRelated NewsApr 16th, 2024

Fisker"s few dealers remain upbeat about the struggling EV brand

Phil Harrison, dealer principal of Fisker Indianapolis, said one client traveled from Colorado to pick up his Ocean crossover. ‘The feedback from Ocean customers has been overwhelmingly positive,' he said......»»

Category: topSource:  autonewsRelated NewsApr 12th, 2024

U.S. says Ford was using driver assistance during fatal Texas crash

U.S. safety investigators said on Thursday a Ford Mustang Mach-E was using an advanced driver assistance system when it struck the rear of a stationary Honda CR-V on Interstate Highway 10 in San Antonio, Texas in a Feb. 24 crash......»»

Category: topSource:  autonewsRelated NewsApr 11th, 2024

Dealer group employee killed in shooting at Kia store in South Carolina

A pregnant woman also was killed in a crash after the shooting as police looked for the suspect......»»

Category: topSource:  autonewsRelated NewsApr 11th, 2024

Stellantis consolidates 9 U.S. business centers to 6, lays off 30, in bid to boost dealer support

The automaker said the move will strengthen its dealer support as it begins launching electric vehicles in the U.S. this year......»»

Category: topSource:  autonewsRelated NewsApr 10th, 2024

Buyer of $717K Ford GT files lawsuit saying previous damage not disclosed

A Florida dealer in collectible vehicles and a buyer have accused a Canadian dealership of failing to disclose the 2006 Ford GT Heritage Edition purchased for $716,800 had been seriously damaged in a crash and restored......»»

Category: topSource:  autonewsRelated NewsApr 10th, 2024