Lithia Motors outsells AutoNation in Q1
The nation's No. 2 retailer based on new-vehicle sales volume outsold fellow giant AutoNation in the first quarter of 2022......»»
GM Oshawa getting $280M upgrade to build next-gen heavy-duty ICE trucks
General Motors will spend $280 million to retool its Oshawa Assembly Plant northeast of Toronto so it can build the next generation of internal combustion engine (ICE) full-size trucks......»»
GM battery materials investment in Quebec to top $1 billion
General Motors and South Korea's Posco Future M said they will invest more to expand the production capacity at their chemical battery materials facility in Canada, taking their estimated total investment in the plant to over US$1 billion......»»
Stellantis promotes design execs Galante, Nagode after 2 departures
Jeep head designer Mark Allen is retiring and North American interior design lead Chris Benjamin left for VW's Scout Motors brand......»»
Troubled EV startup Faraday Future prices FF 91 crossover at $309,000
The California startup said its first production vehicles will have three electric motors, 1,050 hp and 381 miles of estimated EPA range......»»
GM, Stellantis give $15 million lifeline to insolvent supplier
General Motors, Stellantis and Yanfeng Automotive Interior Systems agreed to bail out the insolvent supplier with price increases and investment of up to $15 million to tide over the company until it sells itself and restructures......»»
Stellantis designer Chris Benjamin joins Scout Motors
Veteran Stellantis designer Chris Benjamin joins Volkswagen Group's Scout Motors to lead design for the EV-focused brand that will specialize in utility vehicles and trucks......»»
Canadian government to invest in GM-POSCO cathode material project in Quebec
The Canadian government announced on May 29 that it will offer funding support of CAD300 million (US$221 million) for a cathode active materials (CAM) facility constructed by the joint venture between General Motors and South Korea-based POSCO Future.....»»
Chevy Bolt Retires to Make Way for Equinox EV
General Motors has announced plans to end production on the Chevrolet Bolt EV and Bolt EUV by the end of 2023. This move comes as the automaker shifts its focus to new Ultium electric vehicles like the Chevrolet Equinox EV — but it’s also happeni.....»»
Automotive talent war escalates in South Carolina
Volkswagen's planned 4,000-employee Scout Motors factory in Blythewood, S.C., could put the work force squeeze on BMW's nearby crossover plant......»»
The gas-guzzling Cadillac Escalade is going all-electric with the IQ
General Motors is taking one more step towards electrifying Cadillac's lineup, with the announcement of an all-electric Escalade......»»
Ford secures multiple lithium deals to make 2 million EVs by 2026
Ford Motors announced several agreements with lithium companies on May 22, a step forward to support its EV ambitions. The carmaker also aims to achieve a margin of 8% of earnings before interest and taxes (EBIT) for its EV business segment by late 2.....»»
GM finally enters electric pickup battle with $40,000 Silverado
General Motors Co. is finally pushing into the heart of the electric pickup market with its Chevrolet Silverado work truck starting production this month......»»
3 AutoNation USA stores open so far this year
The nation's second-largest auto retailer based on new-vehicle sales hopes to have more than 130 used-vehicle-only AutoNation USA stores by the end of 2026......»»
Police: Former AutoNation staffer took more than $100K from customers, never delivered vehicles
AutoNation Honda Miami Lakes general manager Armando Ibanez said the Florida dealership has been investigating customer complaints related to former finance manager Carlos Ravelo as well, according to police......»»
Thomas Szlosek named AutoNation CFO; Joe Lower takes another role
This is the second major executive change announced this month at the nation's second largest auto retailer......»»
Why Tesla can get by without CarPlay but other car makers can"t
General Motors plans to ditch CarPlay and do its own new infotainment, but if the company thinks it can do what Tesla does, it's wildly mistaken.GM predicts it can use its own infotainment software to build a subscription revenue business worth $20 t.....»»
Automakers look to India"s rising EV market
Automakers are witnessing a high growth potential in India's EV market. Local EV giant Tata Motors may face rising competition from global automakers looking to expand in India's EV market......»»
Exploding airbag inflators strike again—1 million GM SUVs are recalled
NHTSA says airbag inflators might be defective, but the supplier disagrees. Enlarge (credit: Getty Images) There's another massive airbag safety scandal brewing. Last week, General Motors issued a recall for almost a mil.....»»
Foreign carmakers slow in electrification would see high unused capacity in China
Major automakers based outside China, such as General Motors and Volkswagen, will likely lose market share in the world's largest car market with slower pace of electrification, according to Greenpeace. The situation is also projected to idle at leas.....»»
Apple’s former head of iCloud will be in charge of making GM EV software without CarPlay
Here’s a twist in the ongoing story of GM and CarPlay. General Motors has hired Mike Abbott to run its software team, the company announced today. That’s the same Mike Abbott who just left Apple after spending five years in charge of iCloud soft.....»»