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Sonic cuts EchoPark footprint amid used-vehicle struggles

In a significant change of fortune for EchoPark, Sonic Automotive Inc. has indefinitely suspended operations at eight used-only locations and will take a second-quarter impairment charge......»»

Category: topSource:  autonewsJun 26th, 2023

Toss-up election leads some companies to delay investment decisions until after November

Some companies in the electric vehicle supply chain are waiting to see the results of the Nov. 5 presidential and congressional elections before making final decisions on investment plans......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

New-vehicle inventory continues pullback to 2.78 million, Cox says

New-vehicle inventory levels pulled back in September to 2.78 million, down from 2.91 million the previous month, according to Cox Automotive......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Chery begins producing cars in Russian plants vacated by Western rivals

Chery's car sales in Russia are growing fast, data shows, and Chinese brands account for over half of Russia's new-vehicle deliveries......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Next-gen Chevrolet Bolt EV to be part of vehicle ‘family," GM says

GM President Mark Reuss said the Bolt will return for the 2026 model year with updated technology and faster charging than the original......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Mazda hits hybrid high gear as CEO Masahiro Moro teases new electrified technologies

CEO Masahiro Moro says Mazda is developing a new full-hybrid drivetrain in-house as the company launches hybrid versions of its CX-80 crossover, the fourth product riding on the Japanese carmaker's large-vehicle platform......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Stellantis in talks with Michigan"s governor to keep N.A. headquarters in suburban Detroit

Michigan Gov. Gretchen Whitmer said she has spoken “frequently” with Stellantis CEO Carlos Tavares as the company reassesses its footprint, and retaining its headquarters in Michigan is a “top priority” for her administration......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Nissan joins ChargeScape, a way for EV owners to sell watts back to the grid

Nissan is joining ChargeScape, a vehicle-to-grid (V2G) venture backed by BMW, Ford, and Honda. The launch comes ahead of Tesla's expected V2G adoption in 2025......»»

Category: topSource:  digitaltrendsRelated NewsOct 9th, 2024

GM ditches failed Ultium battery branding as its EV sales soar

GM says it's time to embrace new cell formats and chemistries. General Motors is shaking up its electric vehicle strategy once again. Despite bumper EV sales in 2024, the US autom.....»»

Category: topSource:  arstechnicaRelated NewsOct 9th, 2024

North America can seize EV leadership from China, GM battery chief says

The U.S. can seize global leadership on electric vehicle batteries as the customer base for EVs grows, said Kurt Kelty, General Motors' vice president of batteries......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Tesla to unveil robotaxi after years of Elon Musk"s unfulfilled promises

Tesla's "Cybercab" would serve a key role in a future, company-run ride-share service. The EV maker could also show a low-cost vehicle for the masses and a self-driving van, analysts said......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

General Motors is ditching Ultium branding for its EV batteries

GM says it's time to embrace new cell formats and chemistries. General Motors is shaking up its electric vehicle strategy once again. Despite bumper EV sales in 2024, the US autom.....»»

Category: topSource:  arstechnicaRelated NewsOct 9th, 2024

Tesla to unveil robotaxi after years of CEO Elon Musk"s unfulfilled promises

Tesla's "Cybercab" would serve a key role in a future, company-run ride-share service. The EV maker could also show a low-cost vehicle for the masses and a self-driving van, analysts said......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Amazon Prime Big Deal Days 55-inch TV Deals 2024: Save on the best TV brands around

Looking for great 55-inch TV deals? We've got them all here with some substantial price cuts around on the most popular brands......»»

Category: topSource:  digitaltrendsRelated NewsOct 8th, 2024

New-car prices will continue to normalize in 2025

Normalization of supply chains and inventory levels has put pressure on vehicle prices......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

SEGA’s Upcoming Sonic Mobile Game won’t Come with Gacha Mechanics

Sonic Rumble is set to launch later this year. The post SEGA’s Upcoming Sonic Mobile Game won’t Come with Gacha Mechanics appeared first on Phandroid. As much as they are the norm in mobile gaming today, microtransactions are o.....»»

Category: asiaSource:  phandroidRelated NewsOct 8th, 2024

Cutting emissions the smart way: How an intensity-based approach drives real change

Investors' consideration of a firm's environmental performance, along with concerns about future impacts on profit, have led many firms to start trying to reduce their carbon footprint. But such environmental pressure—if not calibrated correctly—.....»»

Category: topSource:  physorgRelated NewsOct 7th, 2024

Georgia Mercedes dealership sues commercial vehicle customizer for nearly $5 million

A Georgia dealership sued a South Carolina company for nearly $5 million for failing to pay for 83 Mercedes-Benz vehicles it bought in 2023, according to a federal court suit......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Lucid Q3 sales rise 91% to record 2,781 on generous incentives for Air sedan

Lucid Q3 production increased a modest 16% as the automaker cleared out vehicle inventory. The EV startup's stock price rose about 2% higher in midday trading......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Smaller crossovers, pickups outpace U.S. market in Q3 as affordability challenges remain

Light-vehicle sales slid 2.4 percent in the third quarter, according to preliminary data from the Automotive News Research & Data Center......»»

Category: topSource:  autonewsRelated NewsOct 5th, 2024

Hands-on with midnight AirPods Max with USB-C

Say what you will about AirPods Max falling behind AirPods Pro 2 and AirPods 4 in terms of software features, but the sonic performance of Apple’s wireless over-ear headphones remains unmatched. As much as I adore AirPods Pro 2 for their peak earbu.....»»

Category: topSource:  pcmagRelated NewsOct 5th, 2024