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GM plans headquarters move from RenCen to new skyscraper in downtown Detroit

For GM, the deal makes the automaker a long-term fixture in the revival of Detroit’s downtown, which billionaire Dan Gilbert has been spearheading by acquiring and developing 45 major office, retail and hospitality properties......»»

Source:  AutonewsCategory: Top4 hr. 0 min. ago Related News

EV and AV manufacturers want more regulatory clarity, reports say

Autonomous and electric vehicle companies struggle with a lack of clear rules from federal and state regulators as they attempt to ramp up U.S. production and deployment, according to two reports released this month......»»

Source:  AutonewsCategory: Top4 hr. 0 min. ago Related News

Ill. appeals court blocks floorplan collection amid fraud allegations

A floorplan lender remains blocked from attempting to collect about $2.8 million from an Illinois dealership and its owners in a dispute involving allegations the bank participated in a fraud scheme by store employees behind the dealers' backs......»»

Source:  AutonewsCategory: Top4 hr. 0 min. ago Related News

Key facts about GM"s Renaissance Center headquarters

General Motors is expected to announce that it plans to move its world headquarters in Detroit's tallest building — the Renaissance Center — to the new Hudson's skyscraper less than a mile way in downtown Detroit. Here's the history......»»

Source:  AutonewsCategory: Top4 hr. 0 min. ago Related News

New IRS e-filing rule for cash transactions in effect for dealers

Dealerships that file 10 or more of certain tax forms — such as W-2s and 1099s — had to do so electronically for the 2023 tax year. They also had to go digital with Form 8300, which retailers use to report large cash purchases......»»

Source:  AutonewsCategory: Top4 hr. 0 min. ago Related News

GM"s 2025 headquarters move in Detroit reflects post-pandemic office space needs

GM has long been reported to be seeking a new location for its headquarters, which has been in Detroit's Renaissance Center since 1996......»»

Source:  AutonewsCategory: Top4 hr. 0 min. ago Related News

Jeep on a mission to reverse U.S. slide under new CEO Antonio Filosa

Antonio Filosa, who succeeded Christian Meunier in November, said he sees Jeep recovering the volume it has lost since 2018 while doubling its global sales to 2 million......»»

Source:  AutonewsCategory: Top6 hr. 28 min. ago Related News

Group 1 to acquire UK retail operations of Inchcape

Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million and is expected to close in the third quarter......»»

Source:  AutonewsCategory: Top7 hr. 28 min. ago Related News

NHTSA probes Cadillac Lyriq EV for brake assist issue

The National Highway Traffic Administration launched an investigation into brake assist failure in 3,322 General Motors' Cadillac Lyriq vehicles......»»

Source:  AutonewsCategory: Top7 hr. 28 min. ago Related News

CarMax plans to shorten window for vehicle returns, refunds

Used-vehicle retailer CarMax announces changes to the length of its Money Back Guarantee that go into effect May 12......»»

Source:  AutonewsCategory: Top7 hr. 28 min. ago Related News

Stellantis clashes with suppliers spill into court, shut down plants

The maker of the Jeep, Chrysler, Dodge and Ram brands has taken a hard line toward parts makers seeking inflationary cost relief, rolling out a “no more claims” policy earlier this year......»»

Source:  AutonewsCategory: Top9 hr. 28 min. ago Related News

Tesla plans to cut more than 10% of global workforce; two execs quit, reports say

Elon Musk's company told managers to identify critical team members, and paused some stock rewards while canceling some employees’ annual reviews......»»

Source:  AutonewsCategory: Top9 hr. 28 min. ago Related News

Group 1 to acquire UK group Inchcape

Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million and is expected to close in the third quarter......»»

Source:  AutonewsCategory: Top9 hr. 28 min. ago Related News

NHTSA probes Cadillac Lyriq for brake assist issue

The National Highway Traffic Administration launched an investigation into brake assist failure in 3,322 General Motors' Cadillac Lyriq vehicles......»»

Source:  AutonewsCategory: Top9 hr. 28 min. ago Related News

Volvo, ZF take steps to overcome bumpy software transitions

Volvo has had to delay 2 models while a top ZF exec says software ‘was not our key strength' in recent years......»»

Source:  AutonewsCategory: Top9 hr. 28 min. ago Related News

GM plans to move HQ from RenCen to new skyscraper in downtown Detroit

For GM, the deal makes the automaker a long-term fixture in the revival of Detroit’s downtown, which billionaire Dan Gilbert has been spearheading by acquiring and developing 45 major office, retail and hospitality properties......»»

Source:  AutonewsCategory: Top9 hr. 28 min. ago Related News

Stellantis clashes with suppliers, spilling into court and shutting down plants

The maker of Jeep, Chrysler, Dodge and Ram brands has taken a hard line toward parts makers seeking inflationary cost relief, rolling out a “no more claims” policy earlier this year......»»

Source:  AutonewsCategory: Top12 hr. 0 min. ago Related News

Tesla plans to cut more than 10% of global workforce, reports say

Elon Musk's company told managers to identify critical team members, and paused some stock rewards while canceling some employees’ annual reviews......»»

Source:  AutonewsCategory: Top12 hr. 0 min. ago Related News

Group 1 to acquire U.K. group Inchcape

Group 1 Automotive has agreed to buy U.K. dealership group Inchcape. The all-cash deal, announced Monday, is for $439 million. The deal is expected to close in the third quarter......»»

Source:  AutonewsCategory: Top12 hr. 0 min. ago Related News

Tesla to lay off more than 10% of its workforce, report says

Elon Musk's company told managers to identify critical team members, and paused some stock rewards while canceling some employees’ annual reviews......»»

Source:  AutonewsCategory: Top14 hr. 28 min. ago Related News