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Peugeot U.S. chief Dominique tapped to lead Alfa N.A.

Larry Dominique has been guiding Peugeot's planned return to the U.S. for four years. It's unclear what his new appointment means for that effort......»»

Source:  AutonewsCategory: Top3 hr. 44 min. ago Related News

Wall Street plowed billions into EV stocks before slump

Investors have been jumping into EV stocks following the election of President Joe Biden, who they expect will unleash a slew of clean-energy policies......»»

Source:  AutonewsCategory: Top5 hr. 12 min. ago Related News

Hertz lenders push alternate plan for bankruptcy exit, report says

Unsecured lenders want to convert their holdings into shares of the reorganized company, which could be traded publicly, Bloomberg reported. That would counter a plan to sell the car rental giant to two investment funds for as much as $4.2 billion......»»

Source:  AutonewsCategory: Top5 hr. 12 min. ago Related News

Peugeot U.S. chief Dominique tapped to lead Alfa NA

Larry Dominique has been guiding Peugeot's planned return to the U.S. for four years. It's unclear what his new appointment means for that effort......»»

Source:  AutonewsCategory: Top5 hr. 12 min. ago Related News

Stellantis will increase pace of EV launches in Europe, U.S.

Stellantis, whose brands include Opel, Jeep, Ram and Maserati, plans to have full-electric or hybrid versions of all of its vehicles in Europe, as well as its light-duty vehicles in the U.S., by 2025......»»

Source:  AutonewsCategory: Top6 hr. 12 min. ago Related News

Porsche adds Taycan electric wagon, stepping up Tesla challenge

The Taycan Cross Turismo offers more cargo space and headroom than the Taycan electric sedan. The quickest variant accelerates from 0-62 mph in 2.9 seconds.  .....»»

Source:  AutonewsCategory: Top6 hr. 12 min. ago Related News

Stellantis to distribute its stake in Faurecia to shareholders

Company shareholders will decide on the distribution of the 39 percent stake and the $368 million raised from a previous equity sale in the supplier......»»

Source:  AutonewsCategory: Top6 hr. 12 min. ago Related News

VW brand will accelerate electric vehicle shift

Full-electric vehicles are expected to account for more than 70 percent of the brand's European sales by 2030, VW said as it unveiled its 'Accelerate' strategy......»»

Source:  AutonewsCategory: Top6 hr. 12 min. ago Related News

ITC criticizes Ford for pursuing SK Innovation battery deals

In a redacted version of its full 96-page opinion, the ITC questioned why the second largest U.S. automaker had continued to pursue battery contracts with SK Innovation "after SK's misconduct in this investigation had come to light.".....»»

Source:  AutonewsCategory: Top6 hr. 12 min. ago Related News

Haas retiring as CEO of Mahindra North America at end of March

Viren Popli will take over as interim CEO of Mahindra Automotive North America......»»

Source:  AutonewsCategory: Top21 hr. 12 min. ago Related News

Jeep Wagoneer, Grand Wagoneer to get Amazon Fire TV for Auto

The utility vehicles, tasked with pushing Jeep upstream, will be technological showcases for the adventure brand and function as rolling entrainment hubs with the inclusion of Fire TV for Auto......»»

Source:  AutonewsCategory: TopMar 4th, 2021Related News

Foam shortage looms over seating suppliers, auto production

Automaker purchasing teams are scrambling after the Texas winter storm. that shut refineries pinched supply of needed byproducts......»»

Source:  AutonewsCategory: TopMar 4th, 2021Related News

GM to launch EV digital retail tool powered by Tekion

The platform is designed to facilitate dealers' EV sales as the 2022 Chevy Bolt EV and the larger Bolt EUV hit dealers' showrooms this summer......»»

Source:  AutonewsCategory: TopMar 4th, 2021Related News

Hyundai profit hit after Kona EV recall, but LG Chem seen bearing bulk of costs

Hyundai has revised quarterly earnings despite reports that LG Chem will pay most of the estimated $900 million in costs for the recall......»»

Source:  AutonewsCategory: TopMar 4th, 2021Related News

Stellantis battery JV seeks contracts with other automakers

The automaker's European joint venture with energy giant Total says it will be able to supply batteries for 1 million EVs by 2030......»»

Source:  AutonewsCategory: TopMar 4th, 2021Related News

Honda to sell limited batch of Level 3 self-driving cars

Honda's plan to sell 100 Legend sedans fitted with the technology would be a step toward the automaker's goal of being the first company to mass-produce a Level 3 car......»»

Source:  AutonewsCategory: TopMar 4th, 2021Related News

GM mulling second U.S. battery plant, eyes Tenn., report says

GM is looking to build a second battery factory in the U.S. with South Korean joint venture partner LG Chem, The Wall Street Journal reported......»»

Source:  AutonewsCategory: TopMar 4th, 2021Related News

FedEx plans all-electric fleet by 2040

The move is part of an effort to become carbon neutral that same year, with the company planning to plow $2 billion into the global effort......»»

Source:  AutonewsCategory: TopMar 4th, 2021Related News

Vroom"s Q4 net loss widens on expenses amid record online sales

The online used-vehicle retailer also said it acquired CarStory, a Texas automotive retail analytics and digital services company, in January......»»

Source:  AutonewsCategory: TopMar 4th, 2021Related News

Brockman tax probe linked to employee lawsuit from 20 years ago, report says

Bob Brockman's brother, Dave Brockman, told The Wall Street Journal that his brother "went out to make something of himself" after growing up in Florida and that the two have not been in close contact for years......»»

Source:  AutonewsCategory: TopMar 4th, 2021Related News