Lordstown Motors flags cash crisis with ‘going concern’ warning
The startup said in a filing that its current cash levels are not sufficient for commercial production......»»
Ford-backed Solid Power said in talks with Decarbonization SPAC
The solid-state battery startup also counts BMW among its investors......»»
70 years of automotive design from the front row
Robert Cumberford continues to remain by default the English-speaking world’s dean of automotive design criticism. His career spanned decades, yet his authority on the subject remains undimmed......»»
Lithia adds 2 dealerships in L.A.
Lithia Motors, which says it is ahead of its dealership acquisition plans, bought its first BMW store in Southern California......»»
GM to build some pickups, SUVs without start-stop feature
GM plans to build some 2021 full-size pickups and SUVs without the fuel-saving feature because of the global microchip shortage......»»
Renault charged with diesel deception by French investigators
The charges spring from a judicial investigation opened in early 2017, days after VW settled criminal and civil complaints with the U.S......»»
Reynolds and Reynolds acquires digital retailing provider Gubagoo
Reynolds says the deal furthers its Retail Anywhere strategy. Gubagoo's products include live chat tools for dealership websites and a virtual retailing platform......»»
Biden administration sets up "strike force" to go after China on trade
Though not explicitly directed at China, the review is part of a broader Biden administration strategy to shore up U.S. competitiveness in the face of economic challenges posed by the world's second-largest economy......»»
Tesla China deliveries surge 29% in May after April slump
The EV maker handed over 33,463 locally made vehicles last month, compared with 25,845 in April......»»
Newer Toyota, Lexus vehicles to get Parkopedia service
The Park with Parkopedia service will cover locating, reserving and paying for off-street parking in 2018 model-year or newer Toyota and Lexus vehicles......»»
Lamborghini bidder Quantum makes innovation pitch to VW
The newly-established investor said its proposed acquisition of the Italian sports-car brand "would clearly be a key strategic benefit to the wider Volkswagen Group.".....»»
Volvo"s oldest, most productive car plant now climate neutral
Volvo's Torslanda factory, near Gothenburg, is the Swedish automaker's first vehicle assembly plant to achieve climate neutrality......»»
BMW names new bosses for U.S., German and UK plants
The automaker is reorganizing leadership at key production sites......»»
Brockman"s $15 million fishing lodge faces seizure in tax fraud case
Prosecutors claim that assets tied to debt fraud charges are subject to forfeiture, including a fishing lodge the former Reynolds and Reynolds CEO developed on the Frying Pan River in Colorado......»»
Ford boosts electrification spending, expects 40% of global sales to be EVs by 2030
Ford is also doubling down on its commercial business, expecting to nearly double the $27 billion in revenue earned in 2019......»»
2022 Taos gives VW a Jeep Compass fighter
The German brand's new entry-level compact crossover, the 2022 VW Taos, is intended to give VW dealers an affordable entry in the growing segment......»»
German police investigate possible arson at Tesla site
Far-left activists claimed responsibility for the fire early Wednesday that damaged several power cables leading to the construction site......»»
GM, Lockheed Martin to develop lunar vehicle for moon missions
NASA wants any new rovers to extend the range astronauts have to conduct scientific experiments on the moon......»»
Ford to offer EV versions of Explorer, Aviator, ‘rugged SUVs"
New rwd/awd architecture for EVs will enable a "range of emotive vehicles" between now and 2030, Ford's Hau Thai-Tang said.....»»
BMW, VW to face lowered EU fines over emissions collusion, report says
The European Commission, which charged the automakers in 2019 with colluding to block the rollout of clean emissions technology, is likely to issue fines before the summer break......»»