Advertisements


Kia, Hyundai anti-theft software fixes a work in progress

Kia and Hyundai have notified dealers that there are problems with a software fix that's being offered as a way to prevent vehicles from being hot-wired......»»

Source:  AutonewsCategory: Top4 hr. 53 min. ago Related News

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......»»

Source:  AutonewsCategory: Top4 hr. 53 min. ago Related News

Elon Musk political shift seeks new Tesla buyers, analyst says

Musk's embrace of conservative Republican presidential candidate Ron DeSantis and hot-button topics on Twitter could help Tesla with reluctant EV buyers in red states......»»

Source:  AutonewsCategory: Top4 hr. 53 min. ago Related News

NHTSA fails government audit for missing deadlines

In a report released Wednesday by the U.S. Transportation Department's Office of Inspector General, auditors reviewed a sample of investigations conducted in 2018, 2019 and 2021 to determine whether the agency has adequate tools, processes and resour.....»»

Source:  AutonewsCategory: Top4 hr. 53 min. ago Related News

Franchise Equity Partners reveals $55M minority stake in Parks Automotive Group

Franchise Equity Partners invested $55 million in Parks Automotive Group, to acquire a minority stake in the group. The announcement comes months after Parks Automotive, with the investment firm, bought two Stellantis stores near Charlotte, N.C......»»

Source:  AutonewsCategory: Top4 hr. 53 min. ago Related News

GM"s Barra: Profit potential in "above and beyond" tech, not heated seats

Software and services represent a major growth opportunity for GM, particularly as they extend beyond a vehicle's first owner, Barra said......»»

Source:  AutonewsCategory: Top4 hr. 53 min. ago Related News

Stellantis, GM pay $363 million in U.S. fuel economy penalties

The record-setting penalties include $235.5 million for Stellantis for the 2018 and 2019 model years and $128.2 million for GM covering 2016 and 2017......»»

Source:  AutonewsCategory: Top11 hr. 21 min. ago Related News

Kia, Hyundai struggling with anti-theft software fix

Kia and Hyundai have notified dealers that there are problems with a software fix that's being offered as a way to prevent vehicles from being hot-wired......»»

Source:  AutonewsCategory: Top13 hr. 21 min. ago Related News

3-row VW ID Buzz poised to make a bigger splash in North America

The electric, modern-day interpretation of Volkswagen's Microbus for North America has one more row, a bigger battery and more power than its European counterpart......»»

Source:  AutonewsCategory: Top16 hr. 53 min. ago Related News

Kia no longer just a value brand, says America CEO Sean Yoon

Kia America CEO Sean Yoon said the company has gone through a transformative image overhaul, with new emphasis on crossovers and more disciplined incentive spending to improve consumer perception......»»

Source:  AutonewsCategory: Top16 hr. 53 min. ago Related News

Canadian partners buy first dealership, in the U.S.

PATH Auto Group partners Phil Alalouf and Todd Hewitt in April purchased their first dealership, a Volkswagen dealership in California......»»

Source:  AutonewsCategory: Top22 hr. 21 min. ago Related News

Rivian may lose Nasdaq spot after 90% selloff, JPMorgan says

The index typically removes the smallest members of the Nasdaq 100 if the company is weighted at less than 0.1 percent of the gauge for two consecutive months......»»

Source:  AutonewsCategory: TopJun 2nd, 2023Related News

Pre-COVID inventory levels may not return

The automotive industry's "new normal" might be characterized by lower inventory levels than before the pandemic, as well as more of an emphasis on pre-selling and secure supply chains, Cloud Theory says......»»

Source:  AutonewsCategory: TopJun 2nd, 2023Related News

Infiniti gets new global boss with Jose Roman

Jose Roman, a native of Ecuador, joined Infiniti parent Nissan Motor in 2012 and has more than 25 years of automotive experience in such markets as Mexico, Colombia, Brazil and Japan. He takes the helm of Infiniti on July 1......»»

Source:  AutonewsCategory: TopJun 2nd, 2023Related News

Ford sues Blue Cross Blue Shield in antitrust case over ‘astronomical" profit

Ford sued Blue Cross Blue Shield Association in U.S. court on Wednesday, accusing it of a price-fixing conspiracy that caused the automaker to pay inflated costs for health insurance products for its employees......»»

Source:  AutonewsCategory: TopJun 1st, 2023Related News

Rivian cancels "tank turn" feature to prevent trail abuse

CEO RJ Scaringe says the R1T pickup can spin like a tank — as shown in a viral 2019 video — but the potential for environmental damage is too great......»»

Source:  AutonewsCategory: TopJun 1st, 2023Related News

Elon Musk is accused of insider trading by investors in Dogecoin lawsuit

Investors said Musk used Twitter posts, online influencers, his 2021 appearance on NBC's "Saturday Night Live" and other "publicity stunts" to trade profitably at their expense......»»

Source:  AutonewsCategory: TopJun 1st, 2023Related News

Nobody wants to budge at UAW strikes in Ohio, Michigan

UAW workers at two auto parts supplier plants remain on strike in suburban Toledo and suburban Detroit. The UAW is in talks with the company in Detroit but no negotiations are scheduled in Toledo......»»

Source:  AutonewsCategory: TopJun 1st, 2023Related News

Ed Morse Automotive bolsters Illinois footprint

Ed Morse Automotive Group further bolstered its domestic brand store offerings with the purchase of three Illinois dealerships in two May acquisitions......»»

Source:  AutonewsCategory: TopJun 1st, 2023Related News

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......»»

Source:  AutonewsCategory: TopJun 1st, 2023Related News