Ford resumes shipping 2024 F-150 Lightning to dealers after 2-month delay
Ford had issued a stop-ship order for the top-selling electric pickup Feb. 9, shortly after the 2024 model started going out to dealerships in January......»»
Honda"s first in-house EV starts production in 2025
Honda is retooling three existing plants in Ohio to produce EVs and EV components and is building a joint-venture battery factory with LG Energy Solution......»»
Nissan"s new "game changer" solid-state EV battery plant takes shape
Nissan is quickly constructing its first plant to start pilot production of breakthrough solid-state batteries next March, stepping closer to a technology the Japanese carmaker calls a “game changer” for next-generation EVs it plans to introduce.....»»
Vintage Ferrari owners’ favorite mechanic charged with theft, fraud
Few mechanics post photos of themselves on Venetian canals or brag about buying $30,000 artworks, but this was Ferrari and Alfa Romeo restorer Donnie Callaway's life before he found himself booked in in Arizona’s Maricopa County on charges of theft.....»»
Stellantis’ $39 million pay for CEO Carlos Tavares draws investor ire amid job cuts
At Tuesday’s annual general meeting, advisory firms Glass Lewis and Proxinvest are urging investors to vote against approving the €36.5 million ($39 million) total compensation package, up almost 60 percent from 2022 levels......»»
2024 Toyota Land Cruiser, 2025 4Runner are similar — but different
The redesigned 2024 Toyota Land Cruiser goes on sale this spring with a higher price and lower volume expectations than the upcoming 2025 Toyota 4Runner, due late this year. Toyota admits there will be some overlap......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»