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The industry is scrambling to build millions of EVs, and battery producers are considering new processes and […] -
Sen. Joe Manchin, D-W.Va., expressed little interest in revising his proposal. “Tell (automakers) to get aggressive and […]Automakers press Manchin for changes to EV tax credit proposal
Auto August 2, 2022 -
The EV tax credit proposal unveiled last week by U.S. Democratic Sens. Chuck Schumer and Joe Manchin […]EV tax credit proposal less about consumers, more about sourcing, industry exec says
Auto August 2, 2022 -
To maintain “operational excellence,” Lear recently reduced non-manufacturing, salaried headcount by about 3 percent and is working […]Lear slashing head count, ‘de-risking' business amid economic uncertainty
Auto August 2, 2022 -
President Chris Walsh said in February the company would look for acquisitions in 2022 to bolster its […]Reynolds and Reynolds still on acquisition hunt
Auto August 2, 2022 -
The ride-hailing giant said Q2 results were boosted by resilient demand from customers who continued to hail […]Uber doubles Q2 revenue to $8.1 billion as ridership surges
Auto August 2, 2022 -
The components, including laser-based lidar sensors, will be used in advanced driver assistance systems and automated vehicles […]VW agrees to buy $4 billion worth of lidar components from Israel's Innoviz
Auto August 2, 2022 -
Credit Acceptance Corp.’s net income fell 63 percent in the second quarter to $107.4 million, dragged down […]Higher loss provision cuts Credit Acceptance Q2 income
Auto August 2, 2022 -
The investigative committee tasked by truck and bus maker Hino Motors blamed the scandal on an environment […]Toyota unit falsified emissions data from at least 2003, probe finds
Auto August 2, 2022 -
Edward Erickson “had been a champion for cycling safety and regularly educated our team members on the […]Toyota senior program manager killed during charity bike ride in Mich.
Auto August 1, 2022 -
Three FCA US employees have been indicted for conspiracy to defraud the U.S. and violate the Clean […]Stellantis unit sentenced in U.S. diesel emissions probe, must pay $300M
Auto August 1, 2022 -
GM is asking dealers to help prevent customers from quickly flipping high-demand vehicles and adding exorbitant markups. […]GM to penalize consumers who resell certain high-demand vehicles within 12 months
Auto August 1, 2022