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The Chinese company also launched a battery-pack solution that can integrate sodium-ion cells and lithium-ion cells into […] -
The former unit of Johnson Controls delayed the stock offering indefinitely because of market conditions, Bloomberg reported. […]Battery supplier Clarios postpones $1.8 billion IPO, report says
Auto July 29, 2021 -
Semiconductor scarcity will be more severe during the second half, VW said. The automaker also highlighted risks […]VW raises earnings outlook, warns chip crunch will worsen
Auto July 29, 2021 -
VW’s new EV production line in Zwickau faced a potential time-consuming process, but supplier Dürr devised a […]No time to spare on ID4, VW calls Dürr
Auto July 29, 2021 -
The automaker is keeping a close watch on the delta variant of the coronavirus and may be forced […]Consumer demand, inventory squeeze could last another year, Toyota's Carter says
Auto July 28, 2021 -
Ford said it had expected a net loss for the quarter but performed better because of strong […]Ford turns $561M profit in Q2, raises full-year outlook despite chip shortage
Auto July 28, 2021 -
While pickup truck production is set to resume Monday, six other North American plants will take additional […]GM to restart pickup output; downtime added at crossover, sedan plants
Auto July 28, 2021 -
Sonic Automotive purchased two import dealerships in Colorado — its first franchised dealership acquisitions since 2014. Read […]Sonic buys 2 Colorado dealerships, returns to Subaru brand
Auto July 28, 2021 -
The UAW got $1.1 million for a lakefront house in northern Michigan that was being built for […]UAW receives $1.1M for controversial Mich. lake house
Auto July 28, 2021 -
Penske Automotive Group said net income totaled $340.4 million, higher than $44.8 million in the pandemic-impaired second […]Penske's Q2 net income soars to record
Auto July 28, 2021 -
Despite a number of planning setbacks at the Gruenheide factory and a redesign of the Model Y, […]Tesla expects to start Model Y production in Germany by the end of the year
Auto July 28, 2021 -
Nissan’s global sales have been boosted by recovering demand for cars in recent months and its newly […]Nissan posts surprise quarterly profit, raises full-year forecast
Auto July 28, 2021