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GM EV pickups threaten Chevy Bolts’ future

Bolt output will continue as the automaker converts Orion for electric pickup production, but Reuss said GM had nothing to announce related to the Bolt's future beyond that. AutoForecast Solutions expects GM to discontinue the Bolt EV in…

Daimler rebranding as Mercedes-Benz Feb. 1

BERLIN -- Daimler will be formally renamed Mercedes-Benz Group on Tuesday -- nearly a year after the spin-off of its truck and bus division was announced -- in a move that CEO Ola Kallenius hopes will unlock shareholder value for the…

Stellantis to take majority control of Jeep JV

Stellantis is not the first automaker to get pushback from a local partner. When Volkswagen Group CEO Herbert Diess in 2019 said the German manufacturer may consider changing the ownership structure of a partnership with SAIC, the Chinese…

Renault-Nissan alliance plows $26B into EV blitz

Still togetherThe announcement was as much a repackaging of already-announced initiatives as it was a market reassurance that the three companies were still working together and focused on staying competitive. The investment figures, for…

House leaders unveil chips, China competition bill

WASHINGTON -- U.S. House of Representatives leaders on Tuesday unveiled a bill aimed at increasing U.S. competitiveness with China and supporting the U.S. chip industry, including $52 billion to subsidize semiconductor manufacturing and…

Bentley will start output of first full EV in 2025

The EV is expected to be a version of a luxury EV with advanced self-driving functions being developed by Audi, which has oversight of Bentley within Volkswagen Group. Bodies-in-white would be built alongside the Audi at VW's factory in…