auto

With the speed of the SPAC process comes the downside of some added risk, according to Erik Gordon a finance professor at the University of Michigan's Ross School of Business. Gordon, who has a focus in public market activity among other…

An independent labor union supported by international activists has won a vote to represent workers at a General Motors' pickup-truck plant in the central Mexican city of Silao, Mexico's federal labor center said on Thursday. The union,…

Audi, the German luxury car manufacturer, has officially launched the Q7 facelift in India today at a starting price of Rs 79.99 lakh (ex-showroom). The Audi Q7 has been an icon of the Q-range for several years and…

Volvo's China sales declined 24 percent to 14,629 in January as part of a wider global decline in volume at the company. Volvo Car's global sales fell 20 percent to 47,561 in January under pressure from the global component shortage,…

As part of the agreement, Mercedes designers would style future Smart vehicles and Geely would engineer them. With production based in China, the venture would aim to extend its portfolio of pure premium electric and connected vehicles.…

Jaguar Land Rover will get a 500 million pound ($670 million) state-backed loan to support the automaker in its shift to building electric vehicles. The five-year loan will help to boost JLR’s research, development and export of…

Smart Automobile Co, a joint venture between Germany’s Mercedes-Benz and China’s biggest private carmaker Zhejiang Geely Holding Group Co., is considering raising funds as part of its plans to promote the minicar as an all-electric brand,…

Global retail sales climbed 12 percent to 245,000 vehicles in the quarter, driven by robust demand in North America and Southeast Asia, despite tepid deliveries in Japan and Europe. Revenue increased 39 percent to 525.5 billion yen ($4.57…

The overall global tally was the second-highest annual result for Lexus and came despite tight inventories triggered by the global semiconductor shortage. The 2021 finish could not quite match Lexus' all-time sales record of 765,330 units…

During the Union Budget 2022, Finance Minister Nirmala Sitharaman announced that the government will introduce a battery swapping policy to promote the sales of electric vehicles in the country. The Battery Swapping…

Jaguar Land Rover swung to a quarterly loss as global semiconductor shortages continued to hit sales. The UK automaker reported a 9 million pounds ($12 million) loss before tax for the quarter ended Dec. 31, compared with a profit of 439…

Ford designed the 2022 Bronco Raptor to be big. Too big, it turned out, for the assembly line. The ultra-rugged version of the off-road SUV, set to go on sale this summer, has 14 inches of suspension travel in the rear, the same as the…

"There should no longer be doubt about the viability and profitability of electric vehicles," Tesla said in its earnings report, citing data that it had achieved higher operating margins than global automakers that rely on internal…

The other piece of GM's EV puzzle is its battery plants. GM and its Ultium Cells joint venture partner, LG Energy Solution, are spending $2.6 billion to build a battery plant in Lansing, Mich., their third in the U.S. Ultium Cells has…

TOKYO -- Mitsubishi Motors Corp. quickened the pace of recovery in the latest quarter, bouncing back to profitability on higher sales and lifting its full-year earnings outlook. The Japanese automaker booked operating profit of 30.7…

The agency kept in place the averaging, banking and trading program, a compliance flexibility that dictates how credits can be generated and used. Since 2016, automakers collectively have failed to meet the EPA's tailpipe standards, and,…

TOKYO -- Mitsubishi Motors Corp. quickened the pace of recovery in the latest quarter, bouncing back to profitability on higher sales and lifting its full-year earnings outlook. The Japanese automaker booked operating profit of 30.7…

The Society of Automotive Analysts holds its annual Outlook conference each January to look ahead at the new year. Does the start of a third year of a pandemic and a second year of the microchip shortage have you feeling overwhelmed? You…

Mazda last assembled vehicles in the U.S. a decade ago with then-partner Ford Motor Co. in Flat Rock, Mich. Mazda ended production of the Mazda6 sedan at the plant in 2012 amid weak sales and red ink from its North American operations. The…

"The strength of this alliance is increasing every day," Senard asserted."Three years ago, the alliance was experiencing a crisis unprecedented in its history, based on a lack of trust," Senard said. "This period belongs to the past. We…

For decades, U.S. auto manufacturers have focused on making safer, incremental changes to vehicles to hit sales benchmarks vs. thinking several steps ahead. Today's reality is that the next generation of automotive winners will be…

"Musk's reputation for making splashy announcements might have set expectations a bit high for Teslaphiles, who are likely a bit disappointed at the company's pared-back product road map," said Jessica Caldwell, executive director of…

Suryakumar Yadav became the latest Indian cricketer to own a Nissan Jonga as former skipper MS Dhoni also has a similar model. The vehicle was formerly used by the Indian Army before being discontinued. (SocialLY…

The EV tax credit proposal — championed by Michigan Sen. Debbie Stabenow and Rep. Dan Kildee, both Democrats, but opposed by Manchin — would boost consumer tax credits to as much as $12,500 for EVs assembled in a factory represented by a…

Daimler CEO Ola Kallenius is pursuing a higher valuation for the luxury-car maker as the manufacturer shifts deeper into EVs packed with digital gadgets.  Following the spinoff of Daimler's truck unit in December, the automaker is changing…

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…

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…

"Since day one of Stellantis, we analyzed the situation together with our partners and we are now finalizing our plans for China, which we consider as a strategic market in terms of untapped potential," Olivier said. The DPCA joint…

New Delhi: Ignitron Motocorp, a new electric vehicle start-up, on Friday unveiled its third electric sports bike 'GT 120' in the Indian market. According to the company, GT 120 has been designed and built…

Stellantis is suspending full implementation of a COVID-19 vaccine mandate for salaried, non-union workers in the U.S. The decision comes a few weeks after the automaker pushed back a Jan. 5 deadline for workers to be fully vaccinated. But…