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Tesla wants to cut its manufacturing costs in half

Tesla Inc. didn't put on a splashy product show at its highly anticipated Investor Day earlier this month. There were no fresh details about its upcoming Cybertruck, no news on updates to the Model 3 sedan or Model Y crossover and no sneak…

UK’s Mini plant could get $592M investment

BMW plans to invest about 500 million pounds ($592 million) at its factory in Oxford, England, where it makes its Mini models, Sky News reported, citing unidentified people. The investment will include a 75-million-pound grant from the UK…

Infiniti global boss Peyman Kargar will retire

TOKYO – The global chairman of the struggling Japanese premium brand Infiniti is retiring from the position at the end of the month and will be replaced by an interim head. Peyman Kargar, who has led Infiniti since June 2020 and was…

The EV era will be an uncomfortable time of change

Anybody who thinks the transition to electric vehicles will be soft-n-easy had better read this week's issue closely. We tell you about the change on a number of fronts this week. It's fair to say that a few decades ago, the Detroit auto…

Automakers should be allowed to own dealerships

TO THE EDITOR: While the editorial "Car warranty reimbursement battle driven by naked politics" (autonews.com, Feb. 26) was on the money, there is one missing factor — bulk-buying. Generally, if I buy something in bulk, I get a discount.…

How the car subscription model can succeed in U.S.

Car subscriptions offer plenty of attractions. For a monthly fee, subscribers have a car but not the hassles of car ownership or car leasing, such as maintenance, repair and insurance. They can switch vehicles more often — to a different…

General Motors eyes Palace of Auburn Hills site

General Motors is considering the former Palace of Auburn Hills in suburban Detroit site for a large space for suppliers, according to Crain's Detroit Business, an affiliate of Automotive News. GM would not confirm on Thursday evening it…

Ford looking at ways to boostF-150 production

Ford's U.S. F-150 sales fell 9.9 percent in 2022 to about 654,000, including 15,617 F-150 EV trucks, as the company struggled with production and supply chain problems. General Motors last month said it would idle the Fort Wayne, Ind.,…