Automobile

WASHINGTON - General Motors, Ford Motor Co., Chrysler-parent Stellantis and Toyota Motor North America on Monday urged Congress to lift a cap on the $7,500 electric vehicle tax credit, citing higher costs to produce zero-emission…

Farming for talent required a big grassroots commitment from Vaughan and his team. "We want to develop the relationship with school districts, and they're looking for programs that can widen the horizon of their students and give them a…

At first, it seemed as though nothing could go wrong. Dockless shared electric scooters began showing up on the world's streets in 2017, and the vanguard — techies, baristas, twentysomething daredevils — hopped on and rode, confident…

Striking South Korean truckers are considering blocking shipments of coal to a power plant if the government rejects their demands for minimum pay guarantees, a senior trade union official said Monday. The Cargo Truckers Solidarity…

     • Prepping service lanes for EVs      • Toyota supplier mulls chip spinoff      • Russian auto sales fall Source link

Founders James Taylor and Jason Luo had planned to import electric delivery vans from China and assemble them at a former General Motors Hummer factory in Mishawaka, Ind. Both men resigned in early February after Electric Last Mile…

The plan is for EVs to make up half of Stellantis sales in North America by the end of the decade. It's a number that Meunier isn't sure the region could support today. The Biden administration, likewise, wants half of new vehicles sold…

Several retail technology companies are boosting their own capabilities to help dealerships buy cars directly from the general public, bypass traditional auctions and digitize the trade-in experience. Source link

KAR surprised investors, analysts and customers with the sale of ADESA's 56 sites. But the proceeds allow the company to pay down debt and focus on capturing more of a fragmented digital wholesale market.Manheim also has leaned into the…

Prices rose again from September to January 2022. That streak came as a surprise to forecasters because prices typically wane in the winter months.Prices slightly fell through the first four months of 2022, which has been taken as an…