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Automobile
Lear Q1 earnings: Adjusted net income plunges to $108M as inflation, industry headwinds slam…
"Because of the volatility around volume production, changes in schedules, those types of things, we looked at how we could combine different administrative roles between e-systems and seating," Scott said.
Lear optimized efficiency by…
BMW M division celebrates 50th anniversary
In the late 1960s, BMW AG couldn't keep up with demand for racing versions of its successful 1800 TI and 2000 TI. In fact, many of the cars on tracks around the world were being built by outside tuning companies. So in May, 1972, the…
2023 GMC Yukon gets high-end Denali Ultimate trim
DETROIT — The 2023 GMC Yukon will be the brand's second nameplate to get the ultra-high-end Denali Ultimate trim, as average transaction prices continue to rise across the industry.
The Yukon Denali Ultimate is slated to go on sale this…
GMC adds high-end Denali Ultimate trim to 2023 Yukon
DETROIT — The 2023 GMC Yukon will be the brand's second nameplate to get the ultra-high-end Denali Ultimate trim, as average transaction prices continue to rise across the industry.
The Yukon Denali Ultimate is slated to go on sale this…
Former Tesla engineer wants to manufacture next-generation battery materials in U.S.
SAN FRANCISCO - A battery startup founded by a former Tesla engineer announced Tuesday plans for U.S.-based mass production of next-generation materials aimed at cutting costs, boosting driving ranges and reducing the industry's…
How the Shanghai government helped Tesla reopen its plant amid Covid lockdowns
The company will build a new plant on nearby land in the same area, which is poised to add an annual capacity of 450,000 cars, including Model 3s and Model Ys, becoming "the world's largest vehicle export hub", the letter said.
The…
First Shift: Report: VW to use Qualcomm chips for autonomous vehicles
• VW's reported $1B Qualcomm chip deal
• Lithia Motors outsells AutoNation in Q1
• Jeep CEO's vision for brand growth
• Ford, GMC and Chevrolet's EV pickups
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Rivian scores $1.5 billion in incentives to build its EV plant in Georgia
Electric-pickup maker Rivian Automotive Inc. is slated to receive $1.5 billion in state and local incentives to build an assembly plant near Atlanta, bolstering the company's production efforts despite local resistance to the project.…
April U.S. auto sales: Toyota, Honda, Hyundai, Kia volume falls by double digits again as chip woes…
U.S. sales at Toyota Motor Corp., Honda Motor, Hyundai and Kia dropped by double digits in April compared with a year earlier, when industry volume soared briefly, as key parts shortages and jammed supply lines continue to undermine…
April U.S. auto sales: Hyundai, Kia volume falls by double digits again as chip woes bite
U.S. dealers had fewer than 900,000 new cars and light trucks in inventory last month, J.D. Power said. Kia, Honda, Toyota, Land Rover, Lexus and Subaru are among the brands with the lowest inventory, while Chrysler, Audi, Ram, Lincoln…