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Automobile
President Biden’s ZEV goal signals industry’s direction
Biden also wants the U.S. to achieve at least a 50 percent drop in greenhouse gas emissions below 2005 levels by 2030 — an effort that supports his goal of having a carbon pollution-free power sector by 2035 and net-zero emissions by…
Electric era to quicken pace of change at Nissan
Fresh off a multiyear product portfolio update, Nissan is already planning for the next-generation lineup — this one shaped by electrification. Nissan said all of its "new-vehicle offerings" in key markets will be electrified by the…
Stellantis plans daring electrification shift
By 2030, Stellantis expects to boast more than 25 electric vehicles across its U.S. portfolio. Ram will offer buyers the ability to haul loads with versatile electric pickups. Dodge will have performance enthusiasts burning rubber with…
California races to full EV sales by 2035
California's relentless push toward electric vehicle adoption created the "compliance car" that forced many automakers to at least dabble with the new technology over the last decade.In 2014, then-Fiat Chrysler CEO Sergio Marchionne…
Chevy Bolt buyers to get retroactive discounts ahead of price cut
After lowering the price of the Bolt EV and EUV by about $6,000 for the 2023 models, Chevrolet plans to compensate customers who already paid more for the vehicles this year.
All U.S. customers who bought a Bolt EV or EUV in 2022 are…
Top analyst predicts GM, Ford will overtake Tesla in EV market share by 2025
DETROIT — Beset by increasing competition, Tesla Inc.'s electric vehicle market share is expected to plummet from a dominating 70 percent today to just 11 percent by 2025 as incumbents such as General Motors and Ford overtake it,…
Top analyst predicts GM, Ford will overtake Tesla in EV market share by 2025
DETROIT — Beset by increasing competition, Tesla Inc.'s electric vehicle market share is expected to plummet from a dominating 70 percent today to just 11 percent by 2025 as incumbents such as General Motors and Ford overtake it,…
Stellantis invests $24.7 million to retool Michigan engine plant
Stellantis is investing $24.7 million to rework its Trenton Engine Complex in Michigan.
The automaker says the site's south plant will be retooled to a be flexible engine line capable of producing the two variations of the 3.6-liter…
1 federal lawsuit against CDK dismissed, but 6 others remain
A lawsuit alleging CDK Global Inc. omitted crucial information related to its pending sale to investment firm Brookfield Business Partners has been voluntarily dismissed, but six other federal lawsuits alleging similar behavior against…
Car Wars study: By 2026, 60% of new models will be EV, hybrid
The annual study, published since 1991, is based on the notion that newer vehicles directly drive increases in market share for automakers and thus an automaker with a higher replacement rate has a better chance to increase market…