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Automobile
Gen Z more frustrated with car-buying process than older generations, CDK says
Younger car buyers were less likely to recommend the dealership experience and had more frustrations with the car-buying process than older consumers, according to a survey by CDK Global Inc.
The study, released Thursday, surveyed 1,100…
Next Honda Accord spotted touting new design cues
The next Accord appears to keep its fastback silhouette and wide stance while incorporating some of Honda's new design cues, eschewing the oversized grille adopted in 2021 for a grille that is split horizontally below the headlights.The…
Polestar 5, with 884-hp, has Porsche in its sights
A new horsepower war is brewing among automakers, and this time the number of cylinders is not a factor. At the Goodwood Festival of Speed in England last week, Polestar, aiming directly at Porsche, fired the latest shot with a sleek,…
First Shift: Cadillac opens 2024 Lyriq preorders
• 2024 Cadillac Lyriq's price jump
• Production starts at new BMW plant
• Canadian dealership group's U.S. buy
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Japanese supplier Marelli enters court-led reorganization
A key supplier for automakers Nissan and Stellantis, Marelli filed in March for an ADR procedure.
Nissan said in a statement that Marelli was "an important partner" and it would keep collaborating with it.
"Nissan believes that it is…
Why CarLotz is closing half of its stores 18 months after going public
CarLotz Inc., one of several online used-vehicle upstarts to benefit from pandemic-fueled momentum, is shuttering 11 stores — half of its brick-and-mortar locations — as it dials back growth plans.
The used-vehicle consignment company,…
Kia granted injunction to halt sale of Calif. dealership
A federal judge in California has issued a preliminary injunction in favor of Kia America Inc. and against the would-be seller and purported buyer of a dealership in Palmdale.
U.S. District Judge James Selna found a likelihood of…
China’s chipmaking industry helped by U.S. sanctions
China's chip industry is growing faster than anywhere else in the world, after U.S. sanctions on local champions from Huawei Technologies Co. to Hikvision spurred appetite for home-grown components.
Nineteen of the world's 20…
Automakers expect suppliers to deliver CO2 targets
Setting procurement standards for suppliers is a powerful lever to address upstream emissions.But if automakers are to meet their climate goals, it will require greater collaboration and involve educating suppliers on decarbonization…
Ukraine war redrawing Europe’s auto supply chain map
Then there's the European Union Battery Directive ruling, designed to reduce the CO2 in battery production. That ruling again forces automakers to inspect the value chain and, ideally, localize it. From July 2027, batteries in vehicles…