Automotive Industry News

Automobile

GM and Honda just made it harder to sell a leased car to another brand

News Post || Auto: General Motors and Honda have tightened the screw on lease returns to ensure their franchised dealers…

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Automobile

2021 Concours d’Elegance of America Mega Gallery | One expensive parking lot

News Post || Auto: The 2021 Concours d’Elegance of America wasn’t like most this year in Michigan. Instead of the…

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Automobile

Rivian raises $2.5 billion led by Amazon, Ford

News Post || Auto: DETROIT — Electric vehicle startup Rivian has closed a $2.5 billion fundraising round led by investors…

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Automobile

Tesla’s plans for batteries, China scrutinized with Q2 report coming today

News Post || Auto: Tesla Inc. has weathered the pandemic and supply chain crisis better than many of its rivals,…

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Automobile

VW pushes ahead with ‘super platform’ for self-driving electric cars

News Post || Auto: The VW Group will invest around 800 million euros ($950 million) in a new R&D facility…

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Automobile

Faurecia upgrades 2021 cash flow target as half-year profits rise

News Post || Auto: PARIS — Faurecia raised its 2021 net cash flow target as it posted higher first-half sales…

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Automobile

Super Cruise on tap for GM pickups

News Post || Auto: DETROIT — Next year, General Motors’ hands-free driving technology will expand to its biggest segment: full-size…

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Automobile

COVID dashes Toyota’s Olympic ad dreams

News Post || Auto: After five years of waiting and about $1 billion spent to become a sponsor, Toyota Motor…

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Automobile

AutoNation buys stock, Lithia buys dealerships

News Post || Auto: AutoNation’s stock price has risen 72 percent this year to an all-time high. Lithia’s stock price…

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Automobile

Reptiles scale back pace for Tesla plant in Germany

News Post || Auto: Snakes and lizards are complicating construction of a Tesla assembly plant in Germany that already is…

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