Sunday, December 31, 2023

An abused wife took on Tesla over tracking tech. She lost.

Cases of technology-enabled stalking involving cars are emerging as automakers add ever-more-sophisticated features, such as location tracking and remote control of functions such as locking doors or honking the horn.



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Saturday, December 30, 2023

Tesla deliveries expected to hit record in 2023, but fall short of Musk's aspirations

The company likely delivered 1.82 million EVs globally in 2023, up 37 percent from 2022. In January, Musk said that Tesla has the potential to achieve 2 million deliveries this year.



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Chevy trio of EVs offers options

In 2024, Chevrolet expects greater EV availability as more trim levels of the Silverado and Blazer go into production and the Equinox arrives.



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Friday, December 29, 2023

BYD set to dethrone Tesla as top global EV seller

In an industry still dominated by more familiar names such as Toyota, VW and GM, Chinese automakers including BYD and SAIC are making serious inroads.



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Column: The Roadster Factory, link to storied MG and Triumph sports cars, destroyed in fire

When a brand is folded up and leaves the fast-paced world of auto shows, concept cars, franchised dealerships and mercurial executives, The Roadster Factory often stepped in.



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Thursday, December 28, 2023

Commercial vehicle makers dive into EVs

Environmental regulations and large purchase incentives fuel the market for electric vans and trucks.



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GM blasts San Francisco in lawsuit over $108 million tax bill

GM contends San Francisco used the presence of its Cruise self-driving unit to tie its tax bill to a portion of GM’s global revenue.



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Tuesday, December 26, 2023

EVs contribute to delayed vehicle launches

In 2023, 34 percent of all vehicle launches experienced production delays, compared with 5 percent in 2018, said PwC.



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The Roadster Factory, link to storied MG and Triumph sports cars, detroyed in fire

When a brand is folded up and leaves our fast-paced world of auto shows, concept cars, franchised dealers and mercurial executives, The Roadster Factory often stepped in.



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Monday, December 25, 2023

EVs, charging to take back seat at CES

Electric vehicles' presence at 2024 CES mirrors the market's growth slowdown.



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Friday, December 22, 2023

Congress, courts possible ways for dealers to fight FTC CARS Rule

NADA plans to try to keep the FTC's CARS Rule regulations from taking effect July 30, CEO Mike Stanton says. Blocking the rule rests with Congress or the court system.



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Chevrolet issues software-related stop-sale on Blazer EV

The issue is not safety-related and affects 'a limited number' of the electric midsize crossovers, Chevy said.



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The top automotive retail technology stories of 2023

Tekion, CDK Global, Reynolds and Reynolds and TrueCar were among the companies making news in 2023 and landed in the top 10 retail tech stories of the year, according to .



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Feldman Automotive, Todd Blue among dealership buyers in Q3 and Q4 transactions

A buyer purchased her first dealership, Feldman Automotive entered a new state, and former luxury dealership group founder Todd Blue returned to automotive retail,all in third- and fourth-quarter transactions.



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More than 7,000 dealers registered to offer point-of-sale EV tax credits next year

Dealers must be registered via IRS Energy Credits Online for their customers to claim or transfer federal tax credits and use those funds as a down payment.



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Thursday, December 21, 2023

Employment commission sues Texas Nissan store over sexual harassment claims

The lawsuit cites three former female employees who say they were harassed by three different managers at the store.



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GM, Ford vehicles to lose US EV tax credits Jan. 1

GM said it expects the Lyriq and Blazer EV will regain eligibility in early 2024. Ford Motor said its E-Transit will lose the $3,750 tax credit on Jan. 1, as will the Mach-E and Lincoln Aviator Grand Touring plug-in hybrid.



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Wednesday, December 20, 2023

U.S. vehicles set fuel economy record in 2022 model year, EPA says

Stellantis posted the lowest fuel economy of major automakers, followed by GM and Ford.



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GM's Factory Zero EV plant resumes operations after fire

The fire may have been started by a forklift puncturing a container of battery materials, a spokesperson said.



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Toyota recalls 1.1 million vehicles globally over malfunctioning airbag sensors

The recall covers several Toyota and Lexus vehicles from the 2020-22 model years.



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Auto suppliers seek protections from EV programs that might not pan out

The industry’s frenetic shift to EVs prompted the supply base to build out lines for overly ambitious volumes. Now soft demand and production delays have drastically changed the math, and it could leave suppliers holding the bag.



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Toyota vows reform after affiliate Daihatsu caught in safety scandal

A safety investigation found issues involving 64 models, including almost two dozen sold under Toyota's brand.



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Tuesday, December 19, 2023

Volkswagen, Audi, Porsche and Scout to adopt Tesla EV charging standard

Starting in 2025, Volkswagen, Audi and Porsche electric vehicles will be equipped with the North American Charging Standard port. The three brands have waves of EVs coming.



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Nearly half of Buick dealers take buyout rather than sell EVs

Buick offered buyouts to dealers who did not want to invest hundreds of thousands of dollars on tooling, equipment and training to prepare to sell and service EVs as the brand goes all-electric by the end of the decade.



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Auto dealership veteran Robert Potamkin dies at 77

The automotive dealership veteran was also a dedicated philanthropist.



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Monday, December 18, 2023

Nippon's acquisition of U.S. Steel could prove to be palatable for auto industry, analyst says

Nippon's pending acquisition of U.S. Steel could have significant ramifications for the auto industry, particularly relating to electrical steel used in electric vehicles.



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Nikola founder Trevor Milton sentenced to 4 years in U.S. prison for fraud

Prosecutors had sought a sentence “in line” with the 11 years recommended by probation officials, saying a lengthy term of incarceration was needed both to punish Milton and deter other corporate executives from similar misconduct.



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Musk's stalling leads Mexico to second-guess massive Tesla plant

Mexico has sought to allay concerns that the plant might be canceled. Last week, the state government approved $153 million in incentives for basic infrastructure.



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Nissan to export EVs developed, built in China

Nissan joins foreign brands including Tesla, BMW and Ford that are expanding exports of China-made vehicles to exploit the country's lower manufacturing costs and improve the utilization of factories.



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U.S. Steel being acquired by Japan's Nippon Steel in deal worth $14.9 billion

The move follows several months of uncertainty over U.S. Steel's future ownership.



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May Mobility starts driverless service in Arizona

Self-driving technology company May Mobility will begin driverless service Monday at one of its flagship locations, company executives said.



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Sunday, December 17, 2023

Ford dealership opens private restaurant with Michelin-starred chef

Sarasota Ford, which also has an 11-seat movie theater and a relaxation room with massaging chairs, brought in an award-winning chef to help build customer loyalty.



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Ford puts electric F-150 plant, suppliers on roller coaster

Ford plans to build half as many electric F-150s each week in 2024 as it had previously intended, to the frustration of suppliers that invested big money to be ready for higher output.



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Friday, December 15, 2023

FTC rules could mean process changes at dealerships

The sweeping Federal Trade Commission CARS Rule offers specifics for what auto dealers can and can't do for a variety of topics. It takes effect on July 30.



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U.S. rules could force early production halt to some gas vehicles, automakers say

The Alliance for Automotive Innovation warned the proposed rules "could prematurely force abandonment of many internal combustion engine vehicles and their associated revenue, reducing the availability of capital necessary for automakers to fund the EV transition."



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Tesla Model 3 to lose EV incentive Jan. 1 as sales cool

Tesla's most affordable vehicle is expected to lose its eligibility for the $7,500 federal EV tax incentive on Jan. 1 as stricter rules on battery sourcing go into effect. New Model 3 registrations in the U.S. fell in September and October, according to Experian.



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Thursday, December 14, 2023

U.S. judge tentatively rules Musk must testify again in SEC Twitter probe

The federal judge said Elon Musk and the SEC must agree to a date for the world's richest person to provide another day of testimony, or she would set a date.



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Honda CPO vehicles now available to lease

Honda will offer a short-term leasing program on its certified pre-owned vehicles, a move it says will benefit young and first-time buyers.



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Wednesday, December 13, 2023

General Motors CEO: Anti-drunken driving tech is coming

GM CEO Mary Barra's remarks come a day after NHTSA took the first regulatory step toward mandating alcohol-impairment detection technology in all new light-duty cars and trucks.



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Australian company Fortescue plans $35 million EV battery systems plant in Detroit

A statement described the plant as one that would become a "major hub for Fortescue’s production of automotive and heavy industry batteries, hydrogen generators, fast chargers, and electrolysers."



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Tuesday, December 12, 2023

U.S. FTC finalizes car-buying rules to rein in junk fees, bait-and-switch

Auto dealers will be barred from luring vehicle buyers with promises they do not keep and will not be able to charge junk fees - like a service contract for an oil change for an electric vehicle - under a new rule, the U.S. Federal Trade Commission said on Tuesday.



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Woman falsely accused of fraud sues McGrath Kia, bank and police in Chicago suburb

Sade Crockett, an African-American woman, is suing McGrath Kia for allegedly violating her 14th Amendment rights and Illinois state law, and for negligence.



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Renault to sell first portion of Nissan stake, booking $1.62 billion loss

Based on the current Nissan stock price, the share disposal is worth $824.29 million, Renault said, and represents the first move by the automaker to reduce its Nissan stake to 15 percent from around 43 percent.



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Monday, December 11, 2023

Asbury Automotive completes $1.2B Jim Koons acquisition

The Koons group reported $3.2 billion in revenue and sales of 26,188 new vehicles in 2022, ranking it No. 23 on ' list of the top 150 dealership groups based in the U.S. Asbury ranked No. 5 on the list, retailing 151,179 new vehicles last year.



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Ford cutting F-150 Lightning production by half in 2024, suppliers told

The news comes amid an industrywide pullback in EV investment due to slower-than-expected sales growth.



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Industry veteran Julie Fream to step down as CEO of auto suppliers association

Collin Shaw, the manufacturers association's chief commercial vehicle officer and COO for its Original Equipment Suppliers group, will succeed Fream on April 1.



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Sunday, December 10, 2023

Can tax credit rules drive EV adoption and spur U.S. battery supply chain?

Strict eligibility requirements in the Inflation Reduction Act's tax credit for new-EV purchases seek to encourage a transition to EVs and build up a domestic battery supply chain. But achieving one goal could hinder the other.



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Mazda CEO Masahiro Moro says EV shift plagued with uncertainty

Mazda CEO Masahiro Moro sits down with Automotive News in a Talk from the Top interview to discuss record U.S. sales, technical details of the Japanese carmaker's upcoming EVs and plans to cooperate with Toyota on electrical and software architectures, among other topics.



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Battery startup Our Next Energy replaces founder with new CEO amid cash crunch

Democratic politicians such as former House Speaker Nancy Pelosi have touted ONE as a poster child of President Biden’s agenda to wean the U.S. off China by supporting American manufacturing and green jobs.



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How EV latecomer Mazda plans to introduce 7-8 new EVs

Electric vehicle latecomer Mazda is still wary of EV demand as it cashes in on internal combustion to power record U.S. sales, but CEO Masahiro Moro gives new details about the Japanese carmaker's next-generation EV tech and envisioned lineup of eight EVs for 2030.



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Dealers see AI, ransomware attacks as cybersecurity threats in 2024

Stephen Gonzalez of CDK Global said that AI and ransomware will vex dealerships in 2024 as they seek to comply with the FTC Safeguards Rule.



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Adam Driver brings Enzo Ferrari story to big screen

Set in 1957 in Modena, Italy, the film focuses on a key period in the former racing driver's life as he overcomes the death of his son, struggles to keep his company afloat and seeks to dominate the racetrack.



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Friday, December 8, 2023

Police say they foiled Fla. man's attack on Tesla event

Police said the 28-year-old drove from Florida to Texas intending to kill people at Tesla's Cybertruck delivery celebration.



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Analysts: There are economic signs that auto pricing precipice may be near

U.S. auto sales in November were up an estimated 9 percent year-over-year to an estimated seasonally adjusted annualized rate of sales of 15.54 million. But analysts and executives agree that pricing and interest rates are starting to take a bite.



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Why the Ramcharger was developed with a series hybrid powertrain, a pickup first

Stellantis engineers were convinced that a series hybrid powertrain would enable a Ram truck to deliver the towing and hauling capability as well as the driving range that many buyers expect in a pickup.



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Cantin: Amazon partnership may boost Hyundai dealership popularity

Dave Cantin thinks the Hyundai-Amazon partnership benefits the automaker, dealers and consumers.



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Thursday, December 7, 2023

Stellantis plans layoffs at assembly plants in Mich., Ohio

Plants that build the Jeep Wrangler, Gladiator and Grand Cherokee will move from three shifts of workers to two because the company says it needs to limit sales of those vehicles to meet California emissions rules.



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Cox: Comedown from favorable market making dealers pessimistic

The return to more normal market conditions has soured auto dealer moods despite what remains a state of heightened profitability, according to the Q4 2023 Cox Automotive Dealer Sentiment Index survey.



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Tesla’s Dojo supercomputer head exits in blow to efforts

Tesla Inc.’s Dojo supercomputer project lead Ganesh Venkataramanan has left the company, according to people familiar with the matter, a setback to the automaker’s self-driving technology efforts.



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Wednesday, December 6, 2023

Fla. service customer lawsuit alleges shoddy repairs, tow damage

A service customer sued a Florida Mercedes-Benz dealership alleging his car was not properly repaired despite multiple efforts and was damaged after being towed to the store under the manufacturer's roadside assistance program. Reginald Powell filed the suit Oct. 11 against Crown Euro Cars in Pinellas Park and Mercedes-Benz USA.



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Ford says unlikely Mustang Mach-E EV will qualify for federal tax credits in January

The U.S. Treasury issued guidance last week detailing new battery sourcing restrictions that take effect Jan. 1 aimed at weaning the U.S. EV supply chain away from China. The current model Mach-E currently qualifies for a $3,750 federal tax credit.



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New leader of GM's Cruise acknowledges 'all-time low' amid safety review

General Motors’ Cruise autonomous vehicle unit has hit an “all time low,” said its new leader, while promising to restore trust with regulators and the public after the company pulled all of its vehicles from U.S. roads.



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Stellantis wants to void California emissions deal with rival automakers

The automaker seeks to "relieve Stellantis of the competitive disadvantages arising from our continuing exclusion and to preserve our ability to best serve our customers by fairly allocating our products to all states."



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Tuesday, December 5, 2023

Mercedes adds performance AMG CLE 53 to revamped coupe lineup

The swoopy two-door is powered by a 3.0-liter turbocharged inline six-cylinder engine and has a nine-speed paddle-shifted automatic transmission and standard all-wheel drive.



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BorgWarner CFO Kevin Nowlan to retire; Craig Aaron up next

Craig Aaron, BorgWarner's vice president and controller, will succeed Kevin Nowlan, effective March 1. Nowlan will remain with the company in an advisory capacity through April 1.



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Automotive News 2023 All-Stars celebration

The 2023 Automotive News All-Stars were recognized at a special event in Detroit.



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Monday, December 4, 2023

Detroit-based auto supplier Quality Team 1 files for bankruptcy

Quality Team 1, a Detroit-based vendor to Magna and other automotive suppliers, has filed for bankruptcy with more than $5 million in liabilities.



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GM’s Cruise threatened with fines over allegedly misleading regulators

Cruise LLC, the self-driving vehicle unit majority owned by General Motors Co., could face a fine for allegedly misleading regulators about an incident on Oct. 2 in which one of its cars dragged a pedestrian, according to a ruling filed Dec. 1.



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Piston Group’s bitter fight over minority certification heads to trial

A bitter, nearly three-year dispute between the country’s largest Black-owned automotive supplier and the nonprofit group attempting to strip its minority status is set for a trial likely to have significant business implications — whatever the outcome.



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Does Hyundai-Amazon deal make sense?

Cars Commerce CEO Alex Vetter insists his company's ability to sell cars trumps the scope of the Hyundai-Amazon pilot project.



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BMW lidar maker Innoviz graduates to Tier 1, CEO says

The Israeli company, which worked with Magna on technology for BMW's 7 Series with hands-off capability, says it is now pitching automakers directly.



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Sunday, December 3, 2023

Texas' ZT Automotive eyes dealership count of 50, 60

ZT Automotive, which rebranded from ZT Motors, is eying to expand its dealership holdings by five-fold in the coming years largely through acquisitions.



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Used EV models hurt by depreciation, data shows

Manheim auction statistics shared at the Auto Finance Summit show electric vehicles have more than doubled their presence on the wholesale market in the past two years. Unfortunately, used EVs are also collapsing in value, according to data.



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Saturday, December 2, 2023

Musk finally gets his sci-fi Tesla pickup but at a cost

CEO Elon Musk delivered on his promise to bring the science fiction-inspired pickup to life, but at a price much higher than promised four years ago when the Cybertruck was first presented.



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Friday, December 1, 2023

Live talk Wednesday at noon: CES 2024 preview

Join our LinkedIn Live talk as we preview the automotive technology expected to be showcased at CES 2024.



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