The legislation aims to reduce catalytic converter thefts by requiring new vehicles to have the VIN stamped onto the converter, allowing law enforcement officers to link stolen parts to the originating vehicles.
NHTSA is seeking Tesla driver-assist documents as the automaker is under criminal investigation over claims its EVs could drive themselves.
GM Q4 net income rises 15% to $2 billion; revenue surged 28% to $43.1 billion; shares rise.
GM's adjusted profit in North America soared 69 percent in the quarter to $3.7 billion.
A deal to restructure the Renault-Nissan alliance gives Nissan more ability to do what it wants but for the French automaker the benefits of the revamp are potentially quite limited.
Deliveries of both trucks will start by the end of March, GMC officials said Monday.
Michigan appears poised to land the lithium iron phosphate battery project between Ford and China's Contemporary Amperex Technology Co. Ltd., but Ford has yet to confirm or announce such a project.
The 2022 result was the Japanese company's third straight year as the world's top-selling automaker.
Under the rebalancing, the automakers will increase their cooperation on EVs and launch new projects in Latin America, India and Europe.
Dealers are increasingly worried about the possibility of recession even as improving inventory levels have them more optimistic about the new-vehicle business in 2023.
The brand ended the year with 5.2 percent market share, up from 4.9 percent at the end of last year, according to data from Motor Intelligence.
Robyn Denholm: "If I believed that Elon was trying to mislead the public I would have stood down from the board."
Many dealers say high retail prices and rising interest rates create a one-two punch that will further discourage consumers concerned about affordability and potentially shut more of them out of the used-vehicle market.
Genesis will consider granting some flexibility on its expensive Keystone facilities plan to dealers who were hesitant to construct exclusive storefronts for the young luxury brand.
The automaker expects production to increase this year but that inventory will continue moving quickly off dealership lots.
The brand instead will require dealers to operate the stations largely just during business hours.
ADESA President John Hammer will exit the company less than nine months after its U.S. operations were acquired by online used-vehicle retailer Carvana Co.
The economy and supply concerns weigh on automakers—and fewer are using the game to push electric vehicles. Ford CEO Jim Farley “If you ever see Ford Motor Co. doing a Super Bowl ad on our electric vehicles, sell the stock.”
The intentions of Renault's Alpine brand to enter the U.S. market is a sign that things are changing at a post-Carlos Ghosn Renault-Nissan-Mitsubishi alliance.
Outgoing NADA Chairman Mike Alford says dealers will never be 'robotic agents of far-off manufacturers.'
The review is part of an ongoing Securities and Exchange Commission probe of the company’s statements about its Autopilot driver-assistance system, sources told Bloomberg.
Sen. Joe Manchin, D-W.Va., last week introduced legislation — dubbed the American Vehicle Security Act — that would amend the Inflation Reduction Act's consumer tax credit for new EVs so that the effective date of the required EV battery sourcing is no longer tied to Treasury's release of proposed guidance on the restrictions.
The automaker will focus on electrification and digitization. It expects to produce 1.3 million vehicles this year, resulting in a 25% increase over 2022.
While Cadillac and Buick are making dealers walk away if they don't want to sell EVs, Ford has allowed for more flexibility but received complaints from some state dealer associations.
A modern dealership should put people first and keep customer needs paramount, and technology tools can help store leaders get there.
Although Toyota leads when it comes to the sheer volume of cars it produces — expected to come in at 9.2 million units for the fiscal year that ends in March — it lags in the shift to electrification, a pivot spearheaded by Tesla.
Jack Hollis: "So what it means to us is, this is another friend of North America."
Jack Hollis, head of sales for Toyota Motor North America, says news that Koji Sato would succeed Akio Toyoda as Toyota CEO is great news for the automaker's North American dealers.
Koji Sato will be Toyota's next president and CEO, as Akio Toyoda, grandson of the company’s founder, steps up to become chairman.
Self-driving technology company Waymo laid off a "limited" number of employees this week, a company spokesperson said. The cuts from the Alphabet subsidiary came beyond the 12,000 employees cut by Google this week.
Deepak Ahuja revealed he wasn't apprised before Musk made his bombshell proposal.
Lynkwell will use the funds to build out its EV charging infrastructure across North America and scale up its operations and expand support services for existing and new charging network developers.
An analysis of late-2022 fueling costs by the Anderson Economic Group says midpriced ICE drivers are paying an average of 31 cents less than midpriced EV drivers charging at home.
Growing #1 Cochran Automotive entered a new state and added a new brand to its portfolio through two separate transactions.
Tesla's advanced driver assistance system Autopilot fell in a ranking of 12 major systems, Consumer Reports said.
Magna International and VDL Nedcar have joined BYD as possible bidders for the Saarlouis plant in Germany, which will have no new model when Ford ends production of its Focus compact car there in 2025.
Tesla CEO Elon Musk testified Tuesday that he intended to inform and not deceive shareholders when he tweeted in 2018 he had funding lined up to take the electric car maker private, which shareholders allege was a lie.
Dave Gardner, 62, American Honda Motor's executive vice president of national operations, will retire after a 34-year run. Mamadou Diallo, 48, vice president of sales over Honda and Acura, will assume a portion of Gardner's responsibilities.
Tesla is expected to report strong growth in revenue and net income last quarter, but analysts want to hear from CEO Elon Musk on what sharply lower prices will do for demand and gross vehicle margins for 2023 and beyond.
Ford is gauging interest from around 15 potential investors for its plant in Saarlouis, which builds the Focus compact car, the Wall Street Journal reported.
Dodge, Ram, Audi, Mazda, GMC, Volkswagen, Acura and Mercedes-Benz are all in the heat of a "nomad retention challenge" in the U.S., a new report from S&P Global says.
Labor representatives will meet with Ford's management on Saturday for the next stage of talks, with a decision on total job cuts expected by mid-February, the IG Metall union said.
Extra seating in the rear of the electric Ram Revolution concept could alter expectations of what a pickup is capable of and push rivals to carve out more passenger space as well.
Ford's plans to cut thousands of jobs, mostly in product development, triggered a union threat of Europewide disruption.
NHTSA said it conducted an in-depth investigation that included review of more than 6,500 consumer complaints from 2011-2017 model year vehicles and found no evidence of a safety issue. The investigation did find issues with dealers, government fleets and others modifying the Police Interceptor vehicles.
ZF will build the plant with Wolfspeed, a U.S. company that makes chips that can boost the range of EVs by as much as 15 percent with faster charging compared to conventional silicon chips, Bloomberg reported.
Dealership technology giant Reynolds & Reynolds will unveil an updated logo and a demonstrate a more flexible attitude at the NADA Show this week.
Electronic ink technology can digitally change a vehicle's exterior to an array of colors and patterns in near real-time, taking personalization to a new level.
Geoffrey Pohanka, the driving force behind NADA's "Guiding Principles on Evolving Business and the Dealer Franchise System," steps into the role of the group's council chair for 2023.
Tesla CEO Elon Musk played down how much impact his tweets have on the company's stock price, defending himself at a trial over his 2018 tweet about taking the EV maker private.
Mark Hollmer most recently wrote about insurance and mortgage industry technology for Insurance Business America and Mortgage Professional America.
Nissan's upcoming investment in Dechard is part of the company's buildup of a U.S.-based EV manufacturing hub.
A fourth GM battery factory likely will not happen with LG but could proceed with another partner, a source confirmed.
The Tesla CEO is scheduled to testify as early as Friday at the trial in San Francisco. In a pretrial ruling the judge handling the case determined Musk’s tweets were false and reckless – and instructed jurors to “assume” the same.
Upstart Auto Retail digital auto sales platform also will begin to offer dealership customers the ability to buy cars completely online.
By wrangling alternative semiconductor sourcing, building direct ties to chip makers and communicating more closely with suppliers, Toyota has gradually bolstered production plans.
Fresh funding for Outrider, a Colorado startup developing self-driving systems for truck yard operations, will allow the company to scale its technology faster and add employees both domestically and abroad.
Vicki von Holzhausen is offering automakers and Tier 1 interior suppliers a way to apply leather without harming a cow.
Rental car company Hertz Global Holdings has launched the Hertz Electrifies program — an initiative in partnership with U.S. city mayors aimed at streamlining the transition to electric vehicles.
The program consists of "five pillars," according to a statement released Thursday, including bolstering EV fleet numbers and charging infrastructure, education and job creation, expansive economic opportunity, community engagement and city planning analysis.
The role of EVs in the future of transportation is "why Hertz is investing in the largest electric vehicle rental fleet in North America," Hertz CEO Stephen Scherr said in the statement. The fleet includes Tesla, Polestar and General Motors models.
Hertz Electrifies is launching in Denver in partnership with Mayor Michael Hancock, bringing up to 5,200 EV rentals to the city and installing a mix of Level 2 and EV fast-charging stations at Denver International Airport and Hertz locations. The Denver arm of the program is a partnership site with BP Pulse, supporting the installation of public-access EV chargers in neighborhoods in the city.
Ride-share drivers will be able to make use of the program as part of its goal to expand economic opportunities, renting "electric vehicles with flexible contracts," according to the statement.
Additional elements of the program include community engagement, with the goal of increasing access to EVs and other vehicles in underserved areas, and support for educational opportunities in the EV field. This includes a partnership with the Denver Youth Employment program to offer summer jobs, as well as EVs, training and supplies for the auto certificate program at a local technical high school.
Through Hertz Electrifies, partnering cities will have access to telematics data from the Hertz fleet to use in charging infrastructure planning.
Alpine has aspirations to sell two models in the U.S., a midsize electric crossover and a larger, similar model, starting in 2027 or 2028.
Forum Mobility's $400 million joint venture with CBRE Investment Management is the latest zero-emission self-driving trucking deal with a real estate component.
Self-driving tech company Waabi gains a prominent new investor.
Four-year used-vehicle loans directly from banks will grow 1 percentage point to 7.8 percent, Bankrate's chief financial analyst Greg McBride predicted.
As the U.S. EV market expands, the federal government and industry players are looking to build out a domestic mineral supply chain.
Shell and other companies have been investing in EV charging infrastructure to cash in on the growing demand for EVs.
Finnish company Terrafame will supply the nickel sulphate for Stellantis’s EV battery needs.
The video, which remains archived on Tesla’s website, was released in October 2016 and promoted on Twitter by CEO Elon Musk as evidence that “Tesla drives itself.”
Carvana said it has adopted a "poison pill" to limit shareholders from increasing stake, making it difficult for the used car retailer to use its net operating loss (NOL) carryforwards to reduce tax.
Tesla cuts prices as much as 20 perent and customers are feeling duped.
Chevy says the car, arriving later this year, will be the quickest Corvette yet with a 0-to-60 mph time of just 2.5 seconds.
Ford will use its own technology for future electric cars after it has launched two EVs based on VW Group's MEB electric-only architecture.
Renault is seeking to allay Nissan's concerns about the treatment of intellectual property, including EV-related technology, as the two companies restructure their alliance.
Elaine Buckberg indicated Michigan is a prime contender for more battery plants as the automaker makes the mammoth transition to electric vehicles.
Automakers cut no additional vehicles from their 2023 worldwide production plans this week because of the microchip shortage, as they continue to assess how economic conditions will impact vehicle demand.
Employee morale has suffered profoundly over the past three years as auto industry troubles, including staffing shortages, production volatility and recession fears, weigh on the workforce.
Inventory levels rose sharply in December and crested 1.8 million for the first time since May 2021, according to Cox Automotive. While still constrained, a slower selling rate has helped dealership stocks return to something closer to normal levels, Cox said.
Proper Tooling makes moldings for headlights, taillights and grills for Tier 1 suppliers such as Grupo Antolin, NYX LLC and ABC Technologies.
Outside investors and entities have spent nearly half a trillion dollars chasing automotive innovations. Did they blow their money because of a bad assumption?
The decision means the high-stakes civil trial moves forward with jury selection next week. Musk argued the jury pool is biased against him.
The 356 dealers who enrolled in the program represent 88 percent of Lincoln's U.S. sales volume, the brand said.
Porsche and Lamborghini are among high-end brands that realize offering off-road variants of their supercars, and associated merchandise, can be very lucrative.
As automakers transition to selling mostly EVs in the U.S., the automotive workforce will have to evolve, panelists said at the Federal Reserve Bank of Chicago's 29th annual automotive insights symposium.
Tesla's price cuts range 6 percent for the base Model 3 sedan to 20 percent for the Model Y, putting the most inexpensive version of the crossover below the $55,000 price limit for the new tax incentive rules that took effect Jan. 1.
The small crossover uses a gasoline rotary engine as a power generator that helps give it an electric-only range of 53 miles.
Vice President Kamala Harris and Energy Secretary Jennifer Granholm were in Michigan for the Thursday conversation about climate policy.
Rising inventory numbers bode well for U.S. sales in 2023. But now the economy is worrisome and prices are too high.
The decision reflects CEO Ola Kallenius' focus on EVs, as the automaker moves away from combustion engine cars.
An expansion of Tesla Inc.'s plant in Shanghai has been delayed over data concerns that risk putting a roadblock in the way of the U.S. EV maker's ambition to keep growing in China.
Tata aims to accelerate Jaguar Land Rover's shift to electric cars by producing battery cells in Europe.
Canada and Mexico have won their challenge to the U.S. interpretation of content rules for autos under the new North American trade pact; a decision that favors parts makers north and south of the U.S. border.
Crain Volkswagen of Fayetteville says the establishment of Everett Volkswagen in Rogers encroaches upon its territory and is a violation of its franchise agreement.
China wants to control hydrogen, setting its sights on ruling another green market.
The automaker has hired Bryce Currie, formerly of Johnson Controls and TRW Automotive, to succeed John Savona.
China wants to control the hydrogen market, setting its sights on ruling another green market.
The company is aiming to sell its assets in Russia within the first half of this year, CEO Ray Scott said, adding that legal issues and other complexities have made the process slow moving.
U.S. auto safety regulators said in a landmark report that motor vehicle crashes are rising fast and cost American society $340 billion in 2019.
The support of the French state, Renault's largest stakeholder, removes a key hurdle to reshaping the automakers' decades-old alliance.
Virtual power plants pool together thousands of decentralized energy resources like electric vehicles or electric heaters controlled by smart thermostats.
The purchase is part of the analytic giant's E-Vision initiative, a program focusing on maximizing the company's EV data, analytics, insight and solutions.
Volvo will use Qualcomm computing power to make money from features such as audio content, navigation content and digital services.
Tom Zhu was brought to Austin to help run the company's newest plant, and is now overseeing global automotive production, sales and service.
A Dec. 31 tweet suggested drivers with more than 10,000 miles using Tesla's "Full Self-Driving" software system should be able to disable the "steering wheel nag," an alert that instructs drivers to hold the wheel to confirm they are paying attention.
Tom Zhu was brought to Austin to help run the company's newest plant, and is now overseeing global automotive production, sales and service.
Tom Zhu was brought to Austin to help run the company's newest plant, and is now overseeing global automotive production, sales and service.
Envision Motors acquires three Mercedes-Benz dealerships from Von Housen Automotive Group.
Transportation technology appeared tangible at CES. But the plodding nature of development means it might still be a decade away, or longer.
Videos connect customers with technicians to ease worries about unnecessary repairs.
The Treasury and Internal Revenue Service did not classify the Lyriq as an SUV, meaning its retail price cannot be above $55,000 to qualify for up to $7,500 in federal tax credits.
Videos posted on social media showed crowds at Tesla stores and delivery centers in other Chinese cities from Chengdu to Shenzhen, suggesting wider consumer backlash.
Forecasters expect modest growth in 2023 as economic headwinds like rising interest rates and sky-high transaction prices freeze some buyers out of the market.
U.S. Energy Secretary Jennifer Granholm said she thinks there is a sense of understanding from industry and consumer groups "about what the credits will entail and what will be eligible."
Illinois Automobile Dealers Association chief Joe McMahon told that dealers will appeal a court decision that favors the EV makers.
While the industry faces hurdles, including global economic headwinds, rising borrowing rates, mergers, bankruptcies and shutdowns, it remains one of the main features at the sprawling CES technology show.
The most popular EV in the U.S., the five-seat version of the Model Y crossover, was left off an early list of vehicles eligible for the new federal tax credit. CEO Elon Musk is asking Tesla fans to write the IRS.
Tesla cut electric vehicle prices in China for the second time in less than three months on Friday, stoking expectations for a wider price war for battery-powered vehicles in the world's largest auto market where demand has weakened.
Bommarito, who founded Bommarito Automotive Group more than 50 years ago and expanded it across the St. Louis region, died peacefully in his home in Naples, Fla.
As Qualcomm inks more deals with automakers, it's defining a new role as a supplier.
Tier 1 auto suppliers say they are pushing in new directions to evolve their technologies and products.
The subsidy accounted for around 3-6 percent of the cost of the best-selling electric vehicles in China last year, a Reuters analysis found.
A judge ruled that officials were correct in granting dealer licenses to the EV makers despite objections from the Illinois Automobile Dealers Association, which argued that direct sales by the startups should be halted.
The difference between the amount financed in an auto loan and what Credit Acceptance would pay a dealership represented a hidden finance charge, the New York Attorney General's Office and CFPB alleged.
Akio Toyoda had been due to attend trade events in Tokyo with leaders including Prime Minister Fumio Kishida.
The vehicle will begin North American deliveries in the spring of 2026.
The vehicle will begin North American deliveries in the spring of 2026.
Fiat is looking to roll out the metaverse showroom in France, Germany and the United Kingdom in early 2023.
The aircraft is optimized for trips of about 20 miles and has a range of up to 100 miles. The charging time between trips is about 10 minutes.
Microsoft is in talks to invest in Gatik, a California-based autonomous trucking startup, two people familiar with the discussions told Reuters.
U.S. auto sales are forecast to rise slightly in December, helped by moderately higher inventory levels and robust fleet deliveries, but cap a year that will see volume drop below 14 million to the lowest level since 2011.
Making new sedans sexy to consumers is proving to be an increasingly heavy lift in the U.S. market, so Volkswagen has settled on ensuring that the debut of its upcoming electric sedan at CES is "lit" — albeit temporarily — while giving the car a new name to go along with its unique camouflage scheme.
The German brand has redubbed what had been known as the ID Aero the ID7, a roughly Passat-sized sedan that will go on sale next year in the U.S. with what is expected to be VW's best range from its growing family of battery-electric vehicles. The vehicle on display, a production-intent version, is expected to be rated at around 700 kilometers (435 miles) of range in Europe under the continent's looser Worldwide Harmonised Light Vehicle Test Procedure regimen, the brand said. Range figures for U.S. versions have not been released.
VW said the ID7 will feature a 15-inch infotainment screen incorporating a "new display concept," along with digitally controlled automated air vents and an intelligent HVAC system that can detect an approaching driver with their key and begin to pre-cool or pre-heat the cabin as needed.
The vents then move to best cool the cabin as directed, aiming air straight at passengers or elsewhere. They also respond to voice commands, VW said. So if the driver tells the vehicle their hands are cold, the ID7 not only heats the steering wheel, but directs heated air at the driver's hands.
To draw attention amid the glitz of Las Vegas and CES, VW has created a camouflage scheme for the ID7 that uses conductive and insulating paint layers to make different regions of the vehicle light up on demand. The electroluminescent paint and wiring, which add about 70 pounds to the display vehicle, required 40 layers of paint, engineers told Automotive News prior to the Los Angeles Auto Show in November.
The ID7 body is split into 22 zones that can be lit or unlit individually, allowing for a rolling light show. Additionally, QR codes embedded into the camouflage direct users to a website providing more information about the ID7.
The German luxury auto brand begins procurement-mandated review in North America for creative, media, social and CRM.
Unlike prior agreements where prices are locked in, Piedmont’s deal with Tesla relies on a floating mechanism based on market prices, according to the statement.
The first phase of the 273-acre Motorsports Gateway Howell is expected to include a 2.2-mile driving track, clubhouse, rentable garages for members, garage condos for sale and a nature trail.
The Federal Trade Commission gave businesses and consumers until Feb. 8 to comment on its October concept for regulating bait-and-switch advertising and fees for worthless items.
Tom Zhu becomes Tesla's highest-profile executive after CEO Elon Musk, with oversight of deliveries in major markets and operations of key production hubs, according to an internal posting of reporting lines.
Ford was the first of the Detroit 3 to go to market with an electric pickup, the F-150 Lightning, but GM and Ram aren't far behind.
The application period for the Automotive News PACE Awards is shifting for 2023. PACE and PACEpilot applications will open in early June.
Through Dec. 19, Ford had issued 65 recalls affecting more than 8.6 million vehicles in 2022. The automaker says it's working to improve its launch and initial quality.
