Thursday, February 27, 2020

Pentagon reverses guidance on Military Lending Act rule

The change is a victory for dealers, many of whom effectively halted GAP sales to military customers for fear of running afoul of the rule.



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Canadian EV startup ElectraMeccanica plans U.S. assembly plant, technical center

The British Columbia-based automaker says it has narrowed its search to seven states and that the planned U.S. facility is expected to employ up to 200 people.



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Geneva show attendance dwindles as virus woes spread

As auto companies cut back on the number of executives attending the annual trade fair because of health concerns, the show's organizer said it is awaiting official guidance on whether public events should be canceled.



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Ford takes electric scooter unit for a spin outside U.S.

Ford, which acquired Spin in 2018 for an undisclosed sum, wants to help the scooter company engage with city governments and understand the environment in markets it wants to enter.



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Ford takes its electric scooter company for a spin outside U.S.

Ford, which acquired Spin in 2018 for an undisclosed sum, wants to help the scooter company engage with city governments and understand the environment in markets it wants to enter.



from Section Page News - Automotive News https://ift.tt/32xn4vT

Tesla’s China registrations plummet as holiday, virus deter buyers

While Tesla had bucked the trend in China’s waning electric-car market in the previous two months, the January drop shows the U.S. brand isn’t immune to the challenges the industry is facing.



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Aston Martin's finance boss to leave as losses deepen

The automaker predicted a decline in first-half revenue and said the market launch of its crucial DBX SUV was subject to any impact on the supply chain from the coronavirus outbreak.



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