Latest activity
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CC.J. Moore posted the thread Online used-car retailer Shift Technologies plans merger with CarLotz in Latest Automotive News.Shift Technologies announced that it plans to merge with used-vehicle consignment company CarLotz. Continue reading...
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HHannah Lutz posted the thread GM CFO: EV profit, scale to expand as Ultium plants open in Latest Automotive News.Ultium Cells, a battery cell joint venture between GM and LG Energy Solution, plans to open its first plant this month. Continue reading...
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HHannah Lutz posted the thread GM requires Buick, GMC buyers to buy $1,500 OnStar subscription in Latest Automotive News.OnStar, GM's long-standing in-vehicle safety, security and connectivity service, had previously been an optional product sold for a...
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DDrew Goretzka posted the thread Kia recalls 257,998 Optimas over insufficient adhesive in Latest Automotive News.Kia is recalling Optimas from the 2012-13 model years after the discovery of insufficient adhesive on headliner plates. Continue reading...
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KKEIRA WINGATE posted the thread Sonic Automotive's EchoPark names VaynerMedia as its first agency of record in Latest Automotive News.Sonic's fast-growing used vehicle unit EchoPark plans social media push to 'identify the brand' after expansion. Continue reading...
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DDrew Goretzka posted the thread Foxconn continues EV push with electric tractor contract at Lordstown in Latest Automotive News.Foxconn, maker of the iPhone, pushes into electric vehicles with deal to build autonomous tractors at Lordstown factory. Continue...
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AAudrey LaForest posted the thread Biden signs bill aimed at boosting U.S. chip production, competitiveness in Latest Automotive News.The bipartisan bill provides more than $52 billion in government subsidies for U.S. semiconductor research, design and production...
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KKEIRA WINGATE posted the thread Sonic Automotive's EchoPark names VaynerMedia as its first agency of record in Latest Automotive News.Sonic's fast-growing used vehicle unit EchoPark plans social media push to 'identify the brand' after expansion. Continue reading...
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MMichael Martinez posted the thread Ford hikes F-150 Lightning prices; order bank to reopen for current reservation holders in Latest Automotive News.The entry-level Pro trim will see the greatest price increase, up about 17 percent, as Ford battles rising material costs that have...
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LLindsay VanHulle posted the thread CarGurus posts smaller Q2 profit on higher revenue in Latest Automotive News.The vehicle marketplace company said revenue more than doubled in the second quarter, led by growth in transaction volume linked to its...
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HHans Greimel and Naoto Okamura posted the thread Mazda pursues U.S. price hikes as profits plunge in Latest Automotive News.Mazda says U.S. demand for its vehicles is robust enough to support price hikes, as the company notches record-low incentives on crimped...
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AAutomotive News Breaking News Feed posted the thread Commercial EV startups are burning cash and in a race to deliver vehicles in Latest Automotive News.Boosted by investor hunger to create the next Tesla, commercial EV makers have raised hundreds of millions of dollars as they seek to...
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AAutomotive News Breaking News Feed posted the thread China set to sell a record 6 million EVs in 2022, group says in Latest Automotive News.The China Passenger Car Association raised its estimate after sales of new-energy vehicles more than doubled in July to account for 27...
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CC.J. Moore posted the thread Used-vehicle retailer Vroom to cut jobs as Q2 sales volume dropped in Latest Automotive News.Vroom Inc. said Monday it cut employment by 337 positions and sold far fewer vehicles in the second quarter. Continue reading...
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KKurt Nagl posted the thread Auto supplier Gissing North America files for bankruptcy in Latest Automotive News.Gissing is a subsidiary of a Chinese automotive supplier, and manufactures interior acoustic and cargo management systems. Continue...