The Latest
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Courtesy of Volkswagen Group
Volkswagen advances restructuring plan that could cut 50K jobs
The company also plans to reduce its model portfolio by 50% by 2035, with the North American market shifting towards higher-margin vehicles.
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Courtesy of Jaguar Land Rover
JLR confirms 4,000 job cuts, citing ‘significant challenges’
The automaker is opening a voluntary reduction program for management and salaried employees, which it hopes will achieve the cuts within two years.
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Courtesy of Volkswagen Group
Volkswagen reshuffles execs, appoints new leader for North America
Marco Schubert was named a member of the Extended Executive Committee, starting Oct. 1, and will report directly to Volkswagen Group CEO Oliver Blume.
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Courtesy of Hyundai Motor Group
Hyundai building a ‘data flywheel’ to strengthen its SDV capabilities
Data collected from millions of vehicles globally will be used to accelerate Level 2+ autonomous driving capabilities and enhance AI-enabled in-vehicle infotainment systems.
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Courtesy of Jaguar Land Rover
2027 Range Rover Electric launches with $180K First Edition
The new flagship luxury SUV arrives a year later than planned but is ready for Tesla Superchargers and wading through nearly three feet of water.
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Courtesy of Toyota
Auto finance in Q2 reflects boom in hybrid sales
Hybrids are surging in popularity; their monthly payments are lower on average than EVs and internal combustion engine models.
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Courtesy of Motional
Hyundai to begin delivering robotaxis to Waymo in Q4
The companies are integrating Waymo’s autonomous driving technology stack into the Ioniq 5 electric SUV.
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Courtesy of Volvo Cars
Volvo’s global sales decline continues
The automaker’s sales show a 7.4% YoY drop on a rolling three-month basis, nearly double that of the previous period.
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Courtesy of General Motors
Unifor secures GM deal ratification amid frayed trade relations
While the new labor contract provides assurance for GM workers in Canada, plenty of uncertainty remains about what they’ll be building.
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Courtesy of Performance Brokerage Services
Utah-based dealership group acquires CDJR and GMC stores in Idaho
But new car sales are a small part of Mountain West Auto Group’s vertical integration.
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Courtesy of Stellantis
Stellantis appoints new Fiat CEO, shuffles execs for Europe
Arnaud Belloni returns to the group from Renault as CEO of Fiat while Xavier Peugeot takes on Jeep.
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Courtesy of Hyundai
Hyundai, Amazon Autos aim for international expansion
At this time the automaker and e-commerce tech giant's online sales partnership remains limited to the U.S.
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Courtesy of Lucid
Electrical issue prompts recall of 27K Lucid Air EVs
Nearly all of the Air sedans Lucid has delivered in the U.S. have been recalled for an issue with its lighting system — but a fix has already been pushed out over the air.
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Courtesy of Volvo Cars
Volvo cost saving prompts flagship tech hub closure
The automaker’s Stockholm office is set to shift most responsibilities to its Gothenburg headquarters.
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Courtesy of American Honda Motor Co.
Honda, Nissan to partner on standardized vehicle hardware and software
The electrical/electronic architecture and jointly developed ECUs and software are planned for the companies’ next-generation SDVs in fiscal year 2029 and beyond.
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Courtesy of Skoda Auto
Electrified powertrains drive EU new-vehicle registrations higher in July
Automakers with a strong portfolio of powertrain options beyond gas and diesel are topping the sales tables, according to Jato Dynamics.
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Courtesy of Ford Motor Co.
Ford names new president of subsidiary Ford Energy
Dave Carroll takes over from company veteran Lisa Drake, who is retiring from the automaker after a 32-year career.
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Courtesy of Rivian
Rivian CFO is stepping down
Claire McDonough will leave the role on Oct. 30 after spending six years at the fledgling electric vehicle maker, which has never turned a net profit.
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Courtesy of Boston Dynamics
Hyundai seeks to diversify revenue with its latest robotics acquisition
The company plans to expand its robotics testing and validation center tenfold by the end of the year and is looking to invest in U.S. commercial production.
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Courtesy of Hyundai
Hyundai targets sales growth by looking for whitespace
The automaker is finding opportunities by simply filling in its market gaps, with new model entries to include extended-range EVs, off-road SUVs and performance models.
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Courtesy of Lotus Cars
Lotus cuts YoY losses by 63% in H1 2026
The newly unified company sees a revenue boost from a cost-cutting business strategy and strong China sales.
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Courtesy of Volvo Cars
Volvo will enable new connected safety features in its EVs with OTA update
The automaker’s electric EX90, ES90 and XC60 models get four additional alerts and improved audio.
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Courtesy of Auto Exchange Chevrolet GMC
General Motors gives first-time dealers a chance to turn around troubled store
Alex Feldman and Michael Gitlevich refused to be discouraged when a broker told them no OEM would approve them as franchise owners.
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Courtesy of Walmart
Walmart’s own EV charging network picks up the pace with 100th station
Although off to a slow start in its self-branded EV-charging buildout, the retail giant plans thousands of locations and says they already span 20 states.
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Courtesy of Mitsubishi Motors
Mitsubishi confirms US-bound, Nissan-based pickup
The brand plans to shift from four models now to six by the end of 2027 — with a pickup and maybe an SUV in the works.
