The Latest
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Courtesy of Volkswagen
Used vehicle price increases begin to slow as shoppers eye older cars
EVs remain the outperformers though, even as a flood of them returns from lease, according to Manheim's latest used-vehicle value index.
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Permission granted by aPriori
Sponsored by aPrioriWhy EV cost overruns start long before sourcing
EV cost targets are locked in design. Procurement usually inherits them at the quote stage.
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Courtesy of Ford
Ford invests $1B in its key Kentucky plant for truck, SUV production
The new paint shop for Ford’s highest-revenue assembly plant will boost efficiency, the automaker said.
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Courtesy of Horse Powertrain
Horse Powertrain opens first US office in Detroit
The powertrain company said it can help automakers cut costs amid rapidly changing consumer demand.
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Jeff Schear via Getty Images
Why Hyundai is raising its local sourcing goal in North America
The company plans to source 80% of parts for vehicle manufacturing in the region from local suppliers by 2030, President and CEO José Muñoz said.
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Courtesy of Scout Motors
VW Group plans more ‘rugged vehicles’ for US amid sweeping restructure
Volkswagen says concentrating investment on fewer models globally will enable it to achieve higher volumes for individual vehicles, reduce costs and create greater economies of scale.
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Courtesy of Polestar
Polestar’s EV concept teases new design language
The brand says its Formula 2030 concept, recently teased in a preview photo, will share design features with Polestar 2 and Polestar 7 models.
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Courtesy of Ford Motor Co.
Transportation secretary urges Ford to cut technology ties with China
In a letter to Ford CEO Jim Farley, the DOT said it remains “deeply alarmed” by the automaker’s continued reliance on licensed technology from China-based battery manufacturer CATL.
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Courtesy of Ford Motor Co.
Affordability issues, sales outlook damp dealer optimism in Q3
In Cox Automotive’s latest survey of sentiment, dealers cited affordability pressures, rising inflation, higher interest rates and economic uncertainty as key factors for what amounts to a decline.
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Courtesy of Tesla
Tesla faces federal probe over Cybercab rollout
The EV maker hasn’t played by the administration’s own exemption rules or shown why its robotaxi is better without mirrors, pedals, or a steering wheel.
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Getty Images
Carvana’s Stellantis dealers compete for nationwide sales
It’s created a service gap that represents an opportunity for other Chrysler Dodge Jeep Ram dealers.
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Chip Somodevilla via Getty Images
Trump escalates Canada trade war with new tariffs, import bans
The new measures include an import ban on certain motorcycles, mopeds and cycles, as well as changes to the existing tariff list.
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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.
