Automotiv News
Mexico has prototypes for its own compact EV, President Claudia Sheinbaum says
The president didn’t name specific companies that could produce EVs, but said that Mexican manufacturers of motors will work together with researchers on potentially multiple models.
16 hours 44 minutes ago
Checkout newsFisker bankruptcy plan approved after deal on vehicle tech support
Fisker's bankruptcy plan was approved after a deal was reached on vehicle tech support.
1 day 16 hours ago
Checkout newsOpen Road Capital acquires 5 dealerships from Beyer Auto Group
For the first time, Open Road purchased dealerships without a partner.
2 days 7 hours ago
Checkout newsCelebrating the 2024 Best Dealerships To Work For
The country’s top dealers and store leaders gathered in Nashville Oct. 10 for a gala celebration.
2 days 8 hours ago
Checkout newsStellantis shuffle puts Jeep chief in crucial N.A. role
Dealers are looking to Antonio Filosa, who replaces Carlos Zarlenga as North America COO, for more help moving inventory that on many lots goes back to the 2023 model year.
2 days 8 hours ago
Checkout newsBrembo buys suspension maker Ohlins Racing for $405 million
Brembo is buying suspension maker Ohlins Racing for $405 million, in the premium brake maker's biggest ever acquisition.
2 days 8 hours ago
Checkout newsElon Musk reveals Hollywood vision for Tesla, but new budget model is a no-show
Musk presented an autonomous Cybercab for 2026 then a futuristic Robovan, but investors want to see a budget $25,000 EV that Tesla could start selling next year to boost volume.
2 days 10 hours ago
Checkout newsDaily 5 report for Oct. 11: Has the auto industry ever had more at stake in an election?
There's no question every facet of the auto industry will be impacted by the 2024 election.
2 days 11 hours ago
Checkout newsFla. dealerships reopen after Milton, though power outages pose problems
More than 2.2 million tracked customers in Florida still were without power the afternoon of Oct. 11, according to PowerOutage.us.
2 days 11 hours ago
Checkout newsTop 5 stories of the week: Stellantis executive shuffle; GM expects to pare EV losses
A quick look at the top automotive stories of the week as determined by reader interest.
2 days 12 hours ago
Checkout newsGM touts broad profitability to build investor confidence amid EV shift
CFO Paul Jacobson said GM expects flat financial results in 2025 even if pricing declines and that the automaker's outlook should inspire confidence about its earnings potential.
2 days 13 hours ago
Checkout newsInternational Motor Sports Association preps for growing roster of automakers and rising fan interest
The International Motor Sports Association had 18 brands competing in various series in the 2024 season. More automakers are set to join.
2 days 13 hours ago
Checkout newsAudi Tysons Corner named 2024 Best Dealership To Work For
The 2024 Automotive News Best Dealerships To Work For program includes new categories such as Best Single-Point Dealerships and Best Rural Dealerships.
3 days 3 hours ago
Checkout newsStellantis replaces North America COO, global CFO
Amid U.S. troubles, Jeep CEO Antonio Filosa is adding North American COO responsibilities to replace Carlos Zarlenga, whose next role will be announced later. CEO Carlos Tavares to retire in early 2026.
3 days 6 hours ago
Checkout newsToss-up election leads some companies to delay investment decisions until after November
Some companies in the electric vehicle supply chain are waiting to see the results of the Nov. 5 presidential and congressional elections before making final decisions on investment plans.
3 days 8 hours ago
Checkout newsNorth Carolina quartz mine crucial for microchip production restarts after Hurricane Helene
One of the miners of high-purity quartz crucial for microchip production resumed operations in North Carolina after having been shuttered since Sept. 26 because of Hurricane Helene.
3 days 8 hours ago
Checkout newsDaily 5 report for Oct. 10: The Toyoda family legacy; your guide to Stellantis' multiple challenges
Curiously, Toyoda's only son, Daisuke, now in his mid-30s, is working his way up the company's ranks.
3 days 9 hours ago
Checkout newsDonald Trump, in Detroit, says he would make interest on car loans tax deductible
He also said if elected, he will invoke a six-year renegotiation provision of the United States-Mexico-Canada Agreement that took effect in 2020.
3 days 9 hours ago
Checkout newsNew-vehicle inventory continues pullback to 2.78 million, Cox says
New-vehicle inventory levels pulled back in September to 2.78 million, down from 2.91 million the previous month, according to Cox Automotive.
3 days 9 hours ago
Checkout newsStellantis troubles pile up amid criticism from dealers, UAW, shareholders
Sales and earnings are down as the company wages a global cost-cutting crusade that has included layoffs, buyouts and engineering hires in low-cost countries.
3 days 10 hours ago
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