The factory is expected to begin production in 2025, and it will eventually supply electric vehicles and hybrids built in the region.
Continue Reading the above article 'Toyota to build U.S. battery plant, eventually loc...
If LMC Automotive analysts are right, next year will be another tough one for U.S. auto dealers, though there will be some signs of recovery.
Continue Reading the above article '2022 auto industry forecast: Chance of pain...
New-vehicle stocks shrank to just more than 915,000 last month, according to Cox Automotive, and could shrink even further despite cooling sales as production issues and supply shortages linger.
Continue Reading the above article 'Cox, LMC: Days' supply of inventory lowest since 1...
After a couple of weeks that saw production cuts totaling fewer than 10,000 vehicles each, North American factories lost 84,000 vehicles last week because of the ongoing worldwide shortage of microchips.
Continue Reading the above article 'The latest numbers on the microchip shortage: N.A....
Battery startup Our Next Energy closed its series A funding round, raising $25 million. BMW's venture-capital arm is among the participating investors, but not the most well known.
Continue Reading the above article 'Bill Gates, Jeff Bezos among supporters of Mich. s...
Dealers and a lawyer told Retail Forum: Dealer Discussion they expect the pace to continue well into 2022.
Continue Reading the above article 'Consolidation of dealerships unlikely to cool...
The narrow price gap between the SUVs could cause some attrition for the two-row model, but Jeep believes it can still come out ahead.
Continue Reading the above article 'Pair of Grand Cherokee models, with similar prices...
Jerry Romano, who started working as a technician three decades ago for the late dealer Louis VeDova, has fulfilled a dream to own his mentor's Hawaiian stores.
Continue Reading the above article 'How unusual deal helped a dealership general manag...
GM accused Fiat Chrysler of bribing union officials to reach an advantageous labor deal that ultimately hurt GM’s competitive position in its own 2015 bargaining pact.
Continue Reading the above article 'GM suit against Fiat Chrysler dismissed by Michiga...
Indicted former Nissan chairman Carlos Ghosn says he is stepping up the campaign to reclaim his legacy, calls Nissan "boring" and says its alliance with Renault is a "zombie."
Continue Reading the above article 'Ghosn ‘still in the game,' looking to rebuild re...