Aumovio, Continental's former autos unit, has received an exemption from China's ban on Nexperia chip exports. The German government said it is hopeful that other individual permits will quickly reach ...
The federal budget tabled Nov. 4 made no mention of EV rebates. That is despite repeated pledges by cabinet ministers this year about bringing back consumer incentives after the iZEV program ran out ...
Several major auto suppliers — including Forvia, American Axle & Manufacturing, Lear and Adient — are skipping CES this year, while Magna has scaled back its presence.
OPmobility, formerly called Plastic Omnium, will be led by Felicie Burelle, a member of the founding Burelle family, until a new CEO is appointed.
Musk told investors Tesla’s growth depends on Optimus humanoid robots, Cybercab robotaxis and boosting vehicle production as autonomy nears.
The automaker cut its full-year forecast by 21 percent as EV costs and the chip shortage at Nexperia also weighed on profits.
New-car sales in Germany remain below pre-pandemic levels as automakers retreat from the budget segment, and dwindling buying power has shifted demand to the used market.
If the bankruptcy court judge sides with holdout creditors and rejects the financing package, a company lawyer said “it’s game over” and the firm will liquidate.
GMC in St. Clair County, Mich. reopened for vehicle sales Nov. 6 after the state briefly suspended its license.
Production of the vehicle has been indefinitely idled as Ford deals with the fallout from a September fire at a supplier plant.
Renault’s retro-styled minicar will cost less than €20,000. It will challenge the Citroen e-C3, Hyundai Inster and Leapmotor T03.
Bentley's profit fell 62 percent through September after the brand was hit by costs from Porsche's cancellation of its new software technlogy platform.