2023 Electric Vehicle Race

Automakers are overturning their product plans to move ahead on electric vehicles. But some wonder — will it be enough to satisfy environmental regulators?

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Kansas Buick dealership faces 2 more lawsuits alleging hostile work environment, whistleblower retaliation

The new lawsuits were filed by former Brogden controller Lynda Cole and human resource specialist Brooke Nemechek.

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Craft Automotive to sell Honda, Hyundai, Stellantis dealerships to Carter Myers Automotive

Craft Automotive Group said it signed an agreement to sell three dealerships to Carter Myers Automotive. The transaction is slated to close in August.

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Tesla leads in luxury brand loyalty, and it's not slowing down, S&P Global Mobility says

Tom Libby: Tesla's internal loyalty rate "is an ominous, frankly, ominous trend for the rest of the industry."

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Ferrari to continue building internal combustion engines on its road to EVs

Although Ferrari's first EV will arrive in 2025 and the automaker already offers some plug-in models, the weight of batteries and an attachment to noisy, powerful engines are slowing the automaker’s shift.

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NHTSA wants more info from Honda in probe of 1.7M vehicles for alleged unintended braking

NHTSA launched the formal safety probe in February after receiving 278 reports alleging inadvertent activation of the automatic emergency braking system in 2018-19 Honda Accords and Honda CR-V compact crossovers.

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Group 1 sells Hyundai dealership; Ken Garff Automotive buys Subaru store

Group 1 Automotive sold a Hyundai store to a growing Canadian retailer expanding its presence in the U.S., while Ken Garff Automotive and Geaux Automotive added to their portfolios in second-quarter transactions.

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Union technicians strike Mercedes-Benz of San Diego

The dealership offered a 15.1 percent pay increase for master technicians and a 10 percent increase for certified technicians, plus annual raises after that.

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Union technicians strike Mercedes-Benz of San Diego

The dealership offered a 15.1 percent pay increase for master technicians and a 10 percent increase for certified technicians, plus annual raises after that.

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Toyota slows vehicle output

Toyota produced fewer vehicles in May than a year earlier but plans to increase production starting in July.

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Tesla lays off 200 Autopilot workers, report says

CEO Elon Musk caught workers by surprise earlier this month when he said layoffs would be necessary in an increasingly shaky economic environment. 

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Better freight data might be next step in lowering carbon emissions from supply chain

A report recommends the logistics industry strength its data standards, a move that might result in substantial reductions in carbon emissions, according to the Coalition for Reimagined Mobility.

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McGovern Automotive Group buys Stellantis dealership, its fifth acquisition of 2022

McGovern Automotive Group, founded in 2016, has expanded to 18 dealerships across three Northeast states.

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Cox lowers full-year forecast to 14.4 million vehicles

It's the second time this year Cox has lowered its sales forecast. It initially stood at 16 million vehicles, as the industry continues to struggle with a global semiconductor shortage that has upended supply chains and sapped dealer inventory.

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Lithia Motors buys 9 dealerships in Florida, Nevada

Lithia Motors in two acquisitions purchased eight dealerships in southern Florida and a Hyundai-Genesis dealership in Nevada.

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Tesla brings back 'Enhanced Autopilot' driver assistance

Tesla is once again selling "Enhanced Autopilot" after phasing it out in 2019. The $6,000 feature sits between standard Autopilot and the incomplete "Full Self Driving" beta software at $12,000.

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Hyundai, Kia raided in Germany over suspected diesel defeat devices

German officials have searched business premises at eight properties in Germany and Luxembourg in an operation coordinated by the European Union agency Eurojust.

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As Lucid opens stores, it will take pop-ups to other cities

Lucid is opening stores in major U.S. cities, but at the same time, it's taking its "Grand Tour" pop-up on the road to let more people take a test drive.

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Drivers want safeguard implementation alongside partial automation, IIHS survey shows

The IIHS says consumers want safeguards at the forefront for vehicles with automated technology such as lane centering, automated lane changing and driver monitoring.

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BMW, VW backed Northvolt moves forward with $12B battery IPO plan

A listing of Northvolt during the next two years is a “reasonable” expectation, the supplier says, although the company, which has a value of about $12 billion, has “no need from a funding perspective,” it added.

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Toyota eyes battery ‘circular ecosystem'

Toyota is the latest automaker to collaborate with battery recycling company Redwood Materials as it works to provide a more sustainable battery supply chain for its electric vehicle push.

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Gas prices not denting demand for new cars

Experts say a significant improvement in the fuel economy of most internal-combustion vehicles, including large trucks and utilities, means consumers aren't feeling the need to switch to smaller options.

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CarMax sales fall, but it holds onto per-vehicle profit

CarMax Inc., like other major players in the automotive retail world, finds itself trying to maneuver through a year hampered by sunken buyer confidence.

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Here's the Automotive News 2022 list of top suppliers

Sales revenue at the world's largest parts suppliers bounced back significantly from 2020, even surpassing 2019 results in many cases. But beneath those numbers, suppliers are feeling the pinch.

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The latest numbers on the microchip shortage: Europe, N.A. suffer biggest hits

Hopes that the microchip shortage was easing off are proving premature. In the past 60 days, AFS has increased its forecast for lost 2022 production by 800,000 vehicles.

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Pandemic, supply woes still hammering Toyota production

Toyota's slowdown expands the count of lost production to some 400,000 vehicles in the fiscal year finishing March 31, 2023. Despite the fall back, Toyota is keeping its production goal unchanged at 9.7 million vehicles for the full fiscal year, an all-time high if achieved.

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Q1 buy-sells tracking on same busy pace as '21

Dealership buy-sell activity in the first quarter of 2022 was similar to that of the same period in 2021, according to data compiled from industry experts and Automotive News.

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Supplier Toyota Boshoku sees quadrupling of sales through self-driving pod car interiors

Toyota Boshoku, the automaker's main seating and interior supplier, is answering the call for future robotaxis and drone delivery docks.

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Ford F-150 Raptors, Mustangs targeted by thieves at Detroit-area plants

Thieves made off with 13 F-150 Raptors and six Mustangs from factories in the Detroit area this month.

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2023 BMW 7 Series brings down the house with ‘Theater Screen’

A pair of electric motors and articulated rails control the orientation of BMW's 31-inch rear-seat infotainment display.

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VW loses 2 EV execs as ID4 production begins

Former Tesla execs Matt Renna and Dustin Krause had been with VW since 2018, joining as the automaker prepared to sell EVs in the U.S. They departed in spring for jobs with EV startups as the German automaker begins producing ID4s in the U.S. for the first time.

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CarMax used-car sales down again in latest quarter amid inflation, affordability woes

The company retailed a total of 240,950 used vehicles in the quarter ending May 31, down 11 percent from the same time last year. Comparable store used-vehicle sales also fell 12.7 percent.

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Silicon Valley car dealer embraces a tech giant culture

Del Grande dealer group thrives in Silicon Valley by embracing the area's tech culture. The family enterprise invests in training, compensation and the perks expected in the California enclave.

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Genesis Electrified G80 launch delayed

Genesis' Electrified G80 battery-powered sedan will go on sale later than expected. It will offer combined output of 365 hp and 282 miles of range on a single charge.

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2 EV execs exit as VW ID4 production begins

Former Tesla execs Matt Renna and Dustin Krause had been with VW since 2018, joining as the automaker prepared to sell EVs in the U.S. They departed in spring for jobs with EV startups as the German automaker begins producing ID4s in the U.S. for the first time.

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Polestar 5, with 884-hp, has Porsche in its sights

When it arrives in 2024, the dual-motor, 800-volt battery-powered Polestar 5 sport sedan will rival Porsche's Taycan, the aging Tesla Model S and Lucid, Jaguar and Mercedes-Benz EVs.

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Kia granted injunction to halt sale of California dealership

Kia America Inc. won a preliminary injunction against Rally Auto Group and would-be purchasers Alam Khan and his Dalia Auto Group. A federal judge in California found a likelihood of consumer confusion if Rally and Dalia continued to use Kia's trademark and other intellectual property.

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Japanese supplier Marelli enters court-led reorganization

Marelli is seeking the cancellation of about 450 billion yen ($3.3 billion) in debt out of total obligations of about 1.13 trillion yen, as part of a wider restructuring, sources say.

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CarLotz shutters 11 stores as it realigns for profitability

The used-vehicle consignment company, in announcing the move this week, blamed vehicle sourcing snafus and said it needed to preserve cash.

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Kia granted injunction to halt sale of Calif. dealership

Kia America Inc. won a preliminary injunction against Rally Auto Group and would-be purchasers Alam Khan and his Dalia Auto Group. A federal judge in California found a likelihood of consumer confusion if Rally and Dalia continued to use Kia's trademark and other intellectual property.

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Auto supply chains brace for a very different future

After decades of offloading low-value production and producing the same old technologies, the industry is transforming the supply chains that bring it all together.

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Automotive safety supplier Veoneer being prepped for sale, report says

The radar and active safety systems specialist, which was spun off by Autoliv in 2018, is expected to attract interest from rival automotive suppliers as well as some buyout firms.

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Congressional watchdog to study automotive ‘right to repair' issues

The action comes after Rep. Jan Schakowsky urged the U.S. Government Accountability Office to examine "federal agencies' efforts to ensure consumers' right to repair" with respect to light-duty cars and trucks.

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Spitzer acquires Ford and Chevy-GMC dealerships

Spitzer Management, which does business as Spitzer Autoworld, purchased two domestic-branded dealerships to expand its portfolio in Pennsylvania.

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Dodge poised to promote electrified future

Dodge plans a series of product announcements from Aug. 15 to 17 in the lead-up to suburban Detroit's Aug. 20 Woodward Dream Cruise.

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Toyota, Subaru recall EVs over risk wheels could come loose

Toyota’s recall includes 2,200 vehicles that were earmarked for Europe, 260 for the U.S., 20 for Canada and 110 for Japan, the automaker said.

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Toyota cuts Uber stake in half

Toyota has cut its stake in Uber roughly in half, after the ride-hailing company divested the autonomous driving unit.

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Einride gets NHTSA approval to operate self-driving trucks on U.S. roads

Swedish autonomous-truck startup Einride has received regulatory approval to operate its vehicles on public U.S. roadways and will begin doing so this year, the company said Thursday.

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Victory Automotive Group buys Honda, Ford-Hyundai-Toyota dealerships

Victory Automotive Group, one of the largest privately owned dealership groups in the U.S., made its first acquisition since December 2021.

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Ford to end car production at German plant, will seek 'alternative opportunities' for operations

The automaker has no plans to replace Focus output at its factory in Saarlouis, Germany, in 2025. Instead, the company will seek "alternative opportunities" for the facility, Ford of Europe Chairman Stuart Rowley said.

 

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