SAIC's MG brand launches new EV leasing offer in France

The deal, from July 1 through to August 31, is available in conjunction with MG Motor's French banking partner, Credit Agricole Consumer Finance.

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Xpeng prices crossover below rival Tesla Model Y

Xpeng is pinning hopes on the new crossover to help turnaround sales, after the company reported lackluster May deliveries.

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New generative AI software targets dealerships and automakers

Impel's new Chat AI tool is in the same technology family as ChatGPT. Impel says its version, aimed at dealers and automaker customers, is customized in a number of ways.

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Lithia unloads Toyota Ford and Bentley-Lotus dealerships

Lithia Motors, fresh off two June acquisitions, sold three U.S. dealerships this month, including one it had just purchased.

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VWs Electrify America to add Tesla chargers to vast network

The decision by the charging company majority-owned by Volkswagen is significant because Electrify America is the closest North American competitor to Tesla’s Supercharger network.

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Audi's new CEO Gernot Doellner must tackle these 5 problem areas

Audi's new boss Gernot Doellner must tackle issues including brand perception, a lack of new product and the slow modernization of EV plants.

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Audi names new CEO to replace Markus Duesmann

VW Group strategy chief Gernot Doellner will take over from Duesmann on Sept. 1, Audi said.

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Toyota's May global sales jump 10% on domestic growth and more supplies

Toyota Group sold 838,478 vehicles globally last month, compared to 761,466 vehicles in May 2022, when sales took a heavy hit from a parts shortage.

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Plug a non-Tesla into a Supercharger? It's not so simple

GM, Ford, Rivian and Volvo — and other automakers contemplating making the switch — face challenges in designing and engineering their vehicles to be compatible with Tesla's charging network.

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Ferrari adds powerful SF90 Stradale derivatives

The SF90 XX Stradale coupe and SF90 XX Spider roadster are aimed at wealthy customers looking for an extreme performance track car that can also be driven legally on the road.

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Automaker group says EPA's proposed vehicle emissions rules are unachievable

The Alliance for Automotive Innovation said the EPA's proposed rule is "so stringent" that it is "a de facto battery-electric vehicle mandate."

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Mercedes-Benz addresses Level 3 legalities; lawyers say uncertainty lingers

Mercedes-Benz says "well-established legal systems" should determine whether the company is liable for crashes and other incidents that may arise from use of its Drive Pilot system. Whether human drivers bear some liability remains a key legal question.

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Lordstown CEO says he was ghosted by Foxconn unit a year before collapse

Lordstown has filed for bankruptcy after struggling to build its electric trucks and failing to consummate a partnership that would have made it the engineering arm for Foxconn’s U.S. EV operations.

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Lucid CEO says Aston Martin EV tech deal is just the beginning

Lucid will pursue more deals to sell its luxury electric vehicle equipment as it looks to grow its technology supply business,

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How Stellantis made its quality gains and keeps them going

After years of subpar showings, Stellantis' Dodge, Ram and Alfa Romeo brands topped J.D. Power's Initial Quality Study. Outgoing customer experience head David McDonald says factory engineers routinely visit dealerships, and each plant has a "control tower" for quality.

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Nissan promotes French executives after COO Gupta's exit

Nissan will share the responsibilities previously carried out by Ashwani Gupta among other executives.

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Small trucks lacking in rear-seat passenger protections

The IIHS crash tested five small pickups. All five earned good front-seat safety ratings but rear-seat safety systems were found lacking.

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5 cool things about Kia's new EV9 electric crossover

Kia wants its new EV9 electric crossover to move the brand image up-market while reeling in customers from rivals. The roomy interior should land the EV9 on plenty of shopping lists. So should its 800-volt charging, 99.8-kWh battery option and all-wheel-drive layout.

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AutoZone's long-time CEO Rhodes to step down next year

AutoZone Inc. CEO Bill Rhodes will step down in January next year after leading the company for more than 18 years,

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Ex-Audi CEO Stadler fined $1.2M avoids jail in VW diesel trial

Rupert Stadler is the first VW Group board member to be sentenced in Germany in connection with the 2015 diesel-rigging scandal.

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Nissan board backed by shareholders amid leadership turmoil

Nissan's annual meeting took place amid new ructions for the automaker's management after chief operating officer Ashwani Gupta left the automaker.

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U.S. consumer interest in EVs gains but still trails other nations

Americans' willingness to buy EVs grew 15 percent, a margin higher than consumers from EV-leading countries, according to a study by EY.

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U.S. consumer interest in EVs gains but still trails other nations

Americans' willingness to buy EVs grew 15 percent, a margin higher than consumers from EV-leading countries, according to a study by EY.

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Ford poised to begin next round of salaried job cuts

The automaker is cutting engineers in all three areas of its business, EVs, traditional internal combustion-engine models and commercial vehicles, said a company spokesman. The workers will be informed Tuesday and Wednesday.

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AlixPartners outlook warns of Chinese EV competition 'ICE melting'

Pent-up demand may temporarily buoy demand, but the ICE age is ending, AlixPartners predicts. EVs are in, and Chinese brands are ready to compete for market share.

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GM signs deal with Australian supplier for EV battery raw materials

GM will provide an $85 million loan to help supplier Element 25 fund construction of a $290 million facility in Louisiana to produce manganese sulfate. Production is expected to begin in 2025.

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Chevy Silverado EV fleet sales start soon; price of base model raised

Economic and supply constraints have affected pricing of entry-level version launching in 2024, originally set at $39,900 before shipping, Chevy said.

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Renault's Alpine F1 team gets investment from Hollywood actors

A group of investors, including the investments arm of U.S. actor Ryan Reynolds, has put $218 million into Renault's Alpine Racing division.

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Rivian expands mobile service with fleet of heavy-duty vans

The mobile service van is the same large commercial van it makes for Amazon.

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9 Stellantis plants aim for carbon neutrality

Nine plants in Michigan have saved $1 million since instituting the energy efficiency measures in 2021.

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Eaton to invest $22.5M in Michigan electrification research lab

The 10,000-square-foot lab for testing of powered electronics and high-speed dynamometers represents another injection of jobs in Marshall, Mich., as Ford plans a $3.5 billion battery plant and create 2,500 jobs in the community.

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GM service tech training program grows

One reason for the bump may be the impact of a marketing campaign that aims to change the image of auto repair as a career.

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NHTSA probing Ford over Explorer recall for power loss

NHTSA said it received two complaints alleging a loss of power or transmission torque of the rear wheels in Explorer vehicles that had received the recall fix.

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Washington state plans to mandate Tesla's charging plug

Washington state plans to require electric vehicle charging companies to include Tesla's plug if they want to be part of a state program to electrify highways using federal dollars, an official told Reuters on Thursday.

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Nissan investigates claims CEO put COO Gupta under surveillance

The investigation comes amid claims of a split in senior management over Nissan's relationship with Renault and concerns about transfers of intellectual property to the French automaker.

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Toyota tackles Tesla trauma with radical EV production overhaul

Toyota is modernizing its famed production system to take on Tesla in the EV era with a slew of new manufacturing technologies that will debut in just a few short years.

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How certified used-vehicle program helps set this Kansas group apart

One dealership group's long-established used-vehicle certification program has proved helpful as customers faced with tighter new-vehicle options search for the next-best vehicle — in addition to providing boosts to its service and parts and finance departments.

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Suppliers hit big hurdle in quest to bring manufacturing closer to home

While commodity, freight and energy prices have mostly come back down to earth since post-pandemic spikes, elevated labor costs and worker shortages remain a pain point for the supply chain.

 

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Ford planning more salaried job cuts

Ford is expected to cut jobs in multiple business units as soon as next week. The cuts are said to be smaller than previous rounds of layoffs.

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CarMax's Q1 net income slips 9.5% amid vehicle affordability issues falling consumer confidence

The retailer reported net income of $228.3 million in the three months ending May 31, down 9.5 percent year-over-year, with net revenue dropping 17 percent to $7.7 billion.

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Lithium producers warn global supplies may not meet EV demand

At stake is the pace with which electric vehicles could displace internal combustion engines — a key goal of the green energy transition.

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Audi's EVs and RS cars will revive brand VW Group CEO says

Audi has "huge opportunities" with an upcoming product fireworks starting in 2024, VW CEO Oliver Blume said.

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Fisker expects to launch China output as early as 2024

In a recent visit to China, Fisker’s leadership team held talks with officials and business leaders in Shanghai about supply chains, logistics, warehousing and future product development.

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Kodiak Robotics intends to equip 800 trucks with self-driving systems in 2025

Kodiak Robotics will outfit a fleet of 800 commercial trucks with its self-driving technology system, the Kodiak Driver, for Loadsmith, a third-party logistics and brokerage company.

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Infiniti pushes showroom redo ahead of product revamp

Infiniti's future showrooms will be bright and airy, with lounge-like seating and premium furnishings.

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U.S. traffic deaths down in 2023 even as more miles are driven

NHTSA estimated 9,330 people died in vehicle crashes in the first three months of the year, down 3.3 percent from the same period in 2022.

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For EV batteries lithium iron phosphate narrows the gap with nickel cobalt

LFP has sparked new interest especially in the U.S., where a clutch of domestic and overseas manufacturers has pledged more than $14 billion in new production facilities.

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Legacy parts makers and newcomers are shifting to an EV supply chain

Suppliers are spending big money on new projects to build components for electric vehicles and the batteries that power them.

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Promising EV brands struggle this year despite strong U.S. market

Rivian, Lucid, Nissan, Porsche and Cadillac are among brands with relatively weak numbers, according to four-month registration data from Experian.

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More Americans are getting auto loans that exceed the worth of their cars

Used car loan-to-value ratios increased to 125 in the first three months of this year from 104 for the same period in 2021.

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Tesla wins as Texas requires state-backed charging stations to include its plug

Texas — home to Tesla's headquarters and a new car factory complex — is the first state that will mandate Tesla's charging technology.

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Tesla extends reign of American Made Index

Cars.com released on Wednesday its annual American Made Index. Tesla took the top four spots, with VW, Honda and Acura vehicles also making the top 10. Supporting U.S. jobs remains important to consumers despite harsh economic conditions, a Cars.com consumer survey found.

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Stellantis Foxconn form auto chip JV

The joint venture, called SiliconAuto, will supply Stellantis, including its new 'STLA Brain' electronic and software architecture, Foxconn and other customers, the two companies said.

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Rivian cuts deal with Tesla for Supercharger access following Ford GM

Rivian owners will gain access to 12,000 Supercharger connectors next year and incorporate Tesla's North American standard charge port into Rivian vehicles starting in 2025.

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Cadillac Escalade IQ to be unveiled Aug. 9 in N.Y.

The electric Escalade IQ will be built at the automaker's Factory Zero EV assembly plant in Detroit.

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Toyota unleashes generative AI to meld vehicle design with engineering principles

Toyota Research Institute executives said Tuesday they've developed a generative AI technique that ensures early design sketches incorporate engineering parameters.

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U.S. lawmakers will press auto CEOs over China supply-chain links

Four lawmakers are concerned about Ford’s partnership with Chinese auto battery manufacturer Contemporary Amperex Technology Co. Ltd., and auto companies’ dependence on China more broadly.

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BorgWarner acquires EV charging business in Italy for about $80 million

The acquisition target is expected to generate about $27 million in revenue this year, and BorgWarner expects to grow sales to $273 million by 2027.

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Tesla offers fresh discounts free Supercharging in end-of-quarter push

The EV maker is offering discounts of about $7,500 on Model S sedan and Model X crossover inventory models, plus three years of complimentary charging

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NHTSA opens probe into Hyundai Ioniq 5 after reports alleging power loss

NHTSA said it received 30 complaints from U.S. vehicle owners, many of which reported a "loud pop noise followed by a warning displayed in their dashboard" and immediately experienced a reduced or total loss of motive power.

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Why Deborah Wahl left GM; whats next for the former CMO

The longtime automotive marketer discusses her General Motors tenure, her new appointment to the board of ad tech player ActionIQ, why she hasn’t gone to Cannes much—plus, what was her favorite campaign over her career?

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Level 3 presents a complicated 'mushy middle' in automated driving

Can motorists read a book while using Mercedes-Benz's new Level 3 automated driving system? Text friends? Watch TV? Level 3 brings many questions and legal risks, experts say.

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California GAP law: Dealers quick to comply

Forty-six percent of California car sales in December 2022 with GAP would not have complied with an impending state cap on the price of the coverage to 4 percent of the amount the borrower financed.

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Snoop Doggs custom Cadillac is now a centerpiece at a Texas dealership

The car was customized by rapper Snoop Dogg and appeared in 50 Cent's 2003 music video "P.I.M.P. Remix."

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Digital retail could hurt dealer F&I revenue

75 percent of vehicle gross profit at Tim Dahle Nissan Southtowne near Salt Lake City is generated from F&I sales.

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Commentary: Detroit auto show poised to disappoint again

This month, the Detroit auto show beat back whispers of its potential demise with a bold press release promising that September's event would have 'double the number of brands participating.' That's not true.

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Rivian will try selling its electric trucks outside its Illinois factory

The switch in sales tactic is an unusual break for the EV maker, which is trying to sell an excess stock of trucks.

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TrueCar overhaul targets faster results

TrueCar's board grew impatient with the pace of innovation and anemic revenue under Mike Darrow's leadership and moved to appoint a new CEO, analysts say.

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Rivians SUV production is outpacing pickup truck volume

The Irvine, California-based EV maker has faced manufacturing setbacks with its debut models, but expects to build some 50,000 vehicles this year, double its production volume in 2022.

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Vietnam EV maker's loss widens ahead of U.S. SPAC listing push

VinFast's net loss widened to 14.1 trillion dong ($599 million) in the first quarter ahead of a bid by the Vietnamese electric-vehicle maker to go public in the U.S. this year.

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Stellantis limiting shipments of gasoline vehicles to 14 states

Stellantis says dealers in the states following California's emissions guidelines can only get gasoline vehicles ordered by customers. Dealers in other states no longer are receiving any plug-in vehicles without a customer order.

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2024 Acura Integra Type S new halo for the brand

Acura's Integra Type S carries forward the spirit of the now-retired NSX, but at a price point attainable to a wider set of buyers.

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Supplier Shiloh to shut down Detroit area plant lay off 107 post-bankruptcy

Union President Michael Baumann said he recently negotiated exit packages for represented employees. He said he thinks mismanagement doomed the plant, though he believes the severance agreements were fair.

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Baxter Auto Martin Management and AutoNation among Q1 Q2 dealership buyers

Three auto retailers ranked on ' top 150 dealership groups list completed first- and second-quarter acquisitions, while a regional group bolstered its presence in Ohio in February.

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New upheaval at Nissan as COO Ashwani Gupta leaves

Gupta was charged with leading the company’s fitful recovery plan in the wake of former Chairman Carlos Ghosn’s arrest and unraveling relations with Renault. While Gupta managed to stabilize profitability, global volume remains far below levels seen in the Ghosn era.

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Mercedes Vision One-Eleven EV concept straddles past and future

The Vision One-Eleven, inspired by the C 111 series of experimental sports cars from the 1960s and '70s, features a next-gen e-motor and battery tech.

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Musk to meet Macron in Paris to talk Tesla investment

France has been catching up with other European nations in its goal to become a hub for the electric vehicle industry, thanks to generous subsidies and a more business-friendly environment.

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Toyota Chairman Akio Toyoda tests high-performance full-electric sports car

The only thing missing from the electric prototype is "the smell of gasoline," Toyoda said.

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Auto File: Toyota's electric pivot

The new strategy is the output of a year-long review during which senior executives came to grips with the fact that Tesla, not Toyota, is now setting the pace for vehicle and manufacturing technology.

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VW brand will reduce lineup shake up production to boost earnings

VW brand will streamline its lineup to focus on volume models and share more production with other group brands to boost profitability.

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Automotive groups ask FTC for swift enforcement of counterfeiting law

In a letter to FTC Chair Lina Khan, the Alliance for Automotive Innovation, MEMA and the Automotive Anti-Counterfeiting Council said significant investments and innovations directed at improving vehicle safety in the U.S. are being thwarted by the use of counterfeit auto parts, which are being sold to consumers through third-party marketplaces.

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San Francisco sets U.S. EV uptake record

The San Francisco metropolitan area became the first major U.S. metropolitan area to see EVs reach 50 percent market share. The area's demographics match those of EV buyers nationally, making it a prime location for EV demand, S&P Global Mobility says.

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UAW Clarios reach new tentative agreement at striking Ohio battery plant

The UAW has reached a new tentative agreement with the Ford- and GM-supplying Clarios battery plant where about 400 members have been on strike since May 8. Members will vote on the agreement on Friday.

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Increased incentives expected as year goes on depending on brand

Incentives reach yearly high in May, according to Kelley Blue Book. Analysts expect incentives to grow with certain brands that experience high inventory in the second half of 2023.

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EV range falls while carrying heavy loads AAA study finds

AAA's study found range dropped 25 percent for a Ford F-150 Lightning loaded with 1,400 pounds of sandbags.

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Toyota shareholders vote down climate resolution back board

Toyota has become a target in recent years for activists and green investors who said it has been slow to roll out EVs.

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Tesla taps brakes on job ads after Musk clamps down on hiring

The small dip in ads on its website demonstrates the electric car maker's efforts to control costs amid a price war, while balancing a need to grow its workforce as it races to meet lofty growth targets.

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Even California needs to step up on EVs, Kia urges

California's ambitious goal to ban sales of all new gasoline vehicles by 2035 has automakers hustling to built electric vehicles, but ambitious EV producer Kia says the state isn't ready for the widespread electrification it envisions.

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Shyft Group CEO Daryl Adams to step down

The decision is the result of a "careful and thoughtful leadership transition process," the company said.

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EV tax credit laws must be followed, Manchin tells Treasury

Sen. Joe Manchin, who chairs the Senate Energy and Natural Resources Committee, said proposed guidance released by Treasury in March "deviates from the will of Congress in at least three major respects," including its interpretation of the critical mineral requirements and free trade agreement.

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Lithia adds Priority Auto Group in Virginia

Lithia Motors Inc. said in social media posts early Monday, which have since been taken down, that it has added Priority Auto Group in Virginia.

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With GM, Ford deal with Tesla, what does future of EV charging look like?

EV charging technology could be the next VHS and Betamax.

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GM plans $632M upgrade in Ft. Wayne, Ind., for future large pickups

GM over the past week committed more than $2.3 billion to plants that build large, gas-powered pickups and SUVs.

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Israel carves place as automotive technology powerhouse

Israel's strong technology and venture capital scene has turned the small nation into a global automotive industry player by focusing on sensors, chips, software and cybersecurity.

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VW board to discuss $3.2B savings program, report says

The board will discuss cost-cutting measures amounting to at least 3 billion euros ($3.22 billion) across brands including VW, Seat, Skoda and Cupra.

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Lithia wants to hit revenue of $25 billion from acquisitions, up by $5 billion

Dealership acquisitions were seen as a key cog in Lithia Motors Inc. reaching its goal of $50 billion in annual revenue by the end of 2025. The auto retail giant is now targeting even more revenue from store purchases.

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Tesla charging deal a watershed moment

GM will build Tesla's preferred North American Charging Standard connector into its EVs starting in 2025.

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Herb Chambers buys infamous Lady May superyacht

The New England megadealer was the winning bidder for the 152-foot Lady May from the bankruptcy estate of an indicted Chinese billionaire.

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GM's old Buick City site is ready to rise again in Michigan

The site is being turned into an industrial park with as many as 3,000 jobs, a fraction of the nearly 28,000 that GM once employed there.

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Senate bill seeks to shrink U.S. reliance on China for critical minerals

The bipartisan bill — called the Intergovernmental Critical Minerals Task Force Act — requires the Office of Management and Budget to create a task force and appoint representatives from federal agencies to consult with state, local and tribal governments.

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Shift Technologies appoints new CEO; strategic alternatives review ‘ongoing'

Shift Technologies Inc.'s board of directors on Friday appointed Ayman Moussa, founder of northern California dealership group operation Carnamic, as the company's new CEO.

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Tesla set for $3 billion boost from chargers at rivals’ expense

The deals, which now make Tesla’s charging model the standard in the U.S. among the largest American automakers, will pressure competitors to ditch the primary competing standard, known as CCS.

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Mercedes gets permit for Level 3 automated driving in California

Mercedes-Benz became the first automaker to receive authorization to sell or lease cars with Level 3 autonomy in California, a system that will be an option on its S-Class and EQS vehicles in the state.

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Why Section 45X is a ‘game changer' for U.S. EV battery supply chain

Payments to battery manufacturers in the U.S. as part of the Inflation Reduction Act can be substantial. But the lucrative credits also have put reliance on China for EV materials under a bright spotlight, drawing criticism from Republicans.

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Bosch embraces software-focused future

Bosch hopes to benefit from the CHIPS and Science Act, the Inflation Reduction Act and future federal vehicle safety requirements as it aims to bring in $20 billion annually by 2029.

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GM's Texas plant to get $500M for next full-size SUVs

Arlington follows investment announcements in Flint, Mich., and Oshawa, Ontario, to support the next generation of internal combustion full-size pickups built there.

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Carvana says it expects adjusted profit of more than $50M in Q2; shares surge

The announcement sparked a rally for Carvana shares on Wall Street on Thursday.

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Citizens Financial to end indirect dealership car loan business

Citizens Financial Group had begun to cut back its auto loan business in the third quarter of 2022.

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Tesla in talks to build factory in Spain, report says

The EV maker could invest nearly $5 billion in the factory, according to reports. Tesla opened its first European factory last year near Berlin.

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Redwood Materials races to put recycled materials into EV batteries

Redwood Materials, the battery recycling company founded by Tesla co-founder JB Straubel, is moving quickly to bring anode and cathode active material production back to the U.S.

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Safety products supplier Autoliv will cut 8,000 jobs, close European sites

Autoliv will cut 11 percent of its workforce and close several of its sites in Europe, with the new initiatives expected to be fully implemented by 2025.

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Toyota Land Cruiser SUV could return to U.S. as revamped Prado

By dropping the Prado name, the Toyota brand sibling of the Lexus GX could fill a hole in the lineup left by the U.S. discontinuation of the venerable full-size Land Cruiser SUV.

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GM aims to build EVs within existing factory footprint

GM's top manufacturing executive says the automaker expects to meet its production needs by converting some plants to build only EVs and others to build electric and gasoline vehicles together.

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VW celebrates iconic bus with beach party

Coinciding with the debut of the three-row version of the electric ID Buzz tailored for North America, the automaker gathered VW bus enthusiasts for the first International Volkswagen Bus Day.

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GM to get renewably produced steel from ArcelorMittal

Material will be supplied from ArcelorMittal Dofasco in Hamilton, Ontario, and shipments are expected to begin in the second quarter of 2023.

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Digital car keys raise security concerns

Mobile phone-based automotive digital keys are the future of the software-defined car. However, cybersecurity experts are still determining if digital keys are as secure as the industry claims.

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Volvo guns for Gen Z with budget-priced electric crossover

The 2025 Volvo EX30 starts at $36,145 and arrives in the U.S. next summer.

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Consumer Reports campaigns for free crash notfication feature in all new vehicles

More than 20,000 consumers signed the organization's safety petition in its first three days.

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Group 1 Automotive adds Kia store, sells Ford dealership

Group 1 said the new Kia store is expected to generate $85 million in annual revenue. The auto retailer also divested a Ford dealership near New Orleans.

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Safety group calls for bicycle detection in automatic braking rule

Advocates for Highway and Auto Safety said performance standards in NHTSA's proposal "must ensure all road users, whether inside or outside the vehicle, including bicycles, are protected in all lighting conditions and at all appropriate speeds."

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Lawsuit claiming racism at Tesla draws almost 240 black workers saying ‘me too'

A Black former assembly line staffer at Tesla Inc. is moving to add hundreds of other workers to his 2017 lawsuit in which he called the electric-car maker's production floor a "hotbed for racist behavior."

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Mazda3, CX-30, CX-5 get new Carbon Turbo variants

Mazda's Mazda3, CX-30 and CX-5 will offer new Carbon Turbo variants that get a turbocharged engine, standard all-wheel drive and distinct looks.

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Chinese startup claims breakthrough with EV battery that overcomes cold weather

Chinese unicorn Greater Bay Technology says its new Phoenix cell can heat the battery back from -4F to 77F in five minutes, allowing it to operate as normal and charge within six minutes in all weather conditions.

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Auto File: Shhh! Don’t say that 'R' word!

A gaggle of May sales reports from different regions and companies affirm that the slump in demand for new vehicles that at least some industry executives feared has not happened – so far.

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China's EV battery sector is preparing a new breakthrough

One of China's top battery-makers reckons it has cracked a technology to provide even cheaper and more powerful packs for electric vehicles.

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Advance Auto Parts shares are set for their worst week ever

Shares slumped 40 percent last week, the largest four-day drop since the stock began trading publicly in 2001.

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GM to invest more than $1 billion in Flint, Mich., for next-gen HD pickups

GM will upgrade an assembly plant and stamping plant to build the next version of the gasoline-powered Chevrolet Silverado HD and GMC Sierra HD.

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China's EV battery sector is preparing a new breakthrough

One of China's top battery-makers reckons it has cracked a technology to provide even cheaper and more powerful packs for electric vehicles.

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Longtime listener, last time caller? Inside the fight over AM radio in EVs

Automakers say the EV interferes with the AM radio signal, but legislators say AM radio remains crucial for emergency alerts.

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Toyota's next hydrogen powered vehicle will be a Crown sedan

Toyota hopes the addition of the fuel cell Crown will propel worldwide fuel cell sales to 8,000 vehicles in the current fiscal year, from 3,000 the year before. It's unclear whether the vehicle will come to the U.S.

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Rising incentives, inventory propel May sales

May marked the industry's 10th consecutive monthly sales increase as an industrywide inventory recovery continued.

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Penske to replace Indy 500 fan's smashed car

A fan whose car was smashed by a flying tire is getting a new ride, courtesy of the track owner who happens to be one of the country's biggest dealers.

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Flying car startup fizzling in Mich.

The founder of Airspace Experience Technologies has been looking at sites outside of the state to potentially move his startup, and he even considered trying to sell it.

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New Texas partnership buys Stellantis, GM and Kia dealerships

A veteran auto retail executive and Kia dealership general manager have bought three dealerships in Texas in a new partnership.

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GM Financial: Leasing won't return to '19 levels this year

The percentage of GM's sales that were leases rose slightly to 16.5 percent in the first quarter from a low of 13.9 percent in the third quarter of 2022, according to GM Financial data.

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NHTSA fails government audit for missing deadlines

In a report released Wednesday by the U.S. Transportation Department's Office of Inspector General, auditors reviewed a sample of investigations conducted in 2018, 2019 and 2021 to determine whether the agency has adequate tools, processes and resources to probe and identify safety defects.

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Elon Musk political shift seeks new Tesla buyers, analyst says

Musk's embrace of conservative Republican presidential candidate Ron DeSantis and hot-button topics on Twitter could help Tesla with reluctant EV buyers in red states.

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GM battery materials investment in Quebec to top $1 billion

General Motors and South Korea's Posco Future M said they will invest more to expand the production capacity at their chemical battery materials facility in Canada, taking their estimated total investment in the plant to over US$1 billion.

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Stellantis, GM pay $363 million in U.S. fuel economy penalties

The record-setting penalties include $235.5 million for Stellantis for the 2018 and 2019 model years and $128.2 million for GM covering 2016 and 2017.

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3-row VW ID Buzz poised to make a bigger splash in North America

The electric, modern-day interpretation of Volkswagen's Microbus for North America has one more row, a bigger battery and more power than its European counterpart.

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Canadian partners buy first dealership, in the U.S.

PATH Auto Group partners Phil Alalouf and Todd Hewitt in April purchased their first dealership, a Volkswagen dealership in California.

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Ed Morse Automotive bolsters Illinois footprint

Ed Morse Automotive Group further bolstered its domestic brand store offerings with the purchase of three Illinois dealerships in two May acquisitions.

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Elon Musk is accused of insider trading by investors in Dogecoin lawsuit

Investors said Musk used Twitter posts, online influencers, his 2021 appearance on NBC's "Saturday Night Live" and other "publicity stunts" to trade profitably at their expense.

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Rivian cancels ‘tank turn' feature to prevent trail abuse

CEO RJ Scaringe says the R1T pickup can spin like a tank — as shown in a viral 2019 video — but the potential for environmental damage is too great.

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Toyota snaps losing streak; Honda surges again; Hyundai, Kia post double-digit gains in May

U.S. light-vehicle sales are forecast to rise 18-20 percent in May, as retail selection improves, consumer incentives rebound and automakers fill a backlog of fleet orders.

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Subaru's Jeff Walters: Lean inventory levels finally improving

Subaru of America President and COO Jeff Walters, who succeeded CEO Tom Doll on April 1, says the brand's lean inventories are starting to finally grow as production constraints ease, which can only help its retailers.

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Nvidia CEO plans trip to meet China executives despite U.S. curbs, report says

Nvidia is a key player in the booming field of artificial intelligence, but its position in China has been complicated by U.S. sanctions, which prevent the company from selling its most advanced AI chipsets to Chinese customers.

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