The Chinese EV maker is one of only three foreign carmakers that will set up their booths and showcase their models at the Japan Mobility Show, along with German brands BMW and Mercedes-Benz.
Polestar revenue surged in the U.K. and Sweden but declined in the U.S. and China in the second quarter, the EV maker said. EV makers throughout Europe are struggling to gain market share amid intense competition from Tesla Inc. and Chinese manufacturers.
The revolving credit agreement adds to the $47 billion in total liquidity the automaker had at the end of the second quarter.
The requests for information focus on correspondence with Omead Afshar, a key lieutenant to CEO Elon Musk and the individual at the center of an internal Tesla probe.
Ted Smith, president of the Florida Automobile Dealers Association, said it's too soon to know the impact or extent of damage to dealerships across the state.
All 33 examples of the 33 Stradale have already been sold. A V-6 twin-turbo engine has more than 620 hp, while a full-electric option has more than 750 hp.
Tesla's Cybertruck customers are getting impatient waiting for the company to release details such as price and delivery date.
The Enduro motor opened up possibilities for Rivian, which had been struggling with supply chain shortages and elevated manufacturing costs at its Illinois factory.
BYD's chairman said the automaker will continue to make solid profits and hit sales goals, despite an intense sales war fueled by Tesla.
The legislation, which also OK's e-signatures, received unanimous approvals in the Illinois state Senate and state House of Representatives
Toyota's system of lean production and just-in-time parts delivery, known as "kanban," is at the heart of the shutdown.
Federal regulators are honing in on the systems Tesla uses to ensure that drivers are paying attention while their vehicle is operating on Autopilot.
Union President Lana Payne picked Ford as Unifor’s target automaker Aug. 29, three weeks after hinting she was leaning toward focusing on the company that employs about 5,500 union members in Canada to lead off this year’s contract talks.
The proposed IRS rules for construction of clean energy production and manufacturing facilities build on initial guidance last year in the Inflation Reduction Act, which has enabled the announcement of more than $110 billion worth of clean energy manufacturing investments.
The supplier founded by Tesla board member JB Straubel in February received a conditional commitment for a $2 billion U.S. loan to build a $3.5-billion recycling and re-manufacturing complex in Nevada.
Brooklyn Mitsubishi had paid more than $800,000 in fines and restitution after pleading guilty to nearly 8,000 consumer protection violations in the sale of used vehicles.
Automated help with route assistance and other nonemergency requests through the in-vehicle OnStar button frees up advisers to handle issues that need human intervention.
Toyota said it will restart operations at its assembly plants in Japan on Wednesday, after a production system malfunction brought domestic output to a halt at the world's biggest-selling automaker.
Guests Jackie Birdsall of Toyota and Bernd Heid of McKinsey will discuss the future of hydrogen fuel and take questions.
The metallic powder is made by crushing and shredding batteries or battery cells, extracting unwanted elements, then refining the remainder.
Car Pros Automotive Group now has a luxury dealership in its portfolio thanks to its first acquisition in nearly four years.
Self-driving capability is central to Tesla’s financial future, according to CEO Elon Musk, whose own reputation as an engineering leader is being challenged.
Shawn Fain, whose demeanor leans more Sunday school teacher than fire-breathing union leader, has brought back a tough-talking style evoking the labor movement’s roots in America.
Unifor says 18,000 people at GM, Ford and Stellantis in Canada are covered by collective agreements.
The deal will expand BYD Electronic's customer base, product portfolio and its smartphone components business as it looks to capture Jabil's potential growth in the sector.
If the strike goes forward, it could disrupt delivery of some popular vehicles and cause up to $755 million in losses.
The robot maker's PixelPaint vehicle coating technology has 1,000 individual nozzles to help eliminate overspray.
Ford is the latest of several top automakers, including Toyota and Chrysler parent Stellantis, planning to build and sell hundreds of thousands of hybrid vehicles in the U.S. over the next five years.
Technology companies need to test self-driving capabilities on public roads. But a rollout that considers all stakeholders is critical for long-term success. That means cities need a say.
Some of the stolen SUVs were recovered as far away as Alaska, Arizona and Texas.
Premier Automotive of New Orleans has added seven dealerships and entered three states since February.
Paige Hodder was an intern who covered general auto industry topics for Automotive News before joining the publication’s auto retail team.
The automaker claims in a federal suit that the terminated dealership won't let Nissan workers remove signage and continues to sell used vehicles out of the location.
About 97 percent of votes were cast in favor of authorizing a strike. The vote is a routine part of contract negotiations and does not necessarily mean a strike will occur.
Electric-first automakers such as Tesla and Nio outshined established brands such as Jaguar Land Rover and Toyota in a new ranking that grades companies on the software skills.
Nissan CEO Makoto Uchida committed to a diversified powertrain strategy in which the company invests in both internal combustion vehicles and electric vehicles.
Fleets kick the tires on the latest commercial electric trucks, testing street sweepers, garbage haulers and big rigs.
The China-focused electric EM90 minivan is a new twist for the automaker that is better known for SUVs and wagons.
Automotive tool-and-die companies could be in a stronger position in the coming years as automakers launch more than 130 new electric or hybrid models and redesign internal combustion mainstays.
The two sides are close to a deal that would give workers an interim pay increase to tide them over while management and the UAW negotiate the plant's first contract, Bloomberg reported.
Battery-electric vehicle owners reported 4.2 more problems per 100 vehicles than owners of internal combustion vehicles that otherwise have the same technology, suggesting owners are overwhelmed by an assortment of new tech.
The project Illinois is chasing is an additional plant to Gotion’s proposed Michigan factory.
Cathode mixing operations at the Ohio plant had been paused while Ultium assessed the situation and worked with a third-party company on the cleanup.
Shane O’Kelly will replace Tom Greco, who informed the company earlier this year of his plans to retire. Advance Auto said that Greco will stay on for an unspecified period as an adviser.
The New York State Department of Financial Services reminded auto lenders to give consumers refunds on car protection products if their vehicles are repossessed or deemed a total loss. The CFPB also has frowned on financial institutions failing to refund GAP insurance after total losses.
The Consumer Financial Protection Bureau has told at least one auto lender to stop keeping excess amounts collected from borrowers in situations where a car dealership has been caught inflating vehicle value by reporting nonexistent features, a practice known as "power booking."
As the tech world coalesces around a single USB port design, some automakers are moving at a slower pace to keep customers happy and their devices plugged in.
Energy Innovation, a nonpartisan energy and environmental policy firm, said leasing an EV reaps government incentives and fueling and maintenance savings.
U.S auto safety regulators said Tuesday that major automakers could comply with a Massachusetts vehicle data law that seeks to allow car owners to get repairs completed by independent shops.
The operation, expected to support 40,000 vehicles annually by 2027, will create 175 jobs, paying an average wage of $1,710 per week plus benefits, according to a state memo.
The Treasury Department had a year from the passage of the Inflation Reduction Act to release guidance on implementing the hydrogen production tax credit. Producers say they expect the delayed guidance in the fall.
Wave Nickel, which also owns a nickel mine in Brazil, expects the U.S. plant to take about four years to develop.
Production at Toyota's plant in Kolin was halted due to a parts shortage caused by a fire at a local supplier.
The company's value proposition is making the installation process less cumbersome. Users can sign up for the installation, compare prices of different charging rigs and maximize consumer rebates and incentives on Treehouse's website.
Few global auto shows can compete with the quality of new car debuts during Monterey Car Week in Carmel, California. The annual multi-day festival of all things automotive has replaced the traditional auto show as among the places to be for car brands and enthusiasts alike.
The Acura Integra Type S is a souped-up, 320-hp sport sedan that has moved into the brand's halo position this year.
Intended to be a specialty vehicle, the Integra Type S targets the driver more interested in extreme performance. It comes with a standard 6-speed manual transmission and a 2.0-liter engine recalibrated to deliver 320 hp.
The Type S increases output from the standard Integra by 120 hp and 118 pound-feet of torque. Its stance is also 2.8 inches wider, and the front exterior was reworked to improve airflow.
The Integra Type S replaces the NSX hybrid-electric supercar that was retired last year and represents a new product strategy for Acura. This new model costs $51,995, a stark contrast to the previous halo at $171,495, including shipping but before any options.
"We want to create sufficient demand to satisfy enthusiasts yearning for a specialty vehicle like this with limited production and avoid saturating the market because that takes away that specialness from the car," Emile Korkor, assistant vice president of Acura National Sales, previously told Automotive News.
Journalists had a chance to drive the Integra Type S in California and we've collected some early reviews.
Outpacing the Type R
"As quick and rewarding as the Type R is on circuit and canyon road alike, it's not perfect. The 2024 Acura Integra Type S, on the other hand, just might be. It retains all the performance-driving goodness of the Type R but neatly rounds off many of its daily-driving rough edges …
"Chucking the new Integra Type S between the guardrails along Highway 39 in California, we immediately see that this machine has the same sharp steering, deft handling and colossal grip as its shoutier Honda sibling. The Acura's turbocharged 2.0-liter engine has been recalibrated to deliver 320 horsepower and a smidge more part-throttle midrange torque. Reaching peak horsepower requires 93 octane, and on the local 91-octane California brew, we can't point to any difference—which is no bad thing. The Integra still pulls mightily out of corners, with the Type R's helical limited-slip front differential and clever dual-axis strut front suspension absolving the Type S powertrain of any of the usual high-horsepower front-wheel-drive sins."
— Dan Edmunds,
Premium performance
"The Integra Type S is a premium performance sport compact car, brand new for 2024. It shares a platform and key components with the FL5 Civic Type R that also just came out. But while the Honda is tuned for time attack (read: stiff, sharp and aggressive) this Acura is set up to be a little more comfortable and daily driving friendly — a few clicks more compliant in ride and responsiveness with a more upscale interior.
"The Integra A-Spec is a nice-driving sport compact car, too, and it lets you squeeze a lot of joy out of its 200-horsepower engine. But the Type S is more than a few tweaks up. Between its 320-hp turbo K-series and hunkered stance, this car does an exceptional job of asserting itself as a serious performance car without compromising refinement or looking like a Hollywood prop car…
"Two decades ago, the Integra Type R was the top-tier offering. It was light, lean and compared to today's cars, pretty raw. The new Type S is not that car. Today's range-topping Integra is faster, more comfortable and markedly safer. But what really makes it better to live with its versatility. When you've got a stretch of open road or racetrack in front of you, the Sport and Sport+ modes make the ITS eager to slice and dice and blow the doors off an old Type R. When you want to chill, Comfort mode is just a couple of quick clicks away and the car suddenly softens up for daily duty. That is the real magic of a modern Type S."
— Andrew Collins,
A misleading silhouette
"The ignorant could easily overlook the Integra Type-S as another commuter trout. In silhouette, it's identical to the other Integras and that's not much different from a lot of other small sedans. And the current Integra is — as all Integras have been since the 1986 model year — a Civic that's been burnished to near luxury. But for those who know, there are plenty of distinguishing elements to the Type-S.
"First, this thing is wide. Using stamped steel front fenders and plastic flares in back, it's 2.8 inches wider than a standard Integra and incorporates such aero tricks as big openings to feed the heat exchangers and a vented aluminum hood to facilitate air flowing through the engine bay. Acura claims that all the bodywork forward of the A-pillars is unique to the S-Type.
"One neat element to the nose are the mongo-sized air portals on each end. They're large but feed pipes that narrow until dumping in the wheel wells. They're basically venturi tunnels built into the nose that cool the front brakes and provide downforce with a minimal drag penalty."
— John Huffman,
Balance amid variety
"One of the most compelling attributes of the standard 2023 Integra is how pleasant it is to drive in a variety of situations. Its adequate powertrain and responsive chassis conspire to make every trip feel engaging and fun. But the Type S — with 62 percent more power — has its work cut out for it in terms of maintaining that balanced driving behavior. Luckily, the front-drive-only 'Teggy has plenty of tricks up its sleeve, starting with a comparatively light 3,219-pound curb weight that pays out with nimble, tossable reflexes in every driving situation.
"And even though the Integra is front-wheel drive (as opposed to the all-wheel-drive Audi, BMW and Mercedes or the rear-drive Caddy), the car puts its power down brilliantly. Like the manual versions of the regular hatch, the Type S comes standard with a true mechanical limited-slip differential, which helps split thrust evenly between the Michelin Pilot Sport 4S tires up front.
"There's also a dual-axis front steering knuckle in the double-wishbone suspension — borrowed from the Honda Civic Type R — which almost completely eliminates torque steer. As a result, flooring it out of an apex reveals benign, neutral handling that only rarely reveals a bit of wheel fight. Think of it as a charming idiosyncrasy instead of a design flaw and the minor torque steer even starts to feel fun."
— Brett Evans, Motor1.com
The possible sale would be part of a wider reorganization of the company being planned by Chairman Wolfgang Reitzle and CEO Nikolai Setzer, the report said.
The recall covers Sentra compact cars from the 2020-22 model years and expands a June 2021 recall that affected nearly 139,000 Sentra vehicles from the 2020-21 model years.
The Italian performance previewed its first all-electric car with the Lanzador concept, which will become its fourth model.
The ‘Changing Lanes’ campaign arrives as the Vietnamese company begins trading on the Nasdaq.
A total of 75,735 people were affected by the data breach. The people appear to be current or former employees of the automaker.
Aston Martin is adding a convertible version of the DB12, the Volante, late this year. The price is expected to be around $265,000.
Hyundai, Genesis and Kia continue to invest in localizing their electric vehicles in North America while still battling for market share for crossovers and affordable sedans.
After production of some EVs got off to a slow start, GM expects to move faster as a second battery plant comes online and supply snags are resolved.
Hyundai, which is building a $5.5 billion EV and battery plant near Savannah, will have its name on Georgia Tech's field for the next 20 years.
A GM spokesperson said "we will work with those who are affected and provide them with an opportunity to apply for open positions."
Mercedes-Benz has broadened the GT coupe's audience by adding a 2+2 seating option and room for a couple of Rimowa suitcases.
Four incidents have been reported since AV commercial expansion was approved in San Francisco.
Bespoke English brand Bentley introduced a Mulliner edition of its extended-wheelbase Bentayga at Monterey Car Week in California featuring a customizable tri-color interior and upgraded styling cues.
The misdemeanor charges primarily stem from alleged rebuilt salvage vehicles that were offered for sale at Nissan of Shelby in North Carolina and the documentation used to transfer their titles.
The plant in Montgomery, Ala., began assembling the Santa Fe in 2006. This will be its first full redesign since 2018.
The steelmaker's statement came after the USW said it would only back Cleveland-Cliffs as a suitor for the company. The union said "Cliffs has shown itself to be an outstanding employer to all of its workers."
Ford Motor Co., SK On and EcoProBM plan to build an $890 million cathode manufacturing plant in Quebec that will provide materials that ultimately supply batteries for Ford’s future EVs.
Stellantis seeks a larger supply base for green components and will lean on supplier innovation to help it meet its sustainability targets, the head of the automaker's circular economy business unit said.
A hypothetical 10-day strike against the Detroit 3 would result in more than $5 billion in economic losses, according to the analysis from Anderson Economic Group.
A AAA-funded study of advanced driver-assistance systems found they could reduce traffic deaths and injuries by large amounts if widely deployed.
Bergstrom Automotive said it has agreed to buy dealerships in the eastern Wisconsin cities of Green Bay and Manitowoc.
The investment in the world's largest geothermal lithium sourcing effort will help make Stellantis EVs eligible for federal consumer incentives.
Production of the current Frontier has been extended two years to the 2029 model year, according to a supplier memo.
The dealership management system company makes "organizational adjustments" as economic conditions evolve.
Assembly Ventures' closing of its inaugural fund is a bright spot amid headwinds in the overall global venture market.
VinFast's eye-popping valuation makes the company worth more than established automakers but the surge may fizzle out when the social media buzz subsides.
Zeigler Auto Group, which bought three franchised dealerships in Michigan last month, expanded its Indiana presence with its latest acquisition.
Warren Buffett's investment firm sold 45 percent of its stake in GM, reducing its shares from about 40 million to about 22 million.
With a starting price of $17,340 including shipping, the Mirage was the only vehicle in the U.S. that transacted under $20,000 in July, according to Cox Automotive.
The settlement, placed with the U.S. Bankruptcy Court for approval, involves $5 million to be paid as a royalty for the use of Karma's intellectual property, which Lordstown was accused of misappropriating.
Last week's bankruptcy of one of the largest trucking companies in the U.S. serves as another reminder to suppliers of the still-fragile state of the supply chain, industry experts said.
With Tesla's latest price cuts, the Model X crossover now starts $90,130 including shipping, with just 269 miles of range. Analyst Gary Black says the new base S and X "don't seem like great value propositions."
Peter Stern was named president of Ford Integrated Services, effective Monday, and will report to CEO Jim Farley.
Japan's second typhoon in a week is expected to take a path across the center of the country’s main island — a heavy industrial region with major automobile factories.
Both companies are major steel suppliers to the U.S. auto industry.
There are 209 battery-powered electric trucks in the marketplace between dealers and customers and the company is recalling those vehicles and is in the process of contacting all parties, Nikola said.
Tesla triggered the China price war that has left its locally made cars as much as 14 percent cheaper than last year, and in some cases almost 50 percent less expensive than in the U.S. and Europe.
CDK Dealership Xperience incorporates the company's core dealership management system and many other software platforms and tools.
New innovations in vehicle control electronics, lightweighting and connectivity are finalists in the 2023 Automotive News PACE Awards.
Jim Farley spent three days driving a Ford electric pickup from Silicon Valley to Las Vegas, meeting with researchers, businesses, dealers and EV owners along the way.
The seven-seat electric SUV, set to begin production next summer, starts at around $130,000 and offers an estimated 450-mile driving range.
Swickard: "Of the three complaints, two of them originated from the Attorney General or affiliated employees regarding the purchase of their personal vehicles."
AutoCanada Executive Chairman Paul Antony credited improving new-car inventories, greater internal efficiency readying used vehicles for resale and the “robust performance” of dealership service departments for the strong results.
U.S. dealerships are expected to sell higher volumes of new vehicles than they did in the past three years, according to a midyear report from Urban Science.
Unifor is leaning toward picking Ford as the target automaker for this year’s contract negotiations, as the union looks to seize a “once-in-a-lifetime” opportunity to set the benchmark for what good jobs look like in the EV era.
Stellantis North America COO Mark Stewart said UAW "demands could endanger our ability to make decisions in the future that provide job security for our employees. This is a losing proposition for all of us."
BYD has said it is an "emotional need" for China’s 1.4 billion population to see a domestic brand finally become global.
The chief engineer of the Toyota Land Cruiser talks about how to keep the hulking SUV mean and green in the carbon-reduction age. Toyota is already looking at plug-ins, fuel cells and even full-electric vehicles.
Police and fire officials say an elderly motorist lost control of a Toyota RAV4 Wednesday at a California Toyota dealership. A woman was killed as a result of the crash, which also injured two employees.
In the U.S., the average person spends about five years of their life in a vehicle, which isn’t the best place to be from a clean-air perspective.
The planned Nasdaq listing caps VinFast’s years-long efforts to become a publicly traded company.
Suppliers around the world are betting big on silicon carbide microchips being the key to automakers hitting ambitious EV targets, spending billions of dollars to secure a supply of them or even to make their own.
Indonesia’s government has set an ambitious target of producing some 600,000 EVs by 2030.
“We believe that our software capabilities are a structural differentiator that will only grow in importance as electric vehicles continue to increase in complexity,” said Wassym Bensaid, senior vice president of software development.
While EV sales outpace inventory levels, some dealers still struggle to move the zero-emission vehicles.
Cadillac's Escalade IQ full-size SUV, unveiled Wednesday in New York, is set to go into production next summer at GM's Factory Zero EV assembly plant in Detroit.
Car owners input in the tracker certain data such as a license plate number, postal code and vehicle mileage to get a customized vehicle value, Carvana said.
While supply-chain challenges are easing, Aptiv is still concerned that high prices of certain parts will decrease profits.
The Loudon, Tenn., plant will be Hanon Systems' fourth location in the U.S.
After years of ambiguity, companies are moving forward on technology that could prevent 12 percent of crashes.
Auto retail giant Lithia Motors has sold two North Dakota stores and has exited the state. The move comes just days after it bought a store in Texas.
Honda's U.S. deliveries jumped 45 percent to 347,000 vehicles in the last quarter, but demand in China was down 5 percent to 309,000 units, while sales in Europe declined 13 percent to 20,000 vehicles.
Cox Automotive said its Manheim index fell a seasonally adjusted 1.6 percent in July, which is smaller than the decline it recorded in June.
Cloud Theory's "inventory efficiency index" assigns scores to vehicle makes based on active inventory and sales data in comparison with competitors.
Barring another delay, Cruise and Waymo expect to hear Thursday from the California Public Utilities Commission whether they can expand the scope of their commercial services offered in San Francisco.
Mazda bounced back to profitability in the latest quarter led by a refreshed lineup of crossovers in the U.S., including the newly introduced large-size CX-90.
Battery Sleuth is the researchers' answer to what they describe as an "arms race" of vehicle security between automakers and hackers.
Vaibhav Taneja takes on the CFO role in addition to his role as chief accounting officer.
The move could bring an influx of senior-level jobs to the area, building on hundreds of manufacturing positions the company is creating with its $1.7 billion battery plant expansion.
EV makers are cutting prices, including Tesla on its crossovers and Ford on its F-150 Lightning pickup. Incentives are also rising, putting pressure on Rivian as it ramps up production, analysts say.
The 2021 buy-sell year was notable for four supersize acquisitions that helped frame the latest wave of dealership consolidation. Deals of that size did not happen in 2022.
Automotive News has updated its online database of dealership buy-sell transactions to better serve subscribers. And for the second year, rigorously documenting transactions has turned into a package of stories and data sets that can't be found anywhere else.
Rising interest rates to curb inflation and fears of recession have dampened consumer demand, prompting market leader Tesla to slash prices this year.
The first group of 23 participants have completed a life skills course, ASE-certified instruction at a local community college and are now learning on-the-job at partner dealerships in Louisiana.
Canadian union Unifor officially opens talks with the Detroit 3 in Toronto on Aug. 10.
The CFPB on Wednesday sued U.S. Auto Sales' USASF Servicing, alleging the buy-here, pay-here loan servicer double billed collateral protection insurance, failed to refund unneeded GAP payments and incorrectly repoed or triggered kill switches on borrowers' cars.
EV startup Lucid offered $12,907 per vehicle, followed by Polestar at $7,928, Motor Intelligence said. Incentives helped deliver a strong July sales report for some automakers.
Nikola stockholders will allow the company to issue new shares to raise funds to roll out fuel cell trucks and build a hydrogen fueling network.
NHTSA last month outlined fuel economy standards for the 2027-32 model years that some policy experts argue would do little to improve the efficiency of gasoline-powered vehicles if finalized alongside the EPA's stricter limits on tailpipe pollution.
The startup automaker now expects to produce between 20,000 and 23,000 vehicles in 2023, down from 32,000 and 36,000 units projected in May. It posted a net loss of $88 million during the Q2.
Demand for parts has remained strong from automakers as they strive to manufacture new models to cater to consumers looking to snap up pickups, crossovers and SUVs.
The federal lawsuit cites a Reuters article published last week that reported Tesla had created a secret "Diversion Team" in Nevada to cancel as many range-related appointments as possible.
Rolls-Royce has a small number of its super luxury cars aboard the ship that went up in flames off the Dutch coast a week ago.
The agreement will employ “dozens” of workers who will construct and staff Cruise’s operations, the company said.
Self-driving trucking company Aurora Innovation expects to have $1.6 billion to carry it through its planned commercial launch at the end of 2024 and into the second half of 2025.
The level of buyer interest in EVs means BMW is "investing more than originally planned in the global ramp-up of e-mobility," CFO Walter Mertl said.
Q2 2023 Credit Acceptance Corp. earnings saw its net income fall 79 percent but car loan volume up 13 percent and dealership count grow 16 percent.
The guidance upgrade was supported by better than expected results in personalizations, which are added touches that a customer requests to make the car more suited to their tastes.
Among questions submitted by investors for earnings call: missed production targets, buggy software and access to Tesla Supercharger network.
Growing Lithia Motors entered San Antonio for the first time with the purchase of a Honda dealership.
Jessica Carter, who joined Ford last month, has spent more than 25 years on Capitol Hill, including as chief of staff for five Republican members of Congress.
Automotive Cells Company, a joint venture between Stellantis, Total Energies and Mercedes, said it was exploring setting up a battery plant in North America.
Subaru plans a rapid electric vehicle ramp-up by offering an eight-EV lineup globally and building them locally in the U.S. in an attempt to sell 400,000 full-electric cars in the U.S. starting around 2028.
U.S. light-vehicle sales are forecast to rise 15 to 18 percent in July behind improving inventory and healthy pent-up retail and fleet demand.
U.S. light-vehicle sales are forecast to rise 15 to 18 percent in July behind improving inventory and healthy pent-up retail and fleet demand.
The world's largest automaker warned that lagging performance in the important North American market is sapping the carmaker's ability to invest heavily in EV production.
The world's largest automaker warned that lagging performance in the important North American market is sapping the carmaker's ability to invest heavily in EV production.
