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GM Knows It Loses Money On EVs But Plans To Fix That Next Year
The company's EV pretax margins are expected to improve significantly around the middle of the decade.
By
Angel Sergeev
Dec 1 2023
0
GM Says New UAW Labor Deals Will Cost $9.3 Billion
That factors out to about $575 per vehicle over the life of GM's union contracts.
By
Brian Silvestro
Nov 29 2023
0
InsideEVs.com
Financial Analyst Says Tesla Should Cancel The Cybertruck
2024 is “already a lost year for growth,” Jefferies analyst Phillipe Houchois wrote.
By
Iulian Dnistran
Nov 21 2023
General Motors Kills Super Bowl Advertising For 2024
It's the first time the automaker won't play with the Big Game since 2021.
By
Christopher Smith
Nov 21 2023
0
Ferrari Entices Employees To Buy A Slice Of The Company
It's also hiring 250 new people in the coming months.
By
Adrian Padeanu
Nov 15 2023
0
InsideEVs.com
Lucid Lost $430,000 For Every Car It Sold In Q3
The American luxury EV maker cut its production guidance for this year after a weak quarter.
By
Iulian Dnistran
Nov 8 2023
InsideEVs.com
Ford Cuts EV Investment After Losing $36,000 On Every EV Sold In Q3
After posting a $1.3 billion loss in Q3, Ford's Model e EV unit said it would cut Mustang Mach-E production and delay a battery plant.
By
Dan Mihalascu
Oct 27 2023
Ford And UAW Reach Tentative Agreement To End Strike
Union President Shawn Fain and Vice President Chuck Browning announced the news on social media Wednesday evening.
By
Brett T. Evans
Oct 25 2023
0
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Mini Switching To Agency Sales Model In Europe Next Year
BMW will follow in 2026.
By
Angel Sergeev
Oct 18 2023
0
Alpina Founder Burkard Bovensiepen Passes Away At Age 87
He died on October 12 after a long illness.
By
Adrian Padeanu
Oct 18 2023
0
Stellantis Seeks To Sell Auburn Hills HQ Amidst Historic UAW Strike: Report
A total of 18 facilities are being considered for modernization or restructuring.
By
Angel Sergeev
Oct 17 2023
0
Ferrari Now Accepts Cryptocurrency Payments In United States
Europe will follow soon.
By
Angel Sergeev
Oct 16 2023
0
New Global Vans And Mystery Ram Trucks Headline Stellantis Commercial Push
The automaker will launch the lineup on October 23.
By
Anthony Alaniz
Oct 9 2023
0
Rolls-Royce CEO Retires, Chris Brownridge Named New Boss
Torsten Müller-Ötvös is the company's longest-serving CEO to date.
By
Angel Sergeev
Oct 5 2023
0
InsideEVs.com
Rivian Has "Very Clear" Path To Profitability, CEO Says
Rivian is currently losing about $33,000 per vehicle sold, but RJ Scaringe said the situation is "improving quarter to quarter."
By
Dan Mihalascu
Oct 4 2023
BMW Boss Oliver Zipse To Remain CEO Until 2026
Zipse has spent his entire career at the German automaker.
By
Angel Sergeev
Sep 28 2023
0
President Biden Makes Historic Visit To Striking UAW Workers On Picket Line
It's the first time in modern history a sitting US president has joined workers on a picket line.
By
Christopher Smith
Sep 26 2023
0
UAW Workers Once Used Horses On The Picket Line, Historical Photos Show
13,000 hourly workers are presently on strike against Ford, GM, and FCA simultaneously, a first for the UAW.
By
Christopher Smith
Sep 15 2023
0
Stellantis Believes Combustion Engine Cars Will Be In Use Through 2050
The company still plans to be all electric in the next decade, but combustion cars sold today will live well into the future.
By
Christopher Smith
Sep 7 2023
0
InsideEVs.com
Tesla Supercharger Network To Become A Multi-Billion Dollar Business: Analyst
A Wall Street analyst estimated the Supercharger network to be worth three to six percent of Tesla’s revenues.
By
Suvrat Kothari
Aug 27 2023
GM To Cut 200 Engineering Positions Amidst Strategic Evolution
The automaker is targeting $2 billion in cost reduction.
By
Angel Sergeev
Aug 21 2023
0
Hyundai Pumps $190 Million Into Alabama Plant To Secure New Santa Fe Production
About $100 million will be invested to boost production of the Tucson and Santa Cruz.
By
Angel Sergeev
Aug 18 2023
0
Ferrari Says Hybrids Accounted For 43 Percent Of Sales In Q2 2023
The share of electrified cars more than doubled compared to the second quarter of 2022.
By
Adrian Padeanu
Aug 3 2023
0
Jaguar Admits Past Decisions Have Pushed Brand Into Mediocrity
JLR Chief Creative Officer Gerry McGovern concedes Jag has no brand equity whatsoever.
By
Adrian Padeanu
Jul 25 2023
0
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