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InsideEVs.com
Ford Expects Model e EV Unit To Post $3 Billion Loss This Year
The automaker explains that "Model e is an EV startup within Ford," and as everyone knows, EV startups lose money in their early days.
By
Dan Mihalascu
Mar 23 2023
Corporate / Financial
Lamborghini Posts Record Profit For 2022, 56% Better Than Last Year
The company has an 18-month waiting list of orders.
By
Chris Bruce
Mar 21 2023
0
Corporate / Financial
Rivian Chief Engineer Charles Sanderson Returns To McLaren As CTO
Sanderson was McLaren's head of software development before he left for Rivian in 2018.
By
Jacob Oliva
Mar 17 2023
0
Corporate / Financial
Mazda Appoints New CEO As Automaker Looks To Boost US Sales
Masahiro Moro has previously led the company's North American operations.
By
Anthony Alaniz
Mar 17 2023
0
Official
Bentley Posts Record 2022 Profit, Up 82% Led By Strong Bentayga Sales
The luxury brand clocked €708 million in operating profit last year, nearly double its earnings in 2021.
By
Christopher Smith
Mar 16 2023
0
Corporate / Financial
Volkswagen Group CEO Says Partnership With Ford Is Growing
Ford's VW-based electric crossover for Europe debuts on March 21.
By
Anthony Alaniz
Mar 16 2023
0
Official
Honda To Prep Plants For EVs, Will Move Accord Production To Indiana
The company’s new “EV Hub” begins to take shape.
By
Anthony Alaniz
Mar 14 2023
0
Corporate / Financial
Ford To Cut 1,100 Jobs In Spain As It Axes Minivans
The layoffs will follow the end of the S-Max and Galaxy's production, set to happen in April.
By
Jacob Oliva
Mar 12 2023
0
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InsideEVs.com
Morgan Stanley Says The Tesla Cybertruck Will Be A “Cult Car,” Predicts Low Volume
Despite over 1.5 million reported pre-orders, Morgan Stanley predicts just 50,000 units per year.
By
Iulian Dnistran
Mar 10 2023
InsideEVs.com
Lordstown Making New EV Plans After Selling 3 Electric Trucks In 2022
As Foxconn continues to provide support, Lordstown says its next-gen platform is the key to its future success.
By
Steven Loveday
Mar 07 2023
InsideEVs.com
Rivian Burning Through Cash, Demand Is A Concern Going Forward
Rivian makes a compelling product that's proven to impress, but prices are high and competition is a concern.
By
Steven Loveday
Feb 28 2023
Corporate / Financial
Stellantis Employees Getting €2 Billion In Profit-Sharing Bonus
After a record-breaking 2022 when net profit increased by 26 percent.
By
Adrian Padeanu
Feb 22 2023
0
Corporate / Financial
Ford Confirms 3,800 Job Cuts In Europe By 2025 Amid EV Transformation
Of the total, 2,800 are engineering jobs as electric vehicles are less complex.
By
Adrian Padeanu
Feb 14 2023
0
Green
New Toyota CEO To Ramp Up EV Adoption, New Platform Due 2026
The new boss wants Lexus to have a leading role in the company's electrification
By
Chris Bruce
Feb 13 2023
0
Corporate / Financial
Ford Cuts Stake In Rivian To Just 1.15 Percent
The Blue Oval has decided to write down the value of its investment in the EV maker by $7.4 billion in 2022.
By
Jacob Oliva
Feb 10 2023
0
Corporate / Financial
Porsche Donates €1 Million To Help Earthquake Victims In Turkey, Syria
The company is also asking its workforce to donate.
By
Anthony Alaniz
Feb 10 2023
0
Corporate / Financial
Automobili Pininfarina Appoints Paolo Dellacha As New CEO
Dellacha played a leading role in the development and manufacturing of the Battista.
By
Jacob Oliva
Feb 07 2023
0
Corporate / Financial
Ferrari Employees To Get Nearly $15,000 Bonus After Excellent 2022
Around 5,000 workers will receive a bonus of up to €13,500.
By
Adrian Padeanu
Feb 03 2023
0
Sales
Ferrari Set New Sales Record In 2022 By Delivering 13,221 Cars
Net profit also set a new record for the company.
By
Chris Bruce
Feb 02 2023
0
Corporate / Financial
GM Investing $650M In Nevada Lithium Mine For EV Battery Production
Actual lithium extraction won't start until 2026, though.
By
Angel Sergeev
Feb 02 2023
0
Corporate / Financial
GM Posts Record Earnings In 2022, Plans $2B In Cost Cuts By 2024
The CFO is clear that layoffs are not part of the cost-cutting strategy.
By
Chris Bruce
Jan 31 2023
0
Corporate / Financial
Renault, Nissan On Equal Footing In Announced Major Alliance Overhaul
The so-called "Alliance 2.0" will have high-value-creation projects in Latin America, India, and Europe.
By
Jacob Oliva
Jan 30 2023
0
Sales
Nissan Global Sales Plummeted By 20.7 Percent In 2022 To 3.23 Million Cars
The company built fewer vehicles, too.
By
Chris Bruce
Jan 30 2023
0
Corporate / Financial
Jeep To Offer Settlement On Wrangler, Gladiator "Death Wobble" Issue
This could also mean reimbursement for owners who have already paid for repairs related to the issue.
By
Jacob Oliva
Jan 28 2023
0
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