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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.

Nov 29 2023 -

Financial Analyst Says Tesla Should Cancel The Cybertruck

2024 is “already a lost year for growth,” Jefferies analyst Phillipe Houchois wrote.

InsideEVs.com

General Motors Kills Super Bowl Advertising For 2024

It's the first time the automaker won't play with the Big Game since 2021.

Nov 21 2023 -

Ferrari Entices Employees To Buy A Slice Of The Company

It's also hiring 250 new people in the coming months.

Nov 15 2023 -

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.

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.

InsideEVs.com

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.

Oct 25 2023 -

Mini Switching To Agency Sales Model In Europe Next Year

BMW will follow in 2026.

Oct 18 2023 -

Alpina Founder Burkard Bovensiepen Passes Away At Age 87

He died on October 12 after a long illness.

Oct 18 2023 -

Stellantis Seeks To Sell Auburn Hills HQ Amidst Historic UAW Strike: Report

A total of 18 facilities are being considered for modernization or restructuring.

Oct 17 2023 -

Ferrari Now Accepts Cryptocurrency Payments In United States

Europe will follow soon.

Oct 16 2023 -

New Global Vans And Mystery Ram Trucks Headline Stellantis Commercial Push

The automaker will launch the lineup on October 23.

Oct 9 2023 -

Rolls-Royce CEO Retires, Chris Brownridge Named New Boss

Torsten Müller-Ötvös is the company's longest-serving CEO to date.

Oct 5 2023 -

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."

InsideEVs.com

BMW Boss Oliver Zipse To Remain CEO Until 2026

Zipse has spent his entire career at the German automaker.

Sep 28 2023 -

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.

Sep 26 2023 -

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.

Sep 15 2023 -

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.

Sep 7 2023 -

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.

InsideEVs.com

GM To Cut 200 Engineering Positions Amidst Strategic Evolution

The automaker is targeting $2 billion in cost reduction.

Aug 21 2023 -

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.

Aug 18 2023 -

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.

Aug 3 2023 -

Bentley reports its financial results for the first half of 2023

While global sales slightly fell by 4% compared to 2022, the Americas, China, and Europe remain Bentley's top markets.

Jul 29 2023 -

Jaguar Admits Past Decisions Have Pushed Brand Into Mediocrity

JLR Chief Creative Officer Gerry McGovern concedes Jag has no brand equity whatsoever.

Jul 25 2023 -