Many automakers and the South Korean government are urging the Biden administration to tap a commercial electric vehicle tax credit to boost consumer EV access, a plan that could help ease concerns over a climate bill approved in Congress.
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Fourth-quarter Cox Automotive Dealer Sentiment Index polling finds inventory is improving for franchised dealerships. But other variables are rising as concerns.
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Some of Carvana largest creditors have signed a pact binding them to act together in negotiations with the company, a move meant to prevent the kind of nasty creditor fights that have complicated other debt restructurings.
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Apple executives are grappling with the reality that the company's vision for a fully autonomous vehicle — without a steering wheel or pedals — is not feasible with current technology.
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A new report on Tuesday suggests that nearly every major automaker has significant exposure to products made with forced labor in China's Xinjiang region.
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Takefumi Shiga, a longtime Toyota executive, will succeed Toshio Niimi as executive vice president for production engineering and manufacturing with Toyota Motor North America, effective Jan. 1.
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EV maker said it will convert to a Singapore public limited company and will be known as VinFast Auto Ltd., while the number of shares to be offered and the price range for the proposed offering have not been set.
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Envision AESC's 1.5-million-square-foot battery factory in Florence, S.C., will create 1,170 jobs and build a next-generation lithium ion cell for BMW.
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Honda regains its top-five spot in the latest National Automobile Dealers Association's Dealer Attitude Survey, following an unusual drop to No. 6 in a previous survey.
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Jeff Chou, from tech startup Sonatus, and John Robb, president of the Hyundai America Technical Center, told the Automotive News Congress that OEMs' traditional procurement procedures need a rethink when it comes to software suppliers and the value they bring to the vehicle.
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