China EVs pose export threat as costs, prices tumble
Nio, which competes against the likes of BMW with premium electric cars in China, said this week it would launch a new, more affordable EV brand with its first target…
Rivian will open growing EV charging network to the public
Rivian’s investment in charging is significant because the startup has burned through billions of dollars over the past two years to start production of the R1T, R1S and commercial vans…
WVa. bill to block refusal right in dealership purchases fails
A bill that aimed to prohibit right of first refusal on dealership buy-sell deals failed in West Virginia’s House of Delegates last month, in part on the concern that eliminating…
After price cuts, Tesla profits will be hot topic for Q1 earnings
Tesla Inc. has been cutting prices this year to bolster sales of its aging EVs, but that has also likely reduced its industry-leading profit margins. That volume-over-profit approach will be…
Flow Automotive buys five Virginia car dealerships
Charlottesville, in central Virginia, is home to the University of Virginia. Flow Automotive CEO Don Flow is a University of Virginia graduate and played on the football team, according to…
Used-car dealer U.S. Auto Sales temporarily closes
The southeastern used-vehicle dealership chain U.S. Auto Sales has closed its 39 locations indefinitely, the company’s website stated Tuesday. “We have temporarily closed our dealerships and are working on a…
Experts offer NHTSA guidance for impaired-driving prevention tech rule-making
WASHINGTON — An independent group composed of auto safety experts and consumer advocates issued recommendations Tuesday to the U.S. Transportation Department as it develops a safety standard to prevent impaired…
General Motors settles over alleged discrimination against non-US citizens
The U.S. Justice Department said on Tuesday it had reached a settlement with General Motors to resolve the department’s determination that the American automaker discriminated against non-U.S. citizens. Under the…
Ford’s CATL deal in Michigan questioned by Missouri Rep. Jason Smith
WASHINGTON — U.S. Rep. Jason Smith, R-Mo., is seeking more information from Ford Motor Co. about the automaker’s deal with China’s Contemporary Amperex Technology Co. Ltd. to use its technology…
Lordstown Motors resumes production, deliveries after February pause
Lordstown Motors said production and deliveries of its Endurance electric pick-up truck resumed this month after a pause in February to address quality issues. Source link