The automaker lost more than $300 million in revenue because it was unable to manufacture 6,000 vehicles without parts from Yanfeng, the lawsuit says.
Continue Reading the above article 'Cyberattack on key parts supplier triggered disput...
Ally's auto business saw a record 3.8 million applications from consumers during the first quarter with 40% of new loan originations in the top credit tier.
Continue Reading the above article 'Ally net income plunges 51% in Q1, auto applicatio...
The U.S. must take "decisive" action to protect electric vehicles from subsidized Chinese competition, U.S. Trade Representative Katherine Tai said on Wednesday as she completes a review of Trump-era China tariffs and considers President Joe Biden's call for higher tariffs on imports of Chinese steel.
Continue Reading the above article 'U.S. trade chief calls for 'decisive' action to sh...
The bidirectional chargers will be available nationwide, but the equipment required for vehicle-to-home energy transfers will be offered in just five states to start.
Continue Reading the above article 'GM EV owners can power home with bidirectional cha...
Mexico's federal government, under pressure from the U.S., is keeping Chinese automakers at arm's length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with the matter said.
Continue Reading the above article 'Mexico, facing U.S. pressure, will halt incentives...
Electric vehicles on average were discounted nearly $6,000 in the first quarter, according to Cox Automotive.
Continue Reading the above article '5-figure EV discounts emerge amid bloated inventor...
Toyota's retooled 2025 Camry features an exclusive hybrid powertrain with fuel economy estimated at 53 mpg city, 50 mpg highway and 51 mpg combined, nearly as good as the Prius.
Continue Reading the above article 'Base '25 Toyota Camry, now hybrid only, gets 50+ m...
Bosch said cuts were necessary to make sure it remains competitive in an environment where most of its big peers, including Continental and ZF, have all announced job cuts.
Continue Reading the above article 'Bosch flags further cost cuts after giving 'subdue...
The Charlotte, N.C., event space is the latest effort by Ford to create unique experiences such as the Bronco Off-Roadeo, Mustang Dark Horse Track Attack and Ranger Raptor Assault School.
Continue Reading the above article 'Ford Mustang Experience Center celebrates pony car...
Tesla has announced it will slash its global headcount by more than 10 percent as the automaker struggles with slowing demand for electric vehicles.
Continue Reading the above article 'Musk apologizes for 'incorrectly low' Tesla severa...