Ford job cuts in Europe: Where the ax will fall
A spokesperson at the automaker’s headquarters in Michigan said on Monday that discussions with the German works councils were continuing and that the company needs to be “more competitive” as…
Leasing down in Canada | Automotive News Canada
“Factory help when it comes to leasing has definitely come down,” she said. “And even when they throw something at you, it’s not enough to change the customer’s mind.” IT…
Tesla dangles cash bonus on top models
Tesla rolled out a new incentive globally allowing buyers to earn extra incentives through referrals from existing customers, a strategy long used by traditional automakers to boost sales. The cash…
The Porsche Macan may not go all-EV in the US by mid-decade after all
In addition to driving the brand’s top line, the Macan is critical to achieving Porsche’s mission to diversify its customer base. “One of the things they are not happy with…
Toyota shareholders back board, support Akio Toyoda
Toyota had become a target for activists and green investors who considered it slow to roll out EVs. Still, EVs are just one element in Toyota’s multi-pathway approach to carbon…
UAW strikes Ford supplier Constellium
Meanwhile, Wednesday marked the tenth day of a UAW strike at a Clarios battery plant near Toledo. Negotiations are ongoing but Clarios and the UAW have not reached a resolution…
Lucid’s Investors Are Getting Tired of Waiting for a Turnaround
Image: Lucid Motors Lucid is feeling the pressure, things have been worse for Carvana, and Lyft isn’t looking too hot, especially not given the recent triumph of its number-one rival.…
Group 1 CEO views some car dealerships as overpriced
Group 1 Automotive Inc. is calling out some dealership sellers who it believes are pricing their businesses unrealistically high. “There is a certain portion of sellers that have unrealistic expectations,”…
Musk is willing to bet Tesla profit margins on autonomous cars
The dream of a truly self-driving car has animated the auto industry for years, and Tesla’s CEO has been one of its loudest proponents. But the company has yet to…
Renault’s Alpine Brand Is Developing Two Electric Crossovers for the US
Alpine Developing Two Crossovers for the USGREG PAJO Renault performance sub-brand Alpine is developing two electric crossovers for the United States market, the company’s CEO confirmed Thursday. Alpine boss Laurent…