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Automakers hit ‘significant storm,’ as buyers reject lofty prices at time of huge capital outlays

DETROIT (AP) — Investors are punishing automakers’ stocks this week after second-quarter earnings reports exposed industrywide issues of slowing sales and high prices, just as the companies are having to spend huge... Read More

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Last updated 1 days ago

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How Quantum Computing Can Drive Innovation In The Automotive Industry

As the automotive industry undergoes a transformative shift, fueled by advancements in electric vehicles, autonomous driving and sustainability, the need for more powerful computational tools has never been greater. Enter quantum computing—a technology that could... Read More

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Last updated 9 days ago

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The UK will consult on sales targets for automakers during the transition to electric vehicles

LONDON (AP) — Britain’s new Labour government will launch a consultation on auto manufacturers’ sales targets during the transition to electric vehicles, following the decision by Stellantis, the owner of Vauxhall, to close its... Read More

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Last updated 17 days ago

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GEAR SHIFT Audi unveils new logo with major change days after Jaguar slammed over ‘woke’ EV rebrand… and fans are divided again

The automaker is hoping to target young drivers with the change, scrapping its iconic four rings logo and replacing them with letters instead. Read More

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Last updated 25 days ago

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Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter

MILAN/DETROIT, Dec 1 (Reuters) - Stellantis (STLAM.MI), opens new tab Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around 40% of its value this year. Read More

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Last updated 5 days ago

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Volkswagen Is Already Cutting Costs

n an interview with German newspaper Bild last month, Volkswagen CEO Oliver Blume was painfully honest about the automaker's delicate situation. He blamed "decades-long structural problems" for the lack of... Read More

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Last updated 13 days ago

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Tesla Cybertruck recalled for possible loss of power

This is the sixth recall for the Tesla Cybertruck (though that admittedly includes defects fixed via OTA update, like font size issues) Read More

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Last updated 21 days ago

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How a 25% Tariff on Goods from Mexico and Canada Could Affect the Auto Industry and Car Buyers

Trump threatens a 25 percent tariff on goods from both countries to be enacted on his first day back in office. Read More

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Last updated 29 days ago