Biden’s green-tech offerings so far more attractive for investments than Europe’s idea.
SUV definition changed, opening breaks to Lyric, Tesla Model Y, others.
Volvo Cars will soon convert mainstay models to EVs and introduce a luxury electric van.
NADA CEO Mike Stanton, outgoing Chairman Mike Alford, and incoming Chairman Geoff Pohanka shared what’s on deck for the year ahead.
Rivian Chief Executive RJ Scaringe announced in a memo to employees plans to trim another 6% of its workforce.
General Motors Co. posted a $2 billion net profit in the fourth quarter finishing the year strong despite supply chain struggles, record prices and other disruptors.
Around $28 billion in green bonds are available globally for automakers to help fund their transition to electric vehicles.
Tesla has built a commanding lead over most major rivals in profit per vehicle, according to Reuters research.
Auto industry analysts remain on high alert for “demand destruction” as high interest rates, escalating vehicle costs, and a down economy threaten auto sales.
Brand says 60% enrolled in certification program.
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