Volvo expects an 8 to 10 percentage point increase in gross margins with SPA3 EVs, including the planned EX60, versus first-generation models.
The electric crossover co-developed by Honda and General Motors ends as Honda shifts toward its own electric platform debuting in 2026.
Vip Palladino, who spent his early working years as a professional hockey player, opened his first used-vehicle dealership in 1960, kicking off a decades-long career in automotive.
Cars Commerce CEO Alex Vetter said the company is encouraged by the early results of its new artificial intelligence technology. “We see AI as a critical tool to drive lead volu ...
Prime Minister Mark Carney says while Canada currently has the best trade deal with the U.S., it could be better.
Mark Jaffarian, co-owner of the dealership in Massachusetts, sued his brother Gary Jaffarian, accusing him of mismanagement.
Schäfer, 60, will retire after more than 30 years with Mercedes, the automaker said. Michael Schiebe, now head of AMG and Top End cars, will be the new head of production, quality and supply chain.
GM closed the Cole Engineering Center at its Warren, Mich., campus Sept. 10 after two employees tested positive for Legionnaires’ disease.
JLR is grappling with the fallout from the cyberattack that has derailed its operations for more than three weeks.
The credits’ end reflects growing political skepticism of EVs, but experts said sales are not expected to fall off a cliff.
Valmet is making cuts as European automakers contend with excess capacity, with Chinese companies taking a larger share of the market. The electric vehicles segment in particular is suffering from ...
The announcement eases anxiety in an industry that had been waiting for the long-delayed confirmation in order to make sourcing decisions.