Ford’s first real attempt at an electric vehicle has been quite a hit with critics. Go to Source
Author: CNBC Online news
Auto dealerships are facing a shortage of technicians to fix cars. Here’s why
Auto dealerships, like many industries, are feeling the effects of what some have termed the Great Resignation, in which workers are quitting at steep rates. Go to Source
Ford reports worst quarterly sales in China since onset of Covid pandemic
Ford on Thursday said it sold 120,000 vehicles during the second quarter in Greater China, a roughly 22% decline from a year earlier. Go to Source
U.S. safety regulators to probe crash involving self-driving car from GM-backed Cruise
Federal vehicle safety regulators will investigate a crash last month in which a vehicle struck a self-driving car from General Motors-backed Cruise. Go to Source
Volkswagen CEO says EV outlook is ‘very good,’ expects to reduce delivery times this year
VW’s electrification plans put it in direct competition with companies like Elon Musk’s Tesla. Go to Source
States are spending billions on electric vehicles in battle to replace automotive capital Michigan
States are offering billions in incentives to get EV plants from carmakers including Ford and Rivian, and threatening Michigan’s role as the US auto capital. Go to Source
GM reports worst sales in China since onset of Covid-19 lockdowns
The Detroit automaker said it only sold 484,200 vehicles during the second quarter in China, its largest market globally. Go to Source
Toyota hits electric-vehicle sales milestone, joins Tesla and GM in triggering phaseout of tax incentives for buyers
The phaseout of the credit for Toyota customers is expected to be complete in October 2023, the company said Wednesday. The phaseout will begin Oct. 1. Go to Source
Rivian confirms it’s on track to build 25,000 electric vehicles this year
Rivian said it delivered more than 4,000 EVs in the second quarter and still expects to build 25,000 this year. Go to Source
VW and Goldman-backed battery maker Northvolt gets $1.1 billion funding injection
Northvolt’s CEO and co-founder, Peter Carlsson is bullish about the future. Go to Source