Canada matched Biden subsidies to win Volkswagen battery plant

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Tesla signals more price cuts ahead despite margin damage

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Lingenfelter Spring Open House: charity, classic cars, electric El Camino

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Ford Mustang celebrates its 59th birthday with new toys

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Stellantis names new chief financial officer: Natalie Knight to replace Richard Palmer

The chief financial officer of a global food retailer will replace Richard Palmer for the same role at the maker of Jeep SUVs, Ram pickup trucks and other vehicles, Stellantis NV said Wednesday. Natalie Knight is the top financial controller at Koninklijke Ahold Delhaize NV, the Dutch parent of supermarket chains Food Lion, Giant and… Continue reading Stellantis names new chief financial officer: Natalie Knight to replace Richard Palmer

Biden’s IRA costs these EV makers some customers — at least for now

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Tesla cuts U.S. prices again ahead of 1Q earnings release

Detroit – Tesla dropped the starting prices for its two top-selling models overnight, the company’s fourth price cut in the U.S. this year. The company lopped $3,000, or about 6%, off the starting prices for all three versions of the Model Y small SUV, Tesla’s top-seller. It also cut $2,000, or about 5%, from the… Continue reading Tesla cuts U.S. prices again ahead of 1Q earnings release

Maserati Americas CEO: EV flexibility, SUV volume key in pursuit of global luxury presence

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U.S. House Ways and Means chair questions Ford agreement with CATL in Marshall project

Washington — The chair of the powerful House Ways and Means Committee wrote a letter Monday to Ford Motor Co. arguing the company’s planned battery plan in Marshall, Michigan, may go against the intent of the Inflation Reduction Act. Ford is building a $3.5 billion battery plant in the small town east of Battle Creek… Continue reading U.S. House Ways and Means chair questions Ford agreement with CATL in Marshall project

Volkswagen unveils electric luxury sedan at China auto show

Shanghai — Volkswagen unveiled an electric luxury sedan that promises a 700-kilometer (435-mile) battery range as global and Chinese automakers displayed their latest SUVs, sedans and muscle cars at the world’s biggest auto show Tuesday. Auto Shanghai 2023 reflects the intense competition in China’s fast-growing electric vehicle market after the ruling Communist Party poured billions of dollars… Continue reading Volkswagen unveils electric luxury sedan at China auto show