This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Payne: What a Ford vs. GM F1 rivalry would look like
Author: Detroit News Online
Rivian developing an electric bike
Rivian Automotive Inc. is developing an electric bike, the chief executive officer told staff, potentially expanding the EV maker’s product lineup. RJ Scaringe disclosed the e-bike effort Friday at a companywide meeting, according to people familiar with the matter who asked not to be identified discussing private information. A small group of engineers is actively… Continue reading Rivian developing an electric bike
BMW to invest $872 million to build electric vehicles in Mexico
BMW AG will invest $872 million in its San Luis Potosí, Mexico, plant to manufacture electric vehicles, as part of a broader effort to ramp up its global production network. More than half of the investment will be used to build a new high-voltage battery assembly plant at the site, the German carmaker said Friday,… Continue reading BMW to invest $872 million to build electric vehicles in Mexico
‘Accountability starts at the top:’ Senior Ford execs to see bonus cuts
Senior-level managers at Ford Motor Co. will see reductions to their annual bonuses following a 2022 earnings report that CEO Jim Farley said “fell short” of the company’s potential, The Detroit News has learned. Each year, the Dearborn automaker establishes companywide targets for its Annual Incentive Compensation Plan, or AICP. The company’s performance on those… Continue reading ‘Accountability starts at the top:’ Senior Ford execs to see bonus cuts
US tells owners to park old Hondas until air bags are fixed
Detroit – Honda and the U.S. government are urging owners of about 8,200 older vehicles not to drive them until dangerous air bag inflators are replaced. The National Highway Traffic Safety Administration on Friday issued a “Do Not Drive” advisory for the 2001 through 2003 vehicles with Takata inflators that have a high possibility of… Continue reading US tells owners to park old Hondas until air bags are fixed
What counts as an SUV? Treasury shifts definition for EV tax credits after carmaker complaints
Washington — The U.S. Treasury is changing how it defines a sport utility vehicle Friday after car companies lodged complaints that some vehicles were wrongfully being boxed out of new electric vehicle tax credits. The change is likely to be the difference between thousands of dollars in consumer discounts. Under new federal tax credits, SUVs,… Continue reading What counts as an SUV? Treasury shifts definition for EV tax credits after carmaker complaints
Ferrari raises earnings outlook on robust luxury-car demand
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Ferrari raises earnings outlook on robust luxury-car demand
‘Affordable luxury’: High-end RV resorts grow popular amid housing crunch
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading ‘Affordable luxury’: High-end RV resorts grow popular amid housing crunch
Ford bids farewell to a best-seller in move epitomizing disruption
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Ford bids farewell to a best-seller in move epitomizing disruption
Ford sales up 2% in January, boosted by record EV sales
Ford Motor Co.’s U.S. sales rose 2% year-over-year in January, boosted by record sales of its all-electric vehicles, which more than doubled over that period. The Dearborn automaker reported Thursday that it sold 146,356 new vehicles in the U.S. last month. Of those sales, the vast majority — 133,293, or 91% — came from internal… Continue reading Ford sales up 2% in January, boosted by record EV sales