Automotive – Page 40976 – I wish I had more to offer

Rivian posts second-quarter revenue above estimates, but expects a wider loss for the year

Electric vehicle maker Rivian maintained its full-year guidance for deliveries, but trimmed its full-year financial outlook. Go to Source

GM reveals new GMC Canyon premium midsize pickup, starting at $40,000

GM expects to begin producing the 2023 Canyon early next year, with new AT4X off-road models beginning in spring. Go to Source

Analysis: Hybrid and EV models lead continued used-car price surge

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Autonomy orders 23,000 EVs from 17 automakers for US EV subscription service

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Unifor makes policy recommendations to rebuild Canada’s auto sector

Unifor, Canada’s largest private sector union representing Detroit Three autoworkers, has released 29 recommendations for policymakers to consider to help grow Canada’s auto sector as the industry transitions to electric vehicles. The recommendations are part of Unifor’s fourth policy document entitled “Navigating the Road Ahead: Rebuilding Canada’s Powerhouse Auto Sector,” which focuses on growing Canada’s auto and auto… Continue reading Unifor makes policy recommendations to rebuild Canada’s auto sector

EU says US electric vehicle tax credit could break WTO rules

Brussels – The European Union expressed concern Thursday that a new U.S. tax credit plan aimed at encouraging Americans to buy electric vehicles would discriminate against European producers and break World Trade Organization rules. Under the Inflation Reduction Act nearing final approval in the U.S. Congress, a tax credit of up to $7,500 could be… Continue reading EU says US electric vehicle tax credit could break WTO rules

Payne: A Nissan Z worthy of the letter

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, 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: A Nissan Z worthy of the letter

Rivian cuts annual earnings forecast on inflation, supply shortages

How the climate bill could affect buying an EV: Here’s what to know

China reports record car exports in July

Cars await loading at Yantai Port, Shandong province. [Photo by TANG KE/FOR CHINA DAILY] BEIJING – China’s exports of automobiles reached a new monthly record in July, industrial data showed Thursday. The country’s auto firms exported about 290,000 units of cars last month, up 67 percent year-on-year and 16.5 percent over June, according to the… Continue reading China reports record car exports in July