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 eNewspaper, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY… Continue reading Hidden coils under Detroit road may make electric vehicles more affordable, efficient
Category: US Motoring Press
Here’s how many GM dealers have signed up to build public EV chargers so far
General Motors said Wednesday it now has about 1,000 of its 4,450 dealers in North America enrolled in the Dealer Community Charging Program, an initiative aimed at doubling the number of Level 2 electric vehicle chargers across North America by 2026. GM also said it has selected EV-charging manufacturer FLO, based in Quebec City, Canada,… Continue reading Here’s how many GM dealers have signed up to build public EV chargers so far
Used vehicle demand and prices continue to decline from record highs
A pedestrian walks past a certified pre-owned car sales lot in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images DETROIT – Wholesale prices of used vehicles reached their lowest level in more than a year last month, as retail sales decline amid interest rate hikes, rising new vehicle availability… Continue reading Used vehicle demand and prices continue to decline from record highs
Carvana shares tank as bankruptcy concerns grow for used car retailer
watch now Shares of Carvana plummeted by more than 40% during trading Wednesday after the embattled online used car retailer’s largest creditors signed a deal binding them to act together in negotiations with the company. The pact, as first reported by Bloomberg, includes creditors such as Apollo Global Management and Pacific Investment Management that hold… Continue reading Carvana shares tank as bankruptcy concerns grow for used car retailer
Ford’s top marketing executive is leaving the company
Ford Motor Co.’s top marketing executive is departing the company. The Blue Oval said in a statement Wednesday that Global Chief Marketing Officer Suzy Deering, who joined the company from eBay two years ago, will be leaving her role effective Friday. “We thank Suzy for her contributions to Ford and wish her all the best… Continue reading Ford’s top marketing executive is leaving the company
VW tries to jump-start electric shift with new SUV, factory revamp
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 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 VW tries to jump-start electric shift with new SUV, factory revamp
GM installs first EV chargers for dealer partnership program
General Motors Co. is starting to install the first community charging stations as part of its Dealer Community Charging Program, with the first ones going up in Michigan and Wisconsin. Nearly 1,000 GM dealers have enrolled in the program since it was announced in late 2021. The program was first available to Chevrolet dealers and… Continue reading GM installs first EV chargers for dealer partnership program
Vietnamese EV maker VinFast files for American IPO
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 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 Vietnamese EV maker VinFast files for American IPO
BorgWarner to spin off fuel systems, aftermarket business in ‘pivot to EVs’
Auburn Hills-based auto supplier BorgWarner Inc. said Tuesday it will spin off its fuel systems and aftermarket businesses into a new publicly traded company. The tax-free separation is expected to happen in late 2023 following regulatory approvals and final support from BorgWarner’s board of directors. Shareholders would own stock in both companies. Spokeswoman Michelle Collins… Continue reading BorgWarner to spin off fuel systems, aftermarket business in ‘pivot to EVs’
Honda Power pack to roll out 70 swapping stations in Bengaluru by end of July 23
After Hindustan Petroleum Corporation (HPCL) and Honda Power Pack Energy India (HEID) entered into an arrangement to start 70 swapping stations in Bangalore, the company has now announced a tie-up with Bengaluru Metro Rail Corporation, BMRCL, to introduce Honda e-swap services at five Metro stations as part of a larger strategy to fast track this roll… Continue reading Honda Power pack to roll out 70 swapping stations in Bengaluru by end of July 23