The auto industry is pulling back on its ‘capital junkie’ tendencies after unprecedented spending on EVs, self-driving

Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid DETROIT — The auto industry has an addiction. It’s a “capital junkie” that’s been on a yearslong binge of unprecedented spending on all-electric and autonomous vehicles. And now,… Continue reading The auto industry is pulling back on its ‘capital junkie’ tendencies after unprecedented spending on EVs, self-driving

German FAZ: A car for coffee008229

Friday morning, Darmstädter Landstrasse: Stefan Göbel sits at a high table, a cup of coffee in front of him, and next to him is a red Mitsubishi car – one of the vehicles that potential customers can discover here with a cup of Gorilla coffee. But not everyone does that. A man with a shoulder… Continue reading German FAZ: A car for coffee008229

@niche: THE AUTOEXTREMIST STUPID METER, PART II.003644

Editor’s Note: This week, we bring you Part II of the Autoextremist Stupid Meter in Peter’s Rant, because, well, stupid in this business shows no signs of subsiding anytime soon. In “On The Table,” we have the latest brand image reboot from Jaguar, which is too embarrassing and pathetic for words. Then, we preview the 2025 Tiguan, VW’s best-selling nameplate. We also… Continue reading @niche: THE AUTOEXTREMIST STUPID METER, PART II.003644

Clean Technica: Chinese Electric Cars Are Leaving The US In The Dust003721

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! With our storied history as automobile leaders of the 1900s, it is easy to assume the US will continue being automotive leaders globally and especially domestically. However, we are rapidly being outmaneuvered, out-innovated, and left in the dust by… Continue reading Clean Technica: Chinese Electric Cars Are Leaving The US In The Dust003721

NEXTRAN TRUCK CENTERS ACQUIRES QUINCY MACK, DECATUR MACK, AND H&L MACK

GAINESVILLE, Fla., Nov. 22, 2024 /PRNewswire/ — Nextran Truck Centers, a full-service commercial truck dealer, announced today that it has acquired Quincy Mack, Decatur Mack, and H&L Mack, a well-respected Mack Trucks dealer with five locations across Illinois, Missouri, and Iowa. This strategic acquisition further expands Nextran’s footprint from 26 to 31 locations across the United… Continue reading NEXTRAN TRUCK CENTERS ACQUIRES QUINCY MACK, DECATUR MACK, AND H&L MACK

Automakers Want Trump to Keep Federal E.V. Regulations in Place

Three of the nation’s largest automakers, Ford, General Motors and Stellantis, are strategizing with other car manufacturers on how to make a delicate request of President-elect Donald J. Trump: Don’t scrap the federal regulations that compel the industry to sell electric vehicles. The conversation would require diplomatic finesse. Mr. Trump has railed against the E.V.… Continue reading Automakers Want Trump to Keep Federal E.V. Regulations in Place

German Manager Magazine: Bosch plans to cut over 5,500 jobs, works council announces resistance003760

In view of the crisis in the auto industry, the supplier wants to Bosch More jobs are being cut than previously known. In the coming years there will be a further “need for adjustment” of up to 5,550 positions, as a company spokeswoman announced. More than two thirds of these – a total of 3,800… Continue reading German Manager Magazine: Bosch plans to cut over 5,500 jobs, works council announces resistance003760

The West Coast Customs Experience and Monterey Motorsports Festival Concours Bring Unique Exhibition Features to the 2024 Los Angeles Auto Show

These shows-within-the-show will bring luxury, exotics, art cars, and more to the 2024 event LOS ANGELES, Nov. 22, 2024 /PRNewswire/ — The Los Angeles Auto Show® (LA Auto Show) is proud to announce details for two highly anticipated exhibitions at the 2024 event, presented in partnership with West Coast Customs and Monterey Motorsports Festival. These shows-within-the-show… Continue reading The West Coast Customs Experience and Monterey Motorsports Festival Concours Bring Unique Exhibition Features to the 2024 Los Angeles Auto Show