The EPA’s emissions certification process for a new inline-six turbodiesel engine in the Chevrolet Silverado and GMC Sierra is taking longer than anticipated. The delay means dealer orders for the models must be canceled and resubmitted.
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One analyst estimates the additional capital should provide the used-vehicle retailer, which has been unprofitable since it went public in 2017, with enough cash through the second half of 2020.
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Some BMW supervisory board members are raising questions over whether Harald Krueger is the right choice to lead the company and will discuss the CEO’s second-term prospects in the coming weeks, people familiar with the matter told Bloomberg.
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The Detroit City Council and the Michigan Strategic Fund voted separately on incentive packages -- with a combined value of $311.6 million -- tied to FCA's creation of more than 6,000 jobs across multiple new and existing plants, 4,950 of which will be in Detroit.
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The comments are unusually strong for Japanese industry and reflect growing concern that President Trump may trigger an all-out trade war ahead of U.S. elections next year.
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This month, the largest German automaker won its bid to put off a union election for 1,700 workers at the Chattanooga plant until its challenge to a smaller UAW bargaining unit at the factory is settled.
Continue Reading the above article 'Senators urge VW to end delay of UAW vote at Tenn....
The three-time Formula 1 World Champion was one of the key players in F1 from the early 1970s. His celebrated battle for the 1976 World Championship with James Hunt played an important part in transforming the sport into the massive TV spectacle it would become. He died Monday at age 70.
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A sell-off of Tesla shares sparked by slowing deliveries and a chaotic shift in retailing strategy early this year has accelerated this month, with several analysts sounding alarms about petering demand.
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Swedish supplier Veoneer plans to shore up its working capital by $500 million through the sale of bonds and shares, as it waits for a strong order book to translate into a pickup in earnings.
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Volkswagen brand is getting ready to launch the first of a new lineup of electric vehicles, the ID3 hatchback. Automotive News Europe spoke with the brand’s sales chief, Juergen Stackmann, about his hopes for the new EV range.
Continue Reading the above article 'VW outlines launch plans for first member of new E...