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Nov 15, 2024GM To Recall Over 461,000 Vehicles in The United StatesAccording to media reports, the U.S. National Highway Traffic Safety Administration (NHTSA) announced on November 13 that General Motors will recall 461,839 vehicles in the U.S.... -
Nov 15, 2024Electric Vehicle Manufacturer Canoo Faces Financial TroublesAccording to media reports, electric vehicle manufacturer Canoo recently laid off 30 workers temporarily at its Oklahoma facility. The company's CFO and general counsel have bot... -
Nov 14, 2024Volkswagen Group Increases Investment in Rivian To $5.8 BillionOn November 12, according to Reuters, German automaker Volkswagen Group and U.S. electric vehicle startup Rivian announced that Volkswagen would increase its investment in Rivia... -
Nov 14, 2024Tesla Issues Sixth Cybertruck Recall Within A YearTesla's Cybertruck is facing its sixth recall since its launch a year ago. This recall affects 2,431 vehicles, including certain 2024 model Cybertrucks produced between Nove... -
Nov 13, 2024Stellantis And Leapmotor Abandon Plans For Second EV Production in PolandAccording to Reuters, two informed sources have revealed that Stellantis and its Chinese partner Leapmotor have abandoned plans to produce a second electric vehicle, model B10, ... -
Nov 13, 2024Dongfeng Nissan And HarmonyOS Intelligent Driving Forge A PartnershipOn November 12, Dongfeng Nissan announced that it had signed a strategic cooperation agreement with Huawei, making it the first joint-venture brand to engage in a comprehensive ... -
Nov 12, 2024Stellantis’ Mirafiori Plant To Halt Production AgainAccording to media reports, a union source confirmed on November 8 that Stellantis' historic Mirafiori plant in Italy will again suspend production. The plant currently manufact... -
Nov 12, 2024Tesla's Market Value Surges Past $1 Trillion Mark AgainAccording to media reports, on November 8, Tesla's market value saw a significant increase, surpassing the $1 trillion mark. This surge is attributed to expectations that El... -
Nov 11, 2024Benteler Subsidiary Seeks To Deploy Autonomous Buses in The U.S.According to Reuters, a subsidiary of German auto parts supplier Benteler Group, HOLON, has applied to the U.S. National Highway Traffic Safety Administration (NHTSA) for an exe... -
Nov 11, 2024Stellantis To Lay Off 400 Workers At Detroit Auto Parts PlantAccording to Reuters, on November 8, automaker Stellantis announced that 400 workers at its Detroit auto parts factory would be placed on indefinite layoff, as the company is wo... -
Nov 10, 2024Mexico’s Economy Minister Seeks Meeting With Musk To Discuss Advancing Factor...According to media reports, following Donald Trump's re-election as President of the United States, Mexico hopes to meet with Tesla CEO Elon Musk to inquire whether Tesla st... -
Nov 10, 2024BMW Group Q3 Net Profit Plummets By 83.8%, Auto Profit Margin Drops To Lowest...Recently, BMW Group announced its third-quarter financial results (July to September). Revenue fell by 15.7% year-over-year to €32.406 billion, with automotive revenue down...
