Fed’s decision could benefit industry, but how about customers?
Our editorial board weighs in on the possibility of interest rate cuts.
Audi to get Porsche exec as sales chief, reports say
Marco Schubert, who has led Porsche’s European sales since 2021, will succeed Hildegard Wortmann at Audi, according to media reports.
Daily 5 for Aug. 29: GM hopes to bolster its fleet business by branding BrightDrop vans as Chevrolets
Welcome to today’s edition of the Daily 5. Back in July, we ran a report about GM’s BrightDrop electric delivery van business folding into the GM Envolve fleet and commercial unit. The idea was greater efficiency. Our story also said that after pausing production last fall, GM had resumed building BrightDrop’s Zevo 400 and Zevo […]
GM, Samsung SDI push back opening of Ind. battery plant to 2027
General Motors and Samsung SDI finalized their partnership that will invest $3.5 billion in an EV battery plant in Indiana.
Smart plans 2025 Europe launch for #5 midsize electric SUV
Smart says the #5 will appeal to owners of the brand’s small city cars, many of whom have a midsize SUV as a second car.
Many issues are hurting auto industry
The auto industry has a multitude of issues plaguing it, from overregulation and a push to an all-EV marketplace to overpriced model offerings with higher-interest loans that have placed many buyers out of the market.
Column: EV transition requires battery and charging technology advances
Consumers will switch to EVs after the range and charging speed matches that of gasoline vehicle refueling.
Are recent job cuts the start of a bloodbath?
TO THE EDITOR: Regarding autonews.com’s “Stellantis laying off up to 2,450 workers at Mich. truck plant” (Aug. 9), “Nissan offers buyouts to salaried workers as U.S. business slides” (Aug. 6) and “Seating supplier to cut jobs in Detroit after truck discontinuation” (Aug. 2), along with a video discussion about Chrysler’s future with Stellantis (Aug. 5) […]
Current EV battery chemistry maintains lead as research on improved formulations continues
But variations of a lithium iron phosphate chemistry could make up a third of the market by 2030, surging from less than 10 percent today, according to Boston Consulting Group.
Column: Signs of progress in America’s thousand-mile journey to electric vehicles
The industry will figure EVs out, but it will take time.
