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Stellantis, BMW in Talks With Panasonic Over New EV Battery Plants
The cylindrical batteries used by Tesla get a closer look from other car makers. Source link
GM Says 5,000 White-Collar Workers to Depart Through Buyouts
The auto maker initiated the reduction as part of an effort to cut $2 billion in costs by the end of 2024. Source link
As Dealerships Get More Stock, Auto Makers' Sales Rebound
GM, Hyundai and other auto makers report a robust start to the year, due in large part to rising inventory levels and easing supply-chain troubles.
Another Quarter, Another Change in EV Tax Credits
Getting the full $7,500 tax credit on a new electric vehicle is about to become tougher. Source link
Ford Raises Price Again on Electric F-150 Lightning Truck
Business Autos & Transportation Autos Industry Auto maker resumes full production of the truck after addressing a battery issue Source link
EV Startup Lucid Cuts 18% of Workforce, Including Some Executives
The maker of high-end electric cars plans to lay off about 1,300 employees. Source link