Renault’s Alpine brand sees U.S. market as key to sales
PARIS -- The U.S. market will be crucial to Alpine’s ambitious revenue and sales goals, CEO Laurent Rossi said. The Renault sports car brand has aspirations to sell two models...
How Biden is boosting EV mineral companies in the U.S.
The transition from gasoline to electric vehicles mainly depends on the supply chain for batteries and their materials. Domestic shortages of lithium and other critical minerals have plagued U.S. auto...
Musk’s tweet cost investors millions, jury told
Elon Musk misled Tesla Inc. shareholders when he tweeted in 2018 about taking the company private with "funding secured" and cost them millions of dollars, a lawyer for investors told...
Hear from dealers, industry leaders at Automotive News Retail Forum: NADA in Dallas
Automotive News Retail Forum: NADA on Jan. 26 in Dallas will feature conversations with key retail industry leaders and dealers that will explore top-of-mind topics, including the new tax credits...
Forum Mobility and CBRE Investment Management create $400M JV
Electric truck and charging station company Forum Mobility is teaming up with CBRE Investment Management on a $400 million joint venture. The partnership between Forum and CBRE's investment arm to...
Volvo Group invests in Waabi Innovation
The investment division of Volvo Group has made an undisclosed investment in Canadian autonomous driving technology company Waabi Innovation. The investment by the company that manufactures Volvo and Mack heavy-duty...
Bankrate: Direct new-vehicle auto loan interest rates to grow 0.8 points
McBride said banks haven't been reacting to increases in the Fed's rate by offering fewer loans. The industry has a surplus of deposits right now and banks are instead opting...
Volkswagen of America to promote Hein Schafer, Rachael Zaluzec
Volkswagen of America will promote two longtime executives into sales and marketing roles and has parted ways with a former Honda sales executive. Hein Schafer, 43, currently senior vice president...
Shell to acquire EV charging firm Volta for $169M
Volta Inc. said on Wednesday that a Shell Plc subsidiary would take over the electric vehicle charging network operator in an all-cash deal valued at about $169 million. Shell USA...
Stellantis strikes nickel sulphate supply deal with Terrafame
PARIS -- Stellantis and Terrafame have struck a deal for the Finnish company to supply the automaker with nickel sulphate over a five-year period, starting from 2025 onwards. "This agreement...