Mahindra to invest $1.2 billion in new EV plant
BENGALURU - Indian automaker Mahindra and Mahindra Ltd. said on Wednesday it would invest 100 billion rupees ($1.21 billion) to set up an electric vehicle (EV) manufacturing plant near the...
Mercedes gears up powertrain network for EVs from 2024
BERLIN -- Mercedes-Benz laid out plans for an investment of more than $1.06 billion to adapt its global production network for electric powertrain systems - including battery assembly, electric drive...
2023 Toyota Prius packs more power, but sales volume is down
As part of the redesign, Toyota is revamping the vehicle's trim series in the U.S. from its current four offerings to three. The company is sunsetting the current generation's base...
GM recalls more than 740,000 vehicles in U.S.
WASHINGTON — General Motors is recalling more than 740,000 vehicles in the U.S. because the daytime running lights may not turn off when the headlights are on. Vehicles affected by...
VW Group promotes Audi, Porsche execs to top roles
Volkswagen Group has appointed new bosses for the automaker's quality and design divisions to speed up decision-making and improve coordination between the VW, Audi and Porsche brands. Effective Jan. 1,...
Panasonic agrees to supply EV batteries to Lucid Group
TOKYO, Dec 13 (Reuters) - Tesla Inc. battery maker Panasonic Holdings on Tuesday said it had concluded an agreement to supply lithium-ion batteries to EV maker Lucid Group as the...
Lear to build EV parts plant to supply GM
The planned investment would be spread across three sites. The Oakland County project is the largest — an $80 million plant at 5600 Bow Pointe Drive, formerly home to auto...
Ellis Automotive founder Jim Ellis dies at 90
Longtime Georgia dealer Jim Ellis, founder of his namesake auto group, died Friday at his Duluth, Ga., home, just weeks after his son Jimmy Ellis, the company's CEO, died, the...
2024 Mazda CX-90 will be brand’s 1st plug-in hybrid for U.S.
TOKYO – Mazda will step up its electrification efforts in the U.S. by introducing the CX-90 crossover as a performance plug-in hybrid tailored to American driving needs.The large-size utility vehicle,...
Joe Manchin to Janet Yellen: Block EV tax credit ‘loopholes’
WASHINGTON — Sen. Joe Manchin is urging the U.S. Treasury Department to prevent companies from using loopholes to bypass stringent eligibility rules in the Inflation Reduction Act's electric-vehicle tax credits....