CEO Sachin Lawande said sales growth was also driven by "the strong demand for our digital cockpit products and the emergence of our electrification business. Our sales have now outperformed...
On the call, Openlane CEO Peter Kelly said the company continues to work on consolidating its marketplaces. In late June, the company launched its Openlane-branded marketplace in Canada. That entailed...
UAW President Shawn Fain, speaking to Automotive News earlier Thursday, did not specify how much the union was seeking aside from the "double-digit" figure he quoted earlier in the week,...
If battery workers were covered under the national agreement, they would likely be eligible for better pay and benefits. Senators and the union have heavily criticized Ultium for paying low...
Nikola can now move ahead with its proposal to double its outstanding shares to 1.6 billion from 800 million. Issuing new shares to raise funds is critical for its pivot...
The company plans to further "roll out its new offering in select markets across its nationwide footprint in the coming months," according to a news release. Carvana's same-day vehicle eligibility...
EV startup Rivian launched production in late 2021 out of its plant in Normal, Ill., and has been ramping up output of its consumer vehicles, the R1T pickup and R1S...
Cars.com saw further dealership churn in its digital marketplace during the second quarter, though web traffic grew, the dealership technology company said. Net income reached $94.1 million for the quarter...
"It's absolutely crucial to bring together what might look in some ways like a disparate group to give their input, feedback, expertise so we don't miss things," Gabe Klein, executive...
Toyota Connected North America said it promoted Christopher Yang to CEO of the data and software unit from his current role as vice president and COO. The appointment follows the...
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