Soaring energy costs could threaten future of electric cars,
Soaring energy costs are threatening the future of the electric car, industry bosses in Germany have warned. A rise in electricity prices as well as in raw material costs and…
CreditMiner and TransUnion Announce New Partnership to
Automotive dealerships across the nation can now identify fraudsters eliminating losses by easily and properly identifying high risk consumers. LISLE, Ill., July 27, 2022 /PRNewswire-PRWeb/ — CreditMiner LLC and TransUnion…
Senate passes semiconductor industry bill with $2 billion
The Alliance for Automotive Innovation, which represents most major automakers and some suppliers in the U.S., commended the Senate bill’s passage and urged the House to follow suit. “Other countries…
Turkish auto industry seeks new markets to curb Europe sales
Turkey’s automotive industry, which makes some 80% of its exports to Europe, is now in search of alternative markets as sales to the region begin to drop and are projected…
Stellantis earnings: Record results for the first half
Stellantis this year rolled out an ambitious plan to double annual revenues by 2030 and turn its range from traditional combustion engines to EVs. “We are ahead of Tesla in…
Rivian cuts 6% of work force; Illinois factory will not be
Rivian Automotive Inc. said it is cutting its work force by 6 percent as part of a restructuring process to better align its head count with business priorities, but it…