Magna EV battery enclosure business set to grow
Magna also updated its 2023 and 2025 financial outlooks to reflect the acquisition of Veoneer Active Safety this year. It expects sales of between $41.9 billion and $43.5 billion this…
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Magna also updated its 2023 and 2025 financial outlooks to reflect the acquisition of Veoneer Active Safety this year. It expects sales of between $41.9 billion and $43.5 billion this…
LONDON/DETROIT/MILAN – A global shortage of technicians and independent repair shops qualified to fix EVs threatens to increase repair and warranty costs for drivers, potentially undermining upcoming deadlines to cut…
America’s Car-Mart, of Rogers, Ark., also reported earnings for the three months ended July 31. Quarterly revenue rose 8.6 percent year over year to $368 million. Net income was $4.2…
For the second time in three years, Audi of America has tapped its current chief communications officer to become its chief marketing officer. But unlike last time, the brand is…
The Mercedes-Benz Modular Architecture will support four entry-level EVs – a coupe, a shooting brake (wagon) and two crossovers. Mercedes will initially build MMA vehicles at factories in Rastatt, Germany;…
A smaller G-Class would likely cost significantly less than the current version, which starts at 118,256 euros in Germany and $139,000 in the U.S. It’s unclear when the smaller G-Class…
While Volvo, Volkswagen and Buick trim or eliminate wagons from their U.S. lineups, Mercedes-Benz is sticking with a different direction — off-road — with the next-generation E-Class wagon coming next…
The Munich concept is based on the ID2all concept unveiled by VW in March. The production ID2 is due to launch in 2025 as an affordable small EV priced below…
Tesla Inc. has gotten approval from the city of Los Angeles to build an all-night diner and drive-in theater where customers can recharge their stomachs and cars simultaneously. The Supercharger…
Estimating a car buyer’s income is not always easy, especially when the buyer is a gig worker who might not be including commission in their total pay. In addition, lenders…