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Auto News
Why GM is considering launching a Cadillac Financial loan brand
DETROIT - General Motors plans to launch a Cadillac badge-bearing finance brand for its luxury customers and dealers next year, according to an internal rating obtained by Automotive News.
Cadillac Financial, which will operate under the…
VW to decide on a battery plant in Eastern Europe in the first half of 2022
PRAGUE - The Volkswagen Group will decide next year on the location of a battery cell factory in Eastern Europe, the automaker said.
Earlier this year, VW announced its intention to build six battery cell factories across Europe by 2030…
Will the Genesis GV60 stand out among electric vehicles?
The brand's combustion engine vehicles have been well received, especially the GV70 and GV80 crossovers that arrived in the United States in the past year. But SangYup Lee, director of the Hyundai Global Design Center, said in a recent…
Michigan Environmental Regulators Denounce Air Quality Violation at Stellantis Due to Smells from…
DETROIT - State environmental regulators say there is a "moderate to strong" paint or solvent odor emitted by automaker Stellantis' Jeep assembly plant in east Detroit.
The Michigan Department of the Environment, Great Lakes and Energy…
The world’s top chipmakers resist Biden’s offer for supply chain data
United Microelectronics Corp., the smaller counterpart, declined to comment on its response to the US query, although CFO Liu Chi-tung said Bloomberg News that the company will protect non-public customer information.
Meanwhile, the South…
Morgan Auto buys Reeves Import Motorcars, winning 7 stores in Tampa, Florida.
Terms of the contract are not disclosed. Neither side used a broker, Morgan said.
Reeves had owned the dealership group since 1971, starting with a Volkswagen dealership.
“This was actually the third time we've had any kind of…
Chip crisis shatters industry hopes of a sales recovery after pandemic
Hopes that 2021 would recoup much of the auto sales lost to the pandemic in 2020 are fading as the semiconductor shortage continues to lead to widespread plant shutdowns.
Last month, IHS Markit, which many automakers use as a benchmark for…
Nio hires designers from Jaguar Land Rover, VW group for Munich studio
Garcia, who holds a master's degree from the Royal College of Art in England, began his career at Renault and later joined Ford.
He ran his own studio for several years before joining Skoda in 2010 as design coordinator, and joined Seat /…
Management changes at Automotive News
Automotive News on Monday announced a retirement, hiring and promotion as publisher KC Crain continues to reshape its management team.
Movements :
• Dave Versical, 66, has decided to retire. Versical joined the newspaper as a journalist…
Polestar’s PSPC deal fuels rapid expansion
Polestar's $ 20 billion valuation includes debt, although the company did not specify an amount.
Polestar is following the lead of Lucid Motors of Newark, Calif., Which turned its own SPAC deal into a market cap of around $ 40 billion last…