1+ week, 6+ day ago   (298+ words) The electrical/electronic architecture and jointly developed ECUs and software are planned for the companies’ next-generation SDVs in fiscal year 2029 and beyond. Honda and Nissan aim to strengthen their competitiveness through faster development cycles and more efficient investments. The two…...

1+ mon, 3+ day ago   (404+ words) SAIC-GM will increase focus on the Buick and Cadillac brands and plan to launch at least 30 new energy vehicles in the China market by 2030. The 50/50 joint venture between GM and SAIC Motor was founded in June 1997 as Shanghai General Motors…...

1+ mon, 1+ week ago   (546+ words) Although the EV maker continues to reduce its losses, it has never turned a profit and executives expect sustained headwinds due to external cost pressures. Although Rivian continues to narrow its losses, which were $62 million in Q1, the company has never…...

1+ mon, 2+ week ago   (704+ words) The deal calls for the automakers to build two new Ford multi-energy vehicles and two new Geely electric SUVs at the Valencia plant. Ford Motor Company will enter a joint venture with China-based Geely Auto to build cars at the…...

1+ mon, 3+ week ago   (467+ words) Two current owners of global retailer Penske Automotive Group are offering $210 a share, subject to shareholder and regulatory approval. Penske Corp., Tokyo-based Mitsui & Co. Ltd., and Mitsui’s New York-based U.S. subsidiary announced a proposal on July 22 to acquire the 27.8% of…...

1+ mon, 3+ week ago   (841+ words) The China-based EV and tech startup is expanding in Europe but also is eyeing the potential of North America, according to its CEO. China-based eletric vehicle and technology startup Xpeng is prepared to enter the lucrative U.S. market when the political…...

1+ mon, 3+ week ago   (855+ words) The China-based EV and tech start-up is expanding in Europe, but also is eyeing the potential of North America, according to its CEO. China-based eletric vehicle and technology start-up Xpeng is prepared to enter the lucrative U.S. market when the political…...

1+ mon, 3+ week ago   (425+ words) Matt VanDyke, who has been tapped to lead Ram, previously served as CEO of FordDirect. Broderdorf has served as Jeep CEO since February 2025, but will be taking time off for medical leave. When he returns, he will assume another leadership…...

1+ mon, 4+ week ago   (582+ words) As the EV maker struggles to find anything close to the volume it previously projected for its lauded Gravity SUV, Lucid has replaced nearly its entire C-suite and seeks more accountability. Lucid Motors on Tuesday filed an SEC 8-K disclosing…...

2+ mon, 1+ week ago   (590+ words) The automaker is renovating its 73-year-old Product Development Center into its new World Headquarters South. With its 70-year-old Glass House headquarters becoming outmoded and fading into history, Ford Motor Co. asked itself, “Where do we grow from here?” The automaker…...