Big utilization drop for North American auto factories on the horizon as EV production begins
Automakers will build less than two-thirds of their vehicle assembly capacity in 2030, according to GlobalData....
Mercedes Bets We’ll Embrace Four-Cylinder AMGs Like Smartphones
The thinking is people were initially reluctant to buttonless smartphones, just like car enthusiasts need time to warm up to downsizing....
Sustainable products give manufacturers an edge over competition, suppliers say
Suppliers and automakers increasingly see developing sustainable products not just as a way to check a box on climate targets but to help them save costs and differentiate themselves from competitors....
Automakers, suppliers need to work together through EV transition
Automakers and suppliers have similar challenges in the bumpy EV transition, panelists said at the 2024 Car Management Briefing Seminars....
BMW Warns of ‘Bogus’ Synthetic Fuel Legislation
The CEO is worried it would be a "deliberate ban on combustion engines through the back door."...
Audi and Costco Auto Program bring back new-vehicle incentives
Audi and Costco Auto Program brings back new-vehicle incentives with three incentives available: $1,000, $1,500 or $3,000....
Sonic Automotive Q2 net income jumps despite CDK outage
Sonic Automotive's net income nearly doubled in the second quarter despite an outage related to the CDK cyberattacks....
Pricing, interest rates temper sales rebound
Overall growth is expected to slow in the second half after sales rose 2.2 percent in the first six months of 2024. Analysts say high interest rates and borrowing costs as well as elevated prices are preventing more robust demand....
It’s Audi’s Turn to Say Gas Cars Could Stick Around
The original plan was to go fully electric by 2033 but Audi is now "flexible."...
1 Thing We’re Talking About: The importance of annual lift inspections
Neglecting to inspect service department lifts every year can endanger technicians and other staff, says lift inspector Ed Gibbons....