GM Just Laid Off Over 1,000 People
The layoffs represent 1.6 percent of the company's entire salaried workforce....
Average dealership pretax profit slipped 33% in the first half of 2024, report says
The report from Presidio Group and NCM Associates also found the typical dealership hasn't reduced expenses quickly enough amid profitability declines....
Column: EV transition requires battery and charging technology advances
Consumers will switch to EVs after the range and charging speed matches that of gasoline vehicle refueling....
Are recent job cuts the start of a bloodbath?
TO THE EDITOR: Regarding autonews.com’s “Stellantis laying off up to 2,450 workers at Mich. truck plant” (Aug. 9), “Nissan offers buyouts to salaried workers as U.S. business slides” (Aug. 6) and “Seating supplier to cut jobs in Detroit after truck discontinuation” (Aug. 2), along with a video discussion about Chrysler’s future with Stellantis (Aug. 5) : Are we looking at the beginnings of a bloodbath? ROBERT GAULT, President, Gault Chevrolet Endicott, N.Y....
Current EV battery chemistry maintains lead as research on improved formulations continues
But variations of a lithium iron phosphate chemistry could make up a third of the market by 2030, surging from less than 10 percent today, according to Boston Consulting Group....
Sales folks just wanna have fun: Bob Rohrman Toyota snags customers with exciting promotions
The store's general manager credits the fun environment with helping retain employees....
Column: Signs of progress in America’s thousand-mile journey to electric vehicles
The industry will figure EVs out, but it will take time....
Column: Signs of progress in America’s thousand-mile journey to electric vehicles
The industry will figure EVs out, but it will take time....
Leo Michael cartoon: Apples and oranges
Average plant capacity utilization — or a plant's actual production rate compared with its potential rate — is 70 percent in North America so far this year, according to GlobalData. That's 10 points shy of the level most carmakers strive for. Capacity utilization will fall again starting next year and plunge to an average 65 percent in 2030 and 63 percent in 2035....
China’s EV makers lose ground in EU after new tariffs take effect
Chinese automakers, including BYD and SAIC's MG, registered 45 percent fewer new EVs in the EU last month compared with June....