A listing of Northvolt during the next two years is a “reasonable” expectation, the supplier says, although the company, which has a value of about $12 billion, has “no need from a funding perspective,” it added.
Continue Reading the above article 'BMW, VW backed Northvolt moves forward with $12B b...
Toyota is the latest automaker to collaborate with battery recycling company Redwood Materials as it works to provide a more sustainable battery supply chain for its electric vehicle push.
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Experts say a significant improvement in the fuel economy of most internal-combustion vehicles, including large trucks and utilities, means consumers aren't feeling the need to switch to smaller options.
Continue Reading the above article 'Gas prices not denting demand for new cars...
CarMax Inc., like other major players in the automotive retail world, finds itself trying to maneuver through a year hampered by sunken buyer confidence.
Continue Reading the above article 'CarMax sales fall, but it holds onto per-vehicle p...
Sales revenue at the world's largest parts suppliers bounced back significantly from 2020, even surpassing 2019 results in many cases. But beneath those numbers, suppliers are feeling the pinch.
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Infiniti is rolling into a brand campaign that will include a new look for dealerships, a new design language for vehicles and a flurry of accents for customer touch points, such as a signature Infiniti sound.
Continue Reading the above article 'Infiniti QX80 redesign will shine as the center of...
Toyota's slowdown expands the count of lost production to some 400,000 vehicles in the fiscal year finishing March 31, 2023. Despite the fall back, Toyota is keeping its production goal unchanged at 9.7 million vehicles for the full fiscal year, an all-time high if achieved.
Continue Reading the above article 'Pandemic, supply woes still hammering Toyota produ...
Toyota Boshoku, the automaker's main seating and interior supplier, is answering the call for future robotaxis and drone delivery docks.
Continue Reading the above article 'Supplier Toyota Boshoku sees quadrupling of sales ...
Hopes that the microchip shortage was easing off are proving premature. In the past 60 days, AFS has increased its forecast for lost 2022 production by 800,000 vehicles.
Continue Reading the above article 'The latest numbers on the microchip shortage: Eur...
Dealership buy-sell activity in the first quarter of 2022 was similar to that of the same period in 2021, according to data compiled from industry experts and Automotive News.
Continue Reading the above article 'Q1 buy-sells tracking on same busy pace as '21...