auto current events Archives

Rivian’s stock rallies to highest in 2023 after posting strong deliveries

NEW YORK, July 7 (Reuters) – Shares of Rivian Automotive (RIVN.O) surged more than 18% on Friday as it continued to rally after the electric vehicle (EV) maker reported better-than-expected quarterly deliveries early this week. Rivian said on Monday it delivered 12,640 vehicles in the second quarter on steady demand from customers, beating market estimates. …

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Low-cost electric car may return to the United States soon

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See Full Image Gallery >> Last year, before GM was ready to publicly acknowledge the death of the Chevrolet Bolt, the puzzle pieces pointed so clearly to that outcome that we wrote, “Tell me you’re killing the Bolt without telling me you’re killing the Bolt.” The automaker made it official in April of this year, …

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Reasons DIY Auto Glass Solutions are a Bad Idea

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You may be tempted to try DIY auto glass solutions to resolve cracks in your windshield or other damage to your auto glass. However, these at-home kits can fail to produce the desired results and can even cause additional damage to your vehicle’s windshield in many cases. A Low Chance of Success According to the …

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Fiat Is About To Give It One More Try In The US

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Image of a Fiat 500e on a cobblestone road viewed from the front quarter. good morning! It’s Monday, June 5, 2023 and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: The Return …

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Microvast eyes options after Energy Department cancels $200M grant

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Lithium ion battery supplier Microvast Holdings said it is considering all options after the US Energy Department canceled a $200 million grant following lawmakers’ concerns over its alleged links to China. “Neither the Chinese government nor the Chinese Communist Party has any ownership in the company, nor do they control or influence company operations in …

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Nissan’s kinder, gentler approach to EVs: Leave no dealer behind

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Dealers in some jurisdictions south of the border are fighting automakers in court. In Canada, the controversy recently subsided somewhat after months of acrimonious negotiations between Ford Canada and a group of dealers pushing for changes to Ford’s e-certified program. Rather than a one-size-fits-all approach, the automaker appeared to listen to demanding retailers that it …

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GM and Ford car dealerships sell in 4 states

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Hunter Automotive acquires first store Jed Hunter and John Paul Strong of newly formed Hunter Automotive purchased their first store late last year from Jeff Southworth. Hunter’s wife, Meghan Hunter, was also a buyer. They closed on the former Southworth Ford in Marion, Ind., on Dec. 30. It was renamed Hunter Ford. Marion is in …

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At Car Pros dealerships, empathy is part of car sales

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The idea of establishing a training program centered around empathy did not spin out of Phillips’ postgraduate business education, but came from his study of psychology at Columbia. “We’re trying to move from change ‘done to’ people to change ‘done by’ people,” he said, adding that the concept is a more inclusive vs. top-down approach. …

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Mercedes-Benz has raw materials office in Canada

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Mercedes-Benz has opened a raw materials office in Canada as it pursues reliable sources of lithium and other critical minerals for its battery-electric vehicles. Markus Schäfer, chief technology officer at the German automaker, said the new office, which opened March 1, will put the company in “daily contact” with stakeholders as it builds relationships with …

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2024 Acura Integra Type S delivers 320 hp, sporty styling

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Acura has equipped the Integra Type S with a dual-axis front suspension — the same as the Civic Type R — and widened the tracks by 3.5 inches in the front and 1.9 inches in the rear. The front stabilizer bar adds 2 millimeters of thickness. The front and rear rotors are also larger, by …

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