General Motors Strikes Deal To Offload Battery Plant Stake To LG
General Motors Strikes Deal To Offload Battery Plant Stake To LG General Motors (GM) announced Monday a shift in its electric vehicle (EV) strategy by agreeing to sell its share of a…
Former General Motors Manager Found Guilty of Conspiring to Receive Bribe from Foreign Parts Supplier Seeking Contract
LOS ANGELES – A former manager at General Motors was found guilty by a jury today of conspiring to solicit and receive a $5 million bribe from a South Korean company in…
Lordstown Motors ex-CEO approved to buy company assets for $10 million
By Dietrich Knauth NEW YORK (Reuters) – Electric vehicle company Lordstown Motors received U.S. bankruptcy court approval Wednesday to sell its manufacturing assets to a new company affiliated with its founder and…
Mitsubishi Motors to exit from China production – Nikkei
TOKYO (Reuters) -Mitsubishi Motors has decided to end automobile production in China, the Nikkei newspaper reported on Wednesday. The Japanese automaker is making final arrangements with its local joint venture partner Guangzhou…
Indonesia says Mitsubishi Motors plans to invest $375 million in 2024
JAKARTA (Reuters) – Indonesia’s industry ministry said on Wednesday Japanese carmaker Mitsubishi Motors was planning to invest 5.7 trillion rupiah ($375.25 million) in 2024 to expand its production capacity in the country.…
Mitsubishi Motors takes one-time $78 million hit from China woes
TOKYO (Reuters) – Mitsubishi Motors Corp will take a one-time hit of 10.5 billion yen ($78.31 million) related to slowing sales at its China unit, it said on Tuesday, as mounting competition…
Lordstown Motors resumes production, deliveries after snafu
(Reuters) – Electric-vehicle company Lordstown Motors Corp said on Tuesday production and deliveries of its Endurance electric pick-up truck resumed this month after a pause in February to address quality issues. EV…
Tata Motors looks to expand electric car portfolio, add pricier models
By Aditi Shah and Praveen Paramasivam GREATER NOIDA, India (Reuters) – Tata Motors plans to expand its electric car portfolio with new models and higher price points, its managing director said on…
Federal Court Orders Parts Manufacturer For Hyundai, Kia Motors To End ‘Oppressive’ Child Labor Practices
Federal Court Orders Parts Manufacturer For Hyundai, Kia Motors To End ‘Oppressive’ Child Labor Practices Bronson Winslow on October 11, 2022 The U.S. Department of Labor (DOL) obtained a federal court…
General Motors third-quarter U.S. auto sales jump 24%
(Reuters) – General Motors Co reported a rise in quarterly U.S. auto sales on Monday, as pent-up consumer demand from the pandemic boosted sales volume. The U.S. automaker said third-quarter sales rose…
Tata Motors launches $10,000 electric car in India to further its lead
By Aditi Shah NEW DELHI (Reuters) -Tata Motors launched India’s lowest priced electric car at a little over $10,000 on Wednesday as the country’s only electric vehicle (EV) maker looks to draw…
Tata Motors to buy Ford India’s manufacturing plant for $91 million
(Reuters) – Tata Motors Ltd signed an agreement on Sunday to buy Ford Motor’s manufacturing plant in the western state of Gujarat for 7.26 billion rupees ($91.5 million). The agreement between the…
General Motors to produce 2024 Chevrolet Blazer EV at Ramos Arizpe in Mexico
MEXICO CITY – General Motors said on Monday that it will build the 2024 Chevrolet Blazer EV, an electric vehicle, at a plant in the northern Mexican city of Ramos Arizpe. The…
LG Energy Solution to supply batteries to Japan’s Isuzu Motors -newspaper
SEOUL – South Korea’s LG Energy Solution is on track to supply Japanese commercial vehicle maker Isuzu Motors with an estimated 1 trillion won ($763 million) or more worth of batteries, a…
Hyundai Motor’s South Korea trade union aims to resume annual wage talks
By Heekyong Yang SEOUL – The union that represents Hyundai Motor Co’s South Korean workers said on Tuesday it plans to resume a week of wage talks with management on Wednesday, staving…
Tata Motors aims to sell 50,000 EVs in this fiscal yr
NEW DELHI – Tata Motors aims to sell about 50,000 electric vehicles (EVs) in the fiscal year to March 31, and double that in the 2023/24 period, Chairman N Chandrasekaran told a…
Mitsubishi Motors Reports Second Quarter 2022 Sales, Outlander Sales Performance Continues to Lead the Way
The 2022 Outlander has earned outstanding customer and media accolades since launching in February of 2021. In that time, the seven-passenger SUV marked its best-four consecutive-quarters of retail-only sales since the nameplate…
Mitsubishi Motors Dealer Partner Spotlight – West Mitsubishi on Rising to the Occasion
In June, we are proud to feature farmer, first responder and West Mitsubishi Dealer Principal Gary Campbell, who recently rose to the occasion, when there was a medical emergency at a Mitsubishi…
Lucid Motors recalling 1,100 U.S. vehicles over display issue
WASHINGTON – Lucid Motors said Wednesday it is recalling 1,100 2022 Air vehicles because display screens may fail to work due to a wiring harness possibly not being secured properly. Lucid said…
Nissan, Mitsubishi Motors unveil light EVs for Japan
By Satoshi Sugiyama KURASHIKI, Japan – Japan’s Mitsubishi Motors Corp and Nissan Motor Co unveiled their first jointly developed light electric vehicles (EVs), aiming to draw more Japanese drivers to battery-powered cars…
Lordstown Motors shares surge after it sells assets to Foxconn
(Reuters) – Shares of Lordstown Motors shares surged over 23% in trading before the bell on Thursday after the electric vehicle startup said it had closed the deal to sell its Ohio…
Lordstown Motors signals need for more capital to boost production, shares drop
(Reuters) – Electric vehicle startup Lordstown Motors Corp said on Monday it needed $150 million in addition to the proceeds from its sale of assets to Taiwanese contract manufacturer Foxconn to put…
Mitsubishi Motors Announces Industry-Leading New Work-From-Home Policy
“Our new work from home policy comes down to one thing: tremendous trust in our employee team,” said recently appointed MMNA CEO Mark Chaffin. “Over the last two years, our employees have…
2023 Eclipse Cross To Feature Standard Super All-wheel Control; Mitsubishi Motors Announces Pricing And Specifications
With a starting MSRP of just $25,795.002,3, the 2023 Eclipse Cross is packed with a full suite of comfort and technology features, including Apple Car Play®4 and Android AutoTM5 integration on LE…
Sono Motors signs up new partner for solar car
BERLIN – Germany’s Sono Motors has signed up a new partner for its partly solar-powered cars and is sticking to its goal of commercial production in 2023, after abandoning talks with the…
Mitsubishi Motors Reports Strong First Quarter Sales Led By Record Sales Of All-New Outlander
MMNA’s flagship vehicle, the all-new 2022 Outlander, continued to lead the brand’s sales success for the quarter, with 13,065 total vehicles sold, a 218.2% year-over-year increase. Q1 2022 also represented the best-ever…
Breaking News
