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Stellantis cuts costs rather than turn defensive as Chinese threat grows

CEO Carlos Tavares said Stellantis would stick to its "asset light" strategy in China, mainly focused on exporting to the country rather than manufacturing there.  

Sat Jun 15, 2024 21:53
Dealership group shuttles used cars among stores to boost selection for buyers

A New England dealership group shares its used cars among its stores and can deploy employees to shuttle them to potential buyers at stores within its network.

Sat Jun 15, 2024 14:47
Tesla CEO Elon Musk received 77% shareholder approval for $56 billion payout

"We think the news takes a potentially disastrous scenario off the table, in which Musk could have potentially left Tesla and opted to dedicate more time to his other (non-public) companies," CFRA Research said.

Sat Jun 15, 2024 05:49
Automotive News Europe Congress: Exploring innovation in auto

A highlight of the two-day event was the 14th annual Automotive News Europe Rising Stars dinner honoring 20 young, talented executives from companies such as Volkswagen, Mercedes, BMW, Lotus and Continental.

Sat Jun 15, 2024 05:49
Hyundai and Kia led U.S. in vehicle thefts in 2023 after TikTok videos

TikTok videos targeted 2011-21 Hyundai and Kia models that didn't have engine immobilizers.

Sat Jun 15, 2024 05:49
Chevrolet elevates Tony Roma to lead Corvette development

Tony Roma, chief engineer of the electric Cadillac Celestiq ultraluxury sedan, will take over July 1 as executive chief engineer for GM's new global Corvette and performance cars team, succeeding the retiring Tadge Juechter.

Sat Jun 15, 2024 05:49

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