BMW Cuts Margin Forecast for 2022
BMW reports 2022 margins will be lower because of the Russia-Ukraine conflict.
March 17, 2022
BMW reports 2022 margins will be lower because of the Russia-Ukraine conflict.
March 17, 2022
Alternative fuel vehicles now represent nearly 16% of new vehicle financing; banks originated more than 55% of new alternative fuel vehicle loans.
February 24, 2022
CEO Jim Farley says the automaker has no plans to spin off its EV business during a virtual Wolfe Research investor conference.
February 24, 2022
Nissan Motor Co. Ltd. plans to stop developing new internal combustion engines except in the U.S.
February 9, 2022
Global sales in 2021 were the second-highest annual result for Lexus. The brand’s all-time sales record of 765,330 units came in 2019 before the pandemic.
February 1, 2022
The White House hosted the chief executives of major U.S. companies including auto and tech sector firms this week to discuss President Joe Biden's $1.75 trillion Build Back Better legislation.
January 26, 2022
U.S. faces tough choices in 2022 on mines for electric-vehicle metals.
December 23, 2021
Ford Motor Co. CEO Jim Farley says he hopes to overtake Tesla in U.S. electric-vehicle sales, but first he hopes to overtake GM.
December 16, 2021
The proposed strategy includes building 500,000 charging stations for electric vehicles across the country and lowering the cost of electric cars.
December 16, 2021
Commerce Secretary urges Congress to pass funding designed to boost domestic production of semiconductor chips.
November 30, 2021
Automaker reports batteries will power half of the vehicles it sells by 2030.
November 30, 2021
Dealers can boost electric vehicle sales when they take an educational stance with consumers.
November 16, 2021
A key priority in the bill is spending $7.5 billion to build a national network of 500,000 electric vehicle (EV) charging stations.
November 9, 2021
Automakers remain divided over the larger tax credit for EVs built in Union shops and other measures in the green energy plan.
October 13, 2021
How electric vehicles will spark new opportunities in dealerships ready for change.
October 5, 2021
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