Automotive News

Fluctuating prices and preferential treatment given to some dealers create a sense of unfairness and unpredictability.

Many suppliers who bought into rosy EV production forecasts from their Detroit 3 customers now face the reality of unmet expectations.

The automaker has invested in and partnered with companies along the EV battery supply chain, from raw materials to recycling, as it works to secure a supply chain for its electric vehicles.

Large suppliers including Bosch, Magna and Forvia are investing significant resources in AI tools they say will help them become more nimble.

Americans this summer were having a harder time paying bills and feeling greater concern about making ends meet compared with a year earlier, according to the July 2024 edition of the Federal Reserve Bank of Philadelphia's Labor, Income, Finances, and Expectations Survey.

The Biden administration is poised to loan nearly $671 million to Aspen Aerogels Inc. to make a key component of electric car batteries in the election battleground state of Georgia. Aspen Aerogel shares surged as much as 20 percent in New York.  The conditional financing,...