Things Don't Look Good for EVs: Sales Plummet In October Following Elimination of Federal Tax Credit
Some of the bestselling EVs saw significant declines, including the Hyundai Ioniq 5, Kia EV6, and Honda Prologue.
GM is consolidating operations in EMEA and ANZ under Mike MacPhee as president, reporting to Rory Harvey, effective Nov 15.
GM and Samsung SDI slow construction on their $3.5B Indiana EV battery plant, leading to layoffs as the automaker rethinks its strategy amid a shifting market.
CEO Jim Farley has forecasted U.S. EV sales will halve as a result of the lost up-to $7,500 federal tax credit.
General Motors is set to lay off 3,400 workers at facilities building electric vehicles, including more than a thousand employees at a plant in Detroit.
The layoffs at General Motors continue as the automotive giant axes yet another group of salaried employees. Recently, it was ...
(Reuters) -Ford on Monday reported a 1.6% rise in U.S. sales in October, as a rise in demand for pickup trucks offset falling electric vehicle volumes. U.S. President Donald Trump's tax and spending ...
Honda offers a fairly comprehensive warranty package for the Prologue range, including a 36-month or 36,000-mile basic ...
The week saw major auto industry shifts as Toyota and Nissan aligned strategies with Trump, Tesla's European sales fell, GM announced layoffs, Ford forecasted EV growth, and Xpeng expanded globally.
There are concerning signs for the GM-Samsung electric vehicle battery plant under construction in New Carlisle.RELATED:GM ...
GM plans to upgrade Super Cruise for eyes-off driving in 2028, pushing closer to fully autonomous vehicle technology.
The NHTSA is recalling 22,914 Cadillac Optic and Chevrolet Equinox EV vehicles. Issues have been found with the tires manufactured by Germany's Continental AG. The Chevrolet Equinox EV has been GM's ...
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