Southwest forecasts a slower recovery in business travel
Southwest said corporate travel is recovering more slowly than it had expected, but that is offset by strong demand in leisure travel.
Mitsubishi Outlander PHEV heads to market with no EV credit
Under new rules, Mitsubishi’s Japan-made Outlander PHEV loses eligibility for a $7,500 federal EV incentive.
Lincoln president expects further dealer consolidation, doesn't plan buyout offers in EV pivot
Lincoln President Joy Falotico said she expects the luxury brand will end 2022 with under 600 retailers, down from the 685 it had as of the latest dealer census.
Hyundai Mobis sees billions in U.S. revenue growth from EVs
Korean supplier Hyundai Mobis is already doing a brisk business in North America. But the age of EVs will lift it higher.
Porsche IPO to comprise 911 million shares in nod to brand's famous model, report says
Investor roadshows are due to complete this Friday, allowing time for senior Porsche executives to hold discussions over the weekend before opening the book building process early next week, Reuters reported.