BMW acquires Alpina performance brand
Alpina, based near Munich, was founded in 1965 and develops and sells high-performance versions of BMW vehicles.
Toyota will cut domestic production 20% to ease strain on supply chain
Toyota President Akio Toyoda told union members in Japan that suppliers would be exhausted unless there was a “sound” production plan.
Volvo CEO Samuelsson, Stellantis boss Tavares try different tactics with suppliers
Instead of using aggressive tactics against suppliers, Volvo CEO Hakan Samuelsson believes automakers need to take more control over key components.
Rivian focused on long-term goals after heavy Q4 losses
Rivian is struggling to ramp up output of the R1T pickup and R1S SUV on parts shortages, but it is moving forward with new batteries and vehicle configurations.
NADA's Mike Stanton, Alliance's John Bozzella: Dealers, automakers ‘all in' on electrification
The chief executives from trade associations representing franchised dealers and automakers said the two major stakeholders must work together as the industry commits billions to produce and sell more electric vehicles by the end of the decade.