Ally Financial auto loan income, originations grow in Q4
Ally Financial’s pretax auto finance income rose 49 percent to $839 million during the fourth quarter.
Intel to invest $20B for Ohio chip hub; project 'critical' to automakers
The global chipmaker said it will begin construction of two fabrication plants on a 1,000-acre site near Columbus, with operations beginning by 2025.
Stellantis to retool Jefferson North in Detroit as pollution concerns linger at Mack Assembly
The promise of 1,100 new jobs is another boost for Detroit’s east side.
The hood scoop will fade away in the EV era
As designers and engineers work to make EVs more energy efficient by improving aerodynamics, the scoop is no longer needed.
Mercedes-Benz looks to Luminar in new lidar deal
Mercedes-Benz and Luminar have inked an agreement that calls for the lidar-tech company to supply its Iris sensors for use in automated highway-driving systems.