Ford revives Capri nameplate for coupe-style electric crossover
Ford is reviving the Capri nameplate for coupe-style electric crossover. The new EV will be built in Ford’s factory in Cologne, Germany.
Hyundai pushed fake EV sales reporting scheme, Napleton lawsuit claims
Hyundai said it does not ‘condone any intentional falsification of sales reporting data and [has] launched an immediate investigation.’
CATL poised to remain in global ‘pole position' on EV batteries despite U.S. tariffs
CATL is rapidly climbing the list of the world’s largest suppliers as it pursues an aggressive global growth strategy.
GM supplier to invest $390M in new Michigan plant, factory expansions
Gestamp is building a $64.5 million, 450,000-square-foot plant in suburban Detroit to support GM. The plant is expected to create 390 jobs.
Cox: Used-vehicle wholesale prices fall 8.9% in June from a year ago
Used-vehicle wholesale values fell 0.6 percent in June from May, Cox said July 9. A Cox expert also gave predicted diminishing lease maturities through the year.