Biden spending proposal backs union-made EV credit
Electric vehicles made by American manufacturers with union-represented workers would be allowed to offer an additional $4,500, a proposal automakers with non-unionized plants have objected to.
Lear to buy Kongsberg Automotive's comfort seating unit for $202 million
Kongsberg deal gives Lear a larger suite of comfort seating products to enhance vehicle performance and packaging.
Toyota invests $461 million in Kentucky complex; Lexus ES to move back to Japan
The Japanese automaker will also offer permanent jobs to 1,400 employees currently working there through Kelly Services, as well as to all future employees.
Vietnam's VinFast wants to open U.S. showrooms in 2022 to take EV crossover preorders
With the appointment of a German auto veteran as CEO, Vietnam’s VinFast Global intends to make good on its name by going global fast.
Spitzer, Friendly Auto and D-Patrick acquire dealerships
Three dealerships groups added domestic-brand stores in October acquisitions across three states, with one group also buying an import-brand store.