Credit Acceptance finalizes $27.2 million settlement with Massachusetts
Per the terms of the settlement, Credit Acceptance does not have to make any admission of liability.
Tesla’s China output halted for days last month on chip shortage, report says
Part of a production line at the automaker’s Shanghai plant was halted for about four days in August because of a lack of key chips, Bloomberg reported.
Subaru recalls some 2021 Imprezas on faulty weld
Until the inspection is completed by an authorized Subaru dealer, customers are being instructed to not drive the vehicle.
Stellantis to buy First Investors for $285M, create U.S. captive
Stellantis expects the cash deal for F1 Holdings to close by the end of the year.
Alliance releases principles on EV charging infrastructure
The Alliance for Automotive Innovation’s principles focus on key areas to support widespread infrastructure, including public and utility investments to scale up access to chargers and hydrogen fueling stations.