GM Financial halts lease-end payoffs with non-GM dealers
GM Financial will stop working with non-General Motors dealerships July 1 to ensure GM dealerships have “priority access” to leased vehicles coming back to market.
Stellantis adds more downtime at Illinois, Mexico plants
Operations at the plants will be idle the week of July 5 because of the continuing effects of the global semiconductor shortage. The plants , the Cherokee and Compass crossovers.
Ford technology chief leaving for Amazon
Ken Washington, who has been with the automaker since 2014, developed Ford’s next-generation electrical architecture and other advanced technologies.
Nikola invests $50 million in Indiana hydrogen energy hub
The project will use solid waste byproducts — such as petroleum coke combined with biomass — to produce hydrogen
Renault-Nissan to downgrade Daimler partnership, report says
The partnership with Daimler has looked in danger of losing steam.