Ferrari, Philip Morris to collaborate to cut carbon footprint of Italian plants
Ferrari is developing its first full-electric car and has pledged to become carbon-neutral by 2030.
As U.S. EV market flattens, some brands perk up and gain on Tesla
EV registrations grew at a healthy pace, led by old-guard luxury brands, in the January-to-October period but are no longer taking share from gasoline and hybrid vehicles, according to the most recent new-vehicle registration data from Experian.
Ford's Doug Field makes biggest nonfamily insider stock buy in decades
The $2 million share purchase by former Apple and Tesla executive Doug Fields is a show of confidence in the automaker’s future, a spokesperson said.
GM extends assembly plant downtime for maintenance, product changeovers
Wentzville Assembly will be off-line for an extra week before the holiday break, and five plants are scheduled to stay closed until Jan. 8.
Jeep Renegade axed in U.S., Canada as brand moves upscale
The brand’s move to trim the lower end of its lineup comes as the new CEO and North American chief try to reverse falling sales by adding burly $100,000 SUVs and premium-priced electrified models.