Long-troubled supplier to GM and Rivian files for bankruptcy
In May, GM, Stellantis and Yanfeng agreed to bail out the insolvent supplier with price increases and an investment of up to $15 million to tide over the company.
Mack's medium-duty EV box truck key to Volvo Group's zero-emission goal
Mack seizes an opportunity by jumping into the growing market for medium-duty electric trucks.
Fisker delays Q3 earnings report, sending stock sharply lower
The EV startup said that the departure of its chief accounting officer on Oct. 27 and the appointment of a new one Monday delayed earnings, which were rescheduled for Nov. 13.
Automakers call Maine vehicle right-to-repair approval ‘disappointing'
The measure, which received about 84 percent of the “yes” vote, requires automakers to standardize onboard diagnostic systems and make those systems remotely accessible to vehicle owners and independent repair shops.
Vroom seeks to raise capital, posts Q3 net loss
Vroom said it sold 4,561 vehicles via e-commerce in the quarter ended Sept. 30, down 29 percent from the year-ago period and up 11 percent quarter over quarter.