BMW extends lead over perennial rival Mercedes-Benz in Q3
Mercedes cited a model changeover and parts shortage for its Q3 sales drop. But one retailer said EVs with high sticker prices are a drag on market share growth.
Mercedes cited a model changeover and parts shortage for its Q3 sales drop. But one retailer said EVs with high sticker prices are a drag on market share growth.
Shift Technologies terminated 120 employees last week ahead of its Chapter 11 filing and retained 24 employees to facilitate Shift’s wind-down of operations, according to a court filing.
Unifor has reached a tentative agreement with General Motors Canada after a strike that lasted a little more than 12 hours at three of the automaker’s Ontario workplaces.
Nearly 4,000 public charging stations were out of service as of Oct. 5, according to the U.S. Department of Energy. That’s an outage rate of more than 6 percent.
The EV startup has a production goal of more than 10,000 Air sedans this year. On Sunday, it launched the performance Sapphire trim, starting at $250,500 with shipping.