Stellantis, UAW back at odds over future of idled Belvidere plant
The UAW is threatening to strike Stellantis if it doesn’t recommit to a $4 billion plan that would reopen Belvidere Assembly and add three new facilities nearby.
Most powerful Corvette to date spied on famed German test track?
Chevrolet engineers have been spotted at the Nürburgring track with what could be the most powerful Corvette yet: the rumored Zora.
Tesla Cybertruck, Honda Prologue, sky-high incentives boost EV registrations
U.S. electric vehicle registrations surged 18 percent in July as Tesla’s numbers improved with the ramp-up of the Cybertruck pickup and Honda’s new Prologue crossover broke 3,000, the most recent data shows.
Ford will tap closed India factory to export
Ford will likely use the Indian plant, a source of low-cost production, to export to key markets, and possibly China, where it and other global automakers are losing ground to domestic rivals.
Self-driving tech spurs investment rebound in mobility sector
Investments in the mobility sector are perking up after a rough multi-year stretch, according to the latest data from financial insights firm Pitchbook. Deal vaues reached $6.7 billion in the second quarter in the segment.