Toyota to boost EV development and technology in China
Toyota is to accelerate powertrain development with suppliers Denso and Aisin as well as local design and development of “smart cockpits” that meet the needs of the Chinese market.
Maserati will never enter a price war with competitors, CEO says
Maserati, which almost doubled its profit in the first half, is scrutinizing its dealers to ensure they are maintaining discipline on prices.
Burning car carrier off Dutch coast with 500 EVs being towed away from shipping lanes
The Fremantle Highway burning off the Dutch coast is carrying nearly 500 electric vehicles, including BMW and Mercedes cars.
Auto seating supplier scraps unprofitable Jeep business near Detroit
The Jeep seating business is being picked up by Lear Corp., which said in an earnings presentation in April that it won a conquest award to supply complete seats for the Wagoneer and Grand Wagoneer launching in late 2023.
Editorial: Goldilocks EV policy is easier said than done
As the U.S. auto industry attempts to do its part to slow the warming of the planet, there’s room for debate about how big that role needs to be.