Tesla’s price cuts almost put Scott Painter out of business
The combination of Elon Musk’s price cuts and Tesla’s accumulation of more inventory — meaning it’s easier than ever to quickly get a Tesla — pushed Scott Painter’s startup to the brink.
BorgWarner spinoff Phinia sees growth in ICE, alternative fuels
While the legacy company has eyes only for electric, the newly independent suburban Detroit supplier of fuel systems and aftermarket parts is unapologetically all in on gasoline and alternative fuels.
Hyundai union stages strike in South Korea for first time in five years
The government has pushed for reforms in labor unions and vowed strong responses to any illegal demonstration that disrupts public order.
Slower-selling EVs are automakers' new headache
Boosting U.S. EV sales above the current 7 percent market share level will be more costly and difficult than expected — even with federal and state subsidies.
Denso may sell some ICE-related operations to Niterra
Toyota affiliate Denso is negotiating a possible sale of some internal combustion engine-related operations to Niterra Co.