Rivian produced 9,395 vehicles in Q1, delivered 7,946
The output was above the average 8,752 estimated by analysts,
Manchin steps up clash with Biden over electric-car tax credits
Senator Joe Manchin stepped up his fight with the Biden administration over its implementation of the president’s signature climate bill in a way Manchin says over-emphasizes clean energy technology, turns away from fossil-fuel production and spends too much.
Ford Credit debuts first-ever consumer ad campaign as auto lending market undergoes rapid change
With more people shopping online, lenders such as Ford Credit must shift strategies.
Tesla posts record quarterly deliveries after price cuts
Investors have been watching Musk’s gamble that cutting prices would stimulate sales, although they worry about eroding margins.
2023 Automotive News list of the top U.S. dealership groups shows many shifts
The groups on the annual Automotive News list commanded a bigger percentage of the U.S. industry’s new light-vehicle sales in 2022 and held a growing share of the U.S. dealership count.