Lincoln, GM and Ford dealerships sell in deals across 4 states
Lincoln, Cadillac-Buick-GMC, Chevy and Ford dealerships traded hands in Q4 and Q1 transactions in four states.
Inventory crisis dragged U.S. auto sales to a decade low in 2022
Rising inventory numbers bode well for U.S. sales in 2023. But now the economy is worrisome and prices are too high.
DOE awards $42 million in grants for R&D of more affordable, efficient EV batteries
The funding will strengthen the domestic supply chain by yielding batteries that last longer, charge faster, perform efficiently in freezing temperatures and have greater range retention, DOE said.
Bosch to open billion-dollar R&D center in Suzhou
The center will develop and assemble components for electromobility and automated driving to sell primarily to Chinese customers.
Marelli returns from restructuring with a new game plan
The world’s 20th-largest auto supplier is looking to boost collaboration with automakers and tech companies while regionalizing its manufacturing strategy as it emerges from last year’s court-led financial restructuring.