Benteler CEO Ralf Göttel says what's most important to automakers on EV programs is demonstrating scalability, sharing and creating economies of scale.
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Ford has tapped actress Sydney Sweeney, stunt driver Dee Bryant and surfer Kai Lenny to revitalize its 'Built Ford Proud' campaign, which had been dormant for three years.
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Asahi Kasei is in the race to figure out how to passively detect drivers who are under the influence of alcohol and deliver its solution in time for a new U.S. technology mandate.
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Shawn Fain, who ran as a reformer, will be the union's fifth president in the past five years.
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Toyota Walnut Creek is tapping stay-at-home parents to source used cars via the Internet.
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Ford will have lost $6 billion on EVs over three years but believes it can reach profit margins of 8 percent on EVs and 10 percent companywide by the end of 2026.
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As automakers and battery producers quickly ramp up to mass production of EVs, they need to look out for water leaks.
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Napleton Auto Group partners Paul Napleton and Danny Randolph acquired five dealerships in Wisconsin and Illinois in three 2022 transactions.
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Kia's sales chief Eric Watson says retail sales will remain at modest levels throughout the year, and economic headwinds will keep industry in check as inventory levels build back.
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Used-vehicle retailer Canada Drives has filed for and been granted creditor protection as the company seeks to restructure its business and abandon online sales amid escalating inventory costs and weakening used-vehicle prices.
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