Stellantis CEO says EV 'sweet spot' is $25K | New EV charging network to launch | Nissan offers 0% financing on Rogue | Mercedes vehicles aboard burning cargo ship | Fires put EV progress at risk

The Stellantis CEO has warned the middle class will be priced out of the EV market if automakers can't absorb the additional production costs they require.

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Thursday, July 27, 2023 Subscription Required Tavares says EV 'sweet spot' is $25K, criticizes labor strikes as 'destructive' Stellantis CEO Tavares defends absence from UAW talks Stellantis' first-half profits and revenue rise as supply issues ease   Read More > Unlock access to 11 weeks of Future Product Pipeline content & save 50% on Automotive News's Data Center when you subscribe. In challenge to Tesla, major automakers launch EV charging network   Read More > Subscription Required Nissan turns to 0% financing deal to entice Rogue buyers   Read More > Advertisement Take Your F&I Revenue To a New Level Over 10,000 dealers trust J.D. Power Darwin to sell F&I Protection at the point of purchase, in the service lane or through personalized automated follow-up. Any DMS, any product provider. Increase profitability and Book a Demo today >. Subscription Required Nissan may start exporting from China as sales slump   Read More > Mercedes vehicles aboard cargo ship ablaze off Dutch coast   Read More > Subscription Required Fires risk turning EV progress to ash   Read More > Sponsored Content From Ally Ally All Ears Podcast: Protecting your dealerships against cyber-attacks In this episode of the All Ears podcast, Emma Hancock and guest Donna Hart, Executive Director and Chief Information Security Officer at Ally Financial, discuss the pressing issue of cybersecurity in the auto industry.   Read More > Subscription Required Fed raises interest rates 0.25 of a point as new-car loans loom at 7%   Read More > Subscription Required Penske Automotive Q2 earnings fall on record revenue   Read More > DAILY DRIVE PODCAST: July 26, 2023   Goodyear Chief Technology Officer Chris Helsel joins the show to talk about new technologies as well as the Goodyear Ventures fund he leads. Stellantis says earnings and revenue gained momentum during the first half of the year. And some big automakers challenge Tesla with their own new EV charging network. LISTEN HERE >     Subscription Required Group 1 Q2 net income falls 13% despite record revenue   Read More > Subscription Required Lithia says Q2 net income slipped 11% while new stores lifted revenue 12%   Read More > Sponsored By PTC Bringing AI-Enhanced Visual Inspection to Manufacturing Manufacturers are focused on one of the most important stages of the manufacturing process: visual inspection for quality control. Many are looking to combine augmented reality (AR) and artificial intelligence (AI) to make inspections more efficient and lessen the potential for mistakes.   Read More > Subscription Required Toyota set to show Land Cruiser Aug. 1   Read More > Subscription Required Auto industry exec, lawmakers stress China risk in revived AV policy debate   Read More > Goodyear adds 3 new directors, including former Ford exec Hinrichs   Read More > Automotive News Newscasts With 3 different podcasts to choose from, we cover all that you need to know in the automotive industry. Listen to any – or all – of our podcasts now. Future Product Pipeline Get an insider look at the 5-year product plans for every major automaker. Subscribe & save 50% This email was sent to bimoharjanto.ankerbellok@blogger.com Manage My Account | Contact Us   © 2023 Automotive News 1155 Gratiot Ave., Detroit, MI 48207-2997 United States Privacy Policy | Terms and Conditions | Unsubscribe