Friday, August 9, 2024

Why losses are piling up at Rivian, Lucid | Stellantis invests in air taxis | Remnants of tropical storm hit N.C. dealerships | Editorial: The path to an all-EV future | Tesla EVs shunned in Germany

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Daily

Friday, August 9, 2024

Losses continue to pile up at Rivian and Lucid in Q2

Both EV makers have received large cash infusions to help stem cash burn and pay for continued operations.

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PACE Program: Recognizing Breakthrough Innovation for 30 Years. Apply Now.

Stellantis to help fund Archer Aviation's air-taxi production costs

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Still-churning Tropical Storm Debby prompted Raleigh auto dealerships to move vehicles

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Optimize Electrification: Six Considerations When Choosing Fasteners for Your EV Project

Discover how to drive efficiency and performance in your electrification projects with our comprehensive eBook on fastener selection.

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Register now to see GM's Marissa West and VW's Pablo Di Si at the Automotive News Congress

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Editorial: The path to an all-EV future depends on strong automaker-supplier partnerships

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Mastering Software Complexity in Automotive: Is Release Possible Within a Few Days?

Advancements in software are driving the automotive industry forward, but with these advancements come complexities that can determine your success.

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CDK cyberattacks dampen public dealership groups' Q2 numbers

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Feldman buys car dealership that battled back after Chrysler bankruptcy

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Linamar's Linda Hasenfratz steps down as CEO, remains executive chair, company says

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Volvo ups sticker price on new EX90 EV by $3,300 despite missing features

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Daily Drive Podcast: Sonic calls out 'ridiculous' inventories; Nissan's David Johnson

A Sonic Automotive executive is chiding automakers including Stellantis and Nissan for swelling inventories. Used-car prices tick up from June. Plus, David Johnson, Nissan Americas senior vice president for manufacturing, supply chain management and purchasing, talks about a labor strategy that starts in elementary schools.

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