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Top executive reports Toyota Motor Corp. will shift electric-vehicle production to the U.S. if demand continues to grow.
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Today’s news pushed Ford shares up 6%. Ford stock prices have doubled since CEO Jim Farley took the helm in October 2020.
Read More →Biden stressed that the country needs automakers and other companies to keep manufacturing in America and “not take the benefits of our public investments and expand electric vehicles and battery manufacturing abroad."
Read More →Phoenix Brand Effect has identified some key advertising learnings that can help EV brands break through this increasingly crowded marketplace.
Read More →The automaker bases this assessment on a belief that electric vehicles will not catch up to gasoline-powered vehicles in terms of cost and convenience by 2030.
Read More →Michael Boehm joins as GM of Juice Americas Inc. to further global expansion strategy to support the growing EV market.
Read More →Volkswagen AG forecasts operating return on sales at 5.5% to 7% for 2021, compared to a previous range of 5% to 6.5%.
Read More →Assurant EV One℠ provides wear and tear coverage giving consumers peace of mind protection from cost of maintenance and unexpected repairs.
Read More →Ford CEO Jim Hackett said on Tuesday the automaker plans to reduce engineering costs by 50% through 2022. Ford will also shift investment into trucks and electrified vehicles, and reduce costs and investment in sedans and internal combustion engines.
Read More →A new report from J.D. Power finds owners of the Tesla Model S and Model X have acknowledged numerous quality issues but show no signs of disloyalty.
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