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The Latest Breaking News from Automotive News

Tesla Stock May Benefit From Fed's "Soft Landing," Says Goldman Sachs

As the Federal Reserve hopes to engineer a "soft landing," steering the economy clear of recession while maintaining inflation, Tesla could benefit greatly.

InsideEVs

Ford To Cut Jobs In Europe As It Prepares For Electric Lineup

More than 1,000 employees in Germany could lose their jobs.

Motor1

VW Sues In Illinois To Avoid Paying Dealers For More Time On Warranty Work

Changes in the state's Motor Vehicle Franchise Act allegedly cost VW $10 million in extra warranty expenses last year.

Motor1

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Toyota Boss Thinks Going Green Involves Converting Existing ICE Cars

Akio Toyoda talks about a holistic approach to curbing the world's carbon emissions.

Motor1

The McLaren 720S Is Dead, But Its Successor Is Already On The Way

In fact, McLaren says that the 720S successor is already sold out until 2024.

Motor1

Buick US Dealers Required To Invest $300,000-$400,000 To Sell EVs

That's the minimum investment required of dealership for tooling, training and other EV equipment; the amount will vary based on the individual store.

InsideEVs

EVs Close To Gas Cars On Cost, But There Are Other Obstacles: JD Power

It seems everyone wants an EV today, but that's not yet the case. People who do want one may not be able to get one, and public charging is a big problem.

InsideEVs

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US: All-Electric Car Registrations Exceeded 600,000 By End Of October 2022

Sales of all-electric cars in the US accelerate, which translates into a gradually increasing market share.

InsideEVs

McLaren Sells Historic Cars To Secure Funding For Artura Upgrades

It still isn't enough as the company's still in talks with shareholders for recapitalization.

Motor1

SiriusXM Software Flaw Let Researchers Unlock And Start Cars Remotely

Toyota, Honda, Hyundai, and Nissan vehicles were accessible through an issue in the computer code, which has since been corrected.

Motor1

Volkswagen May Partner With Foxconn To Bring Scout EVs To US

Volkswagen is reviving the Scout brand, and the first copies are expected to by EVs coming in 2026. Now, it looks like VW may lean on Foxconn for the US market.

InsideEVs

Ford drives new dealer EV standards amid pushback — as Wall Street watches

Ford Motor Co. is moving forward with new standards governing how its retail network can sell electric vehicles amid some pushback from dealers — even as experts say the success of the EV strategy partly will depend on how the rollout goes.

Tribune News Service

Rivian Workers And UAW File Safety Complaints, But Incidents Are Low

Reports suggest at least 12 Rivian employees cited safety issues at the EV maker's Illinois factory, and complaints have been filed with regulators via the UAW.

InsideEVs

VW Brand Electric Pickup For US Unlikely To Happen This Decade

Volkswagen brand boss Thomas Schäfer says the rugged EV platform developed for the Scout brand is not in the company's future, at least not in this decade.

InsideEVs

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Motor1

Carvana Faces Title And Registration Issues Again, This Time In PA

Two Carvana locations have been added to Pennsylvania's list of suspended issuing agents.

Motor1

Mercedes Is The Latest Automaker To Leave Russia

It's selling the assets to a local auto dealer chain.

Motor1

Lincoln Dealers Have Until Dec 15 To Decide On $900k EV Investment

Dealers with Ford and Lincoln vehicles under one roof will have to invest in each to sell their EVs.

Motor1

Nissan Now Has 5,000-Mile Lease Deals For Rogue, Pathfinder

Can't decide how many miles you are going to drive per year? This one is for you.

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InsideEVs

Audi May Finally Build Cars In The US Thanks To New EV Tax Credit

The US EV tax credit has rules related to domestic manufacturing and battery materials' sourcing, and it's encouraging EV makers to open up shop on our shores.

Motor1

Ford Increases Lightning Base Price For Second Time In Two Months

The company is citing ongoing supply chain issues for the price rise.

InsideEVs

Toyota CEO Says California EV Targets Will Prove 'Rather Difficult'

Toyota CEO Akio Toyoda says the brand is like a department store and must offer many options for the consumer rather than deciding what people should buy.

InsideEVs

Can Tesla Maintain Its Big Lead As Other Brands' EV Sales Surge?

EV sales are on the rise, and that means legacy automakers and other startups are starting to cut into Tesla's big lead.

Motor1

Ferrari Purosangue Orders Could Be Paused Already Following Huge Demand

The company wants to protect its exclusivity and will cap the SUV's annual production.

Motor1

New Ford Mustang Won't Get Hybrid, AWD Versions: Report

The purists will probably be happy.

InsideEVs

Lucid Will Raise Another $8 Billion Via A New Offering

Lucid is facing tough times, which is to be expected of any startup automaker, especially amid global chaos that's leaving all carmakers in difficult positions.

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