Auto News
New Mazda SUV Part of Industry Electrification Trend
Details of CX-90 to be fully revealed in January.
Used Vehicle Prices Drop as Other Costs Remain High
The most recent Consumer Price Index from the U.S. Bureau of Labor Statistics shows a slight but promising decline in used car prices.
N.C. Stores Bought From One of Top U.S. Groups
Hudson Automotive buys nine from Asbury.
Redwood Materials to Build S.C. Battery Manufacturing and Recycling Facility
The new facility will employ 1,500 people and produce enough cathode and anodes components to supply 1 million EVs annually.
DriveItAway Partnership Launches Subscriptions in Canada
Partners with Legacy Auto Credit in Ontario for app-based subscription-to-ownership program.
Black Book: Weekly Market Report
Sales rates continue to be less than ideal, with many buyers exercising caution for fear of loading up on inventory that does not turn quickly, especially when values are experiencing heavy declines week after week.
F-150 Lightning MotorTrend’s Truck of the Year
Magazine cites in part the model’s appeal to existing truck owners.
AutoNation Picks Up Mobile Repair Service
RepairSmith acquisition boosts its offerings and opens up new customer opportunities.
U.S. Energy Department Finalizes Loan for GM Battery Venture
The U.S. Energy Department finalized a $2.5 billion loan to a joint venture of General Motors Co. and LG Energy Solution for three lithium-ion battery cell manufacturing facilities.
Toyota to Adjust EV Strategy
The automaker plans to adjust its electric vehicle strategy and provide it to key suppliers early next year, report people close to the project.