Novelis originally expected to restart the plant's hot mill early next year, but progress over the past month has shortened that time frame.
The Sept. 30 expiration of federal tax credits toward the purchase of a new electric vehicle put a major dent in demand ...
Auto loan and credit card delinquencies tick up, but other consumer finance statistics show a resilient auto customer backdrop, according to Kayvan Darouian, director of consumer asset-backed securiti ...
Automotive lender and online bank Ally is laying off 2 percent of its workforce of 10,000, the company said Nov. 4.
Stellantis, which is in the midst of a turnaround of its U.S. business, advised drivers to park their vehicles outside and not charge them until a fix is completed.
More parts are now subject to auto tariffs. That might be welcome news for automakers and suppliers looking to avoid costlier steel and aluminum tariffs.
After a series of profit warnings, the tide may turn for European automakers next year, helped by new EV subsidies, cost reductions and strategy overhauls.
The Chinese commerce ministry accused the Netherlands of inaction over a dispute surrounding the Dutch government's seizure of chipmaker Nexperia.
As a venture fund investor, Mexico's Dalton Motors will gain an inside look at early-stage technology that could help it reach customers in new and better ways. It also can access expertise.
There is still uncertainty over when and how supplies of Nexperia's chips will resume, even though China has said it would consider exemptions to ensure that some deliveries can continue.
Ferrari said more customers going for lucrative personalization options helped to offset the impact of U.S. tariffs.
More than $700 million was funneled from First Brands directly to Patrick James and his affiliated entities from 2018 to 2025, the lawsuit claims.
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