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China’s Annual NEV Sales Trending for Decline in 2019

China’s Annual NEV Sales Trending for Decline in 2019

Sales of new energy vehicles, or NEVs, in China continue to shrink with sales falling 45.6% in October, according to the China Association of Automobile Manufacturers. The fall, which is blamed on the end of major subsidies paid to buyers, last month follows a 33%...
GM Sells Lordstown Plant to Workhorse

GM Sells Lordstown Plant to Workhorse

Now that the ink on its contract with the UAW is dry, General Motors pulled the trigger on another deal, selling its Lordstown, Ohio plant to an electric vehicle maker. No terms were released on the sale to Lordstown Motors, the company created by Workhorse Group to...
Toyota Exceeds Analysts Estimates with Q2 Profits

Toyota Exceeds Analysts Estimates with Q2 Profits

Toyota Motor Co. celebrated beating analysts’ estimates for its second quarter by announcing a $1.8 billion share buyback. Operating profit rose 14% to 662.3 billion yen, or $6.1 billion, for the quarter ended Sept. 30, marking Toyota’s best second quarter since...
Acting UAW President Plans to Listen, Rebuild Trust

Acting UAW President Plans to Listen, Rebuild Trust

The United Auto Workers’ new acting president says he is open to requests from the union’s membership to put UAW leaders on trial for misconduct. Rory Gamble, the UAW acting president, said during an interview with thedetroitbureau.com he is committed to doing what...
FCA Makes Splash at SEMA as Jeep Takes 4×4 Award

FCA Makes Splash at SEMA as Jeep Takes 4×4 Award

The annual SEMA meet up must be like nirvana for Fiat Chrysler’s Mopar brand, and the automaker’s specialty parts division isn’t disappointing this year bringing 14 vehicles to the show, including featuring two pickup truck concepts as well as Jeep Wrangler Rubicon...
Former UAW VP Ashton Charged in Federal Probe

Former UAW VP Ashton Charged in Federal Probe

Federal prosecutors have charged Joe Ashton, a former United Auto Workers vice president who served as director of General Motors Co., with money laundering and wire fraud in the wide-ranging probe into corruption among leaders of the UAW. Ashton, who served as head...