GM Mulls Plans to Build Second EV Battery Plant

GM Mulls Plans to Build Second EV Battery Plant

The expected tidal wave of electric vehicles coming by 2030 has many wondering where all the batteries needed will come from, and General Motors is moving to make sure it will have some. The company revealed it’s mulling plans to construct a second battery plant with...
Ford Sales Take Double-Digit Dip in February

Ford Sales Take Double-Digit Dip in February

Ford Motor Co. sales dropped 14% in February, like other automakers, as winter weather hampered sales. But the company’s executives underscored the positive signs, particularly for electrified vehicles, underneath the dour top-line numbers. The all-new F-150...
GM Extending Semiconductor Shutdowns

GM Extending Semiconductor Shutdowns

General Motors’ struggle with the semiconductor shortage continues as it extends several of the shutdowns plaguing it – and many other automakers. The company is extending downtime at San Luis Potosi through the end of March, and at Fairfax, Kansas and its CAMI...
Automakers See Sales Fall in February

Automakers See Sales Fall in February

Given the power failures in the huge Texas market and the cold, snowy weather in the Northeast sales of new vehicles held up well in February, according to the handful of carmakers reporting sales figures for the month, albeit they were down compared with year-ago...
Weather, Increased Demand Drive Gas Prices Higher

Weather, Increased Demand Drive Gas Prices Higher

When it comes to gas prices at the pump, what goes down will eventually come up. Motorists are paying some of the highest gas prices seen in over a year, according to AAA and GasBuddy.com. With the forced shutdown of Gulf Coast and some Midwest refineries due to...
New Vehicle Sales Off in February

New Vehicle Sales Off in February

A drop in fleet sales appears to have cut total new-vehicle sales by 3.7% in February when adjusted for selling days, analysts claim. Reporting the same numbers without adjusting for the number of selling days translates to a decrease of 11.1% from February 2020....

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