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  Carvana caps 2023 with quarterly loss, but analysts zero in on full-year performance
Posted by: Automotive News - 02-24-2024, 03:58 AM - Forum: Other Automakers - No Replies

Carvana caps 2023 with quarterly loss, but analysts zero in on full-year performance

<p>Analysts expect Carvana to try to return to growth — albeit more carefully than in years past — in 2024.</p>

https://www.autonews.com/used-cars/where...stands-now

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  Jeep CEO turnaround plan features price cuts, ‘freedom of choice' amid EV transiti
Posted by: Automotive News - 02-24-2024, 03:58 AM - Forum: Other Automakers - No Replies

Jeep CEO turnaround plan features price cuts, ‘freedom of choice' amid EV transiti

<p>Jeep is cutting prices on some of its key models and taking new approaches to marketing, branding and dealer relations in an effort to turn around the brand's flagging sales in North America.</p>

https://www.autonews.com/automakers-supp...tion-looms

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Volkswagen 2025 VW Tayron spied, rumored to be badged a Tiguan in US
Posted by: VW / Audi - 02-24-2024, 03:58 AM - Forum: VW / Audi - No Replies

2025 VW Tayron spied, rumored to be badged a Tiguan in US

2025 Volkswagen Tayron spy shots - Photo credit: BaldaufVolkswagen has been spotted testing a prototype for a compact crossover with third-row seats that may end up in the U.S. as the replacement for the current Tiguan. Expected to be revealed later this year, the mystery vehicle is a redesigned version of VW's Tayron crossover, the current generation of which is sold exclusively in China. But unlike...


https://www.motorauthority.com/news/1142...-spy-shots

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Volkswagen 2025 Volkswagen T-Roc spied for first time
Posted by: VW / Audi - 02-24-2024, 03:58 AM - Forum: VW / Audi - No Replies

2025 Volkswagen T-Roc spied for first time

2025 Volkswagen T-Roc spy shots - Photo credit: BaldaufVolkswagen appears to be working on a second-generation T-Roc, judging by our latest prototype sighting. The T-Roc is a compact crossover roughly the same size as the Golf hatchback. It made its debut in 2017 and has since spawned a high-performance T-Roc R variant and an open-top T-Roc Cabriolet. The latter isn't expected to get a repeat with the...


https://www.motorauthority.com/news/1142...-spy-shots

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  Stellantis CEO Carlos Tavares gears up for EV-driven industry shakeout
Posted by: Automotive News - 02-24-2024, 03:58 AM - Forum: Other Automakers - No Replies

Stellantis CEO Carlos Tavares gears up for EV-driven industry shakeout

<p>With China looming, he sees a need for automakers to consolidate. However, he doesn't see a need for protectionism.</p>

https://www.autonews.com/executives/stel...tectionism

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  GM’s Cruise prepares to resume robotaxi testing after suspension
Posted by: Automotive News - 02-24-2024, 03:58 AM - Forum: Other Automakers - No Replies

GM’s Cruise prepares to resume robotaxi testing after suspension

<p>General Motors Co.’s Cruise autonomous driving unit is nearing the resumption of robotaxi testing in the coming weeks, with Houston and Dallas emerging as potential locations, following the grounding of its fleet last year, according to people with knowledge of the matter.</p>

https://www.autonews.com/mobility-report...suspension

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  The top 5 stories of the week
Posted by: Automotive News - 02-24-2024, 03:58 AM - Forum: Other Automakers - No Replies

The top 5 stories of the week

<p>A quick glance at the top auto industry stories of the week.</p>

https://www.autonews.com/automakers-supp...ories-week

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  Nvidia tops $2 trillion valuation in first for chipmakers
Posted by: Automotive News - 02-24-2024, 03:58 AM - Forum: Other Automakers - No Replies

Nvidia tops $2 trillion valuation in first for chipmakers

<p>While Apple and Microsoft took over two years to go from $1 trillion to $2 trillion, Nvidia is on track to accomplish that in under a year’s time as the stock rides Wall Street’s AI frenzy.</p>

https://www.autonews.com/mobility-report...on-reached

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  GM to include EVs, software, Cruise in salaried employees' bonuses
Posted by: Automotive News - 02-24-2024, 03:58 AM - Forum: Other Automakers - No Replies

GM to include EVs, software, Cruise in salaried employees' bonuses

<p>For 2024, 60 percent of salaried employees' bonuses will come from earnings before interest and taxes and free cash flow, while 40 percent will come from EVs, software and services and Cruise, has learned.</p>

https://www.autonews.com/automakers-supp...ed-bonuses

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  Silicon Valley EV startup plans $10M engineering center in Southeast Michigan
Posted by: Automotive News - 02-24-2024, 03:58 AM - Forum: Other Automakers - No Replies

Silicon Valley EV startup plans $10M engineering center in Southeast Michigan

<p>Electric vehicle startup Lucid Motors is planning to invest $10 million and create 250 jobs at a new engineering research and development center in metro Detroit.</p>

https://www.autonews.com/manufacturing/e...ro-detroit

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