BizLizzy Reporter, Author at Business, Science & Industry News - Page 160 of 1807

Ford adjusts strategy as EV losses mount
Auto February 8, 2024 , by BizLizzy Reporter
CEO Jim Farley said Ford may postpone some EV launches and is assessing whether to get more […]
EV pullback hits BorgWarner revenue, earnings
Auto February 8, 2024 , by BizLizzy Reporter
BorgWarner’s earnings fell short of expectations, leaving investors with questions about the supplier’s exposure to EV programs. […]
Asbury Q4 net income down 84%; company trims revenue goal
Auto February 8, 2024 , by BizLizzy Reporter
Asbury Automotive Group Inc. Q4 2023 earnings: ABG saw net income fall 84 percent year-over-year to $55.5 […]
GM hires Kurt Kelty, formerly of Tesla, to lead automaker's EV battery strategy
Auto February 8, 2024 , by BizLizzy Reporter
Kurt Kelty will be tasked with leading GM’s overall approach to EV batteries, including sourcing raw materials […]
Proposed Virginia legislation aims to limit buy-sell approval time
Auto February 8, 2024 , by BizLizzy Reporter
The head of the Virginia Automobile Dealers Association said this legislation, if signed into law, will help […]
EV sales would benefit from more auto show exposure
Auto February 8, 2024 , by BizLizzy Reporter
Electric vehicles sales could account for 10 percent of the market in 2024, but getting there will […]
Ed Morse Automotive inks deal to buy 6 dealerships in Arizona
Auto February 7, 2024 , by BizLizzy Reporter
The deal is expected to close by early June. Ed Morse Automotive purchased nine dealerships in 2023. […]
UAW calls for higher tariffs on vehicles, auto parts amid USMCA concerns
Auto February 7, 2024 , by BizLizzy Reporter
The UAW argues the 2.5 percent tariff on passenger cars and parts from nations with most-favored status […]
Adient sales fall flat as auto supplier looks at new business opportunities
Auto February 7, 2024 , by BizLizzy Reporter
Adient plc’s revenue stagnated in the first quarter, though its CEO said business performance is improving and […]
Mazda extends captive finance agreement with Toyota to 2030
Auto February 7, 2024 , by BizLizzy Reporter
Mazda North America grabbed an early renewal of its private-label captive finance agreement with Toyota Financial Services […]
Volkswagen Super Bowl LVIII commercial is ‘an American love story'
Auto February 7, 2024 , by BizLizzy Reporter
After a decadelong absence, Volkswagen is set to return as a Super Bowl advertiser and will use […]
January U.S. auto inventory slips amid seasonal fluctuations, report says
Auto February 7, 2024 , by BizLizzy Reporter
U.S. auto inventories fell from 2.64 million in December to 2.53 million in January, interrupting an 11-month […]