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Rivian Automotive Inc. revealed plans to cut 10% of its salaried workforce and set production guidance well below Wall Street’s...
Thailand and Indonesia are introducing incentives to encourage EV adoption, the Wall Street Journal reported. Thailand's new policies include...
Capital One’s planned acquisition of credit card company Discover Financial Services presents the bank with an opportunity to cross-sell its...
GM Financial is gearing up to bring its luxury label to Canada. The captive is looking to take Cadillac Financial...
Automakers such as Mercedes-Benz are leveraging single-pay lease offers to provide flexibility to consumers and drive higher customer retention rates. ...
Toyota Motor Corp. Chairman Akio Toyoda believes battery electric vehicles will reach at most 30% market share, with the rest...
Hertz Global Holdings Inc. plans to sell a third of its US electric vehicle fleet and reinvest in gas-powered cars...
Agency sales models, in which auto manufacturers sell vehicles directly to consumers and use dealerships to deliver the cars, are...
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