Automotve News
- Honda's first in-house EV starts production in 2025 April 16, 2024Honda is retooling three existing plants in Ohio to produce EVs and EV components and is building a joint-venture battery factory with LG Energy Solution.
- 2024 Toyota Land Cruiser, 2025 4Runner are similar — but different April 16, 2024The redesigned 2024 Toyota Land Cruiser goes on sale this spring with a higher price and lower volume expectations than the upcoming 2025 Toyota 4Runner, due late this year. Toyota admits there will be some overlap.
- Stellantis’ $39 million pay for CEO Carlos Tavares draws investor ire amid job cuts April 16, 2024At Tuesday’s annual general meeting, advisory firms Glass Lewis and Proxinvest are urging investors to vote against approving the €36.5 million ($39 million) total compensation package, up almost 60 percent from 2022 levels.
- Vintage Ferrari owners’ favorite mechanic charged with theft, fraud April 16, 2024Few mechanics post photos of themselves on Venetian canals or brag about buying $30,000 artworks, but this was Ferrari and Alfa Romeo restorer Donnie Callaway's life before he found himself booked in in Arizona’s Maricopa County on charges of theft, trafficking stolen property, forgery and fraud.
- Nissan's new 'game changer' solid-state EV battery plant takes shape April 16, 2024Nissan is quickly constructing its first plant to start pilot production of breakthrough solid-state batteries next March, stepping closer to a technology the Japanese carmaker calls a “game changer” for next-generation EVs it plans to introduce by 2030.
- GM's 2025 headquarters move in Detroit reflects post-pandemic office space needs April 15, 2024GM has long been reported to be seeking a new location for its headquarters, which has been in Detroit's Renaissance Center since 1996.
- New IRS e-filing rule for cash transactions in effect for dealers April 15, 2024Dealerships that file 10 or more of certain tax forms — such as W-2s and 1099s — had to do so electronically for the 2023 tax year. They also had to go digital with Form 8300, which retailers use to report large cash purchases.
- Key facts about GM's Renaissance Center headquarters April 15, 2024General Motors announced that it plans to move its world headquarters in Detroit's tallest building — the Renaissance Center — to the new Hudson's skyscraper less than a mile way in downtown Detroit. Here's the history.
- Ill. appeals court blocks floorplan collection amid fraud allegations April 15, 2024A floorplan lender remains blocked from attempting to collect about $2.8 million from an Illinois dealership and its owners in a dispute involving allegations the bank participated in a fraud scheme by store employees behind the dealers' backs.
- EV and AV manufacturers want more regulatory clarity, reports say April 15, 2024Autonomous and electric vehicle companies struggle with a lack of clear rules from federal and state regulators as they attempt to ramp up U.S. production and deployment, according to two reports released this month.