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Bank of America tells Detroit’s Big 3 they can’t make money in China and should just leave the...
Fortune· 4 days ago“We think exiting China from a pure profit and strategic standpoint makes sense, to focus on where you’re making money— which is North American trucks,” John Murphy, BofA auto
First Half Wrap: The AI Boom, Robust Earnings, Auto Sales on Tap
Investing.com· 3 days ago2023 ended with a string of better-than-expected inflation reports, much to the delight of Chair...
First-Half Wrap: The AI Boom, Robust Earnings, Auto Sales on Tap
Guru Focus· 3 days ago2023 ended with a string of better-than-expected inflation reports, much to the delight of Chairman...
Bank of America tells Detroit’s Big 3 they can’t make money in China and should just leave the...
Fortune via Yahoo Finance· 4 days agoBoA argues GM, Ford and Stellantis either face a future of funding continued losses in China or they...
A huge cyberattack is sending car dealers back to the stone age
TheStreet.com· 1 day agoOver 15,000 dealers have been affected, bringing sales and service departments to a standstill. If you were thinking about buying a new car or taking your car to be serviced at the dealership ...
Auto dealership systems down again after overnight cyberattack
Crain's Cleveland Business· 3 days ago"We are sorry to inform you that we experienced an additional cyber incident late in the evening on June 19th," CDK wrote to customers. The CDK cyberattack shutdown has potentially far-reaching ...
Auto Supplier Astemo Provides Case Study Of Challenges Facing Industry
Forbes· 2 days agoHitachi Astemo this week demonstrated the challenges facing major suppliers as the auto industry juggles with shifts to electric vehicles while continuing to maintain conventional ...
Deadly Counterfeit Air Bags Are Making Their Way Into Vehicles
The Wall Street Journal· 6 hours agoRegulators are accelerating arrests and car companies are warning dealers to be more vigilant as...
Gateway - Jalopnik
Jalopnik· 5 days agoAuto sales are bad in Europe, Rivian wants to raise billions more, and the Chevy Bolt fire thing sure seems bad. The Chevy Bolt has been the subject of recall after recall ...
Don’t Buy a House in These 5 US Cities That Have Shrinking Populations and Fewer Buyers
GOBankingRates via Yahoo Finance· 4 days agoauto manufacturers has lost 61% of its population. In the past five years, the population has...In...