Florida is threatening to suspend Carvana’s supplier license more than troubles related to title transfers on motor vehicles it sold. A spokesperson for the Florida Section of Freeway Security and Motor Vehicles advised Automotive Information that Carvana has till Jan. 31 to submit title programs for all autos marketed in […]
Automotive News
Chinese electrical carmaker Nio Inc. unveiled its next sedan, which will contend more straight from Tesla Inc.’s most well known Model 3. The all-electric ET5 was revealed by founder and CEO William Li at the annual Nio Working day function in Suzhou on Saturday. With a setting up cost of […]
If auto manufacturing unit investments have been hobbled in 2020 by COVID-19-associated fears and world-wide company uncertainties, 2021 could be termed the calendar year when automakers manufactured up for dropped time. The auto industry arrived out of its pandemic doldrums, paying out revenue with a vengeance to make new producing […]
With a marketplace price of just about $93 billion, Rivian made its Nasdaq debut past thirty day period in the world’s largest first general public featuring of 2021. Rivian elevated nearly $14 billion in the IPO to fund foreseeable future development on prime of the $10.5 billion it experienced raised […]
Don Hudler, who was instrumental in starting Saturn Corp. and marketed the General Motors division as “a different kind of car company,” then became a top Saturn dealer as a postscript to his 42-year GM career, died Thursday at his home in Charlotte, N.C. He was 87. Hudler was involved […]
The global supply chain crisis has exposed some of the weak points in the just-in-time manufacturing model, according to a pair of industry experts. Yet, the disruptions will likely lead automakers to adjust — as opposed to replace — the method at the root of essentially all modern vehicle production. […]