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GM's 2025 EV Output Could Be Crimped by Battery Bottleneck (Reuters)
General Motors has said it will have the capacity to build 1 million electric vehicles in North America by 2025, but a slow ramp-up of its three U.S. battery plants could limit actual EV production to less than 600,000 at mid-decade, according to a forecast and analysis prepared for Reuters.
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Top Toyota Scientist Says World Lacks the Resources to Go All-EV (Bloomberg)
Toyota Motor Corp.’s top scientist warned that transitioning to electric vehicles too quickly could lead drivers to hold on to old gas guzzlers and called for hybrids to be given a longer leash ahead of a Group of Seven leaders summit in Japan.
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NADA Board of Directors - Mark Normandin
Mark Normandin is president of Normandin Chrysler Jeep Dodge Ram Fiat in San Jose, Calif.
NADA | NADA Headlines
Volkswagen Aims for 'Margin Parity' on Some EVs by 2025 (Reuters)
Volkswagen Chief Financial Officer Arno Antlitz said on Wednesday rising battery material costs mean it will be 2025 before the automaker can build some electric vehicles at the same profit margins as combustion models.
NADA | NADA Headlines
Being Seen: A Female Auto Retail Executive’s Path to Success
A few years ago, Andrea Park Zadd, executive vice president of Crestmont Auto Group, was recognized with the “Ally Sees Her” leadership award.
NADA | NADA Headlines
GM North American Recalls on Air Bag Rupture Risk Top 1 Million (Bloomberg)
General Motors Co. is recalling more 42,000 vehicles in Canada over concerns their air bag inflators could explode, bringing the total number of affected vehicles in North America to more than one million.
NADA | NADA Headlines
Stellantis Recalls 132,000 Jeep SUVs Over Fire Risks, Says to Park Outside (Reuters)
Chrysler-parent Stellantis said Tuesday it is recalling just over 132,000 Jeep Cherokee SUVs in the United States for fire risks and warning owners to park outside until repairs are made.
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NADA | NADA Headlines
US Urges Recall of 67 Million Air Bag Parts in Safety Mess (Bloomberg)
US regulators are urging a recall of 67 million air bag inflators they say could explode in a crash, a major escalation of a safety issue that has plagued the auto industry for years.
NADA | NADA Headlines
US Consumers Keep Vehicles for a Record 12.5 Years on Average -S&P (Reuters)
Americans in the waning days of the COVID pandemic are keeping their combustion-engine vehicles longer, according to a new study.