Business, Technology

Ford Restarts Lightning Plant as Price Cuts Spark Demand

Ford Motor Co. restarted production of the F-150 electric Lightning pickup truck as price cuts stoke higher demand from buyers.

Gabrielle Coppola | Bloomberg News
August 1, 2023

Car Prices Are Starting to Ease to Pre-Pandemic Levels

The U.S. new car market is returning to pre-pandemic norms as supply chain issues resolve, forcing carmakers to ramp up deals to sustain sales growth.

Gabrielle Coppola | Bloomberg News
June 30, 2023
Business, Equipment

AutoNation Expects Used-Car Price Drop as Volumes Recover

AutoNation Inc., one of the biggest car dealership chains in the U.S., expects prices for new and used cars to decline this year as manufacturers crank up volumes and offer more incentives to price-sensitive buyers.

Gabrielle Coppola | Bloomberg News
February 17, 2023
Business, Technology, Equipment

Stellantis Unveils First Ram Electric Pickup at CES

Stellantis NV offered a glimpse of the first electric pickup from its Ram brand as the automaker aims to move from laggard to leader in the increasingly competitive field of plug-in trucks.

Gabrielle Coppola | Bloomberg News
January 9, 2023

Chrysler Prodded Dealers Over 40,000 Cars They Didn’t Want

Fiat Chrysler Automobiles NV has been manufacturing more cars and trucks than its U.S. dealers are willing to accept, at one point creating a nationwide stock of about 40,000 unordered vehicles and stoking tension with some of its retailers.

Gabrielle Coppola | Bloomberg News
November 12, 2019
Business, Technology, Fuel, Autonomous

Volvo to Cut Carbon Footprint in Bid to Sell Electric SUVs

Volvo is tying the launch of its first all-electric vehicle — the XC40 Recharge crossover — to a broader plan for shrinking the carbon footprint of its models by 40% through 2025.

Gabrielle Coppola | Bloomberg News
October 16, 2019
Government, Business, Logistics

GM Factory Hands Making 40% Less Than Their Coworkers

The future of temps has been among the major impasses contributing to the United Auto Workers union’s strike against GM, now in its 25th day.

Gabrielle Coppola | Bloomberg News
October 10, 2019
Business, Technology, Fuel

Volvo, Geely to Merge Engine Units in Electric Car Push

Volvo Cars and China’s Geely plan to merge their engine operations into a stand-alone company, a step the Swedish automaker says will cut costs as it shifts to a fully electrified lineup.

Gabrielle Coppola | Bloomberg News
October 7, 2019
Business, Technology, Autonomous

Volvo Will Monetize Autonomous Vehicles Before Driver Data, CEO Hakan Samuelsson Says

Volvo CEO Hakan Samuelsson is betting his company will make more money selling connected, autonomous cars to consumers and robo-taxi fleets, rather than taking a cut of the higher margin business of selling data-driven services inside the vehicle.

Gabrielle Coppola | Bloomberg News
November 28, 2018
Government, Business, Equipment, Safety

Volvo Cars Shuts Plant With Hurricane Florence Forcing Evacuations

Volvo Car Group will temporarily idle its new car factory in South Carolina after Hurricane Florence spurred orders to evacuate areas in the path of the Category 4 storm.

Gabrielle Coppola | Bloomberg News
September 11, 2018