Industry Voices
Stellantis Sued by US Shareholders Alleging Fraudulent Concealment of Rising Inventories
U.S.T shareholders have sued Stellantis for alleged fraudulent concealment of its inventories. Stellantis is currently under fire from shareholders in the United States.
By Israel Monte
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Stellantis Cuts Off 2,450 Workers Following End of Classic Ram Truck Production
Stellantis has laid off a total of 2,450 workers as the production of the Classic Ram comes to an end.
By Israel Monte
Faulty Engines Force BMW to Recall More Than 100k Vehicles; Software Updates Planned
BMW has issued a recall of more than 100,000 units due to faulty starters. BMW has issued a recall due to concerns over faulty starters. The National Highway Traffic Safety Administration (NHTSA) shared that BMW has recalled over 100,000 crossovers and sedans amid worries about fire risks.
By Israel Monte
Chinese EV Batteries Spark Concern After Catching Fire In South Korea: Report
Chinese EV batteries were put to public scrutiny following an incident involving a unit catching fire in South Korea.
By Israel Monte
EV Transition Imminent: Automakers, Suppliers Discuss Shift From Combustion to Alternative Fuel
The transition from engine combustion to alternative fuel has been discussed by automakers and suppliers.
By Israel Monte
Rivian Expects Decline in Deliveries in 2024: Report
Rivian's deliveries are expected to decline in the third quarter following its factory shutdown in April.
By Israel Monte
Aurora Raises $483 Million Amid Continued Efforts for Its Self-Driving Trucks
Aurora Innovation is gearing up for its self-driving truck's launch. Aurora Innovation has raised its secondary stock ahead of its driverless truck's official launch.
By Israel Monte
Biden Admin Could Bar Chinese Software in Autonomous, Connected Vehicles: Report
The Biden administration will reportedly propose a ban on Chinese software in vehicles in the country.
By Israel Monte
