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Rivian ready to invest $5 billion in second U.S. assembly plant, document says | Automotive News

WASHINGTON/DETROIT — Electric vehicle producer Rivian plans to invest $5 billion initially in its second U.S. assembly plant, according to…

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Once an invisible econobox, today, this ’94 Chevy Cavalier turns heads

Cheap economy cars aren’t often preserved for posterity, but this 1994 Chevrolet Cavalier sedan is certainly an exception. It’s clean,…

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Once an invisible econobox, today, this ’94 Chevy Cavalier turns heads

Cheap economy cars aren’t often preserved for posterity, but this 1994 Chevrolet Cavalier sedan is certainly an exception. It’s clean,…

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Mercedes cuts production in Germany, Hungary on chip shortages | Automotive News Europe

MUNICH — Daimler is reducing Mercedes-Benz production at three plants in Germany and temporarily halting output its factory in Hungary…

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GM’s Matt Tsien to retire; Kent Helfrich tapped as CTO, president of GM Ventures | Automotive News

DETROIT — Matt Tsien, a 45-year General Motors veteran who grew the automaker’s electrification technology in China, will retire this…

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Lordstown Motors gets potential $400 million lifeline through stock buy

Lordstown Motors said on Monday hedge fund YA II PN Ltd has committed to purchase up to $400 million of…

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Jaguar Land Rover sets up ‘mission control center’ to deal with chip shortage | Automotive News Europe

Jaguar Land Rover is working seven days a week trying to limit the damage from the chip shortage that dragged…

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Rivian electric van spotted in Detroit delivering Amazon packages

Add Detroit to the cities where Amazon is testing its new battery-powered electric delivery van designed and built by Rivian.…

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Lucid stock gets a warm reception on its first day of public trading

A Lucid Air with its limited-edition metallic paint-job called “eureka gold” glints, parked outside of the Nasdaq. The luxury car,…

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Tesla Q2 net income jumps to $1.1B on record deliveries

The company’s second-quarter net income was roughly equal to its total profit in the previous 12 months and more than…

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