Read all about it! Get the latest Automotive Addicts popular auto news and more right here.
Nissan Motor Co. has reported a better-than-expected 38% rise in profit for this year on the back of stronger sales, signaling a brighter future for the Japanese automaker. The company Full Article »
Toyota Motor Corp recently announced that it expects operating profit to increase by 10% this year, with a significant five-fold increase in pure electric vehicle (EV) sales. The company’s CEO, Full Article »
Hyundai and Kia’s updated software designed to prevent the theft of their vehicles, which was unveiled three months ago, has failed to solve the problem. Despite efforts by the company Full Article »
Rivian Automotive Inc (RIVN.O) exceeded analysts’ expectations for quarterly revenue by selling more high-end electric vehicles in Q1, while maintaining its production forecast of 50,000 cars for the year. The Full Article »
Automakers are expressing concerns about proposed U.S. emissions regulations, stating that they will encounter difficulties with manufacturing and supply chains if aggressive targets for reductions in vehicle emissions are enforced. Full Article »
Today, General Motors Co (GM.N) announced the appointment of former Apple Inc (AAPL.O) executive Mike Abbott to head a division that will integrate three software functions within the company. Starting Full Article »
Fisker Inc has revised down its 2023 production target due to supply chain challenges in the electric vehicle (EV) industry. The setback is part of a broader trend of U.S. Full Article »
Lucid Motors, Lucid Group Inc (LCID.O), reported disappointing first-quarter revenue, falling short of Wall Street estimates due to a pricing war that was sparked by Tesla Inc (TSLA.O) and resulted Full Article »
Seven US senators have raised concerns about Tesla’s use of forced arbitration clauses in their contracts with customers. These clauses require customers to resolve any disputes through binding arbitration rather Full Article »
As the world’s largest automotive market, China has become a key battleground for automakers looking to establish a foothold in the electric vehicle (EV) market, and their love for SUV’s Full Article »
Recently, the White House has praised Toyota for its commitment to electrifying its auto fleet. According to a statement from the White House, Toyota is “fully committed” to electrifying their Full Article »
We were anticipating the new Acura Integra to get a special version to match the performance of its new Honda Civic Type R relative with high hopes. Fortunately, it seems Full Article »
Stellantis, the global automotive company formed through the merger of Fiat Chrysler Automobiles (FCA) and PSA Group, has reported a boost in revenue for the first quarter of the year. Full Article »
According to a recent study conducted by J.D. Power, it has been found that despite the growing popularity of electric vehicles (EVs) and the increasing market share of EVs in Full Article »
The 2023 Ford Mustang Mach-E is receiving price cuts, up to $4,000, alongside battery updates and improved range. The Mach-E, Ford’s all-electric SUV inspired by the iconic Mustang, has been Full Article »
