Aiming to win back the leadership in its field, auto conglomerate Stellantis has now peeled back the skin of a ambitious five year plan to help it navigate a disrupted sector. FaSTLAne 2030, is a $70bn (£60bn) game plan, aiming to get market share back up, bolster profit margins and put Stellantis fortunes back on […]
Automakers Set for Billions in Tariff Refunds After Court Ruling
A big change is happening in the car industry around the world. It is not because people are buying new cars or because of new technology. It is happening because of a change in the law that affects how some taxes on imported goods are handled in the United States. Big car companies can now […]
Ford Halts $12 Billion EV Investment Amidst Customer Reluctance and Soaring Losses, Signaling a Pragmatic Shift in Electrification Strategy
Ford Motor Company has declared a major strategic shift in its ambitious electric vehicle plan, showing it will defer about 12 billion of an intended outlay on new EV production capability. This is a step that the automotive giant takes into consideration as the consumers in North America are said to have made a critical […]
Unpacking America’s Toughest Drives: The 10 States with the Nation’s Most Challenging Highways
The American life on the road is a challenge to many people, a daily journey. Whether it is driving on local roads or driving on extensive interstate networks, the quality of our roads has a great influence on all aspects of our time to work, and the life of our vehicles. This is not only […]