The investment will support five vehicles, a new four-cylinder engine and more than 5,000 additional manufacturing jobs in the Midwest.

Marvin Washington, vice president of purchasing for the automaker, said Oct. 15 that the company is working to win back the trust of its supply base.

VW Canada President Edgar Estrada said the company is looking to maintain its sales momentum in Canada, despite the choppy EV transition and challenging trade tensions.

Auto industry stakeholders are trying to understand a list of projects apparently being targeted for termination by the Trump administration.

The investment will support five vehicles, a new four-cylinder engine and more than 5,000 additional manufacturing jobs in the Midwest.

TrueCar founder and former CEO Scott Painter is leading the investment consortium, known as Fair Holdings Inc. The all-cash deal should close by early 2026.

Including the August surge, EV registrations in the first eight months of the year rose 9.1 percent to 884,104 vehicles, according to S&P Global Mobility.

The investment will support five vehicles, a new four-cylinder engine and more than 5,000 additional manufacturing jobs in the Midwest.

Shipments from Tesla’s Shanghai plant rose 2.8 percent in September after sliding for two straight months, thanks to the addition of this new product.

A lender that finances collectible cars alleges in a civil lawsuit that a fired executive stole $4 million from the company.

ANFIA said that automakers had been able to maintain production despite China's curbed supplies in previous months, but reserves of rare earth metals were now depleted.

EV buyers focused on last-minute deals for mostly mainstream models, while many luxury brands were left behind, analysts said.