Range extenders give automakers a way to leverage their huge investments in electric-first powertrains, without asking customers to give up completely on the combustion engine.
The investment will support five vehicles, a new four-cylinder engine and more than 5,000 additional manufacturing jobs in the Midwest.
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.
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.
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.
The investment will support five vehicles, a new four-cylinder engine and more than 5,000 additional manufacturing jobs in the Midwest.
Auto industry stakeholders are trying to understand a list of projects apparently being targeted for termination by the Trump administration.
A lender that finances collectible cars alleges in a civil lawsuit that a fired executive stole $4 million from the company.
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.