Recent News

There’s nothing better than the lithium ion battery coming soon

The humble lithium ion battery has built up a commanding lead in the market. That lead will only widen as a wave of planned new lithium ion factories comes online in the next five years. ... Read More »

Elon Musk tweet to get review from judge as SEC seeks sanctions

Lawyers for the SEC and Elon Musk are set to argue over whether U.S. District Judge Alison Nathan should find him in contempt for a tweet about Tesla’s vehicle production. ... Read More »

Tesla sales tail off as credit shrinks, Model 3 goes abroad

Tesla delivered 63,000 vehicles in the three months that ended in March, according to a statement Wednesday, down from 90,966 in the fourth quarter.  ... Read More »

Ghosn arrested again for more alleged financial misconduct

Japanese prosecutors arrested Carlos Ghosn for a fourth time following a raid early Thursday at his Tokyo residence, national broadcaster NHK reported, signaling a steep escalation of the legal problems facing Nissan's ousted chairman still awaiting trial. ... Read More »

Ghosn arrested for 4th time after raid at Tokyo residence

Japanese prosecutors arrested Carlos Ghosn for a fourth time following an raid early Thursday at his Tokyo residence, national broadcaster NHK reported. Prosecutors charged him with breach of trust in the latest development, the network said. ... Read More »

700Credit Integrates With IDOne

700Credit has integrated with IDOne, RouteOne’s propriety in-dealership identity verification tool. ... Read More »

Unifor expects to hear from GM about Oshawa plan next week

Canada's Unifor is hopeful GM will accept the union's proposal to save some jobs at the company's Oshawa plant in Ontario. Unifor hasn't publicly released details of its proposal. ... Read More »

NHTSA Formalizes Hyundai, Kia Fire Investigations

The National Highway Traffic Safety administration announced it will open twin probes into thousands of complaints of noncrash fires in Hyundai and Kia vehicles sold in the U.S. ... Read More »

Flex-N-Gate unit expanding Michigan operations

Ventra Evart, a subsidiary of auto parts giant Flex-N-Gate, is purchasing a vacant 138,000-square-foot building about a mile from its current facility in Evart, Mich., to accommodate growth. ... Read More »

March Sales Down 3.1% as SAAR Soars

The U.S. new-vehicle sales forecast improved to 17.42 million units in March, but sales fell 3.1% year-over-year against slowing demand fueled by higher interest rates, prices, and payments and reduced incentive spending. ... Read More »