Mopar at SEMA 2023, No 2: Rugged and Ready

Go back to Mopar at SEMA 2023, No 2: Rugged and Ready

Stellantis (STLA) and Dongfeng to expand Chinese auto exports through asset transfer deal

October 19, 2023 2:53 PM EDT

China's Dongfeng Motor Group and Chrysler-parent Stellantis (NYSE: STLA) announced plans Thursday to boost their vehicle and component export operations through an asset sale, aiming to capitalize on the growing Chinese automotive sector.

In line with the asset transfer agreement, Dongfeng, a state-owned enterprise, will acquire land use-rights and buildings in... More

British minister ‘optimistic’ on finding solution to EV tariffs

October 18, 2023 3:37 PM EDT

On Wednesday, British Business Secretary Kemi Badenoch expressed strong confidence in finding a resolution for automakers to circumvent imminent tariffs on the trade of electric vehicles (EVs) with the European Union, stating that she was very optimistic about the prospects.

"We're regularly raising this with EU counterparts, and it is just simply the nature of trade negotiations and trade policy," said Badenoch during an even... More

Tesla (TSLA) pushes US to adopt stricter fuel efficiency rules

October 17, 2023 12:01 PM EDT

Prominent electric vehicle manufacturer, Tesla (NASDAQ: TSLA) on Tuesday, called upon the Biden administration to swiftly solidify more rigorous fuel economy standards through 2032 than those initially proposed by U.S. regulators, placing the automaker at odds with major OEMs.

In July, the National Highway Traffic Safety Administration (NHTSA) introduced a proposal to... More