Hertz Slows EV Acquisitions
Says Tesla price cuts, higher repair cost affecting its bottom line.
Says Tesla price cuts, higher repair cost affecting its bottom line.
Reports expanded pullback of EV production in third-quarter report.
CFO calls electric-vehicle market ‘brutal.’
Includes 25% wage bump, awaits member ratification.
North American Auto Care honored by Texas Better Business Bureau branch in a smaller company category.
The brand said it will invest $3.17 billion to launch eight models globally, including five in high-value segments.
News comes one year after automakers agreed to a $5 billion effort to inject more affordability into the electrified market.
Department says manufacturer misrepresented the safety of its autonomous technology.
Projections for month put SAAR flat despite strikes.
Couple, associate indicted on charges they faked auto sales for millions.
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