Day: November 17, 2022

GM aims to lower EV battery cost, locks up Canadian nickel supply deal with Vale

General Motors aims to slash the cost of electric vehicle battery cells and has added Vale to its growing roster of battery material suppliers as the automaker girds for increasing EV competition beyond 2025, GM said on Thursday. Brazilian mining giant Vale will supply GM with battery-grade nickel mined from Canada for future electric vehicles, …

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Carvana CEO on 2022: ‘We’re not a perfect company’

The next one to two years, he said, will entail Carvana “unwinding a lot” of what Garcia described as “odd distortions” at play in the economy the last couple of years. Those distortions have included prices of used cars and trucks ballooning then starting to moderate, interest rates rising, and consumers’ demand for used vehicles …

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Genesis X Convertible concept previews future EV design

Though the U.S. heavily favors crossovers, having a halo car like the X Concept would help to boost the premium image that Genesis is working hard to establish, said Ed Kim, president and chief analyst of Auto Pacific. But it would be a low-volume vehicle, he added. “While coupes are rarely high-volume vehicles in today’s …

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2024 Subaru Impreza will be hatchback exclusively

LOS ANGELES — Subaru is dropping the Impreza sedan and focusing efforts in the market for entry-level cars with a redesigned 2024 Impreza hatchback, giving the sixth-generation compact improved performance, upgraded safety and infotainment systems and a resurrected hot hatch RS trim level. The Japanese brand revealed the redesigned 2024 Impreza on Thursday here at …

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2024 Subaru Impreza will be hatchback exclusively

LOS ANGELES — Subaru is dropping the Impreza sedan and focusing efforts in the market for entry-level cars with a redesigned 2024 Impreza hatchback, giving the sixth-generation compact improved performance, upgraded safety and infotainment systems and a resurrected hot hatch RS trim level. The Japanese brand revealed the redesigned 2024 Impreza on Thursday here at the Los Angeles Auto …

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Stellantis recalling 280,000 heavy-duty trucks

WASHINGTON – Stellantis is recalling 280,000 Ram heavy-duty diesel trucks worldwide for fire risks, a filing with the National Highway Traffic Safety Administration and a company statement showed on Thursday. A spokesman for the automaker’s Canadian operations said 17,420 of the recalled trucks are in Canada. The recall covers 2020-2023 Ram 2500 and 2020-2022 Ram 3500 …

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