Autonews - Breaking

• newFord cuts Mustang Mach-E prices ahead of launch

  

  The upcoming electric crossover will cost between $1,000 and $3,000 less, depending on trim, than originally announced.
  - 13 hours ago 29 Sep 20, 8:03pm -
• newQ3 sales, slated to decline, may be strongest of year, analysts say

  

  Industry forecasters expect new-vehicle retail sales to continue recovering in the third quarter while lease volume and fleet sales remain depressed.
  - 13 hours ago 29 Sep 20, 7:55pm -
• newVW said to overhaul supercar strategy, putting Lamborghini, Bugatti in focus

  

  A review could result in technology partnerships for Lamborghini, Bugatti and Ducati. Other options include restructuring, a listing or sale, VW Group executives told Reuters.
  - 14 hours ago 29 Sep 20, 6:58pm -
• newNikola pushes back on skeptics by showcasing in-house technology

  

  Executives at the embattled startup are talking to investors to rebut criticism it has no working prototypes and to clarify its business plans after the resignation of founder and former Chairman Trevor Milton.
  - 15 hours ago 29 Sep 20, 6:11pm -
• newGM 'continuing discussions' with Nikola on alliance deal

  

  When the deal was first announced, Nikola said it expected it to close before Sept. 30, adding either side could terminate the agreement if it wasn't finalized by Dec. 3.
  - 15 hours ago 29 Sep 20, 5:23pm -
• newTesla signals it may mine its own lithium, report says

  

  CEO Elon Musk told investors last week that Tesla has secured access to 10,000 acres of lithium-rich clay deposits in Nevada and planned to use a new, “very sustainable way” of extracting the metal.
  - 17 hours ago 29 Sep 20, 4:09pm -
• newBattery-cell developer Northvolt draws backing from Spotify CEO

  

  The funds will help Northvolt expand its production and R&D activities as it gears up to start churning out battery cells next year. The company was founded by former Tesla executives.
  - 17 hours ago 29 Sep 20, 3:25pm -

• new'Egregious disregard for safety' blamed for 2018 limo crash that killed 20

  

  The fatal 2018 crash in Schoharie, N.Y., prompted debate about the lack of regulation of the stretch limousine industry. It also revealed problems with lax state oversight and loopholes in federal rules that allowed altered vehicles to avoid commerc…
  - 18 hours ago 29 Sep 20, 2:42pm -
• newThyssenkrupp to cut 800 jobs at automotive business

  

  In announcing the move, the German steel supplier warned that the vehicle market remained extremely challenging.
  - 19 hours ago 29 Sep 20, 2:07pm -
• newCarlos Ghosn launching business program with Lebanon university

  

  The former Nissan chairman is working with the business school at the Université Saint-Esprit de Kaslik north of Beirut to develop programs to coach executives, offer technology training and help startups to create jobs. Ghosn fled Japan, where he…
  - 20 hours ago 29 Sep 20, 1:10pm -