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Renault, Peugeot and Citroen have significantly scaled down their local operations in recent years. The revised subsidy policy the French government released for electric vehicles this week, coupled with the anti-subsidy probe of China-made EVs the EU announced last week, will leave the three French brands with literally no choice but to exit China.
Unifor plans to have members vote on its tentative agreement with Ford Motor Co. of Canada “before the end of the week,” though precise timing for ratification meetings is still being finalized, a union spokesperson told Automotive News Canada Wednesday.
GM stopped building the Chevy Malibu and Cadillac XT4 on Wednesday after running short of stampings made at a Missouri plant that's on strike. Stellantis said it was laying off workers at an Ohio machining plant and expected to make more layoffs in Indiana.
Days after Lithia Motors Inc. said it had agreed to a deal to acquire Pendragon's dealership and fleet businesses, Pendragon's board of directors rejected a joint offer from a Penske Automotive Group subsidiary and Hedin Mobility Group.
Lithia Motors' plan to purchase the dealership and fleet businesses of Pendragon in the U.K. is a sizable deal. But the other component, giving Lithia an ownership stake in a dealership management system company, could have the biggest impact for the rest of the U.S. auto retail industry.
With the majority of the engineering complete on Bollinger's first commercial product, a battery-powered Class 4 chassis cab, final testing is underway, and Bollinger's marketing team is about to hit the road to book orders ahead of the planned start of production in the second quarter of 2024.
The UAW struck a ZF Group plant in Tuscaloosa, Ala., that builds front and rear axles for Mercedes-Benz vehicles built nearby. It was not immediately clear what impact, if any, the strike is having on vehicle assembly at the automaker's nearby Vance, Ala., plant.