Nathan Gomes
US second-quarter new vehicle sales growth slows after CDK cyber attack
By Nathan Gomes (Reuters) -Top U.S. automakers posted slower sales growth for the second quarter as a cyberattack at software systems provider CDK...
GM cuts EV production forecast, approves $6 billion share buyback
General Motors cut its annual EV production forecast and announced a new $6 billion share buyback plan on Tuesday, as the automaker banks...
Volkswagen delays ID.7 EV launch in US, Canada
Volkswagen ID.7 delay for North America announced as car giant reassesses the changing EV market.
Aptiv to lower equity interest in self-driving joint Hyundai venture
Aptiv's move comes as legacy automakers cut down or back away from their push towards autonomous technology, following technological hurdles and growing safety...
BorgWarner raises full-year 2024 adjusted profit outlook
BorgWarner develops and manufactures products to improve fuel economy, EV powertrains, chargers and battery systems.
Ford’s first-quarter adjusted profit falls, sees increase in hybrid vehicle sales
Ford CEO Jim Farley says he has walked back some of the company’s EV ambitions to better match consumer demand. Hybrids are a...
US opens probe into over 3,300 GM Cadillac Lyriq vehicles’ braking
Investigation opened into the electric vehicle's brake system failure in 2023 models.
