Car companies want to make billions by charging monthly fees for features like heated seats, but buyers won’t pay up

The 2022 Lexus IS sedan.Lexus Motor vehicle companies assume to make billions charging buyers recurring fees for auto features. Nowadays, carmakers provide subscriptions for automatic significant beams, remote commence, and…

GM EV margins to match gasoline-powered cars by mid-decade

Standard Motors on Thursday stated its electric autos would be “solidly lucrative” by 2025, when it expects to be making 1 million of them a year in North The us…

Same industry, two increasingly different companies

Jim Farley, CEO, Ford, left, and Mary Barra, CEO, Basic Motors Reuters Typical Motors DETROIT — “Very same business. Two different firms.” Which is how influential Morgan Stanley vehicle market…

Auto experts share takeaways on Q3 woes at Rivian, Lucid, Canoo

Rivian production Rivian The electric-vehicle startups Rivian, Lucid, and Canoo produced third-quarter results this week. Startups are however scrambling to get cars and trucks to clients as manufacturing improves. Industry…

EU proposes curbs on brake pad pollution to reduce auto emissions

All new cars marketed inside of the EU will have to limit the particle pollution from brake pads, underneath proposals to be launched ahead of a ban on combustion engine…

Zacks Industry Outlook Highlights BYD, BMW and XPeng

For Immediate Release Chicago, IL – November 10, 2022 – Today, Zacks Equity Research discusses BYD Co. BYDDY, BMW AG BAMXF and XPeng Inc. XPEV. Industry: Foreign Autos Link: https://www.zacks.com/commentary/2015947/3-foreign-auto-stocks-to-ride-the-industrys-upbeat-mood…