The Japanese carmaker said it made the decision due to challenges around distribution and finances.
Honda suspends vehicle sales to Russia
Verdict nears in trial of former Nissan executive Greg Kelly in Japan
A Tokyo court is about to render a verdict on former Nissan director Greg Kelly in a closely watched ruling that has become a lightning rod of corporate and diplomatic maneuvering. The trial began in September 2020.
Polestar O2 EV concept hints at bold future design
The O2 roadster concept could become the electric performance brand’s new halo model.
Ford separating EV business from ICE vehicles in bid to boost profits
The EV unit will be called Ford Model e, while Ford Blue will handle internal combustion engine vehicles in a reorganization aimed at increasing profit margins and ensuring that both powertrains succeed.
Stellantis long-term plan includes electric Jeeps and hydrogen Ram pickups
Stellantis revealed an image of the Jeep brand’s first battery electric vehicle during the rollout of its long-term strategic plan.
Rivian hikes prices on its EVs, citing higher component costs
Rivian is raising prices on its debut vehicles for retail buyers.
Rivian raises its EV’s prices
Rivian is raising prices on its debut vehicles for retail buyers.
Ford to announce plans to run EV, ICE as separate businesses, report says
The EV and ICE businesses will remain under the Ford corporate umbrella, similar to the way the company operates its Ford Pro commercial business, three sources told Reuters on Tuesday.
Ford set to announce plans to run EV, ICE as separate businesses, report says
The EV and ICE businesses will remain under the Ford corporate umbrella, similar to the way the company operates its Ford Pro commercial business, said the people, who asked not to be identified.
Ford suspends Russian operations following invasion of Ukraine
Ford also said the Ford Fund is making a $100,000 donation to the Global Giving Ukraine Relief Fund for humanitarian aid to assist displaced Ukrainian citizens and families.
