Nick Bunkley

Ken Washington's future colleagues at Amazon will probably think of him as the new car guy.

The automaker said it now expects to spend $35 billion on electric and autonomous vehicles through 2025 and that it will be up to $4 billion more profitable in the second quarter than previously projected.

Using a plant in Mexico to build some of the EVs it wants the U.S. to subsidize with more tax credits isn't a good look. Neither is hiding the plan in a Spanish-language press release.

Today's used-car prices might give dealers a powerful weapon to help ease the sting of rising new-car prices and earn customer's loyalty.

"We didn't mean to mislead anyone," a spokesman for the automaker said after it intentionally misled numerous news outlets and the public.

Executives from PSA Group make up a slight majority of the leadership team of Stellantis, though FCA's Mike Manley and Mark Stewart will remain in charge of the company's North American business.

With just a little more effort from someone, the tally of U.S. light-truck sales could have topped 2,999,999 last quarter. More transparency may have helped, too.

The luxury brand is requiring U.S. dealers who want to keep their franchises after 2022 to spend at least $200,000 installing chargers, buying special tooling and training their employees to handle a lineup that's planned to be fully electric within a decade.

The luxury brand told its 880 U.S. dealers that they will need to invest in chargers, tooling and training before the Lyriq EV arrives in late 2022.

GMC will begin taking reservations for the high-performance pickup after the reveal, which was rescheduled from May.

In three years as CEO, the 65-year old has overhauled Ford's product lineup and began an $11 billion restructuring to make the company a more agile competitor but hasn't arrested the decline in Ford shares.

Monday's ruling said U.S. District Judge Paul Borman failed to consider other possible remedies when he ordered GM's Mary Barra and FCA's Mike Manley to meet in person.

Nikola has no sales, no revenue and nothing even remotely resembling profits. What it does have is founder Trevor Milton, with big ambitions, plenty of confidence and a Twitter account he used last week to share his views on "what legacy automakers don't understand." It's all straight from the Tesla playbook.