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Ed Morse Car bolsters Illinois footprint

Baua Electric

.” Scott Mackie, senior vp of the Midwest pocket for buy-sell company Nationwide Industry Agents in Irvine, Calif., Mark Shackelford and Paul Kechnie, companions representing Midwest and Texas areas for buy-sell company Efficiency Brokerage Products and services, additionally of Irvine, Calif., Ed Morse Car ranks Disagree.

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Lucid Motors, Rivian sued by Illinois car dealers for direct sales

Teslarati

Lucid Motors and Rivian were sued by the Illinois Automobile Dealers Association, the Chicago Automobile Trade Association, and some individual franchised auto dealerships in the state for selling vehicles directly to consumers. The costs are the same for everyone, a strategy that has alleviated a lot of stress from the car buying process.

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Dealers join the UAW in charging Stellantis with ‘reckless’ decisions

Teslarati

arm of the Dodge-Chrysler parent company, causing increased inventory, job cuts, and broken promises to reopen an Illinois factory, as detailed in a report from Automotive News. “We’ve never seen this before,” Mahalak said in a statement to Automotive News. And how did we get in this predicament? market share.

Dealers 107
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Rivian (RIVN) stock gets a boost ahead of R2 launch with new buy rating

Baua Electric

EV maker Rivian’s (RIVN) stock is trending Thursday ahead of the highly anticipated launch of its new R2 electric SUV. Rivian stock scored a buy rating from Jefferies Finacial Group, suggesting over 45% upside potential. Ahead of the official R2 debut, Rivian’s stock earned a buy rating from Jefferies with a $16 price target.

Buy 52
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Stellantis now facing strike from unions in Italy

Teslarati

On Tuesday, Italian metalworkers’ unions FIM-CISL, UILM, and FIOM announced plans to hold a strike against Stellantis on October 18, according to a report from Automotive News Europe. Stellantis rejects request to buy back Chrysler & Dodge brands What are your thoughts?

Italy 85
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Rivian outlines R2 production location strategy, delays Georgia factory

Teslarati

Rivian said that it will initially begin production of the R2 in Normal, Illinois , at its flagship manufacturing facility and plans to essentially delay the construction of the Georgia factory as it navigates financial risks. Profitability is now the focus for Rivian, as it is still working to ramp and scale production.

Georgia 61
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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

battery production.” You can also reach me on Twitter @Christi86567288 , or if you have news tips, you can email us at tips@teslarati.com. The post Ford reportedly eliminates lease-to-buy option on electric vehicles appeared first on TESLARATI. Ford confirmed to CarsDirect that its communication was legitimate.

Ford 98