The brand is in the midst of a makeover that will include refreshing the Grand Cherokee and adding range-extending technology to the Grand Wagoneer.

The Detroit-based drivetrain supplier is offering a combined $1.44 billion of junk bonds in two installments as well as a $843 million term loan, Bloomberg reported.

Lear Corp. is establishing an innovation center in Southeast Michigan, aiming to show off its automation and efficiency efforts to customers and investors.

Antonio Filosa, who took charge of the automaker in June, is switching gears by putting an emphasis back on V-8 performance and tempering EV ambitions.

Antonio Filosa, who took charge of the automaker in June, is switching gears by putting an emphasis back on V-8 performance and tempering EV ambitions.

Ram has adjusted the launch plans for its first electrified pickups and intends to bring back the line-topping 1500 TRX, a high-powered bruiser with over 700 hp that was discontinued in 2023.

The brand is in the midst of a makeover that will include refreshing the Grand Cherokee and adding range-extending technology to the Grand Wagoneer.

The Chinese company says customers in the region are increasingly interested also in cheaper lithium iron phosphate and sodium-ion cells.

Tesla introduced the base model in April, lowering the entry price by $10,000 but dropping key features, such as all-wheel drive.

Elon Musk has previously blamed slow Tesla sales on the transition to a new Model Y design (pictured), which he says disrupted German output. (TESLA) ...