The move comes two days after making a similar announcement for workers in Missouri and Florida. Kentucky is home to two Ford assembly plants.
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Group 1 Automotive Inc.'s bottom line benefited from controlling costs, higher new- and used-vehicle sales and margins and improving service and U.K. businesses.
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Talks with the industry and the Biden administration on an EV sales target are happening, but said there’s no agreement and the talks are still at an early stage, Bloomberg reported.
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The study found the fuel economy displays of the tested vehicles were off by "a relatively low" 2.3 percent when compared with fuel economy measurements reported by the dynamometer.
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Sonic Automotive Inc. posted several all-time quarterly records in the second quarter and also said it is "considering a full range of potential alternatives" for its rapidly growing EchoPark brand.
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He steps into the top role at Workhorse shortly after the company filed a legal challenge against the United States Postal Service over a major fleet contract award.
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The indictment alleges that Trevor Milton schemed to defraud investors into buying Nikola shares through statements about the company's product and technology development. Milton's lawyers said their client is innocent.
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Ryder's network will enable TuSimple to rapidly scale up its freight system without having to invest heavily in its own terminals.
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The Chinese company also launched a battery-pack solution that can integrate sodium-ion cells and lithium-ion cells into one case.
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The former unit of Johnson Controls delayed the stock offering indefinitely because of market conditions, Bloomberg reported.
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