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Bloomberg: Pivot to SUV Is Hail Mary for Fisker

Henrik Fisker met with Bloomberg to elaborate on plans to build an all-electric SUV by 2021. The...

A one-on-one with Bloomberg’s Hannah Elliott did little to lend credibility to Henrik Fisker’s plan to produce a $40,000 all-electric SUV by 2021, when it will face direct competition from Tesla’s Model Y and at least four established highline factories.

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Lights Out: Cree to Focus on Semiconductors

Cree has agreed to sell its lighting division to Ideal Industries, abandoning the...

In a move industry watchers may regard as a sign of the times, dealership mainstay Cree has agreed to sell its lighting division in order to fully devote the company to semiconductor manufacturing.

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Trump Budget Kills EV Tax Credit

There is no extension of the tax credit for buyers of the Chevrolet Bolt and other electric...

The White House’s proposed 2020 budget would allow the federal electric-vehicle tax credit to expire and terminate an Energy Department program that helped fund investments in EV production by three manufacturers in seven states.

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Manheim Releases M LOGIC Product Suite

Manheim has released a suite of new wholesaling technology designed to enhance valuation,...

Manheim’s new suite of decisioning products promises to deliver new value to wholesale clients by leveraging data and insights from Manheim and parent company Cox Automotive.