Lexus grows its lineup to include the 3-row TX, including the flagship model featuring a brand-exclusive 3.5L V-6 PHEV system capable of up to 33 miles of electric-only driving.
GM estimates the financial provisions of the tentative agreement will raise the per-employee cost of wages and benefits to more than $150,000 per year.
If the United Auto Workers organize nonunion companies like Tesla and Toyota, it would create a more even playing field for General Motors, Ford and Stellantis, one expert said.
The U.S. government is allocating $7 billion for hydrogen hubs, part of $50 billion-plus in investments going toward building a hydrogen energy revolution.
Used-BEV values are dropping like stones and over half of franchised dealers are refusing to retail them. Is this a momentary blip or does it indicate another roadblock to mass adoption, with many banks questioning residual values before welcoming BEVs as a substantial percentage of a loan portfolio?
