Autoline Daily 2023: Top Industry News for Aug. 7

Pepsi endorses Tesla semi-truck following pilot test; EV prices dropping; GM says EVs don't require fewer workers.

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Parts Shortage Plagues Russian Automotive Sector

Officials of Russian automotive companies are discussing pooling their resources and forming an investment consortium that would finance joint production of needed parts.

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Used EV Sales Face Challenges, But Better Times Ahead

Many consumers still regard EVs as a new technology with which they are unfamiliar. And, in this case, unfamiliarity can breed contempt – or at least cause buyers to move cautiously.

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Commercial Vehicles Profits Offset EV Losses in Detroit

Results for second-quarter and first-half 2023 reflect success for Ford, General Motors and Stellantis with commercial customers as Detroit’s business model slowly becomes less dependent on the retail end of the business,

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