General Motors has officially agreed to sell its Opel and Vauxhall brands to the PSA Group as the Detroit automaker attempts to stanch more than a decade of staggering losses in Europe.
JarAutoNews
Hyundai, Kia, Arrival, electric delivery vans
Hyundai, Kia, Arrival, electric delivery vans
Hyundai and Kia are backing Arrival, a startup British maker of electric delivery vans, a good use case for EVs. Hyundai and Kia announced Thursday that they are investing $111.5 million in Arrival, a startup British automaker building electric delivery vans. The three companies will jointly develop vehicles and share know-how as Arrival scales up its operations and moves to put a vehicle on the market in the next few years.
Menu
Other News
As the fall new-model season begins to heat up, here’s a look at some of the most interesting and important vehicles debuting between now and fall 2020...
Arrival was founded in 2015 and has 800 employees, but until now has been in “stealth mode,” revealing little about its business model or plans. But this deal is a sign it has been doing something right, says Michael Harley...