Ford is not reducing the prices of its Mustang Mach E electric crossover in Europe to compete with Tesla, which slashed prices for its Model Y and Model 3 cars by up to 20 percent. Ford’s European business is following a different path than in the U.S. where the automaker has cut prices of the
Month: January 2023
DETROIT — General Motors is making what it says is the largest-ever investment by an automaker in battery raw materials production as it prepares to further ramp up electric vehicle production in the coming years. GM said Tuesday that it will take a $650 million equity position in Lithium Americas Corp. and work with the
As California regulators consider whether to revoke a ban on autonomous heavy-duty trucks on public roads, labor organizers and allies in the state legislature are pushing back. The California Labor Federation and several Teamsters locals rallied in Sacramento on Monday for proposed legislation requiring a trained safety driver to be in the cab during any
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors
8:55 AM ET The Haas F1 team has revealed its updated livery for the 2023 season, featuring the prominent branding of its new title sponsor MoneyGram. The American team is the first F1 outfit to unveil its colour scheme for the upcoming season, although the digital renders did not represent this year’s car, the VF-23,
A Tesla Steering Wheel Fell Off While Driving – Again | Carscoops Tesla originally tried to charge the Model Y owner over $100 to repair the fault by Brad Anderson 3 hours ago by Brad Anderson The owner of a Tesla Model Y has taken to Twitter and revealed that the steering wheel of his
General Motors has been planning an onslaught of EVs for years now, and many are expected to be affordable compared to rivals’ models. Now, the Big Three automaker has secured a massive new deal to work alongside Lithium Americas in developing the Thacker Pass mine in Nevada, which is known to be the largest source
Electrify America on Monday announced an agreement with TravelCenters of America (TA) to install EV fast chargers at the latter’s rest stops. TA and Electrify America hope to install 1,000 individual DC fast-charging stations at 200 locations along major highways over five years, with the first stations coming online in 2023, according to a joint
PARIS — Renault and Nissan are rebalancing their troubled alliance in what could be a major step in reviving their alliance. But for the French automaker the benefits of the revamp are for now unclear and potentially quite limited, three industry sources said. The automakers on Monday announced a deal that will see Renault
DETROIT — GMC has started building the SUV version of the Hummer EV and the third-generation Canyon midsize pickup. Production of the 2024 Hummer EV SUV began Monday at General Motors‘ Factory Zero plant in Detroit, officials said. The 2023 Canyon entered production last week at Wentzville Assembly in Missouri. Deliveries of both vehicles will
General Motors‘ defense arm and American Rheinmetall Vehicles said on Monday that they have won a contract for the first phase of the U.S. Army’s Common Tactical Truck Program. The multi-phased program aims to replace the army’s family of heavy tactical trucks with the production of up to 40,000 trucks valued at up to $14
On this episode of Wide Open Throttle, Jessi Lang takes you behind-the-scenes of Motor Trend’s 2013 Sport/Utility of the Year competition. Watch the Motor Trend team put this year’s 16 contenders through both instrumented and real-world testing and let us know which SUV you think is deserving of the crown. Wide Open Throttle appears every
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE DETROIT — General Motors is set to report its fourth-quarter earnings before the bell Tuesday. Here’s what Wall Street is expecting, according to Refinitiv consensus estimates: Adjusted earnings per share: $1.69 Revenue: $40.65
Lexus RX Does A Flying Barrel Roll After Launching Off Flat Bed Tow Truck | Carscoops In a shocking video, a Lexus RX drifted onto the shoulder and hit a flat bed tow truck which acted as a ramp by Michael Gauthier 7 hours ago by Michael Gauthier January is ‘Move Over Month’ in Florida
By Eric Ralph Posted on January 30, 2023 NASA says that the astronauts responsible for SpaceX’s first crewed Dragon test flight will be awarded the Congressional Space Medal of Honor for their bravery. Kamala Harris, the sitting US Vice President and Chair of the National Space Council, will bestow the exceptionally rare awards to former NASA
China’s BYD, the world’s biggest seller of full-electric vehicles and plug-in hybrids, expects its 2022 net profit to be more than five times the amount it booked a year earlier, the company said. With sales of 1.86 million cars, it expects a net profit of 16-17 billion yuan ($2.37-$2.52 billion) versus 3 billion yuan in
Ford Motor Co. on Monday said it would reduce the price of its 2023 Mustang Mach-E crossover by $600 to $5,900, depending on the trim, as it boosts production in hopes of solidifying its status as the nation’s No. 2 electric vehicle maker. The price cuts come shortly after Tesla Inc., by far the U.S.
In this article GM F Follow your favorite stocksCREATE FREE ACCOUNT Attendees view a Ford Mustang Mach-E GT during opening day of the 2022 New York International Auto Show (NYIAS) in New York, on Friday, April 15, 2022. Jeenah Moon | Bloomberg | Getty Images DETROIT – Let’s talk about pricing power. At least, General
6:38 AM ET Zak Brown has likened McLaren driver Lando Norris to the type of talent NFL teams build their organisation around. Norris is set to start his fifth season with McLaren, where he is contracted to race until 2025. This year he will be joined by a rookie teammate, the highly-rated Oscar Piastri, to
Suspects Stole Luxury Cars From Dealership, Rammed, Stole, And Totaled A Police Car | Carscoops Five people were injured in four separate crashes due to reckless driving by the offenders by Thanos Pappas January 30, 2023 at 13:15 by Thanos Pappas A group of individuals caused havoc in Illinois last week – after stealing a
Zero emission powertrain developer H2FLY has announced a joint project alongside Stuttgart Airport to develop and erect a Center for Excellence in Hydrogen Aviation. Together, the aviation teams will implement a purpose-built facility at the airport specifically designed to support hydrogen electric plane testing for passenger flights. H2FLY is a company that specializes in the
Believe it or not, just two V-12 engine designs have powered 60 years of Lamborghini supercars. Having recently built its last non-hybrid V-12 road car, the automaker is taking a look back at these two epochal engines. The first engine was introduced in 1963 in Lamborghini’s first production car—the 350 GT—and stayed in production until
The world’s No. 1 automaker has a new CEO, and the transition of power could not have come at a more pivotal time. Toyota on Thursday surprised the market when it announced that Lexus President Koji Sato will take over from Akio Toyoda, the grandson of the venerable Japanese automaker’s founder, effective April 1. While
TATESHINA, Japan — When cruising along at 40 mph on a sheet of super-slick ice, it pays to have an ultraresponsive vehicle stability system that won’t skate you right off the road. Nissan’s new e-4orce all-wheel-drive technology, offered in the new Ariya electric crossover, keeps the driver in control, even in situations like this, thanks
LAS VEGAS — YJ Ahn has long played linchpin roles in designing transformational technology products. She started out working on smart televisions and home theaters at LG Electronics, then joined Motorola to speed its transition from flip phones to smart ones. Both experiences served as precursor to her most ambitious challenge — head of design
Renault and Nissan automobile logos are pictured during the Brussels Motor Show on January 9, 2020 in Brussels. (Photo by KENZO TRIBOUILLARD/AFP via Getty Images) Kenzo Tribouillard | Afp | Getty Images Automobile giants Renault and Nissan on Monday agreed to restructure their decades-long alliance, in a move that will see Renault transfer 28.4% of
3:41 PM ET Associated Press DAYTONA BEACH, Fla. — Acura dominated the debut of hybrid engines in North American sports car racing with a 1-2 finish Sunday at the Rolex 24 at Daytona, where Helio Castroneves and the automaker won the prestigious endurance race for a third consecutive year. Castroneves won the Rolex in 2021
California Highway Patrol Ends Long High-Speed Chase With Textbook PIT Maneuver | Carscoops The chase spanned two counties before police ended it with no injuries reported by Stephen Rivers 10 hours ago by Stephen Rivers A suspect recently led police on a high-speed chase that spanned multiple counties and countless roads. Despite driving over sidewalks,
The Tesla Model 3 that crashed while racing at Pikes Peak in 2020 made the rounds in the automotive news as a testament to the racing car’s safety, seeing how Randy Probst, who was driving the Unplugged Performance-modified EV, came out of the wreck alive and well. And while Randy is still seen on a
TOKYO — Toyota chief Akio Toyoda is set to remain a dominant force inside the world’s largest automaker for years to come and will continue to influence the agenda after stepping down in April, experts and people familiar with the automaker said. The 66-year-old Toyoda on Thursday announced he would step aside as leader of
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