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Month: April 2022
South Korean battery makers could raise prices by 30 percent to 40 percent to offset high commodity costs and they are in talks with electric vehicle makers over new long-term contracts, according to SNE Research. “We had a meeting with Korean cell makers recently that led us to adjust the outlook for prices of electric-car
Dealership sales departments have traditionally feasted on bountiful digital marketing budgets and tactics while fixed ops departments had to nibble on the leftover scraps, usually in the form of “spray-and-pray” direct-mail campaigns. But that dynamic is changing. Fast. “We’re on the cusp of an advertising revolution in fixed ops,” says Alexi Venneri, co-founder and CEO
Apr 10, 2022 Associated Press LONG BEACH, Calif. — Josef Newgarden won for the first time on the downtown streets of Long Beach, holding off Romain Grosjean on Sunday to make Team Penske 3-for-3 to open the IndyCar season. Newgarden led a race-high 32 laps to win a second consecutive race. Penske teammate Scott McLaughlin
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The 2023 Nissan Leaf blooms into another model year, with a freshened face but a model line pared down to just two trims from five last year, Nissan announced Tuesday in advance of the New York International Auto Show. The changes are mostly cosmetic, with a blacked-out front fascia instead of the chrome wings of
PARIS – A French government spokesman said that the financial compensation for Stellantis CEO Carlos Tavares was not “normal” and showed there was a need for more regulation at the European level. Tavares, who oversaw the merger between PSA Group, where he was CEO, and Fiat Chrysler Automobiles that created Stellantis in January 2021, is
The Nasdaq Stock Market has notified Electric Last Mile Solutions Inc. that the EV startup has fallen out of compliance with its listing rules, signaling more trouble for the struggling company. The notice was issued to Electric Last Mile, which trades under the ticker ELMS, after it failed to file required periodic reports with the
In this article LCID With 1,050 horsepower, the new Grand Touring Performance edition becomes the most powerful version of Lucid’s electric Air sedan. Lucid Motors Electric vehicle maker Lucid is debuting a new edition of its popular and powerful Air luxury sedan. The Lucid Air Grand Touring Performance, announced Tuesday, will ship with 1,050 horsepower
With an empty airstrip and eleven of the best driver’s cars in the world, we put on the world’s greatest drag race. Read the entire 2011 Best Drivers Car story here: http://www.motortrend.com/features/performance/1109_2011_motor_trend_best_drivers_car/index.html Also find Motor Trend on: Tweets by MotorTrend http://facebook.com/MotorTrendMag Shot by: Jim Gleason, Gordon Green, Duane Sempson, Corey Denomy Directed by: Mike Suggett
The next-generation Mercedes-Benz E-Class has been spotted testing again, in sedan guise. The current E-Class arrived for the 2017 model year and was given a mid-cycle update for 2021. In Mercedes tradition, we should see the redesigned E-Class arrive in 2023 as a 2024 model. The design looks to be taking on a more dynamic
Despite the fact that the first customer deliveries of the all-new Made-in-Texas (MIT) Tesla Model Y have already begun, the manufacturer did not officially announce pricing or specs yet. According to the media, about 20 cars were delivered at the Cyber Rodeo event, held on April 7 at the Tesla Giga Texas plant but it
As electric vehicle sales take off, the number of those EVs on the road is growing faster than the number of public charging points to support them. That’s one of the high-level conclusions from an in-depth study on the state of public charging infrastructure done by research organization Bloomberg New Energy Finance The number of
The time has come for a new DeLorean. DeLorean Motor Co. Inc. says it plans to unveil an electric model at the Pebble Beach Concours d’Elegance in August. The company last week released a teaser image of the concept, showing the taillight and left shoulder. The prototype is being revealed at the Awards Ramp three
4:48 PM ET Associated Press CHARLOTTE, N.C. — Jimmie Johnson doesn’t intend to let a fractured right hand keep him off the track. On Tuesday, the seven-time NASCAR champion, who has become an IndyCar Series regular, announced on Twitter he had surgery Monday night in Charlotte, North Carolina, to repair the injury he suffered in
What kind of vehicle is the 2023 BMW X7? What does it compare to? The BMW X7 is a luxury three-row SUV equaling the features and amenities found in the 7-Series sedan flagship. BMW’s largest vehicle competes with large luxury SUVs such as the Mercedes-Benz GLS-Class, Audi Q7, and the Land Rover Range Rover. Is
With all the Dakar-style, off-road supercars coming out, it’s easy for owners of the standard sport and supercars to fool themselves into thinking theirs are more capable than they really are. One C8 Corvette owner found that out to his cost on a beach in Galveston, Texas. Like Carlos Sainz, this Corvette owner found out
Nissan on Tuesday announced the return of its rugged Rock Creek grade to the Nissan Pathfinder three-row SUV. Redesigned for 2022, the SUV embraces more off-road capability and a more outdoorsy look with the 2023 Pathfinder Rock Creek trim. With its shift last year from a CVT to a 9-speed automatic transmission, the Pathfinder boasted
In a quiet San Francisco neighborhood earlier this month, three police officers stopped an autonomous vehicle driving with its headlights off and were captured on video trying to communicate with the car which had no human driver. The car’s owner, General Motors-backed Cruise Automation, has been rolling out its robotaxi service in the city since
In this article MBG-DE TSLA BMW-DE F GM 7267.T-JP With several major economies looking to cut the number of diesel and gasoline vehicles on their roads, Honda and other carmakers are attempting to develop electrification strategies that will allow them to remain competitive going forward. Aimur Kytt | Istock Editorial | Getty Images Honda plans
By Eric Ralph Posted on April 12, 2022 South Korea is deepening its relationship with SpaceX with a contract to launch at least five military reconnaissance satellites on Falcon 9 rockets by the end of 2025. Known as the “425 Project,” South Korea intends to operate its own small constellation of five new Earth observation
SHANGHAI — China auto sales plunged 12 percent in March as the country’s curbs to rein in COVID-19 outbreaks took their toll, while Tesla was among automakers feeling the pain of limits on production. Sales in the world’s biggest car market fell to 2.23 million vehicles in March, the first decline in three months and
PHOENIX — A steady cadence of new advertisements during key events made March the best month for GMC Hummer EV reservations since the SUV version was unveiled a year ago. “Awareness is a big thing, and I think that is on our side,” said Duncan Aldred, global vice president of Buick-GMC. GMC during the NBA
4:47 AM ET Italy has seized properties worth some €105 million ($114.45 million) owned by Russian former Formula One driver Nikita Mazepin and his oligarch father. The operation targeted a villa — known as Rocky Ram — located in the north of the island of Sardinia. It is part of broader efforts aimed at penalising
General Motors on Tuesday inked a deal with Glencore to secure cobalt from the global miner’s Murrin Murrin operation in Australia, as it boosts electric vehicle production to meet rising demand. The cobalt will be used in GM’s Ultium battery cathodes, which powers the Chevrolet Silverado EV, GMC Hummer EV and Cadillac Lyriq vehicles, the
Maja Hitij | Getty Images News | Getty Images Elon Musk went on a tweetstorm over the weekend, lobbing numerous critiques of Twitter. But the Tesla and SpaceX CEO appears to have deleted several of his spiciest takes, as he’s dropped his plan to join the social media company’s board. Musk’s tweets included suggestions on
On this episode of The Downshift, Motor Trend’s Senior Features Editor Jonny Lieberman goes to Affalterbach, the home of AMG, to build his own twin-turbo V8 by hand; as all AMG engines are. The Downshift appears every Tuesday on the new Motor Trend channel. http://www.youtube.com/motortrend Subscribe now to make sure you’re in on all the
Toyota revealed the first member of its new BZ (Beyond Zero) sub-brand for electric vehicles last fall, and on Tuesday we got information specific to the U.S. market, including the all important pricing information. The first member is a small crossover called the BZ4X. It’s similar in size to the top-selling RAV4 and is due
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
American Axle & Manufacturing Holdings is acquiring Tekfor Group in a deal valued at more than $135 million as the U.S. automotive supplier expands its electrification portfolio. American Axle’s purchase of the Hausach, Germany-based company, announced Monday, comes with 2,100 employees across eight plants in Europe and America. The deal is subject to regulatory approvals
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