Month: October 2022

BERLIN — Tesla topped registrations of full-electric vehicles in Germany in the first nine months of this year at nearly 38,458, data from the federal motor transport authority showed. Tesla beat VW brand by about 6,000 vehicles. Tesla’s EV registrations jumped nearly 50 percent from the January-September period last year, while VW’s dropped 40 percent
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Passport Automotive Group agreed to pay $3.38 million to settle a Federal Trade Commission lawsuit filed against the dealership group for charging illegal fees and discriminating against Black and Latino customers.  The Maryland group, along with its president Everett Hellmuth and vice president Jay Klein, together will pay this fine to refund the customers affected
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A plane crashed into a Buick–GMC dealership in southeast Ohio early Tuesday, police said. The 1974 Beechcraft King Air E90 crashed into Pioneer Buick-GMC’s parking lot in Marietta, Ohio, around 7:15 a.m. local time, a press release from the Ohio State Highway Patrol said. The pilot and a second occupant were killed in the crash.
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With soaring inflation, record high transaction prices, and a summer of $5 per gallon gasoline, affordable and fuel efficient sedans have never looked better. Unfortunately, it’s slim pickings as the carpocalypse continues to claim victims with some of the latest being the Chevrolet Spark, Hyundai Accent, Honda Insight, and Nissan Maxima. However, Toyota is committed
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In this article 1211-HK ZE594-CN Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett-backed BYD said it expects a more than 300% jump in third-quarter profit. Despite headwinds including a resurgence of Covid in China, rising material costs and a slowing economy, BYD has remained fairly resilient. Nathan Laine | Bloomberg | Getty Images Shares of
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Behold the most advanced, most luxurious and one of the most important vehicles Cadillac has ever made, the 2024 Celestiq. Serving as the flagship for the brand’s electric future, the hand-crafted, ultra-luxury flagship will help Cadillac reestablish itself as the Standard of the World, the automaker claims. Starting off with the design, the 2024 Celestiq production model
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Stellantis may stop manufacturing cars in China as geopolitical tensions escalate and western manufacturers cede market share to domestic players. The producer of Peugeot and Citroën cars may implement an “asset-light” strategy for those brands in the world’s largest auto market, CEO Carlos Tavares said Monday. Earlier this year, he used the same phrase to
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10:42 AM ET Formula One teams who spend more than allowed by the rules are effectively cheating and should face stiff sporting and financial penalties, McLaren boss Zak Brown wrote to FIA, F1’s governing body. The BBC reported details of the letter on Monday and McLaren confirmed they were correct. Championship leaders Red Bull, who
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PARIS – Vietnamese electric vehicle maker VinFast plans to open country headquarters in Germany, France and the Netherlands. Having HQs in Frankfurt, Paris and Amsterdam will allow VinFast, which — like rival Tesla — plans a direct-to-consumer retail network in Europe, to better address the specific requirements of each market, the automaker said Monday. The
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