Apple (AAPL), Constellation Brands (STZ) and Ford Motor (F) were subject to Wall Street research on Wednesday. Here’s the latest analyst commentary on these Club holdings, along with our view. Apple Analyst take: Baird lowered its estimate for iPhone manufacturing in Apple’s fiscal first quarter by 8 million units, citing persistent challenges at an assembly
Month: November 2022
Volkswagen Group’s Skoda brand will launch three new electric models by 2026, four years earlier than originally planned, its boss told Handelsblatt business daily. The Czech carmaker will spend the vast majority of its planned investment on these new models, Skoda CEO Klaus Zellmer added. This would bring the proportion of electric models in its
Formula 2 driver Amaury Cordeel may be able to drive a race car very well, but he won’t be allowed to drive a road car for a while. The Belgian driver has lost his driver’s license after being caught speeding in his hometown of Tamise, Belgium. Those caught speeding excessively never really have anyone to
DETROIT — Cruise, the General Motors robotaxi unit, plans to enter a “large number of markets” and scale operations up to “thousands of vehicles” in 2023, COO Gil West told Reuters. Cruise has announced plans to start offering rides in Austin and Phoenix, adding those cities to its current base in San Francisco. West said
Honda Motor Co. revealed plans to expand its Honda Sensing suite of advanced driver-assistance technology to include hands-off features on all U.S. models by 2030. Honda says the technology reflects its vision to cut global traffic fatalities involving Honda autos and motorcycles in half in the same timeframe on its way to eliminating the fatalities
Derek Bieri travels to the last standing AMC dealership and finds an AMC Rebel SST convertible that needs reviving. Parked for over 40 years, he’ll try to get it running again and give it back to its original owner, who hasn’t seen it on the road since he was nine years old. #RoadworthyRescues #motortrend #amc
Audi next year will launch a new electric crossover positioned between the mid-size E-Tron and compact Q4 E-Tron. It will go by the name Q6 E-Tron, and prototypes have been out and about for more than a year (shown below). Now we have the first spy shots of a prototype for a coupe-like version to
Ford’s Mustang Mach-E continues winning customers over as the automaker announced today it had produced its 150,000th fully electric SUV. The Mach-E is now available in 37 global markets as Ford accelerates EV production to reach its goal of 2 million by 2026. The Mustang Mach-E was officially revealed to the world in 2019 as
In this article RIDE Follow your favorite stocksCREATE FREE ACCOUNT Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Electric truck startup Lordstown Motors said Tuesday it began shipping its pickup truck to customers after receiving
TURIN – Stellantis has revised the timeline of its switch to a so-called agency distribution model, a move that will give brands and dealers more time to adapt to the change. The rollout of the agency model, in which the automaker rather than the dealer holds the inventory and sells directly to the customer, will
6:09 AM ET Esteban Ocon has taken a parting shot at former Alpine teammate Fernando Alonso, saying the Spaniard barely did any work to push the team forward. Alonso is joining Aston Martin next year and has already predicted his new team can beat Alpine in 2023. The Spaniard grew increasingly critical of Alpine and
A couple from Manitoba that occasionally rents out its RV to holidayers found themselves embroiled in a countrywide controversy, after they rented out their vehicle to Romana Didulo, the so-called “Qanon Queen of Canada.” The couple, Vicki and Mike LeBlanc, say they’ve never had a problem renting out their RV in the past, so when
DETROIT — Stellantis is working to ease dealerships into its ambitious electric vehicle rollout, but it has no plans to specify the dollar amounts they’ll need to invest as General Motors and Ford Motor Co. have done. The automaker has partnered with Future Energy, a company that advises dealerships on how to set up charging
Lordstown Motors Corp. made first deliveries on its initial batch of 500 electric pickups for commercial fleet customers. The Lordstown, Ohio, EV startup on Tuesday said it began to move its Endurance pickup after receiving homologation certification from the U.S. government. The Department of Transportation must provide certification a vehicle meets U.S. codes before a
It took a couple of weeks, but we now have CharIN’s response to Tesla’s public release of the North American Charging Standard (NACS), previously referred to as the Tesla connector. In a joint statement, the Charging Interface Initiative (CharIN e.V.) and the CharIN North America Chapter made it very clear that there is already a universal standard,
Longtime General Motors advertising agency Campbell Ewald has undertaken an executive shuffle, which includes naming the first woman as its CEO in the company’s 112-year history. Kari Shimmel, 41, CE’s chief strategy officer since late 2018, will immediately step into the role of CEO, succeeding Kevin Wertz, who is stepping down as CEO but will
In this article SPGI TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Model 3 vehicle is on display at the Tesla auto store on September 22, 2022 in Santa Monica, California. Tesla is recalling over 1 million vehicles in the U.S. because the windows can pinch a persons fingers while being rolled up. Allison
Renault and Nissan have readied plans to announce a potential deal on a restructured alliance as early as next month in London with the two automakers still negotiating terms, three people with knowledge of the talks told Reuters. Renault Chairman Jean-Dominique Senard said on Tuesday he was “confident” the French automaker and Nissan would be
4:01 AM ET Mattia Binotto has resigned as the boss of Ferrari’s Formula One team after its disappointing season. Ferrari came into 2022 as strong favourites for the championship and won two of the opening three races, but their challenge soon faded. Binotto’s team won just three more times as Max Verstappen and Red Bull
The driver of a sedan in China has been lucky to survive a terrifying crash after slamming into a toll booth divider in China that sent the vehicle flying into the air before crashing down. The incident happened on November 24 at approximately 8:20 p.m. and was captured on CCTV. The shocking footage shows the
A central Florida woman was killed Saturday while participating in a test drive of a 2023 Nissan Rogue from dealership Hill Nissan in Winter Haven, Fla. Polk County Sheriff Grady Judd said on Twitter that the victim, 76-year-old Jean Worme, was a passenger in the vehicle that was making a left to pull back into
Senior Editor Jonny Lieberman discusses the new 2013 Mazda CX-5 on the floor of the 2011 Frankfurt Motor Show.
De Tomaso has revealed a follow up to its stunning P72 supercar in the form of the equally stunning P900 hypercar. The newcomer packs a V-12 good for 888 hp, and just 18 examples are destined for production, priced at $3 million apiece. Lewis Hamilton recently visited Japan where he was able to sample one
By Johnna Crider Posted on November 28, 2022 On Friday afternoon, the Lynnwood Police arrested a suspect near a Tesla store, which led to reports circulating around Twitter that this was possibly Antifa-related. Earlier Friday, there were reports of an Antifa call to arms to burn down Tesla. Lynnwood Police told Teslarati in a statement
Investment in German and EU industrial projects such as battery-cell factories will be unfeasible if the region’s policy makers fail to control ballooning energy prices in the long-term, the head of Volkswagen Group’s namesake brand, Thomas Schäfer, said. “Unless we manage to reduce energy prices in Germany and Europe quickly and reliably, investments in energy-intensive
Chinese authorities are investigating a new deadly accident involving another speeding Tesla Model Y that ran through a traffic light crashing into two vehicles resulting in the deaths of two people. This latest incident comes just weeks after a different Model Y was filmed accelerating out of control before crashing, killing two people and injuring
Tesla Inc. is developing a revamped version of Model 3, according to four people with knowledge of the effort, as the top EV maker aims to cut production costs and boost the appeal of the five-year-old electric sedan. One focus of the redesign codenamed “Highland” is to reduce the number of components and complexity in
Kathy Winter, a senior executive who previously worked in the autonomous vehicle technology divisions of Intel, Motorola and Delphi, will become the new COO at May Mobility. The Ann Arbor, Mich.-based developer of autonomous ride-hail vehicles and shuttles said Winter will focus on putting May Mobility’s plans for self-driving shuttles and ride-hailing vehicles into action.
Coke and Pepsi are fighting for first again. Only this time, they are battling for the right reasons. A few days before Pepsi is set to receive its first Tesla electric semi trucks on December 1, Coca-Cola has exciting news of its own – the company has begun deliveries in its new electric truck fleet.
TURIN – Lancia’s first new model as part of Stellantis is still more than a year away, but the Italian brand has already designed three new cars that it hopes will seal its entry into the premium segment. Lancia has not shown any previews of those models, the first of which will appear in early
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