By Johnna Crider Posted on November 9, 2022 U.S. President Biden said that he thinks Elon Musk’s relationships with other nations are “worthy of being looked at,” during a White House press conference on Wednesday. You did it mr president. Maybe Elon Musk only purchased Twitter so you can say his name, say Tesla, and
Month: November 2022
MOSCOW — Russian automaker Sollers will buy out Mazda 50 percent stake in their joint venture car assembly plant in Vladivostok, Sollers said. In a results statement on Thursday, Mazda said the deal would be worth one euro, bringing it the right to buy the asset back for the same amount within three years. Mazda,
A Lamborghini Aventador SVJ Roadster adorned with a pink and chrome wrap has been destroyed in a fiery crash in the United States. The Italian supercar, owned by collector Bryan Salamone, is one of the most recognizable examples of the Aventador SVJ and previously starred in a Nicki Minaj music video. Sadly, it is no
The nation’s public dealership groups say they saw continued digital sales growth in the third quarter, with some retailers selling thousands of vehicles through online sales platforms and others reporting at least half of their transactions involved some online activity. Lithia Motors Inc. said its Driveway online sales platform retailed and wholesaled more than 10,300
There’s a phrase that keeps getting tossed around in the autonomous vehicle business: trough of disillusionment. Cruise CEO Kyle Vogt said it on General Motors‘ recent earnings call, and Aurora Innovation CEO Chris Urmson used a variation of to describe where the industry is right now. Their comments came after Ford and Volkswagen-backed Argo AI
11:48 AM ET The Mercedes-AMG One hypercar, which is powered by a modified Formula One engine, has set a new lap record for a road-legal production car at the Nurburgring. The car, which has a V6 turbo-hybrid engine based on the 2016 Mercedes F1 power unit, set a time of 6:30.705 to slash the record
BMW’s X1 compact crossover has been redesigned for 2023, and our latest spy shots and video show a prototype for a new performance flagship that’s still in the works. The 2023 X1 currently tops out at 241 hp in internal-combustion guise and 308 hp in electric iX1 form. This new performance flagship, which we expect
In this article TSLA TWTR Follow your favorite stocksCREATE FREE ACCOUNT Joe Biden, left, and Elon Musk Evelyn Hockstein | Reuters; Andrew Harrer | Bloomberg | Getty Images Asked on Wednesday whether Tesla, SpaceX and Twitter CEO Elon Musk posed a threat to national security, President Joe Biden said that the centi-billionaire’s “relationships with other
Tata Motors said it expects profit and cash flow to bounce back in the second half thanks to healthy demand for its Jaguar Land Rover cars and a drop in domestic steel costs. The company reported a consolidated net loss of 9.45 billion rupees ($115.95 million) for the second quarter ended Sept. 30, compared with
Hitting an animal while driving can be quite dangerous, even more so if you’re riding a motorcycle. The nerve-wracking moment when a Yamaha motorcycle collided with a deer on a country road in the US was caught on camera. Thankfully the rider is safe, since the heavily damaged bike miraculously stayed on its wheels following
GRAZ, Austria — Fisker Inc. is poised to begin production next week as promised a year ago, although some features, including those that are common on many competing vehicles, may not be ready until 2024. Early next year, the company plans to add lane-keep assistance, blind-spot monitoring and automatic high beams to its launch edition
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In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle maker Rivian Automotive on Wednesday reaffirmed its 25,000-vehicle production target for 2022, but said it
As lightweight electric vehicles (LEVs) continue to demonstrate their value as urban commuters, more and more people are making the shift to electric. During hectic rush hours, LEVs like e-bikes and e-scooters are more accessible and handy, letting you move across the city more quickly than you would in a car or in public transportation. Fortunately, the e-bike
BERLIN — The German government on Wednesday blocked prospective Chinese investment in two domestic semiconductor producers after the moves raised concerns over national security and the flow of sensitive technological know-how to Beijing. The government said it had vetoed the takeover of the chip factory of the Dortmund-based company Elmos by Silex, a Swedish company
There’s no doubt that the all-new Honda Civic Type R is a hot commodity. With that in mind, it’s no shock that some dealers are charging greedy markups on the supposedly attainable hot hatch. One Honda dealer in Florida just got caught offering a payment plan on one that would result in the prospective owner
Tesla has parlayed early-mover advantage into a mile-long lead over the auto industry in electric vehicle sales. But the Empire is beginning to strike back with a battalion of competitively specced and priced electric models. Automakers have introduced nearly 15 EV models in the U.S. since the beginning of 2021, with eight launched this year,
Volvo is setting lofty U.S. sales expectations for its EX90 crossover, the Swedish automaker’s most significant launch since the XC40 in 2017, foreshadowing the brand’s future technology, design and sustainability efforts. Volvo Car USA CEO Anders Gustafsson said the seven-seater, introduced Wednesday in Sweden, will become the brand’s No. 1 volume EV in the U.S.
6:04 AM ET The head of Formula One’s governing body warned on Tuesday that online abuse, including death threats, against volunteers and officials would destroy the sport if left unchecked. International Automobile Federation (FIA) President Mohammed Ben Sulayem said a female steward recently received death threats while staff had been targeted with harassment and hate
Director of Alfa Romeo North America, Pieter Hogeveen, gives a first look at the Alfa Romeo Stelvio during the historic Pebble Beach Car week.
Audi’s E-Tron has undergone a major update and been given a new name in the process. The updated mid-size electric SUV was revealed late on Tuesday as the 2023 Audi Q8 E-Tron, and it is confirmed to reach dealerships in the second quarter of 2023, in both regular SUV and coupe-like Q8 Sportback E-Tron guises.
A lithium-ion battery photographed at a Volkswagen facility in Germany. Lithium-ion batteries are crucial components in electric vehicles. Jan Woitas | Picture Alliance | Getty Images LONDON — A facility described as the U.K.’s “first large-scale lithium refinery” will be located in the north of England, with those behind the project hoping its output will
By Eric Ralph Posted on November 8, 2022 SpaceX, NASA, and the rest of the Kennedy Space Center (KSC) and Cape Canaveral Space Force Station (CCSFS) are doing what they can to prepare for Tropical Storm Nicole’s imminent arrival. The somewhat unexpected storm grew quickly in recent days and has become a system that could
German prosecutors are investigating a cyberattack on Continental, Handelsblatt newspaper reported, citing a spokesperson who declined to go into further details. Continental had said on Monday that a cyberattack it reported in August had resulted in some data being stolen from the company. Handelsblatt reported on Monday that 40 terabyte of data had been stolen
A 22-year-old Australian driver has caught the police’s and the Internet’s attention for his unlikely speed on public roads. New South Police claimed in a statement that they clocked the driver going 280 km/h (174 mph) in a blue Golf R. As our Australian readers are no doubt aware, and as readers from the rest
Lucid Group Inc. reported a third-quarter net loss of $670 million but reiterated its production goal of 6,000 to 7,000 units of its Air electric sedan this year after dealing with supply chain issues and growing pains as an EV startup. The company’s stock price fell 13 percent to $11.79 in after-market trading after Lucid
LOS ALAMOS, New Mexico — Hailed as a “magical” solution. Derided as a perennial fantasy. Embraced as an “earthshot.” Many have eyed hydrogen’s tantalizing potential as an abundant and pollution-free energy source for transportation and beyond. Jules Verne described a method in which “water will one day be employed as fuel,” and wrote hydrogen and
3:45 AM ET Seven-times Formula One world champion Lewis Hamilton was made an honorary citizen of Brazil on Monday by the country’s lower house of Congress and dedicated it to his boyhood idol, the late Brazilian triple world champion Ayrton Senna. “I feel like now I’m one of you,” the Mercedes driver said in a
In this article LCID Follow your favorite stocksCREATE FREE ACCOUNT Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric vehicle maker Lucid Group on Tuesday reported that it lost $530 million in the third quarter but
Electric-vehicle startup Arrival warned on Tuesday that it may not have enough cash to keep its business going toward the end of next year. The company said it has been exploring options to tackle the fund crunch and hinted at cost-cuts that could have a sizeable impact on its workforce in the UK. Arrival’s move
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