Dealer associations in at least 13 states say Ford Motor Co. is unfairly burdening its retail network with costly requirements for electric vehicle sales and breaking some franchise laws. Officials in Pennsylvania, Virginia, North Carolina and other states have written to Ford calling for significant change to one of CEO Jim Farley’s signature initiatives, which
Month: November 2022
The auto industry is evolving at a rapid pace and connecting across adjacent businesses more than ever. Our upcoming Automotive News Congress events in Los Angeles and Detroit are perfect opportunities to learn from — and network with — a wide array of top executives and experts leading this transformation. In Los Angeles on Nov.
By William Johnson Posted on November 3, 2022 Nissan has been forced to pause orders in Japan for their new EV, the Nissan Sakura, after the waiting period for the vehicle spanned over a year. While those in western markets may be familiar with the upcoming Nissan Ariya EV, they are likely less informed about
Porsche has been spotted testing a high-riding 911 Safari over the past year, but this is not that vehicle. What you’re looking at is a specially developed 911 off-roader built to tackle the world’s tallest volcano, Chile’s Ojos del Salado, which has its summit at 22,615 feet. Porsche built two of the rugged 911s, both based
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the image of Elon Musk is displayed on a computer screen and the logo of twitter on a mobile phone in Ankara, Turkiye on October 06, 2022. Muhammed Selim Korkutata | Anadolu Agency | Getty Images When Tesla and SpaceX CEO
FRANKFURT — New-car sales rose in Germany 17 percent in October as supply issues eased and registrations of electric cars continued to grow. Registrations rose to 208,642, according to data from the KBA motor transport authority published on Thursday. Sales of full-electric vehicles increased 17 percent for a 17.1 percent market share. Diesel vehicle sales
Police arrested four individuals in Glendale, AZ after an eventful police chase. The driver of an allegedly stolen white Volkswagen Tiguan ran over stop sticks and curbs, into fields, and even took out a sign before the end of the pursuit. Watching it all unfold is eerily reminiscent of the sort of thing you’d only
Carvana Co. said Thursday it recorded a net loss of $508 million in the quarter ending Sept. 30, noting it continues to grapple with inflationary pressures and rising interest rates that are causing consumer demand for used vehicles to wane. The loss is larger than both Carvana’s $506 million first-quarter loss and the $68 million loss
The image arrived in Susan Swenson‘s inbox on a Wednesday evening. Her corporate headshot had been crudely crossed out in digital red ink, and the word “Kill” was written in the bottom left corner. In the hours that followed, some of her colleagues received similar threats, including messages that referenced the recent assassination of former
One thing I love about e-bikes is that you have to put them on bike racks less often. Since they propel you significantly faster and farther than an acoustic bike, you are more likely to just ride to the bike path rather than carry the bike there on your car. That being said, there are
In this article STLA-IT Follow your favorite stocksCREATE FREE ACCOUNT Engines undergo a final inspection at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images Automaker Stellantis expects inflation costs on raw materials to subside next year following significant increases during the coronavirus pandemic, CFO Richard Palmer
Maserati could be a stand-alone brand in the future if it can become sustainably profitable, Stellantis Chief Financial Officer Richard Palmer said, adding that no decision has been made. In recent years, a number of Maserati’s high-end competitors have been spun off from their parent companies as separate listings, including Ferrari (from Fiat) at the
Just off the beach in Santa Barbara, California, authorities found a white Tesla Model 3 halfway under the water. The Carpinteria-Summerland Fire Department discovered the car around 8 a.m. local time on Monday morning. The incident is still under investigation as authorities try to determine just how the all-electric vehicle ended up swimming with the
The U.S. arm of automaker Stellantis has issued a “do not drive” warning to roughly 276,000 older model year vehicles that are subject to Takata airbag recalls. Models included in the warning include 2005-10 Dodge Magnums, Chargers, Challengers and Chrysler 300s. NHTSA is telling all vehicle owners to check to see if their vehicle has
News last week that autonomous vehicle company Argo AI is shutting down set off some hand-wringing about the viability of AVs and the future of self-driving. One publication likened it to the collapse of Bear Stearns in 2008. Yeah, the one that triggered the global financial crisis. Overreactions like that border on the farcical and
EV startup Fisker has announced financial results for the third quarter and updated reservation numbers for both the Ocean SUV and PEAR entry-level model. Things are looking pretty good at the moment, with Fisker disclosing it had more than $824 million of cash and cash equivalents as of September 30, 2022. The company said this
Nov 1, 2022 Max Verstappen is enjoying the most dominant of Formula One seasons, but Red Bull team boss Christian Horner reckons the double world champion still deserves more recognition. The 25-year-old took a record 14th win of the season in Mexico City on Sunday and has now scored more points in a single campaign
David Freiburger scored the car he’d wanted for 20-plus years, a 1971 Plymouth Road Runner. It was a decent car, mostly original with 95,000 miles on it, but a repaint had turned to chalk, and it looked ridiculous with tiny tires. On Roadkill Garage, we transform it and give it more power on a budget!
A new generation of Nissan’s Z sports car arrived for 2023, and, just as it did for the predecessor model, Nissan has built a racing version to GT4 specifications. The new Z GT4 made its formal debut on Wednesday at the 2022 SEMA show in Las Vegas, following a previous showing in September, as well
In this article TWTR Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk’s photo is seen through a Twitter logo in this illustration taken October 28, 2022. Dado Ruvic | Reuters Twitter employees are expecting a 50% overall reduction in force after Tesla and SpaceX CEO Elon Musk took the reins of the social network last
Garrett Motion, a key supplier of automotive turbochargers and other equipment, is exploring strategic options including a sale, people familiar with the matter told Bloomberg. The Rolle, Switzerland-based company is working with an adviser on a possible sale, said the people, who asked not to be identified because they weren’t authorized to speak publicly. Garrett
Exposure. A simple word that is often dangled in front of inexperienced hopefuls by exploitative clients. It’s a word that has virtually become a meme in itself and not really one you’d expect to be used by one of the most successful EV startups of the century. But according to one game developer, that’s exactly
General Motors has named a new head of its OnStar in-vehicle safety, security and connectivity business, replacing Jeff Massimilla after a little more than a year. Mike Devereux, a top GM sales and marketing executive in China, took over as vice president, OnStar safety and security, as of Nov. 1, a GM spokeswoman told Automotive
Germany has called for a pause in the developing deep-sea mining industry, saying not enough is known about the likely impacts of mining the seabed for battery metals. The world’s fourth-biggest economy joins countries including New Zealand and France in calling for seabed mining exploration to stop until further research is done on environmental effects.
By Joey Klender Posted on November 1, 2022 A massive and comprehensive Tesla-focused exhibit that will highlight the company’s influence on the global automotive industry is set to come to the Petersen Automotive Museum in Los Angeles starting November 20. Petersen Automotive Museum is hosting a new exhibit called “Inside Tesla: Supercharging the Electric Revolution,”
2:53 PM ET Mauro Forghieri, the technical director and designer who helped Ferrari win a string of Formula One titles from the 1960s through to the 1980s, has died in Italy at the age of 87. “Legends last forever…It’s been an honour making history together. Ferrari and the world of motorsport will never forget you,”
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford F-150 pickup trucks at a dealership in Colma, California, on Friday, July 22, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT – Ford Motor’s U.S. sales last month declined by 10% as the automaker battled through supply chain issues that delayed shipments
BASF’s new battery materials site in Schwarzheide, eastern Germany, will start production towards the end of the year, the company said as it seeks to cater to a growing European electric vehicle industry. Under a push to build a global materials network serving the EV industry, BASF has been seeking a string of alliances with
KAR Global CFO Eric Loughmiller will retire at the end of 2022, the company announced. The wholesale auctions provider is conducting a national search for Loughmiller’s replacement and aims to fill the role before he retires, KAR CEO Peter Kelly told investors and analysts Wednesday on the company’s third-quarter earnings call. KAR reported higher year-over-year
In-car entertainment company Holoride launched the production version of its virtual reality entertainment platform as it looks to establish its lane in the growing in-vehicle entertainment market. The Holoride offering — which uses real-time motion data from the vehicle combined with unique content to create immersive VR entertainment experiences for passengers — will be available