In this article F Follow your favorite stocksCREATE FREE ACCOUNT DEARBORN, Mich. — New video footage of a fire involving a Ford F-150 Lightning this year highlights a growing concern around electric vehicles: volatile fires from the batteries that power them. The previously unreleased footage, which CNBC obtained through Michigan’s Freedom of Information Act from
Month: April 2023
By Joey Klender Posted on April 20, 2023 Lucid Group has announced the first deliveries of the “Stealth Look” Air sedan, bringing the “Dark Side” to its all-electric sedan. The Lucid Air equipped with the Stealth Look personality brings an optional darker exterior design theme, bringing an “overtly sporting personality” to the car. Unveiled last
A new generation of the Ford Mustang will soon arrive for the 2024 model year, and the folks at Saleen are ready to turn it into a 302. The Southern California engineering and motorsport company this week released a teaser sketch of its new 302 Mustang based on the seventh generation of Ford’s iconic pony
Mecum Accelerated: The best sales from Mecum Auctions Houston 2023. #Mecum #MecumAuctions #MecumOnMotorTrend MotorTrend is the ultimate streaming destination for gearheads coupled with the latest automotive research and news. Get a fast, simple, and free car quote today ➡️ https://quotes.motortrend.com Start your MotorTrend Streaming Free Trial today! https://www.motortrendondemand.com/freetrial Follow MotorTrend for the latest! MotorTrend News:
SHANGHAI — Chinese Internet users berated BMW on Thursday, accusing it of discrimination at the Shanghai auto show amid claims workers at its Mini booth favored foreign over domestic visitors during an ice cream giveaway promotion. Mini apologized for the incident in question, saying in a statement on its official Weibo account that it was
3:42 PM ET Kevin Harvick will make his 800th NASCAR Cup Series start on Sunday at Talladega. James Gilbert/Getty Images Here’s a real-life truth that no one understands until they find their lives standing squarely in the middle of that very truth. Being the wisest person in the room isn’t about being the smartest person in
Is This The End Of The Road For Rare Yellow Ferrari 512TR? | Carscoops There’s a potential the 4.9-liter flat-12 of this Ferrari 512 TR could be saved by Brad Anderson April 20, 2023 at 13:09 by Brad Anderson It’s never nice to see a prized Ferrari that’s been involved in an accident but looking
Jaguar Land Rover will now be called JLR in a rebrand that shifts the focus onto four subbrands: Range Rover, Discovery, Defender and Jaguar. JLR will become a “House of Brands” in a change of strategy that will help “amplify the uniqueness of our characterful British marques,” Gerry McGovern, chief creative officer, said in a
BANGKOK — Chinese automaker Changan Auto will invest $285 million in a facility in Thailand to produce 100,000 electric vehicles annually, Thailand’s Board of Investment said on Thursday. The company aims to sell the EVs in Thailand, Southeast Asia, Australia, and South Africa, said the board’s secretary-general, Narit Therdsteerasukdi. Thailand is Asia’s fourth-largest autos assembly
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk attends the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. The new plant, officially called the Gigafactory Berlin-Brandenburg, is producing the Model Y as well as electric car batteries. Christian Marquardt –
Tesla’s stock (TSLA) crashed 7% today following earnings that actually met expectations. So what is the problem? Is Tesla losing its credibility? Yesterday, Tesla released its Q1 2023 financial results and met earnings expectations of $0.85 per share and even surprised many by maintaining an automotive gross margin over 19% despite significant price cuts during the
Renault Group reported better-than-expected sales in the first quarter on robust demand for new models such as the Austral sport utility vehicle and improving supply of key auto parts such as semiconductors. Group revenue rose 29.9 percent to 11.5 billion euros ($12.6 billion), the French carmaker said Thursday, above analyst estimates of €11.3 billion. Renault
Porsche 911 GT Cup Narrowly Avoids Tragedy After Flying Into Grandstands At Portimão | Carscoops A Porsche Sprint Challenge driver suffered a brake failure on his way into a corner and vaulted into an empty grandstand by Sebastien Bell April 14, 2023 at 18:41 by Sebastien Bell The gods of motorsport were watching over the
WASHINGTON — Electric vehicles from Volkswagen Group of America and some EVs made by Rivian Automotive will qualify for tax credits under the newly effective battery sourcing rules, the two automakers confirmed Wednesday. All variants of VW’s 2023 ID4 are eligible for the full $7,500 tax credit this year. “The ID4 is already one of
Telsa is willing to sacrifice profit for higher volume in the short term, said CEO Elon Musk, reaffirming the automaker’s commitment to price cuts after missing first-quarter expectations for total gross margin. “We’ve taken the view that pushing for higher volumes and a larger fleet is the right choice here, versus a lower volume and
Toyota displays a new concept electric car — developed jointly with BYD and FAW — at the Shanghai auto show in April 2023. CNBC | Evelyn Cheng BEIJING — Toyota this week began taking orders for its first electric sedan in China, and announced two more models are set to come to the local market
BYD has confirmed that the Dolphin all-electric compact hatchback is coming to Europe this year alongside the Seal mid-size sedan. After launching three fully electric vehicles in Europe – the Atto 3 compact SUV, Han large sedan, and Tang large SUV – the Chinese automaker is enlarging its European lineup with two models that have
The 2023 Honda Civic Type R has set a new record for front-wheel drive cars at Germany’s Nürburgring racetrack—if you read the fine print. The latest Civic Type R lapped the Nürburgring Nordschleife in 7:44.8, Honda confirmed Wednesday in a press release. That’s a slightly longer elapsed time than the 7:40.1 set by the Renault
MotorTrend’s Sean Holman and Christian Hazel ride along the Eastern Sierras in the Rivian R1T to meet Brent Underwood, the newly-minted owner of one of California’s most infamous historic mining towns, Cerro Gordo. Reserve an R1T: https://bit.ly/3o8GjYt Subscribe to Rivian’s YouTube: https://bit.ly/3baumyu MotorTrend is the ultimate streaming destination for gearheads coupled with the latest automotive
Stellantis has appointed Natalie Knight, an executive at a Dutch food retailer, as chief financial officer, replacing Richard Palmer, who helped lead the merger of Fiat Chrysler Automobiles and PSA Group that created the French-Italian-American automotive group. Palmer, a 20-year veteran of Fiat Chrysler, where he was CFO before the merger, will leave Stellantis on
1:27 PM ET Michael Schumacher’s family plans to take legal action against a German magazine that ran an AI-generated interview with the Formula One legend. German outlet Die Aktuelle ran a front cover spread promising an exclusive interview with Schumacher, who has not been seen in public since suffering a serious brain injury in a
Feds Bust Theft Ring That Allegedly Stole Some $2 Million In Catalytic Converters | Carscoops The thieves allegedly stole up to 26 converters in a single evening by Stephen Rivers 16 hours ago by Stephen Rivers A theft ring that orchestrated the theft of some $2 million worth of catalytic converters and more is off
Ally Financial‘s first-quarter net income fell 51 percent from a year earlier as it collected less revenue from financing and set aside a higher amount to cover potential losses on loans, the Detroit bank said Wednesday. However, its $319 million in net income was an improvement over the fourth quarter of 2022. Ally’s auto lending
GAYDON, England — The Jaguar brand will reinvent itself with the 2025 launch of an all-electric, four-door Grand Tourer model that will have “exuberant and fearless” styling, executives said. The car will be the brand’s fastest model to date and will cost more than 100,000 pounds ($124,200) as Jaguar moves more upscale into the ultraluxury
In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT The logo of Stellantis, the world’s fourth-largest automaker which starts trading in Milan and Paris after Fiat Chrysler and Peugeot maker PSA finalised their merger, is seen at the main entrance of FCA Mirafiori plant in Turin, Italy, January 18, 2021. Massimo Pinca | Reuters
By William Johnson Posted on April 18, 2023 Ford has teased its next electric vehicle offering, but sadly, it likely won’t be coming to the United States. The Ford Puma is one of the most popular vehicles the Blue Oval produces, yet outside of the markets that it is sold in, it is essentially unknown.
Honda is further leaning into an EV future by committing to a goal of phasing out gasoline cars by 2027 and offering only battery electric vehicles for the China market by 2035. The know-how gained in China will underpin the automaker’s global electrification strategy, senior managing executive officer Shinji Aoyama said at the Shanghai auto
8:28 AM ET The Australian Grand Prix’s stewards have rejected Ferrari’s attempt to reopen the investigation into Carlos Sainz’s in-race penalty. Sainz dropped from fourth place to last in the final results of the race due to a five-second penalty for making contact with Fernando Alonso at a late red-flag restart. The stewards issued the
Ford Around With A Mustang And Find Out | Carscoops Fortunately, it doesn’t appear as though any one was injured after this Ford Mustang crashed by Brad Anderson 1 hour ago by Brad Anderson It’s hard to keep count of the number of times we’ve seen a Ford Mustang become the butt of jokes due
A bill that aimed to prohibit right of first refusal on dealership buy-sell deals failed in West Virginia’s House of Delegates last month, in part on the concern that eliminating it could hamper automakers’ efforts to increase racial diversity among dealers in the state, according to a representative of the state’s dealers association. The right
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