On February 4, 1922, Henry Ford signed a deal to purchase the Lincoln Motor Company at the recommendation of his wife Clara and his son Edsel. Now, 100 years later, the company is on the verge of another sea change. The company was founded in 1917 by Henry Leland and his son Wilfred. Henry was
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In this article TSLA GS VOW3-DE A Volvo XC40 Recharge car on display at the 38th Thailand International Motor Expo 2021. Peerapon Boonyakiat /SOPA Images | LightRocket | Getty Images Volvo Cars and Northvolt said Friday they would build a battery manufacturing plant in Gothenburg, Sweden, with construction set to begin in 2023. According to
Google is latching onto the mobility tech hub Ford Motor Co. is developing at Detroit’s long-abandoned train station in Corktown. The Mountain View, Calif.-based tech giant and Dearborn-based global automaker are set to announce Friday that Google will provide its cloud-based technological services at Michigan Central, the new name for Ford’s mobility innovation campus centered
STOCKHOLM — Volvo Cars and battery manufacturer Northvolt will build their joint battery manufacturing plant in Gothenburg, western Sweden, the two companies said. The factory will employ as many as 3,000 people and produce up to 50 gigawatt-hours of cells a year — enough to supply around half a million cars. It will make battery
An “oversharing mom” who can’t stop talking about her Carvana buying experience takes center stage in the online used-vehicle retailer’s first-ever Super Bowl ad. Carvana released the 30-second commercial on Wednesday. It will air nationally during the Feb. 13 game. It depicts a talkative mom character telling person after person she encounters — her son,
TOKYO — Toyota will continue its low-profile approach to Olympic sponsorship during this month’s Winter Games in Beijing, despite splurging to be the exclusive mobility provider to the international sporting events. All told, the world’s biggest automaker will provide some 2,200 vehicles for the Beijing Olympiad, to shuttle around athletes, coaching staff, officials and VIPs,
It was -22 degrees farenheight this morning in Minneapolis, Minnesota. I know this because I live here, and it was cold. But we have fun with the cold. We let people vote on the names of our snowplows, in fact. Last year, Minnesotans chose Plowy McPlowFace as the name for one of the machines that
4:34 AM ET Red Bull has announced it will launch its new car, the RB18, on February 9. Max Verstappen won last year’s drivers’ championship with Red Bull and remains at the team alongside teammate Sergio Perez this year. Verstappen will defend his title with the No.1 on his car this season. 1 Related Although
We’re fairly familiar with stories about customers suing dealers or carmakers but now one New York Nissan dealer is taking the automotive giant to court for allowing a rival outlet to open too close to his own store. The dealer in question is F. James Rourke, joint owner and general manager of Central Avenue Nissan
In this article F Ford Motor Co. signage at the Washington Auto Show in Washington, D.C., Jan. 21, 2022. Al Drago | Bloomberg | Getty Images DETROIT — Ford Motor‘s shares slid after it reported fourth-quarter earnings Thursday that significantly missed Wall Street’s earnings expectations and slightly missed on revenue. The company’s shares tumbled by
The abrupt resignation of the two top executives at Electric Last Mile Solutions Inc. could spell “dark days” ahead for the newly public Troy-based electric vehicle company. CEO James Taylor and Chairman Jason Luo, each co-founders of the electric commercial vehicles maker, stepped down after the company’s board determined they bought company equity without obtaining
Lithium ion batteries are a key part of the current move to electrification for automakers . With China expected to continue dominating production of lithium ion cells, the West is now hoping to win the race for a vastly improved successor. European automakers spending billions of euros in pursuit of battery breakthroughs are increasingly focusing
EV home charging station provider Wallbox said it plans to air its first U.S. commercial during the Super Bowl. The 15-second spot tells the story of a lightning strike survivor who has a fear of electricity. Despite this, he still uses a Wallbox charger to for his EV, the company said in a statement Wednesday.
DETROIT — Ford Motor Co. on Thursday said fourth-quarter net income jumped to $12.3 billion from a $2.8 billion loss a year earlier, despite continued production and inventory struggles stemming from the ongoing semiconductor shortage. The profit includes an $8.2 billion gain from Ford’s investment in Rivian, the EV maker that went public in November,
While normal e-bikes are great for simple communtes, if there’s dirt, sand, or other obstacles in the way of reaching your destination, traditional offers might not be up to the task. Well, GEN3’s OutCross fat tire e-bike is made to handle anything with a 4-inch wide tire and powerful 500W motor. On sale for the
10:21 AM ET Alpine has announced a restructuring of its technical department following the departure of executive director Marcin Budkowski last month. Pat Fry has been promoted to Chief Technical Officer and will be in charge of all major decisions from a technical point of view while his former role as technical director will be
What kind of car is the 2022 Tesla Model 3? What does it compare to? The 2022 Tesla Model 3 is an electric compact sedan that offers a stirring combination of performance and efficiency. It also possesses a sparsely decorated interior devoid of nearly all buttons and gauges in favor of a single, large touchscreen.
The Ford Maverick is proving to be a runaway success for the car manufacturer thanks in part to its $19,995 starting price. However, to achieve such a starting price, Ford did have to skimp on some features, including a digital instrument cluster on base models. Fortunately, there’s a solution to that. A Ford Maverick owner
In this article F A 2022 Ford Motor Co. Maverick compact pickup truck during the Washington Auto Show in Washington, D.C., on Friday, Jan. 21, 2022. Al Drago | Bloomberg | Getty Images DETROIT – Shares of Ford Motor led the automotive sector in growth last year, soaring by about 140% thanks to a restructuring
In what’s believed to be a first-of-its-kind partnership, self-driving truck company TuSimple said Wednesday it will soon work with Union Pacific Railroad to haul freight on a major route in Arizona. TuSimple this spring plans to carry goods for Union Pacific, the largest U.S. railroad, in trucks operating without humans aboard. Trucking and rail typically
BERLIN — Opel is hiring several hundred temporary workers to help deliver its new Astra compact car. The move is in part to compensate for workers off sick with COVID-19 amid the spread of the Omicron variant, an Opel spokesperson told German business magazine Wirtschaftswoche. Opel, which is owned by Stellantis and operates three plants
Chatty mom hypes Carvana experience An “oversharing mom” who can’t stop talking about her Carvana buying experience takes center stage in the online used-vehicle retailer’s first-ever Super Bowl ad. Arnold Schwarzenegger is Zeus in this BMW spot No, the action star and former governor of California is not coming out with a new movie about
Former boxing champion Floyd Mayweather has entered NASCAR as the co-owner of The Money Team Racing. TMT Racing will run a partial Cup schedule in 2022 with Kaz Grala behind the wheel of the No. 50 Chevrolet. “I love fast cars and I love to compete. I know NASCAR will not be easy, but anything
Canadians Annie Brennan and Shea Brennan bought their first dealership in the U.S. in December, a Buick-GMC store in upstate New York. The Brennans bought Knight Buick-GMC in Plattsburgh on Dec. 13 from Richard Knight Jr. The dealership was renamed Brennan Buick-GMC. “Shea and I had been looking to purchase our own store in Atlantic
The Mercedes-Benz EQA is an entry-level electric model from Mercedes-Benz, offered in a few versions – front-wheel-drive EQA 250 and all-wheel-drive EQA 300 4MATIC and EQA 350 4MATIC. Today, we will take a look at the cold weather range test of the EQA 350 4Matic, performed by Bjørn Nyland at a temperature of 2°C and
1:15 PM ET Eric GomezMexico writer British driver Jamie Chadwick is a two-time champion of the all-female W Series circuit. Photo by Clive Rose/Getty Images When Jamie Chadwick first sat behind the wheel of a Formula One car, the moment highlighted both the promise of progress and the historical stagnation of women in one of motorsports’
What kind of vehicle is the 2022 Porsche Panamera? What does it compare to? The Panamera hatchback—yes, it’s not a sedan—is unlike any other vehicle of its kind, thanks to scalding performance and all-around four- or five-seat utility. Its competitors include the Lucid Air, Tesla Model S, and BMW 8-Series Gran Coupe. Is the 2022
Many of us love taking our preferred vehicle out for a little spirited drive from time to time but it’s amazing how fast that dream can turn into a nightmare. This Lotus owner from Hong Kong found that out the hard way when he lost control of his Exige and ran into a light post
The ELMS Urban Delivery, anticipated to launch later this year, is expected to be the first Class 1 commercial electric vehicle available in the U.S. market and will be produced at the Company’s facility in Mishawaka, Indiana. Electric Last Mile Solutions Shares of Electric Last Mile Solutions plummeted Wednesday by more than 50% after the
WASHINGTON — Officials from groups representing the autonomous vehicle industry, as well as highway safety advocates and union workers, are urging Congress to act on legislation for self-driving cars and trucks. The U.S. House Transportation and Infrastructure Committee’s Subcommittee on Highways and Transit will hear testimony Wednesday from self-driving startup Aurora, Advocates for Highway and