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Volkswagen brand CEO Ralf Brandstaetter will take charge of the VW Group’s China operations and Skoda boss Thomas Schaefer will move to Brandstaetter’s role at VW, according to German press reports. Brandstaetter, 53, will move to Beijing for the new role, Frankfurter Allgemeine Zeitung reported on Wednesday. He will be promoted to VW’s management board,
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California-headquartered SunPower (Nasdaq:SPWR) announced today that it’s launched SunPower Financial, which means that customers working with SunPower to buy rooftop solar and storage no longer need a third-party lender to obtain and manage financing. SunPower’s new solar financing SunPower claims that it’s now the first and only solar provider to give US homeowners a one-stop
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What kind of car is the 2022 Nissan Versa? What does it compare to? The Versa four-door introduces drivers to Nissan’s sedan family. It’s a subcompact with good space for two people, occasional space for two more, and good gas mileage to go with its low, low price. Rivals include the Hyundai Accent and Kia
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BrightDrop, General Motors’ electric delivery van brand, will open its first dealership Tuesday, run by Chevrolet-Buick-GMC dealer Mike Caposio in Southern California. The dealership, called BrightDrop Greater Los Angeles, is located in Fontana, Calif., near Caposio’s stores: Rotolo Chevrolet in Fontana and Caposio Buick-GMC in Victorville. Rotolo Chevy is the largest Chevrolet dealership in California
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Michigan State University will deploy an electric autonomous bus on its campus in January pending additional testing and NHTSA validation, the school’s mobility research faculty announced in early November. The bus was produced by Turkish vehicle manufacturer Karsan and equipped with autonomous technology from Adastec Corp., a San Francisco-based company that offers autonomous transportation platforms
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In this article STLA-IT 2022 Jeep Grand Cherokee Summit 4xe DETROIT – Automaker Stellantis plans to generate about $22.5 billion (20 billion euros) in incremental annual revenue from software services and subscriptions by 2030, the company announced Tuesday. Driving the growth will be an increase in the automaker’s so-called connected vehicles — stocked with GPS,
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Sonic Automotive Inc. has completed what CEO David Smith has called the group’s largest acquisition ever with its $700 million purchase of RFJ Auto Partners Holdings Inc. The acquisition, which was revealed in September and closed on Monday, includes 22 franchised dealerships across Texas, Idaho, Washington, New Mexico, Missouri and Indiana. The deal also included
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Fueled with hydrogen instead of diesel, electrically powered Class 8 trucks could offer a much cleaner way to move freight. But first, America’s national labs must light a development path toward more efficient and durable “heavy-duty” fuel cells. Many experts believe using these to energize massive electric motors could easily and affordably move tons of
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What kind of car is the 2022 Subaru Crosstrek? What does it compare to? The Crosstrek compact SUV seats up to five people. Slotted below the bigger Forester, the hatch-on-stilts rivals vehicles like the Kia Seltos and Jeep Renegade.  Is the 2022 Subaru Crosstrek a good car? Review continues below It puts standard all-wheel drive
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Industry leaders gathered Monday evening in Detroit to celebrate the 2021 Automotive News All-Stars. The ceremony honored those chosen by the Automotive News staff for their accomplishments during what has been a historically challenging year, which has seen a global semiconductor shortage, the ongoing COVID-19 pandemic and the busiest period for dealership buy-sell activity in
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More than 250 school districts across the U.S. have made commitments to at least test electric school buses, and many of them already have e-buses in use. In November, New Mexico announced it would invest more than $11 million in EV infrastructure and education programs, including about 20 charging stations for electric city buses. Two
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MILAN — Stellantis plans to generate around 4 billion euros ($4.5 billion) in additional annual revenues by 2026 and around 20 billion euros ($23 billion) by 2030 from software-enabled product offerings and subscriptions. Presenting its long-term software strategy on Tuesday, the automaker said it expected to have 34 million connected vehicles on the streets by
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