German automakers lost about 150,000 vehicles from their March production plans because of supply shortages stemming from the war in Ukraine, according to an LMC Automotive estimate. The German operations of Volkswagen, Mercedes-Benz and BMW have been among the manufacturers most heavily impacted by the war, which has sent shock waves through the European supply
Month: April 2022
Tesla Inc. delivered a record 310,048 cars worldwide in what Elon Musk said was an “exceptionally difficult” first quarter, as a growing tide of consumers made the switch to EVs. The results, posted Saturday, slightly edged out expectations. Analysts had expected that 309,158 vehicles would be shipped, based on the average of estimates compiled by
The electric powertrain has transformed how vehicles operate and look. Not just because of changing style, but because new technologies are triggering new looks and ideas. Automakers are rethinking electric vehicle design to account for the new propulsion systems and other component changes. For instance, with no bulky transmission running down the wheelbase, the vehicle
Customers experience new energy electric vehicles at a Tesla store in Shanghai, China, On December 4, 2021. Future Publishing | Future Publishing | Getty Images Tesla just reported first-quarter vehicle production and delivery numbers for 2022. Here’s how they did. Electric vehicle deliveries (total): 310,048 Electric vehicle production (total): 305,407 Over the same period last year, Tesla
A Lotus SUV has been talked about for years, and now one is finally here. It’s called the Eletre, and it’s a mid-size electric SUV with performance that will put some supercars to shame. 2023 Toyota GR Corolla Another vehicle that’s been in the rumors for years is a U.S.-bound hot hatch from Toyota. It
Four Seasons Hotels and Resorts, one of the world’s leading luxury hospitality companies, has unveiled a partnership with Canossa Events, a Motorsport Network company, to bring to market Beyond by Four Seasons, An Exclusive Driving Journey Through Tuscany. A week-long curated driving experience, it is designed to showcase the best of the Italian countryside by
Skoda will reveal a new design language called Modern Solid as part of a new positioning that executives say will be the brand’s biggest strategy shift since the Czech automaker became part of Volkswagen Group more than 20 years ago. Skoda sales and marketing chief Martin Jahn said the brand is redefining its positioning and
What kind of vehicle is the 2022 Jeep Cherokee? What does it compare to? The Jeep Cherokee is a five-seat compact crossover easily overshadowed in Jeep’s supersized SUV lineup, which now features the 2022 Wagoneer and Grand Wagoneer full-size SUVs, as well as a three-row variant of the Grand Cherokee SUV. The Cherokee tries to
As Nissan gears up to launch a wave of pricey next-generation electric vehicles, the EV pioneer is turning to its dealers to share in some of the financial pain. The Japanese automaker is considering a cut of 2.5 percentage points in dealer margins on the Nissan Ariya, a 300-mile electric crossover set to arrive in
Work done by General Motors and NASA has led to the creation of robotic, grip- strengthening gloves that the space agency says could help both astronauts and assembly-line workers on the job. Ironhand, as the glove is called, was named a NASA commercial invention of the year in 2020 and was the result of years
Filling up at the pump comes with a hefty dose of sticker shock. Russia’s invasion of Ukraine and global supply concerns have sent gas prices to record highs — hitting $6 in some parts of the country. To combat the spike in energy costs, the White House said it will release 1 million barrels of
By Joey Klender Posted on April 1, 2022 Following Joe Biden’s invoking of the Defense Production Act yesterday, nickel expert Trent Mell is commending the President’s decision to surge the domestic production and sourcing of electric vehicle materials. Speculation early in the week indicated President Biden was considering using the Defense Production Act for the
BrightDrop, General Motors‘ electric delivery van business, has changed the names of its two electric vans and its electric delivery cart. The BrightDrop EV600, the larger of the two vans, will be called the BrightDrop Zevo 600, and the EV410 will be dubbed the BrightDrop Zevo 400. “We chose Zevo because it contains ZEV (Zero
Rivian has a few uphill battles ahead of it but one thing it doesn’t need to change is the recipe for the R1T pickup. After an extensive review, Matt Farah and Zack Klapman decided that it’s one of the best in the business. And that comes down to how multifaceted it is in the face
BERLIN — Former Porsche executive Klaus Zellmer will be the next CEO of Skoda, press reports said. Zellmer, who is currently VW brand’s sales chief, will take up the role on July 1, according to the reports. Zellmer became VW brand’s head of sales and marketing in 2020 after a 23-year career at Porsche including
8:47 AM ET Seven-times Formula One world champion Lewis Hamilton spoke about his mental and emotional struggles, saying in a social media post on Thursday that it was “hard some days to stay positive.” The 37-year-old Briton assured fans on Instagram that they were not alone. “It’s been such a tough year already with everything
DETROIT — The UAW in 2021 spent more money on legal fees for fewer officers than it did in 2020, according to an annual financial report filed Thursday with the U.S. Department of Labor. The union disclosed it spent $36,069 on legal fees for President Ray Curry, and $113,016 on legal fees for outgoing Vice
A new recycling industry, with the technology to break down end-of-life lithium ion batteries and prepare the rare metals they contain for reuse, is taking shape to support a sustainable North American electric vehicle supply chain. Recycling is not just an environmental move — it is a cost issue, said Tim Johnston, co-founder and chairman