In this article GM General Motors Chairwoman and Chief Executive Officer Mary Barra speaks during a meeting hosted by U.S. President Joe Biden with private sector CEOs to discuss the Build Back Better agenda at the White House in Washington, U.S., January 26, 2022. Kevin Lamarque | Reuters DETROIT – General Motors will begin tying
Month: April 2022
Cadillac is preparing a mild update for the Escalade, judging by a camouflaged prototype spotted in the wild. The current generation of the full-size, body-on-frame luxury SUV arrived for the 2021 model year and will receive a new Escalade-V performance option for 2023. The Escalade-V’s exterior has been shown and a full reveal is slated
NIO announced that on April 26, the 200,000th electric car rolled off the production line at the JAC-NIO Advanced Manufacturing Centre in Hefei, China. The jubilee vehicle happens to be the recently introduced NIO ET7 flagship, which noted its first deliveries in March (163 units). It’s a significant milestone for NIO, especially since it took
Skoda has resumed production of the Enyaq full-electric SUV after several weeks of interruption due a shortages of wiring harnesses from Ukraine. Initially, around 1,000 vehicles a week will roll off the lines, but capacity will gradually increase, Skoda said in a statement on Tuesday. Depending on parts availability, Enyaq production will be increased to
The North American International Auto Show will return to Detroit with a focus on electric vehicles and emerging technology as well as activations including street course ride-alongs on the Grand Prix’s future downtown circuit. There will also be five active tracks inside Huntington Place, whose main show floor is sold out for the reimagined auto
12:28 PM ET As Lewis Hamilton crossed the line in 13th place at the Emilia Romagna Grand Prix, Mercedes team principal Toto Wolff issued an apology to his driver over the pit-to-car radio. “Lewis, sorry for what you have needed to drive today,” Wolff said. “This is undriveable and not what we deserve to score
Ford boss Jim Farley has a lot riding on this moment. On Tuesday, the Detroit carmaker celebrates the formal start to production of the electric version of the F-150 pickup, the best-selling vehicle in America for decades. It’s a milestone seen as critical for Ford – and for the environment – as the company seeks
Electric-vehicle maker Fisker Inc. hopes Canadian supply giant and contract assembler Magna International Inc. can boost production at its plant in Austria to 150,000 vehicles from 2024 as reservations for the automaker’s first vehicle surge. The EV startup says it has taken more than 40,000 reservations for the Ocean SUV, which starts at $37,499 in the
In this article GM F The General Motors world headquarters office is seen at Detroit’s Renaissance Center. Paul Hennessy | LightRocket | Getty Images DETROIT — There’s growing concern among Wall Street analysts that higher costs and supply chain disruptions will put pressure on 2022 earnings for General Motors and Ford Motor — even more
The 13th episode of Engine Masters, presented by AMSOIL, is an unlucky one for a poor little 305ci Chevy small-block. It was the victim of our test of how much nitrous oxide power boost can be tolerated by a completely stock short-block with the original cast crank, rods, and pistons. Yeah, it ends badly, but
By Maria Merano Posted on April 26, 2022 According to Kelley Blue Book’s (KKB) data, Tesla dominated the United States electric vehicle market in the first quarter. Tesla vehicle sales accounted for 75% of all EVs sold between January and March 2022. Tesla’s Model 3 and Model Y vehicles made up 68% of US EV market sales
NEW YORK — Elon Musk clinched a deal to buy Twitter for $44 billion cash on Monday in a transaction that will shift control of the social media platform populated by millions of users and global leaders to the world’s richest person. It is a seminal moment for the 16-year-old company that emerged as one
NEW YORK — I showed up at the Auto Forum here, held in the $1.5 billion — with a B — expansion of the Jacob K. Javits Convention Center, and was confronted by a friend: “Are you going to write another death of auto shows column?” I said I would have to see what I
6:27 AM ET IMOLA, Italy — Red Bull boss Christian Horner labelled the team’s one-two finish at the Emilia Romagna Grand Prix one of its best ever performances in Formula One. Red Bull arrived in Imola with a string of reliability issues at recent races which had looked like a serious early threat to its
WASHINGTON — Toyota Motor Corp. is once again being targeted by a political action committee after resuming donations to certain federal lawmakers. In a statement Monday, Toyota said it has resumed contributions to some members of Congress after a six-month pause and “extensive discussions with internal and external stakeholders.” “We will not support those who,
Volvo Cars’ venture capital arm has invested in battery technology startup StoreDot, betting the company’s fast charging tech could be a game-changer as the automaker rolls out new electric vehicles. “We believe StoreDot has very interesting battery technology,” said Alexander Petrofski, head of the Volvo Cars Tech Fund. “They specialize in anode material, improving charging
In this article TSLA TWTR Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Tesla and SpaceX CEO Elon Musk, the world’s wealthiest person on paper, is buying Twitter, the social media platform he has relied on for years to promote his
It’s been the stuff of Internet forum chatter for years, and even President Joe Biden has dropped a hint or two, but GM President Mark Reuss on Monday finally confirmed that an electric Chevrolet Corvette is coming. Reuss made the confirmation to CNBC’s Phil LeBeau during a segment of “Squawk Box,” though he didn’t provide
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