In this article TSLA “The past two years have been an absolutely nightmare of supply chain disruptions, one thing after another, and we are not out of it yet,” Tesla CEO Elon Musk said. Patrick T. Fallon | Reuters Tesla’s newest car factories in Texas and Berlin are losing “billions of dollars right now” as
Month: June 2022
LONDON – Last-mile transportation provider B-On, led by former BMW board member Stefan Krause, plans to build on its acquisition of electric delivery van maker StreetScooter Engineering. Krause told Automotive News Europe his next aims are to add an electric three-wheel van maker and to develop an “urban mobility” passenger vehicle. Krause, who was BMW’s
After spending a week with the 2022 Hyundai Kona N, we deemed it more than just a hot hatch. We called it a wild child. The performance version of an economy SUV has a frisky character that can go too far to high-strung. It may not be for everyone, but it’s a lot of fun.
6:37 PM ET Associated Press LEBANON, Tenn. — Justin Allgaier routed the field at Nashville Superspeedway on Saturday for his second NASCAR Xfinity Series victory of the season. The JR Motorsports driver led 134 of the 188 laps in his Chevrolet and beat Trevor Bayne by 4.513 seconds on a hot, steamy afternoon in which
In the early morning hours of June 12, a group of criminals smashed into a home, took a set of keys, and then used them to drive off in a Rolls-Royce Dawn. Before they could get too far the car simply stopped and, likely unbeknownst to them, it was the owner of the Dawn in
By William Johnson Posted on June 24, 2022 Sources familiar with Cadillac’s Celestiq say that the new hyper-luxury vehicle will be selling for $300,000 and up. This comes shortly after Cadillac released more teaser images of the vehicle’s interior. According to the Wall Street Journal, a source familiar with the Cadillac Celestiq project has stated
Thieves made off with 13 F-150 Raptors and six Mustangs from Ford Motor Co. assembly plants in the Detroit area this month. A majority of the vehicles were later found damaged. The Raptors — a wider, more off-road-oriented version of Ford’s top-selling F-Series pickup — were worth a total of almost $1 million, The Detroit
Toyota Motor Corp has cut its stake in Uber Technologies Inc by about half, after the ride-hailing company divested the autonomous driving unit at the center of their collaboration. “The development of vehicles related to automated driving was one of the main objectives of Toyota’s investment,” Toyota spokesperson Shiori Hashimoto said in a statement, adding
The recent run-up in gasoline prices is now being felt nearly across the board. The national average for a gallon of gas is currently $4.94 after topping $5 per gallon for the first time ever earlier this month, according to AAA. Last year at this time, the price was $3.07 per gallon. The increase has put a severe
The BMW i4 and Kia EV6 GT-Line AWD are not the most traditional of rivals. After all, it would have been inconceivable just five years ago that a Kia would be rivaling BMW with a compelling new electric vehicle that is cheaper but loaded with just as many features. Well, apparently things have changed. A
Watch the full episode on MotorTrend: https://bit.ly/2sVrlfl On this episode of Roadkill’s Junkyard Gold, Steve Magnante is at Desert Valley Auto Parts’s hidden Casa Grande, Arizona lot discovering rust free, but dusty sheet metal.Follow along as Steve uncovers Chevy’s first all-coil-spring suspension passenger car, a 1958 Del Ray. But, unlike its upscale Bel Air and
FRANKFURT — Mercedes-Benz denied a German media report that it was weighing a sale of its vans business as the automaker plans to put more strategic weight on high-end vehicles. The weekly Manager Magazin on Thursday said a possible sale of the vans business – previously seen as unlikely – was being discussed as a
10:29 PM ET Associated Press NORWALK, Ohio — Top Fuel points leader Brittany Force broke both ends of the Summit Racing Equipment Motorsports Park track record Friday night to open qualifying for the Summit Racing Equipment NHRA Nationals. In the final pair of the second session, Force had a 3.666-second run at 333.08 mph, the
We’ve seen all sorts of weird stunts involving people leaving their cars while they’re still moving, but few are as curious as this one showing a woman abandoning her Hyundai Sonata in the middle of the road to drift off into traffic. The video of the incident begins with the woman stopping her car in
Genesis is pushing back the launch of the Electrified G80 sedan after a planned spring showroom debut. The automaker didn’t disclose the reason but said more details about pricing and the on-sale date will not be available until late summer or early fall. As recently as Wednesday, June 22, Genesis’ website said the electric sedan
As Volkswagen begins U.S. production of the ID4 compact crossover, two experienced, high-profile executives who helped guide the rollout of the brand’s electric vehicle transition on the continent have departed the automaker for high-tech startups. Matt Renna, 36, previously VW Group of America’s vice president for e-mobility — and a 2020 Automotive News Rising Star
When it comes to fun and wacky electric vehicles, the undisputed titans of the industry are those wild EV engineers that must surely be keeping Alibaba in business. Despite a global supply chain crunch, there’s no shortage of fun and fascinating options in the endlessly scrolling EV pages on the site. This week’s entry in
Swedish EV startup Polestar will supply up to 65,000 vehicles to Hertz over five years, the two companies announced on April 4, 2022. Shares of Polestar are set to debut under the ticker “PSNY” on Friday, making it the latest electric vehicle maker to go public via a merger with a special purpose acquisition company,
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