BERLIN — Tesla topped registrations of full-electric vehicles in Germany in the first nine months of this year at nearly 38,458, data from the federal motor transport authority showed. Tesla beat VW brand by about 6,000 vehicles. Tesla’s EV registrations jumped nearly 50 percent from the January-September period last year, while VW’s dropped 40 percent
Month: October 2022
Passport Automotive Group agreed to pay $3.38 million to settle a Federal Trade Commission lawsuit filed against the dealership group for charging illegal fees and discriminating against Black and Latino customers. The Maryland group, along with its president Everett Hellmuth and vice president Jay Klein, together will pay this fine to refund the customers affected
In this article 2317-TW TSLA Follow your favorite stocksCREATE FREE ACCOUNT Young Liu, chairman of Foxconn Technology Group, speaks in front of a Model C electric vehicle during an event in Taipei, Taiwan, on Tuesday, Oct. 18, 2022. Liu said he hopes one day that Foxconn can make cars for Tesla. I-Hwa Cheng | Bloomberg
In its pursuit to build a 911 for every niche, Porsche on Tuesday unveiled a version that’s gone on a diet. That car is the 2023 Porsche Carrera 911 T, which will cost $118,050 (including destination) when it arrives at U.S. dealers next spring. Porsche enthusiasts will note the 911 T returned in 2018 after
With soaring inflation, record high transaction prices, and a summer of $5 per gallon gasoline, affordable and fuel efficient sedans have never looked better. Unfortunately, it’s slim pickings as the carpocalypse continues to claim victims with some of the latest being the Chevrolet Spark, Hyundai Accent, Honda Insight, and Nissan Maxima. However, Toyota is committed
Intel’s Mobileye said on Tuesday it was targeting a valuation of nearly $16 billion in its initial public offering, less than a third of what it had previously expected, as volatility in stock markets and rising interest rates dampen the appetite for new listings. The self-driving unit of Intel said in a regulatory filing it
Approximately 73 vehicles were destroyed by a fire at a farm in Temple, Texas over the weekend. The blaze started in a parking area at the Robinson Family Farm at approximately 1:00 p.m. on Saturday afternoon. The farm’s annual Fall Festival was being held at the time and attracted hundreds of people, many of which
A plane crashed into a Buick–GMC dealership in southeast Ohio early Tuesday, police said. The 1974 Beechcraft King Air E90 crashed into Pioneer Buick-GMC’s parking lot in Marietta, Ohio, around 7:15 a.m. local time, a press release from the Ohio State Highway Patrol said. The pilot and a second occupant were killed in the crash.
Intel’s Mobileye said on Tuesday it was targeting a valuation of nearly $16 billion in its initial public offering, less than a third of what it had previously expected, as volatility in stock markets and rising interest rates dampen the appetite for new listings. The self-driving unit of Intel said in a regulatory filing it
Tesla (TSLA) is about to release Q3 2022 financial results on Wednesday, October 19, after the markets close. As usual, a conference call and Q&A with Tesla’s management are scheduled after the results. Here we’ll take a look at what both the street and retail investors are expecting for the quarterly results. Tesla Q3 2022
Kodiak Robotics truck in front of an IKEA store. Source: Kodiak Robotics Self-driving truck startup Kodiak Robotics said that it has begun a pilot program with IKEA in Texas. A semitruck equipped with Kodiak’s autonomous driving system is making daily delivery runs from an IKEA warehouse near Houston to a store close to Dallas, roughly
This 1915 Packard represented the Pebble Beach Preservation class well this year. It’s straight 6 engine ran the early days as an original Indianapolis Speedway Pacecar and was built by the great automotive innovator Carl Fisher. Carl’s legacy of opening the first car dealership as well as founding the Indy Speedway live on through the
Behold the most advanced, most luxurious and one of the most important vehicles Cadillac has ever made, the 2024 Celestiq. Serving as the flagship for the brand’s electric future, the hand-crafted, ultra-luxury flagship will help Cadillac reestablish itself as the Standard of the World, the automaker claims. Starting off with the design, the 2024 Celestiq production model
PARIS — Renault Group CEO Luca de Meo does not see price parity between electric cars and combustion engine models coming anytime soon. “I do not see this parity getting close,” he told reporters on the sideline of the Paris auto show. De Meo said that eight years ago the industry was expecting the cost
The Dodge Charger Daytona SRT concept is an electrifying preview of things to come, but customers can already snag an electric Challenger SRT Hellcat if they’re willing to make a few tradeoffs. Key among them is a top speed of 2.8 mph (4.5 km/h), which is conveniently the same figure as road-going models in Security
DETROIT — The Cadillac Celestiq, a sleek, futuristic-looking five-door electric sedan coming in just over a year, represents more than just a new ultraluxury offering from General Motors. The Celestiq is the start of a new way of doing business for the luxury brand that harks back to an old rivalry — Cadillac vs. Rolls-Royce.
2024 Cadillac Celestiq Cadillac DETROIT – Cadillac is testing the limits of its brand allure and pricing power with the 2024 Celestiq – a large, bespoke electric car that will start at more than $300,000. The vehicle – unveiled Monday night – launches the General Motors brand into the ultra-luxury segment against the likes of
Hyundai has issued a recall on certain vehicles equipped with the automaker’s 8-speed dual-clutch automatic transmission. An issue with the transmission can cause the vehicle to enter a fail-safe mode, after which power is reduced for about 30 seconds and then completely shuts down, which could lead to a crash. Drivers may notice warning lights
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