Month: February 2023

Hyundai will offer monthlong subscriptions to its popular electric vehicles as part of a program called Evolve+. Evolve+ will cost subscribers $699 per month for the Kona Electric or $899 for the Ioniq 5. Both electric compact crossovers helped the Korean automaker capture early market share in the still-developing EV market. Hyundai hopes this program
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In this article GFS GM Follow your favorite stocksCREATE FREE ACCOUNT The global chip shortage will continue, and consumers will have to pay for it, an analyst from the International Data Corporation said. Sasirin Pamai | Istock | Getty Images General Motors has signed a long-term agreement with GlobalFoundries to establish exclusive production capacity of
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BorgWarner has appointed Hau Thai-Tang, who retired last year after a long career at Ford Motor Co., to its board of directors. Thai-Tang held top roles in Ford’s product development and purchasing departments in his 34 years at the automaker. BorgWarner, in a Wednesday news release, praised Thai-Tang for developing “an industry leading product portfolio
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In this article 7203.T-JP Follow your favorite stocksCREATE FREE ACCOUNT 2024 Toyota Grand Highlander Toyota CHICAGO — Toyota Motor is expanding its segment-leading, three-row crossover lineup with the new 2024 Grand Highlander, including two gas-powered hybrid offerings. The automaker revealed the vehicle as a bigger sibling to the Toyota Highlander midsize SUV/crossover on Wednesday night.
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Volvo Cars has chosen Swiss supplier Bühler to help it transition its biggest, oldest car plant toward a Tesla-utilized technique known as megacasting. Volvo has purchased two of Bühler’s largest die-casting solutions to produce structural castings for next-generation EVs that will be made in Torslanda, Sweden. When asked which other companies bid on the contract
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8:21 AM ET FIA president Mohammed Ben Sulayem, head of motorsport’s governing body, has stepped back from overseeing Formula One in a day-to-day capacity. Ben Sulayem was elected on a manifesto which included the restructure of race control and the FIA’s F1 operation as a whole. FIA single-seater boss Nikolas Tombazis will take over that
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Minnesota’s new-vehicle emissions standards that follow California regulations were upheld by the state’s court of appeals last week after the Minnesota Automobile Dealers Association filed a lawsuit last year over its concerns. The Clean Car Rule sets state vehicle emission standards in line with California Air Resources Board rules, requiring a greater percentage of vehicles
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