DETROIT — Traditionally, automakers didn’t install anything on a vehicle that they couldn’t charge for. While it might simplify manufacturing somewhat to build each vehicle with the same set of parts, it costs money to install buttons, switches, knobs, sensors, computers and wiring for optional or nonfunctioning equipment. When you build hundreds of thousands of
Month: March 2023
DETROIT — Consumers hoping for a deal this spring on a used car or truck might be out of luck, as wholesale used vehicle prices increased for a third consecutive month in February. Cox Automotive on Tuesday reported wholesale used vehicle prices increased 4.3% in February from January — marking the largest increase between the
The high-performance GT sits at the top of the Kia EV6 line in 2023, boasting a significant power bump over its sister models and costing just a few thousand dollars more than the other cars in the lineup. On paper, at least, the EV6 GT has it all – groundbreaking EV tech, great styling, a
By Joey Klender Posted on March 6, 2023 Tesla is aiming to start construction on its new factory in Mexico later this month as it is already awaiting final permits and could start building its first vehicles at the plant as soon as early 2024, officials said. Tesla is already awaiting approval of the project
Jaguar and Land Rover dealers in Europe are threatening to take the automaker to court over the automaker’s new contracts that dealers says substantially reduce their margins. Dealers are angry that the automaker plans to reduce their margins after they have invested millions in their dealerships in recent years at the automaker’s request. JLR’s plunging
Police Bust Thieves Charging Their Tesla Model X Getaway Car | Carscoops Authorities in Georgia recovered stolen games consoles, guns and drugs by Chris Chilton 18 hours ago by Chris Chilton As a getaway car the Tesla Model X has plenty going for it. A six-seat layout means it has enough space for a big
Nissan Motor Co.’s credit rating was slashed to junk by S&P Global Ratings, a blow for an automaker that has struggled to boost profitability in the years following former Chairman Carlos Ghosn’s arrest and the industry’s pivot toward electrification. The automaker’s credit rating was cut by a notch to BB+ by S&P, which said a
Lidar maker Luminar Technologies used its first investor day as an opportunity to position itself as more than a company supplying autonomous driving technology to clients such as Mercedes-Benz, Volvo, Polestar and Daimler Truck Group. At its Orlando, Fla., headquarters last week, Luminar executives explained their rebranded semiconductor business; unveiled a new line of automotive
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A drivers uses a Tesla Supercharging station in Corte Madera, California, US, on Thursday, March 2, 2023. David Paul Morris | Bloomberg | Getty Images Tesla cut prices on its two most expensive models in the U.S., the Model S and Model X, in a
Tesla has taken the machete to prices of its Model S and Model X, just two months after it hacked prices across its lineup. The Model S now starts at $91,380 and the Model X at $101,380, with the Model S price down $5,000 or about %4, and the Model X price down $10,000 or
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. Sponsored by SAE International: Join the global mobility community in Detroit from April 18-20 for WCX, the largest technical mobility event in North America. Register now. New episodes of Quick
Volkswagen Group has raised its electric car sales goal for Europe for its core VW passenger cars brand. The brand’s new target is for at least 80 percent of its sales in Europe to be full-electric models in 2030, said Thomas Ulbrich, who heads VW brand’s New Mobility business. Under VW’s Accelerate electrification strategy unveiled
9:04 AM ET In the hours after Sunday’s Bahrain Grand Prix some of Max Verstappen’s rivals seemed ready to hand him this year’s title with 22 races still to run. The Red Bull driver won the opening race of the season by 11 seconds from his teammate Sergio Perez and by a massive 38 seconds
Honda Pilot Driver Confuses Car With Curb, Lands On Top Of C5 Corvette | Carscoops Luckily, the driver of the Corvette managed to get out though the passenger door without any injuries by Andrew Gutman 3 hours ago by Andrew Gutman They say not to drive a bright red sports car unless you want to
WASHINGTON — The top U.S. auto safety regulator on Monday said it is investigating Zoox Inc.’s self-certification in 2022 that its robotaxi met all applicable federal safety standards. NHTSA said in a filing made public Monday that it will examine the process and technical data that Amazon-owned Zoox relied on when certifying that its robotaxi
The founders of Argo AI, the autonomous vehicle company that was shut down last year, are launching a new self-driving business that could specialize in trucking and ride-hailing, people familiar with the matter told Bloomberg. The venture by Bryan Salesky and Pete Rander will be backed by an investment from a company that approached them
In this article RIDE Follow your favorite stocksCREATE FREE ACCOUNT Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021. Dustin Franz | Bloomberg | Getty Images Lordstown Motors said Monday that it still had more than $220 million in cash at the end of 2022, despite ongoing challenges that halted
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