Tesla has entered a new era: one in which Elon Musk keeps a different set of car executives up at night, while others rest a little easier. In the decade since the Model S launched, Tesla has been taking customers largely from luxury players led by BMW and Mercedes-Benz. While Musk had ambitions to take
Month: April 2023
5:15 AM ET Associated Press A German publisher has sacked one of its magazine’s editors and apologized to the family of Michael Schumacher for publishing a fake interview with the Formula One great that was generated by artificial intelligence. Tabloid magazine Die Aktuelle ran a front cover spread promising an exclusive interview with Schumacher, who
WRC Spectators Fight In The Middle Of The Road, Seconds Before Rallycar Flies By | Carscoops This could have become one of the worst WRC accidents in modern history but thankfully no one was injured by Thanos Pappas 3 hours ago by Thanos Pappas A very dangerous incident took place in Rally Croatia on Sunday,
More than half of new vehicles on the road could be electric within the next decade, but developing broad and reliable public charging infrastructure is like linking pieces of a broken puzzle. It’s a disjointed process that needs to be streamlined for drivers to be confident in finding a place to power up. Charging network
OWOSSO, Mich. — The public charging infrastructure required to alleviate the consumer range anxiety that’s hindering adoption of electric vehicles doesn’t yet exist in many communities. That’s why General Motors dealer Tony Young was among the first in the nation to install public chargers as part of a program the automaker launched late last year.
Employees of the Tesla Gigafactory Berlin Brandenburg work on the final inspection of the finished Model Y electric vehicles. The Tesla plant was opened and put into operation on March 22, 2022. Patrick Pleuil | Picture Alliance | Getty Images Tesla is scheduled to report first-quarter earnings for 2023 after the close of trading on Wednesday.
The tank-like 2009 Howe & Howe Ripsaw tracked vehicle featured in “The Fate of the Furious” is headed to auction. It’s scheduled to cross the block at Mecum’s Indianapolis auction on May 20. Even in a movie that included a stampeded of remote-controlled cars, a Soviet submarine, and the silver-screen debut of the 2018 Dodge
Volkswagen Group has released more details about its planned battery cell gigafactory in Canada, which will be the company’s largest to date in the world and the country’s largest manufacturing plant. Set to be located in St. Thomas, Ontario and operated by the automaker’s PowerCo SE battery subsidiary, the battery plant will have an annual
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DETROIT — Tesla’s decision to cut prices to drive up sales volume reflects the pressure it faces from competition and an aging product lineup, Ford CEO Jim Farley said. Farley said Tesla‘s price cuts underscore intense competition in the two-row crossover or SUV segment of the auto market, where Tesla’s best-selling Model Y faces a
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Used-car retailer CarMax this year started showing consumers the level of financing they qualify for before they start their online car shopping. The new feature means shoppers using carmax.com and CarMax’s app will know within minutes their specific payment terms and annual percentage rate for used cars in the company’s national inventory. This gives them
In this week’s pages, we explore America’s charging challenge. Constructing public charging infrastructure for what will be hundreds of millions of electric vehicles is a time-consuming, complicated process that requires coordination and investment across sectors. Many players, including automakers, charging companies, retailers, utility companies and other stakeholders, are coming together to develop a convenient, reliable
Halfpoint Images | Moment | Getty Images Sales of electric cars are poised for a boom, spurred by factors such as federal policy, technological advances and environmental concerns. To that point, 41% of Americans are at least somewhat likely to buy an electric vehicle as their next car, according to a recent poll from the
By Simon Alvarez Posted on April 22, 2023 Driverless cars are pretty much inevitable at this point, but in the process of their technologies becoming mainstream, incidents involving law enforcement are bound to occur. One such incident was captured on video, where it generated nearly 14 million views on popular social media platform TikTok. The
Mercedes-Benz posted better-than-expected preliminary earnings in the first quarter as the automaker’s push further upmarket helped it overcome higher raw-material costs. Mercedes delivered an adjusted return on sales of 14.8 percent on healthy net pricing and robust demand for its vans and luxury cars, the automaker said in a statement on Thursday. First-quarter group earnings
Chinese Internet users berated BMW last week, accusing it of discrimination at the Shanghai auto show amid claims workers at its Mini booth favored foreign over domestic visitors during an ice cream giveaway promotion. Mini apologized for the incident, saying on social media that it was caused by poor internal management and that it would
8:27 PM ET Associated Press TALLADEGA, Ala. — Jeb Burton won his second career Xfinity Series race at Talladega Superspeedway in a Saturday crash-fest that had two red-flag stoppages and took more than three hours to complete. Burton won in double overtime driving for Jordan Anderson Racing, which scored its first career victory when Burton
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