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Month: May 2023
Carvana Co., under pressure from investors in advance of its earnings report on Thursday, indicated that its first-quarter loss on an adjusted basis will be less than it was a year earlier as used-vehicle sales are also expected to decline. The online used-vehicle retailer has been working to scale back growth endeavors, trim costs and
ANAHEIM, Calif. — Daimler Truck North America revealed a Freightliner medium-duty electric truck at the ACT Expo on Tuesday. Orders for the eM2 will begin immediately, and Daimler said production will begin in fourth quarter at its Portland, Ore., manufacturing plant. “For drivers who have already experienced this truck, they love it,” said Katie Rabideau,
Attendees view vehicles at the Jeep booth during opening day of the 2023 New York International Auto Show (NYIAS) in New York, on Wednesday, April 7, 2023. Stephanie Keith | Bloomberg | Getty Images Carmaker Stellantis on Wednesday posted a 14% annual rise in first-quarter net revenues as an easing of semiconductor supply chain pressures
The Tesla Model 3 Long Range AWD variant has returned to the carmaker’s US online configurator after a pause of almost nine months. When the configuration was removed from the website last year, Tesla CEO Elon Musk said the waitlist for the vehicle was too long. Now, however, the Model 3 Long Range AWD is
Ford has announced some changes to the 2023 Mustang Mach-E ahead of the reopening of order books for the electric crossover scheduled for Wednesday. Key among them is reduced pricing across the range, the second time Ford has done so this year, although both rounds of price cuts follow steep increases last year with the
#motortrend #texasmetal #trucks What was already one of Ekstensive’s biggest ground-up builds ever goes even bigger on the ’52 tow truck, as Bill and his team fabricate a custom hot rod wrecker truck unlike any other.
Germany’s Lilium will raise up to $250 million, including from its largest shareholder Tencent Holdings, to fund the development of its eVTOL (electric vertical take-off and landing) jet. Lilium’s U.S.-listed shares surged 43 percent in premarket trading after the air taxi developer said the funds will enable it to cover “most of the estimated capital”
Lucid’s Air sedan has been showered with awards for its 500-mile range and sports-car performance, but orders aren’t meeting expectations. Lucid is now going on a 42-city pop-up tour to find new buyers. CEO Peter Rawlinson said the electric vehicle isn’t the issue. “We’ve got the best car in the world and not enough people
Rivian R1T Owner Says Fender Bender Repair Bill Totaled Over $42,000 | Carscoops What looks like a pretty small ding on the Rivian R1T evidently ended up costing more than Chevy asks for an entire Chevy Colorado Trail Boss by Stephen Rivers May 2, 2023 at 19:05 by Stephen Rivers While the challenges of living
ANAHEIM, Calif. — Leveraging its experience offering fuel cell passenger vehicles, Hyundai Motor Co. plans to offer a hydrogen-powered heavy-duty truck in the U.S. this year. Hyundai unveiled the production version of its Xcient Fuel Cell Class 8 truck on Tuesday at the ACT Expo just a block from Disneyland in California. “Our hydrogen fuel
ANAHEIM, Calif. — Toyota Motor North America announced an agreement to put its fuel cell powertrain into Kenworth and Peterbilt big rigs. The automaker and Paccar, owner of the truck brands, announced the deal Tuesday at the ACT Expo clean transportation conference here. Toyota has leveraged the fuel cell technology it developed for the small-volume
Club holding Ford (F) on Tuesday showed investors it had righted the ship in the first quarter following a dismal end of 2022, easing our concerns that the legacy automaker had lost its way. Automotive revenue for the three months ended March 31 increased about 21% year-over-year, to $39.09 billion, topping analysts’ forecasts of $32.08
By Richard Angle Posted on May 1, 2023 While SpaceX is clearly good at delivering satellites to orbit quickly and efficiently, they almost always put on a beautiful show for the locals and thousands of viewers watching online, and this launch was no different. Launching at 8:26 PM ET, the Falcon Heavy lifted off under
Review: The 2024 Chevrolet Trax Sets A New Low Bar But In A Good Way | Carscoops Starting under $22,000, Chevy’s entry-level model may have less power than before, but it costs less and boasts an attractive design and improved interior by Stephen Rivers May 2, 2023 at 09:00 by Stephen Rivers Chevrolet’s all-new 2024
PARIS — French auto sales jumped by 22 percent in April, as the market continued to rebound from component shortages, trade group PFA said. Big gains were reported at Cupra, Dacia, Renault and Seat. For the year, the market is up 17 percent. Sales have risen every month since September 2022, compared with the same
9:04 AM ET It has been 5,799 days and counting since an American driver with a full-time Formula One seat contested a U.S. Grand Prix. Scott Speed finished 13th at Indianapolis in 2007 for what was then known as Scuderia Toro Rosso, and it would be the last time he would see the checkered flag
Dust Storm Causes Massive Pileup In Illinois, Over 60 Vehicles Involved | Carscoops Preliminary information from the Illinois State Police says dust from farm fields caused zero visibility conditions by Michael Gauthier 14 hours ago by Michael Gauthier A dust storm caused an apocalyptic scene on I-55 in Illinois as dozens of vehicles were involved