Several workers at Tesla’s Shanghai plant, its biggest manufacturing hub globally by output, said they had been awarded a large increase in their latest quarterly performance bonuses. The workers said they welcomed the award after the EV maker had cut bonuses for many staff in the previous quarter. Discontent at the plant emerged in April
Month: July 2023
Speeding Car Cartwheels Into Tire Dealer Lot Hitting Eight Parked Vehicles | Carscoops The owner of the tire shop says this isn’t the first time that he’s dealt with speeding drivers in front of his shop July 18, 2023 at 21:10 A tire shop owner says that he thought an 18-wheeler was crashing into his
LANSING, Mich. — Chevrolet is loading the next-generation Traverse crossover with its first-ever off-road trim, more standard safety features and larger touchscreens. The 2024 Traverse, scheduled to go on sale early next year, has an updated design and a new engine with more horsepower and torque, General Motors said Monday. The redesigned three-row crossover will
We’re raising our eyebrows at Ford ‘s (F) new price cuts on its popular electric pick-up truck. The move appears to challenge the automaker’s claims that the F-150 Lightning is in high demand. Ford announced Monday it will cut prices on the Lightning between 7% and 17% depending on the model. The base, which was
There’s a new ride in town, and it’s got three wheels. Oh, and it also leans. It’s the X-OTO, and this electric scooter is already zipping around in the US. The three-wheeler uses a patented system to lean the scooter up to 45 degrees, giving the stability of three wheels and the carving operation of
The 1963 Chevrolet Corvette split-window coupe is a rare model built for one year only, but this example is even rarer. Heading to auction at Mecum’s sale in Harrisburg, Pennsylvania, later this month, the car is one of just 199 Corvettes Z06 models produced for 1963. This was the first year for the Z06, which
Almost four years after Elon Musk first unveiled Tesla’s debut pickup, the automaker has built its first Cybertruck at its plant in Austin, Texas. Tesla shared the development Saturday on Musk-owned Twitter, posting a photo of workers in safety vests and helmets obscuring much of the vehicle. When Musk first showed a prototype of the
Red Bull boss Christian Horner said it is clear Daniel Ricciardo’s “golden objective” is to replace Sergio Perez a year-and-a-half from now. Ricciardo has replaced Nyck de Vries at Red Bull’s second team AlphaTauri and will make his F1 comeback at the Hungarian Grand Prix on July 23. Editor’s Picks The Australian driver’s return has
These Robots Can Snatch Your Illegally Parked Car From The Tightest Space | Carscoops Some recovery companies are extracting stranded vehicles with French-made Eastract, a cross between a tow truck and a forklift https://www.carscoops.com/author/chris-chilton-cc/ by Chris Chilton 7 hours ago Moving a car that doesn’t want to be moved can be hard work, especially in
WILMINGTON, Del. — Tesla Inc.‘s directors agreed to settle a shareholder lawsuit challenging their compensation by returning to the company the value of 3.1 million stock options, worth $735 million, according to a Monday filing in a Delaware court. The settlement resolves a 2020 lawsuit by a retirement fund which holds Tesla stock and challenged
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Watch Morgan Stanley Hold Eli Lilly Buy Ford 1. Watch Morgan Stanley Bank stocks climbed higher Tuesday, as Club holding Morgan Stanley (MS) delivered an earnings beat. Equities more broadly
The definition of a supercar has to shift. Hypercars are still insane, and they look the part, but the idea of a supercar doesn’t mean what it used to. Now, a supercar is quiet, has room for your family and friends, and can deliver spine-crunching acceleration while still delivering exceptional range and even a luxurious
The recent price reduction applied by Ford on its all-electric F-150 Lightning pickup raised many comments, including one from Tesla’s CEO Elon Musk. Elon Musk noted that the Ford F-150 Lightning is a “good vehicle,” but “somewhat expensive”. As we understand, in Musk’s opinion, it’s still too expensive, even after the $6,000-$10,000 price reductions (depending on
Renault will reveal the new Scenic E-Tech full-electric compact SUV at the Munich auto show on Sept. 4. The automaker released camouflaged images of the Scenic, which will be its first electric compact SUV, and a sister model to the Megane E-Tech that was launched last year. Renault said camouflaged pre-production cars will be tested
Police End Chase With PIT Maneuver That Sends Ford F-250 Rolling | Carscoops The driver led police on a multi-county chase in a stolen truck before being stopped July 17, 2023 at 21:11 Running from the police is never a good idea but on rare occasions, people get away with it. In those cases, the
Mercedes-AMG will debut its first performance hybrid crossover following this spring’s redesign of the workhorse GLC model. The 2024 Mercedes-AMG GLC 43 compact crossover will arrive at U.S. stores in early 2024. The 2025 Mercedes-AMG GLC 63 S E Performance will follow later in the year. Mercedes delivered 65,531 GLC crossovers in the U.S. last
CNBC’s Jim Cramer on Monday analyzed Ford Motor‘s move to slash prices for its electric F-150 Lightning pickup truck. Cramer said he thinks the price cuts are due at least in part to the novelty of EVs wearing off for many Americans. Ford announced on Monday it would cut prices for all versions of the
By Maria Merano Posted on July 16, 2023 General Motors (GM) incoming President of North America, Rory Harvey, stated that the 2024 Silverado EV received a higher EPA range estimate than previously expected. Chevrolet’s dedicated Silverado EV website stated that the all-electric pickup truck has a GM-estimated range of 400 miles on a single full
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