U.S. President Joe Biden gestures after driving a Hummer EV during a tour at the General Motors ‘Factory ZERO’ electric vehicle assembly plant in Detroit, Michigan, November 17, 2021. Jonathan Ernst | Reuters The U.S. Environmental Protection Agency on Wednesday proposed new tailpipe emissions limits that could require as much as 67% of all new vehicles
Tesla is preparing to launch Powerwall 3, the third generation of its home battery pack, according to information obtained by Electrek. In 2015, when launching its Tesla Energy division, Tesla launched the first generation of the Powerwall, and it quickly became by far the most popular home battery pack in the residential market. Shortly after,
BMW’s XM performance SUV revealed last September to mark 50 years of BMW M has spawned a more powerful range topper. It’s called the XM Label Red, and its hybrid V-8 powertrain pumps out a heady 738 hp—a figure that makes it the most powerful road-going vehicle ever developed by BMW M. It’s also a
On June 13 and 14 in Paris, the annual Automotive News Europe Congress will host a series of top-level presentations, speakers and panel discussions on the theme of Making Sustainability Profitable. Speakers will include experts and executives from Renault, Toyota, Polestar, Ford, Hyundai and more. Join us in Paris to be part of the discussion about
Turo Rented Toyota Supra Suffers $4K Damages After Teacher Attempts Land Speed Record | Carscoops Turo says that the high school teacher violated their prohibited uses by racing the rented Supra and “will follow up for further action” by Stephen Rivers April 11, 2023 at 19:40 by Stephen Rivers A man who rented a 2021
Edward Brown III, a former banking executive who spent the last decade of his career leading Hendrick Automotive Group as CEO, died April 3 at age 74. Brown had non-Hodgkin lymphoma, according to an obituary published by the Charlotte Observer. Brown joined Hendrick Automotive, one of the country’s largest dealership groups, in 2010 as its
The next-generation, two-door hardtop electric Mini Cooper will be shorter and lighter than the current model and built on a dedicated electric vehicle platform. Mini released images previewing the two-door hardtop all-electric Cooper on Tuesday. According to media reports, it will pack 40 kilowatt-hour and 54-kWh batteries. The current 181-hp electric Mini Cooper provides an
Walt Disney (DIS) is facing skepticism from Wall Street over its streaming strategy and softer growth at its parks, while Ford Motor (F) is expanding its electric vehicle production. Here’s the latest news on these two Club holdings — and our take, too. Walt Disney The news: Guggenheim on Tuesday lowered is price target on
Ford has announced a $1.3 billion (1.8 billion Canadian dollars) investment into the Oakville Assembly Complex in Ontario to transform it into a Canadian hub of electric vehicle manufacturing. The plant will build both electric vehicles and batteries in a new campus that will be renamed Oakville Electric Vehicle Complex. Ford says it will repurpose
In Roadkill Garage Episode 26, Freiburger and Dulcich get their hands on a ’40 Ford Fordor. The guys decide to beef it up with some new heads, a new carb and a supercharger. #motortrend #roadkillgarage #ford MotorTrend is the ultimate streaming destination for gearheads coupled with the latest automotive research and news. Get a fast,
ROME — Ferrari will use Samsung Display’s organic light-emitting diode (OLED) display panels in future models. The South Korean company will develop “bespoke OLED technology display solutions” for the next generation of Ferrari cars, the automaker’s CEO Benedetto Vigna said in a statement on Tuesday. No financial details were disclosed. Vigna has previously said that
Capital One has decided to terminate its auto dealer services business offering floorplan lending. “We will be winding down that work this year,” a Capital One spokesperson told Automotive News in a written statement. “This has no impact on the CapitalOne Auto Finance business. Our auto business remains well-positioned to support our dealer partners and
WASHINGTON — The U.S. Energy Department is proposing an update to a decades-old calculation that determines the petroleum-equivalent fuel economy of electric vehicles for NHTSA’s fuel economy standards. The proposed rule-making is in response to a 2021 petition submitted by two environmental groups, the Natural Resources Defense Council and Sierra Club, which argued the calculation
Lamborghini’s quick sellout of its new $600,000 hybrid supercar is proof that wealthy car buyers are still spending, according to the CEO. Lamborghini already has a waiting list and two years worth of orders for the Revuelto, its first ever plug-in hybrid that was launched last month, CEO Stephan Winkelmann told CNBC. The orders come
By William Johnson Posted on April 10, 2023 A bill has been reintroduced in the House of Representatives to incentivize the purchase of an ebike in the United States. Many view electric vehicles as the primary solution to helping ordinary people limit their day-to-day carbon emissions, but others believe more drastic action may be necessary.
Porsche has issued a voluntary recall on its Carrera GT supercar from the mid-2000s due to a suspension defect that was only recently identified. According to the recall notice filed with the NHTSA on April 5, the defect concerns spherical joints used to connect suspension wishbone components that could potentially fail early, something that could
Can The Peugeot 408 Back Up Its Good Looks In The Moose Test? | Carscoops The entry-level Peugeot 408 is powered by a 1.2-liter three-cylinder with just 128 hp by Brad Anderson April 9, 2023 at 05:47 by Brad Anderson The new-age Peugeot 408 is one of the most beautiful crossovers on the market, combining
Man In Stolen Dodge Charger Runs Into Walmart, Pretends To Be Employee To Evade Police | Carscoops The man was found in a back stockroom and reportedly ran from police once identified by Michael Gauthier April 10, 2023 at 18:45 by Michael Gauthier Criminals who lack common sense are a dime a dozen, so it’s