Audi will decide this year whether it needs to build a production facility in the United States to take full advantage of the electric vehicle tax subsidies contained in the Inflation Reduction Act, the premium brand’s CEO said Thursday. Speaking from Germany during Audi’s annual press conference with global media, CEO Markus Duesmann said the
Electric vehicle owners’ satisfaction with the home charging experience declined last year because of high costs of charging, slow charging speed and limited charging education, J.D. Power said Thursday. More than two-thirds of EV owners use a mounted Level 2 home charger, and their satisfaction with charging declined 12 points last year to 740 on
Dallas-based infrastructure manufacturer Arcosa (NYSE: ACA) said today that it’s received $750 million worth of wind turbine tower orders, so it’s building a new factory where it can make them. The majority of the company’s wind turbine tower orders will support wind energy projects currently under way in the US Southwest, so that’s why it
Porsche is set to significantly increase prices starting in the middle of the year to keep its margins up in light of some major headwinds, Lutz Meschke, Porsche’s head of finance and IT, said in an earnings call on Monday, Autocar has reported. The price increases will also extend to planned electric versions of the
Volkswagen Group is “intensifying” its EV partnership with Ford, VW Group CEO Oliver Blume said. Ford will unveil its first full-electric car based on VW’s MEB platform on March 21. Ford has said it is scaling back its reliance on the MEB in the longer term and will build its next-generation EVs for Europe on
11:59 AM ET Ferrari’s Charles Leclerc will serve a 10-place grid penalty at the Saudi Arabian Grand Prix, the second race of F1’s season. Leclerc retired from third position in the closing stages of the Bahrain Grand Prix due to a problem with his Ferrari’s control electronics. Editor’s Picks 2 Related Ferrari has confirmed Leclerc
17-Year-Old Teen Destroys Parents’ Corvette After Taking It For A Joyride | Carscoops The teenage driver of this C5 Chevy Corvette was issued with a summons after the crash by Brad Anderson 5 hours ago by Brad Anderson Teenagers and powerful sports cars are often a very bad mix and in New Jersey last week,
Lithia Motors Inc., as part of its aggressive dealership acquisition strategy, has succeeded in its bid to enter the United Kingdom with the purchase of Jardine Motors Group, CEO Bryan DeBoer confirmed to Automotive News.DeBoer said the deal, which closed Wednesday, was “more affordable than what we typically find … in the United States,” but
HAMBURG — Volkswagen‘s ID 2all demonstrates how the brand has rethought its vision for an affordable small battery-electric car The concept, which was unveiled here on Wednesday, drops the retro look of the ID Life unveiled in 2021 for a more traditional design in keeping with the rest of VW brand’s passenger models. VW aims
#shorts #texasmetal #motortrend Long time collaborators with Bill Carlton, 1 Way Diesel Performance builds a 1979 Little Red Express from a Cummins diesel on out with compound turbos. Down the block from Ekstensive, the father son team at Wide Open Garage builds a Samurai lake crosser from the ground up.
Volkswagen’s long-awaited affordable electric car is finally here – albeit in concept form – and it’s completely different from the ID. Life that debuted in September 2021. It’s called the ID. 2all and it offers a first glimpse of Volkswagen’s future EV that will arrive in 2025 in Europe with a base price under $26,400 (€25,000). Looking
After doubling full-electric sales in 2022, BMW Group is planning a major EV product offensive in the next five years, including the launch of six new models on the coming Neue Klasse (New Class) platform. BMW says that it expects to sell 400,000 all-electric models in 2023, or about 15 percent of total sales, up from
9:02 AM ET Ferrari returns to prototype racing for the first time in 50 years when it joins the World Endurance Championship in Sebring. Alessio Morgese/NurPhoto via Getty Images “It’s about time!” Mario Andretti exclaimed. The legend among motor racing’s living legends knows of which he speaks. A full 50 years after the factory from Maranello
Indiana Police Arrest 40, Recover Over 80 Stolen Cars From Dangerous ‘Spinning Events’ | Carscoops Illegal car meets in Indiana are targeted by the authorities in order to prevent accidents and property damage by Thanos Pappas 21 hours ago by Thanos Pappas Gatherings of car enthusiasts are usually fun, but sometimes they lead to dangerous
Bisbee Importing and Metro Auto Importer, both in Michigan, have had their registered importer status revoked by NHTSA. Investigations revealed “serious and systemic violations of federal safety requirements,” NHTSA, the nation’s top auto safety regulator, said in a statement Tuesday. The companies will no longer be able to legally import vehicles into the U.S. Registered
Shares of Uber Technologies and Lyft Inc. rose on Tuesday after a California court ruled that drivers can be treated as independent contractors rather than employees, removing some future regulatory risks for the rideshare companies. Analysts expect the decision will likely be challenged before the California Supreme Court, which could take months to decide whether
Spencer Platt | Getty Images News | Getty Images German automaker BMW on Wednesday set out targets to slightly increase margins for its automotive segment and raise deliveries this year, as it pushes ahead with the rollout of its electric fleet. The company said it expects an EBIT (earnings before interest and taxes) margin of
By Joey Klender Posted on March 14, 2023 Tesla Autopilot had stones cast in its direction by Pete Buttigieg, the U.S. Secretary of Transportation, who said the naming of the driver assistance suite didn’t align with “common sense.” In an interview with Bloomberg on Tuesday, Buttigieg said Autopilot shouldn’t be called what it is because it still