TOKYO – Rebounding Mitsubishi Motors will pour more than $10 billion into electrified vehicles and battery production through 2030 as it expands its battery-powered lineup in advanced markets such as North America, partly by leaning on help from Nissan and Renault. CEO Takao Kato unveiled the push Friday while announcing a new mid-term plan. The
A consortium of some of the world’s biggest automakers is investing in a holographic head-up display technology startup. Hyundai Mobis, the parts and service affiilate of South Korean automaker Hyundai Motor Co., led a $50 million series C funding round valuing the United Kingdom’s Envisics at $500 million. Envisics develops augmented reality head-up displays or
gilaxia If you’re in the market for a new car, be prepared for the possibility of paying more than sticker price. The average new-car price in February was $45,296, compared with an MSRP of $41,637, according to the iSeeCars report. An estimated 31% of new vehicles were sold above MSRP last month, according to a
Mercedes-Benz’s top-selling GLC-Class nameplate undergoes a redesign for 2023, and the newcomer will carry a $48,250 starting price when it lands at dealerships in the spring. The compact SUV has managed more than 50,000 sales annually in the U.S. for the past five years, and the redesigned version should continue that trend thanks to a
The very first deployment of Siemens Gamesa’s 108-meter-long (354-feet-long) B108 recycled blades is headed to RWE’s 1.4 gigawatt (GW) Sofia offshore wind farm at Dogger Bank, off the UK’s east coast. In 2022, global renewable energy giant RWE became the first commercial, large-scale offshore developer to install Siemens Gamesa’s recycled blade technology RecyclableBlade, at its
BRUSSELS — The Czech Republic has convened a meeting of transport ministers from 12 European Union countries that are seeking to challenge a proposed law to cut vehicle emissions. The meeting will also discuss a separate row over the bloc’s 2035 deadline to effectively ban internal combustion engine cars Apart from the Czech Republic, those
9:02 AM ET Chase Elliott broke his leg snowboarding last week, keeping him out of Sunday’s Pennzoil 400 in Las Vegas. Sean Gardner/Getty Images People are going to be people. Racers are going to be racers. Chase Elliott? He was doing nothing more than being Chase Elliott. That’s how the 2020 NASCAR Cup Series champ broke
Drifting Mustang Crashes Into Challenger And Flees, Dodge Owner Gives Chase | Carscoops It is unclear if the Ford Mustang owner escaped the pursuing Dodge Challenger by Brad Anderson 2 hours ago by Brad Anderson If you’re an automotive enthusiast, you should know that getting close to a Ford Mustang at a car event or
Premier Automotive of New Orleans entered two states in separate first-quarter transactions that combined added four stores to the auto retailer’s portfolio. Premier on Feb. 22 purchased Freedom Ford of Claypool Hill in Pounding Mill, Freedom Ford of Wise and Freedom Chevrolet of Big Stone Gap, all in Virginia. The names remain the same for
Two analytics companies are joining forces to try to provide a real-time look into electric vehicle battery behavior and increase production speed. The partnership announced Thursday is between PDF Solutions and Voltaiq. PDF Solutions is based in Santa Clara, Calif., and collects data during manufacturing, performs analytics and employs machine learning for semiconductor companies. Voltaiq
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT DETROIT – General Motors will offer voluntary buyouts to a “majority” of its 58,000 U.S. white-collar employees, as it aims to cut $2 billion in structural costs over the next two years, according to a letter sent to workers Thursday from CEO Mary Barra. The “Voluntary
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Tesla recently took to its archives and shared a video of how the Model X got its wings, and it wasn’t by way of Red Bull, though the engineers likely had some very late nights during the design process. The Model X wouldn’t be what it is without its signature Falcon Wing doors, but they
Is The Aston Martin Valkyrie A Landmark Hypercar? | Carscoops Could the Valkyrie be considered one of the greats like the Lamborghini Miura and McLaren F1? by Brad Anderson 11 hours ago by Brad Anderson Now that Aston Martin has delivered plenty of Valkyries to customers around the world, it finally let a handful of
PARIS — Stellantis has reached a preliminary agreement with South African authorities to build a production site, its first in the country, by the end of 2025. Under the deal, the new plant will be set up in one of South Africa’s special economic zones, the automaker said in a statement. “The manufacturing site in
1:07 PM ET Associated Press Kimi Räikkönen will again enter a NASCAR Cup Series race, this time at Circuit of the Americas, where the Finnish driver scored the final victory of his Formula One career in 2018. Räikkönen will again race for Trackhouse Entertainment Group in its special Project91 entry that is designed to give
Watch A Jeep Wrangler Turn Into A Wrecking Ball On Icy Road Hitting A Bunch Of Cars | Carscoops We can just imagine the conversation inside the Wrangler – ‘don’t worry bro, we got it, it’s a Jeep!’ by Brad Anderson 19 hours ago by Brad Anderson The owner of a Jeep Wrangler has discovered
Massachusetts‘ newly elected Attorney General Andrea Campbell said she intends to enforce the state’s updated right-to-repair law in June, according to a court filing made public Wednesday. Campbell, who assumed office in January, said in the filing that terminating her office’s non-enforcement stipulation is “in the public interest” and would take effect June 1. Former