Gas prices in the first months of 2022 were no laughing matter, but when Ernie Boch Jr. declared that he was giving away thousands of free gallons to Massachusetts drivers, many people believed his “April Fuels Day” stunt was just a joke. But Boch was deadly serious on that occasion, and he’s at it again.
Getty Images Manufacturing has resumed at the former Renault factory in Russia, which shut after the invasion of Ukraine and was later taken over by the government. Truck-maker Kamaz said the first cars would go on sale next month. It is reviving the Soviet-era Moskvich brand although the car’s design has been updated. Renault’s departure
General Motors is thinking long term as it prices its upcoming electric vehicles, steering clear of “opportunistic” pricing in favor of a lineup spanning segments and price points, executives say. The Detroit automaker is banking on customers switching from gasoline-powered cars to EVs as it prepares to put more models on sale next year and
LOS ANGELES — Sales of the Toyota Mirai hydrogen fuel cell vehicle may be small since its launch eight years ago, but those owners are using their cars in a big way. More than 9 in 10 owners (92 percent) use their Mirais as their primary household vehicles, said Craig Scott, director of fuel cell
Newsday Llc | Newsday | Getty Images There was a time when Black Friday in the car-selling business meant a flurry of big sales events at dealerships whose lots were full of new vehicles. These days, with inventory still squeezed from supply chain disruptions, discounts are not as generous as they once were. And most
Red Bull Racing announced on Wednesday it has signed Daniel Ricciardo as a reserve driver for the 2023 Formula 1 World Championship, and potentially beyond. In the role he will assist the team with testing and simulator work, as well as some commercial activities. He will also be first in line to race should one
Just because we’re still a week away from Thanksgiving doesn’t mean you can’t already save big on a new electric bicycle. That’s because most of the e-bike companies have jumped the gun this year in an attempt to beat each other to the punch. And when they fight over us, we win. Case in point:
Ford is targeting potential customers of the VW ID Buzz battery-electric van with upmarket versions of the newly unveiled E-Tourneo Custom passenger van. The E-Tourneo Custom is one version of Ford’s new passenger van range based on the Transit Custom midsize van unveiled earlier this year. The battery-electric version uses a 74-kilowatt hour battery for
The driver of an older generation VW Passat B4 wagon in Leicester, Massachusetts ended up in the most bizarre of positions after crashing their sedan in the parking lot of a Walmart. Images shared to Facebook by the Leicester Police Department show the VW outside the main entrance of the Walmart and resting on a
As online used-car dealer Carvana Co.’s share price unwinds at a fever pitch, Wall Street analysts are slashing targets and warning conditions could worsen. With the company’s shares spiraling down a staggering 97 percent this year, analysts’ average price targets struggled to keep pace, despite coming down sharply. That changed this month, and in just
Amazon.com Inc. emerged as a potential savior for Argo AI, the now-defunct startup backed by two of the world’s biggest automakers, before the deal fell apart because of a sputtering economy, concerns about control and flagging faith in fully autonomous driving. The online retailer was prepared to invest several hundred million dollars into Argo last
In this article NK-FR Follow your favorite stocksCREATE FREE ACCOUNT This image, from March 2021, shows a worker with car batteries at a facility in China. STR | AFP | Getty Images China is leading the way when it comes to lithium — and the rest of the world has not been quick enough to
Mazda announced today a major update to its Mid-Term Management Plan and basic management policies up to 2030, which is now more electrifying than ever. The Japanese company said that it recognizes the significant changes that have occurred in the business environment and intends to accelerate its electrification efforts. Mazda outlined a plan to become
1:10 PM ET Ferrari finished the 2022 season as it started it, with its team setting the fastest time of a test session. Carlos Sainz led the way on a 1:25.245s, with Charles Leclerc and junior driver Robert Schwartzman both finishing with 0.1s during their respective runs in the car. Ferrari’s early promise failed to
Stellantis has thousands of cars stuck at its Sochaux plant in eastern France as logistics problems that impacted the maker of Peugeot 3008 SUVs last quarter persist. “There are big problems to deliver new vehicles,” said Jerome Boussard, a CGT labor union representative at the factory. “We had about 4,000 of them stuck in our
Kia launched their new logo with a record-breaking pyrotechnic display in 2021, but it appears a number of consumers are confused by the new design. In particular, Twitter user @Shwinnabego noticed Google searches for “KN car” have increased significantly since the summer of 2021 when models with the new logo were becoming more common. This
New York’s Vision Automotive Group sold 10 dealerships to Atlantic Coast Automotive Inc., according to the Rochester Business Journal and a person briefed on the transaction. Atlantic Coast Automotive, of Miami Lakes, Fla., bought three Hyundai stores, three Nissan stores, two Kia dealerships, a Chrysler-Dodge-Jeep-Ram store and a Buick-GMC store. The dealerships are in Rochester,
Tech startups in the automotive industry and mobility space are phenomenal at innovating but terrible at scaling up their operations, Quin Garcia, co-founder and managing director of Silicon Valley venture capital firm Autotech Ventures, said Friday at the Automotive News Congress in Los Angeles. During a wide-ranging discussion about venture capital-backed startups partnering with established