After spotting a dealership’s help wanted sign during a small-town refueling stop led James Gramm into car sales in 1983, he became a dealer nearly 20 years later on April Fools’ Day in 2002. “The letters on the front of the building were made of Styrofoam,” Gramm told Automotive News this week, laughing as he
Self-driving vehicles may take a long time to hit the road in large numbers. The sensors driving much of their progress, however, are starting to go mainstream. Lidar technology is trickling into human-driven vehicles in some cases. In others, it’s finding scale in different industries. The latest example of lidar for human-driven vehicles came earlier
martin-dm | E+ | Getty Images Car buyers are usually aware that their new vehicle will start losing value as soon as it’s driven off the dealership’s lot. These days, depending on the car, depreciation may be a lot less than it was in past years, according to a new study from iSeeCars.com. With supply-chain
By Johnna Crider Posted on November 10, 2022 Update: Robin Wheeler confirmed that she is still working for Twitter. I’m still here. — Robin Wheeler (@robinw) November 11, 2022 Twitter CEO Elon Musk held an all-hands meeting on Thursday, and following that, there have been reports of several executives departing the company as Twitter’s
LONDON — MG Motor has merged its UK business with its mainland European sales operations as the Chinese-owned company continues its rapid sales expansion in the region. MG had originally separated its longer-standing UK business, which offers both combustion engine and electric models, with that of its continental European business, which focuses on all-electric cars
10:22 AM ET McLaren’s Lando Norris will drive as normal at the Brazilian Grand Prix despite contracting food poisoning earlier this week. Norris skipped Thursday’s media sessions after falling ill in Sao Paulo, but McLaren said it had no concerns about him missing track time on Friday. Returning to the car on Friday was more
A Suzuki Vitara driver has had his day in court for his appalling behavior in February, when he was caught on dashcam deliberately impeding an ambulance trying to respond to an emergency. According to the Thames Valley Police, the South Central Ambulance Service was dispatched to respond to a call about a man who had
Polestar posted a smaller third-quarter operating loss as revenue more than doubled and the company cut spending, but the electric-vehicle maker warned that higher raw material costs would start to hurt later in the year. The Swedish automaker posted an operating loss of $196.4 million, down from $292.9 million a year ago, while revenue rose
Volvo Cars’ CEO Jim Rowan sees electric vehicles reaching price parity with their fossil fuel-burning counterparts a lot sooner than many. How soon? Roughly two to three years from today. Furthermore, Rowan said: “There’s no way that any company should be relying on government subsidy to be successful.” The former Dyson executive ,who took the
In this article PSNY Follow your favorite stocksCREATE FREE ACCOUNT Polestar 3 Courtesy: Polestar Swedish electric-vehicle maker Polestar said Friday that its third-quarter operating loss narrowed from a year ago as revenue more than doubled, and it confirmed that it still expects to deliver 50,000 vehicles in 2022. But the company warned that higher costs
Flyin’ Miata has been offering turnkey Mazda MX-5 Miatas with V-8 swaps for a number of years, but now the Palisade, Colorado-based performance shop has given it up. The company cited stricter emissions regulations and the crackdown on businesses that tamper with vehicle emission systems for the end of the service. Flyin’ Miata’s V-8 swaps
On this episode of HOT ROD Unlimited, HOT ROD Editor In Chief David Freiburger explores the very first standing-mile race to be held on the runway at the Airpark in Wilmington, Ohio. This race was sanctioned by the East Coast Timing Association, which for years had been running on an old WWII runway at the
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
BERLIN — Volkswagen passenger cars brand named Nelly Kennedy as its new chief marketing officer. Kennedy is currently senior global brand marketing director for Google in California, which she joined in April 2015. She will take over the role at VW in mid-February, succeeding Jochen Sengpiehl, who has moved to Volkswagen China. Kennedy will be
3:33 PM ET Seven-time champion Lewis Hamilton has praised his former rival Max Verstappen for his dominant championship-winning performance this year. Verstappen secured his second title last month with victory at the Japanese Grand Prix and has won 14 of the 20 races so far this year, breaking the record for the most wins in
Security camera footage has captured the moment that thieves stole a Bentley Continental GT from the South Florida home of famous sports agent Drew Rosenhaus. The video shows the thieves breaking into Rosenhaus’s property. One thief then proceeded to get into the Continental GT and start it up as it was left unlocked and the
WASHINGTON — Three House lawmakers have joined a push in the Senate to delay certain sourcing and manufacturing requirements in the Inflation Reduction Act’s tax credit for consumers buying new electric vehicles. Sen. Raphael Warnock, D-Ga., introduced a bill — known as the Affordable Electric Vehicles for America Act — in September that would create
There’s a phrase that keeps getting tossed around in the autonomous vehicle business: trough of disillusionment. Cruise CEO Kyle Vogt said it on General Motors‘ recent earnings call, and Aurora Innovation CEO Chris Urmson used a variation of to describe where the industry is right now. Their comments came after Ford and Volkswagen-backed Argo AI