EV startup Rivian Automotive has named its first chief sustainability officer, Anisa Kamadoli Costa, who will oversee the automaker’s climate goals, including carbon neutrality in its own operations by 2028. Costa most recently held the position of chief sustainability officer at Tiffany & Co. and served as president of the Tiffany & Co. Foundation, Rivian
China’s automobile and component exports more than doubled in 2021 from a year ago, exceeding 30% growth in China’s exports overall, Bernstein analysts found. Yi Fan | Visual China Group | Getty Images BEIJING — China’s latest Covid lockdowns are a greater risk for global inflation today than they were in 2020, Bernstein analysts said.
The next-generation GMC Canyon will get an AT4X off-road variant, GMC confirmed Thursday in a press release. Scheduled for a summer 2022 unveiling, and likely to go on sale as a 2023 model, the new Canyon will be the second GMC model to get the AT4X treatment, after the 2022 GMC Sierra 1500 full-size pickup.
Ford promised the 2022 F-150 Lightning would launch in the spring of 2022, and it has stayed firm on that promise. Now, CEO Jim Farley has taken to Twitter to tease the upcoming fully electric pickup truck ahead of its April 26 launch event. In a time when almost every automaker across the globe is
To James Stephens, using dry-erase whiteboards and lifeless posters taped to walls to promote fixed ops services is so yesterday. “A lot of what you see inside dealerships today is very outdated,” says the fixed ops director at Nashville-based Beaman Automotive Group, part of Hudson Automotive Group. But that’s not the case at the four
Porsche deliveries fell during the first quarter after outbreaks of coronavirus in China shut dealerships and a number of vehicles were lost at sea when a cargo ship caught fire and sank. The Volkswagen Group brand’s shipments dropped 5 percent to 68,426 vehicles globally during the first three months of the year after significant declines
6:59 AM ET The Haas Formula One team has rejected former title sponsor Uralkali’s demand for a refund of $13 million and asked for compensation from the Russian company, according to a report by Motorsport.com. Haas split from Dmitry Mazepin’s company Uralkali and dropped his son Nikita as driver several weeks after Russia’s military invasion
DETROIT — GMC‘s next-generation Canyon will include high-end features and off-road capability as the brand adds its new AT4X trim to the midsize pickup. GMC teased the updated Canyon on Thursday, ahead of a full reveal this summer. The Canyon will be the second GMC nameplate to add the AT4X trim, which was introduced on
In February 2020, Nio got a lifeline of financing support led by the government of Hefei city, where the electric car start-up has established its China headquarters. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese electric car company Nio said Thursday it is gradually resuming production at a facility several hours’ drive west
With 620 horsepower, the Porsche 911 GT2 RS is a handful to drive. We trained our high speed video cameras on the GT2 RS as it takes a high speed corner to analyze the science of the most powerful 911’s speed. Read the full story here: http://www.motortrend.com/features/performance/1112_the_science_of_speed/ Shot by: Jim Gleason Edited by: Jim Gleason
By Maria Merano Posted on April 13, 2022 Tesla proposed a 100,000-square-foot facility in St. Pete, Florida. The new Tesla center will handle sales, service, and deliveries in the area. The new Tesla facility will be located on a 4.21-acre site with an existing 100,000 square foot building formerly known as a Kanes Furniture liquidation
DETROIT — Ford Motor Co. will launch its F-150 Lightning electric pickup April 26, CEO Jim Farley said Wednesday on Twitter. The automaker plans an event that day at the Rouge Electric Vehicle Center in Michigan to celebrate the official start of production and first customer deliveries, which are expected soon afterward. “We will be
FRANKFORT, Kentucky, USA — Envision AESC of Japan is staking a claim on the expanding American electric vehicle market with a $2 billion investment in a massive new battery cell and module plant in Bowling Green, Kentucky. The plant will supply Mercedes-Benz‘s newly launched EV production line in Vance, Alabama, 300 miles (483 km) away.
11:46 AM ET Monaco is still discussing a new contract with Formula One but the future of the showcase race beyond this year is assured, according to the head of organisers the Automobile Club de Monaco (ACM). ACM president Michel Boeri hit back at media reports that Monaco was in danger of dropping off the
What kind of vehicle is the 2023 Hyundai Palisade? What does it compare to? Hyundai’s largest vehicle, the 2023 Palisade gets its first major update since its winning launch into the three-row SUV segment in 2020. It competes against the Kia Telluride, Honda Pilot, Toyota Highlander, Ford Explorer and many, many other three-row family vehicles,
Stellantis CEO Carlos Tavares on Wednesday took a bullish stance on the U.S. market despite rising fears of a downturn. Speaking at the automaker’s annual shareholders’ meeting, Tavares said Stellantis was confirming its forecast for double-digit operating income margin this year, and added that expected sales in North America, especially in its highly profitable U.S.
Vietnamese electric automaker VinFast set pricing for a battery-lease program and introduced a partnership with Electrify America for fast-charging on its national network. VinFast, which started making gasoline cars in 2019 and delivered its first EV last year, is showing three electric crossovers at the New York auto show. The automaker is targeting initial sales
2023 Kia Telluride Kia Kia on Wednesday unveiled its new lineup of Niro hybrid and EV crossovers as well as updates to its extremely popular Telluride SUV. Both nameplates are important to the automaker in different ways. The Telluride has been a surprise sales success for the company, while the new Niro models come as