TOKYO — Hyundai Motor Co. is a global success from Bangalore to Baltimore, but there is one market right next door where the company’s badge has long been missing: Japan. The South Korean automaker pulled out of the market in 2009, after a dismal run in Japan. But now, Hyundai will take a second crack
Stellantis premium brand DS has shown it can build vehicles capable of competing with German offerings, at least when it comes to appearance and technology. Now the French marque wants to take on its rivals in the electric performance arena. DS on Monday presented the E-Tense Performance prototype, which it described as a rolling laboratory
In this article TSLA Employees work at the Tesla Gigafactory in Shanghai, east China, Nov. 20, 2020. U.S. electric car company Tesla in 2019 built its first Gigafactory outside the United States in the new Lingang area, with a designed annual production capacity of 500,000 units. Ding Ting | Xinhua News Agency | Getty Images
COVID-19 dealt the nascent micromobility movement a stunning blow just as the industry was accelerating. In 2019, McKinsey & Co. consultants predicted that micromobility would be a $300 billion to $500 billion market by 2030. The number of journeys made on e-scooters in the U.S., for instance, had more than doubled to 86 million in
MILAN — Stellantis has halted production for one day at its Sevel plant in Italy, Europe’s largest van assembly facility, due to a shortage of engines supplied by a plant of the group in France, a union representative said. Sevel produces light commercial vehicles under the Fiat, Peugeot and Citroen brands. Fiat-branded vans are fitted
Wholesale used-vehicle prices in January were largely unchanged from December though far higher than year-earlier numbers in another signal that the surge in U.S. used-vehicle prices has begun to level out. Cox Automotive said Monday that its Manheim Used Vehicle Value Index, which tracks vehicles sold at Manheim’s U.S. auctions, rose just 0.04 percent in
Solar Electric Vehicle (SEV) startup Aptera Motors appears to have delayed some deliveries of its flagship vehicle, according to reports from multiple reservation holders. The Aptera SEV recently entered beta phase of development and was previously on track to begin first deliveries late this year. According to Aptera, it remains on track to hit this
Ferrari logo Dean Mouhtaropoulos Ferrari has a lot riding on its much anticipated and hotly debated SUV, called the Purosangue, to be unveiled later this year. Ferrari CEO Benedetto Vigna said the new SUV is “astonishing to drive.” “I’ve driven it several times in the hills of Maranello,” Vigna told analysts and reporters on an
WASHINGTON — The safety benefits of deploying more autonomous vehicles on U.S. roads must be weighed against their potential risks, a U.S. House panel said last week. While AVs have the potential to curb the “startling rise” in U.S. traffic deaths, “we must ensure that these technologies are held to the highest possible safety standards,”
PARIS — Faurecia said its new combination with Hella would result in it aiming for sales of above 33 billion euros ($37.72 billion) in 2025, and an increased annual cost savings target of 250 million euros. Faurecia, which produces seating, electronics and other car interior components, issued those financial targets as it marked the completion
TOKYO — Subaru profits plunged by two-thirds in the latest quarter as crimped production and falling sales hammered results, driving backorders higher and forcing the automaker to cut its earnings outlook with no clear signs of relief from the ongoing semiconductor crisis. Subaru Corp.’s operating profit dropped 66 percent to 22.7 billion yen ($197.2 million)
Jay Leno’s car collection encompasses a wide variety of marques, from the familiar to the very esoteric. But one name is missing: Ferrari. In a December 2021 appearance on the podcast “Cars and Culture,” Leno explained why he doesn’t own a single car with the Prancing Horse badge. “I just never liked dealing with the
About two weeks ago, Kia officially announced US pricing of the Kia EV6 model, which is available in several versions. In this post, we will focus on the EV-related specs of particular versions and compare them to each other. The base version of the car – EV6 Light, comes with a small 58.0 kWh battery
In this article VRM Vroom Online used-car retailer Vroom will advertise during the Super Bowl for a second consecutive year, with the help of pop singer and dance choreographer Mandy Moore. The 30-second spot called “Flake” continues Vroom’s theme from last year about “flipping” car buying and selling on its head — but in an
A friend of mine who works in powertrain at Ford told me recently the company has just one more new engine coming. And that’s it. Ford, like most other automakers, is shifting its powertrain lineup from gasoline and diesel engines to electric motors in the coming years. Ford has greatly reduced the number of engineers
BERLIN – Volkswagen Group does not expect the global shortage of semiconductors to end this year although it should further ease slightly in the second half, the automaker’s head of purchasing said. “The volatile situation will affect us at least beyond the first half of this year,” Murat Aksel, the head of procurement for VW
DETROIT — Michigan “desperately” needs more software developers to compete in a fast-changing auto industry racing to develop self-driving vehicles and new mobility innovations, Ford Motor Co. Executive Chairman Bill Ford Jr. said. “We need to lean into the software development as a state if we’re going to be the leader,” Ford said in an
By Simon Alvarez Posted on February 6, 2022 When rumors of the Tesla Model S Plaid started emerging, many were excited to see the company’s new flagship sedan. It takes something special, after all, to dethrone the Model S “Raven” Performance, a vehicle that is already capable of humbling supercars on the quarter-mile. But while