by Michael Strong | Nov 2, 2018
Just days after telling the world they had not been served with any subpoenas regarding its predictions or discussions about production of the Model 3, Tesla Inc. officials said they’ve been served with three of them. That was Oct. 26, but in its quarterly filing with...
by Michael Strong | Nov 2, 2018
Subaru and Toyota partnered up to build engines and now they are partnering on a recall of about 165,000 U.S. vehicles to resolve an issue causing those engines to potentially stall. The action covers about 140,000 Subaru vehicles in the U.S. and about 25,000 of...
by Paul A. Eisenstein | Oct 31, 2018
The California-based battery-car company Faraday Future is “effectively insolvent,” according to co-founder Nick Sampson who resigned on Tuesday. His departure comes as the once-promising company prepares for a second round of mass layoffs, a Faraday spokesman advised...
by Michael Strong | Oct 30, 2018
Mercedes-Benz USA is alleged to have dragged its heels on mailing recall notes to the owners of 1.4 million vehicles in the U.S. The National Highway Traffic Safety Administration said it found after an extensive review the German automaker has been exceeding the time...
by Michael Strong | Oct 26, 2018
Tesla Inc. and CEO Elon Musk may have resolved their issues with the Securities and Exchange Commission, but an ongoing criminal investigation by the Department of Justice appears to be motoring along in high gear. The company told the Wall Street Journal that it...
by Joseph Szczesny | Oct 24, 2018
Apple has filed for a new patent for a suite of technology called “Peloton” which allows multiple self-driving cars to share battery capacity using a “connector arm,” according to trade publications that ferret out patent applications. The connector arm is used...
by Michael Strong | Oct 23, 2018
BMW is recalling 1.6 million vehicles around the world, including 54,700 in the U.S. and Canada, due to a potential fire hazard. The action is really an expansion of an earlier recall of 480,000 vehicles in Europe and Asia. In the affected vehicles a fluid leak could...
by Michael Strong | Oct 22, 2018
Parents of teen drivers can do one simple thing to make their progeny better behind the wheel: drive better themselves. According to a new survey conducted earlier this month among 1,000 U.S. teen drivers, 79% of them said they rely on their parents or guardians more...
by Joseph Szczesny | Oct 22, 2018
After two years of speculation about if it and when it would do so, Fiat Chrysler Automobiles agreed to sell Magneti Marelli to KKR’s Calsonic Kansei for $7.14 billion, or 6.2 billion euros. The new company, which is now the world’s seventh largest auto supplier, will...
by Michael Strong | Oct 18, 2018
With all of the talk about blue waves and red waves coming in the November election, a couple of new studies show that Americans may want to direct their attention to the “green” wave: recreational marijuana. Several states have measures on ballots to make the...
by Paul A. Eisenstein | Oct 16, 2018
When the U.S. economy collapsed a decade ago two of the three Detroit-based automakers plunged into bankruptcy, surviving only with the help of a massive federal bailout – and that’s the fate that could be facing the German auto industry, as well, the CEO of...
by Michael Strong | Oct 15, 2018
Tesla. SpaceX. The Boring Co. Teslaquila? In late spring, Tesla CEO Elon Musk poked fun at Tesla critics in a playful tweet suggesting he had seen the writing on the wall and drown his sorrows in several bottles of “Teslaquila.” That soon could be reality. Not the...
