by Michael Strong | Aug 14, 2020
The coronavirus pandemic is costing automakers money in lost sales, but it isn’t stopping Toyota and Mazda from investing 50% more into their under-construction plant in Alabama, raising the investment to $2.3 billion. The companies are investing an additional $830...
by Joseph Szczesny | Aug 14, 2020
The fallout from the dieselgate scandal continues to climb for Daimler AG, which has agreed to pay more than $2.2 billion in settlements with U.S. authorities and a class-action lawsuit. The company expects to pay an additional “mid-three-digit million” euros in fines...
by Paul A. Eisenstein | Aug 13, 2020
It’s hard for me to imagine that it was nearly half a lifetime ago, 1989 to be exact, that I first took a Mazda Miata for a test drive. Everywhere I went people gathered to check it out. Another driver in an old Spitfire following as I exited I-75, pulled alongside...
by Paul A. Eisenstein | Aug 13, 2020
Hyundai is one of the handful of automakers promising to remain in the sedan market even as millions of motorists migrate to SUVs and CUVs – which is why many of the Korean carmaker’s fans were surprised and disappointed to learn that it was dropping the Elantra GT...
by Joseph Szczesny | Aug 13, 2020
The Lexus LX 570, the largest sport utility vehicle in the Lexus line-up, is getting some refinements for the 2021 including new tech features and new trim inside and out. Lexus said its flagship SUV offers an updated Sport Package for the new model year, as well as...
by Michael Strong | Aug 13, 2020
Fiat Chrysler’s long-running Challenger muscle car line-up is getting another new variant — and this one is the fastest muscle car on the planet. The new Dodge Challenger SRT Super Stock is powered by the same supercharged 6.2-liter Hemi high-output V-8 that powers...
by Michael Strong | Aug 13, 2020
Ford is recalling more than 500K vehicles in three separate actions, although most of that total is accounted for in one single effort involving Ford Edge and Lincoln MKX models with brake issues. The first recall involves more than 500,000 select 2015-18 Ford Edge...
by Paul A. Eisenstein | Aug 12, 2020
We’re seeing plenty of battery-powered hypercars lately, like the Rimac Concept Two and the Pininfarina Battista, but California’s Hyperion is taking a very different to going green with its new XP-1. Formally unveiled today, the startup’s first entry opts for...
by Paul A. Eisenstein | Aug 12, 2020
Lucid Motors, a California-based EV maker, plans to unveil its first production model during a web event next month, the Lucid Air set to go on sale during the coming model year. The startup is just one of a long list of new brands hoping to crack the U.S. market...
by Michael Strong | Aug 12, 2020
It’s been a tough year for new vehicle sales due to the pandemic, but they haven’t halted completely and used car sales have taken up some of the slack. In short, there are still buyers out there. Given the current state of the economy, some of those shoppers may be...
by Michael Strong | Aug 12, 2020
Tesla Inc. keeps on riding high, its share price rising 7.8% since the company announced a five-for-one stock split Tuesday. Trading at little more than $1,481 in early trading Wednesday, the split adding a little more fuel for the share’s continued rocket-like upward...
by Joseph Szczesny | Aug 12, 2020
Most parents don’t take nearly five months to name their new “child,” but it’s taken Hyundai and Aptiv, the big automotive supplier, that long to come up with the right one for the collaboration in autonomous vehicles they launched in March — Motional. The two words...
