by Michael Strong | Jul 31, 2020
Companies big and small have been touting “affordable” electric vehicles for years, and in the near tsunami of new models set to arrive on U.S. shores in the coming years, “affordable” doesn’t seem to be the descriptor one would attach to any of them. However, that...
by Michael Strong | Jul 31, 2020
The sun continues to shine on Ford, the automaker revealing Friday it received approval to defer some quarterly payments due on its U.S. Energy Department retooling loan. The automaker noted it will repay the loan on time by June 2022. Ford was awarded a $5.9 billion...
by Paul A. Eisenstein | Jul 31, 2020
General Motors is partnering up with EVGo, the operator of the country’s largest electric vehicle charging network in a push to make it easier for EV owners to charge up quickly and easily. The two partners said Friday that they plan to add 2,700 high-speed public...
by Paul A. Eisenstein | Jul 31, 2020
Kia already has begun electrifying its line-up and, like most competitors, it plans to roll out an array of new models during the next few years – including a flagship SUV first teased at the Geneva Motor Show in 2019. Now, what is known inside the South Korean...
by Joseph Szczesny | Jul 31, 2020
Fiat Chrysler Automobile N.V. financial results were “significantly” better than expected during the second quarter despite the losses the company suffered as its shipments to dealers dropped by two-thirds due to the impact of the COVID-19 pandemic The company...
by Michael Strong | Jul 30, 2020
Automaker after automaker has lined up and reported second quarter losses in the past several days, except Tesla — and now Ford Motor Co., sort of. Ford turned a Q2 profit, reporting $1.1 billion in net income on revenue of $19.4 billion. However, if you take out a...
by Paul A. Eisenstein | Jul 30, 2020
While the company’s first model, the all-electric Ocean SUV, is still nearly two years away from going to market, Fisker Inc. today announced plans to launch four products by 2025 – and seven longer-term. In a brief statement accompanying this image, Fisker said it is...
by Paul A. Eisenstein | Jul 30, 2020
“What is in a name?” asked Shakespeare. When it comes to an automotive nameplate, the answer is: a lot. Manufacturers invest tidy fortunes to build up recognition for a brand or model, and don’t walk away from a good one without a very good reason. So, we were...
by Paul A. Eisenstein | Jul 30, 2020
The pandemic-shortened Formula E season just wrapped up, but the all-electric racing series will be back on track soon, according to organizers – and that’s good news as far as Jaguar Land Rover is concerned. The British automaker has been an active proponent for...
by Michael Strong | Jul 30, 2020
Volkswagen is the latest automaker reporting negative second quarter results, largely stemming from the impact of the COVID-19 pandemic around the world. The company posted an adjusted operating loss of 1.7 billion euros, or $2 billion, for the period, which is down...
by Joseph Szczesny | Jul 30, 2020
The construction of the new battery plant near Lordstown, Ohio is one of the main pillars of General Motors’ electric vehicle strategy took another step forward with the first pieces of steel being raised. GM chairman Mary Barra said steel construction at the all-new...
by Michael Strong | Jul 29, 2020
Automakers and suppliers have been suffering financially during the pandemic, and the federal government has provided assistance for small businesses with the Small Business Administration’s Payroll Protection Program. The PPP, as it’s known, allows businesses to get...
