Ford Set to Unveil Next-Generation F-150 on June 25

Ford Set to Unveil Next-Generation F-150 on June 25

Ford’s best-selling truck, the F-150, is about to become just another vehicle when it comes to the pandemic as its debut is being pushed back a week to June 25 — and it’ll be done online. The 14th generation of the pickup is just the latest high-profile vehicle to be...
Volkswagen Making $2B Wager on China’s EV Market

Volkswagen Making $2B Wager on China’s EV Market

Volkswagen AG is betting big – more than $2 billion – that the Chinese electric vehicle market – the largest in the world – will rebound, leading to growth for its burgeoning line-up of electric vehicles and ultimately to more profits. The German automaker announced...
Ford Brings Back the Mustang Mach 1

Ford Brings Back the Mustang Mach 1

With the exception of the Mustang, Ford has all but abandoned the passenger car market—but it’s more than making up for that gap, it seems, by rolling out a steady stream of pony car variants for seemingly every possible buyer. We’ve already seen new versions of the...
McLaren Sees Q1 Loss Balloon to $164.3M Due to Pandemic

McLaren Sees Q1 Loss Balloon to $164.3M Due to Pandemic

Super car maker McLaren Group is the latest automaker to highlight how hard the global pandemic has been on the industry, reporting its pre-tax loss in the first quarter jumped to 133 million pounds, or $164.3 million, from just 18 million pounds, or $22.2 million,...
Memorial Day New Car Sales Surge Never Materialized

Memorial Day New Car Sales Surge Never Materialized

The Memorial Day weekend is always a big one for the U.S. auto industry and was expected to be particularly strong this year, the industry anticipating a surge in demand thanks to hefty incentives and the end of pandemic lockdowns in much of the country. The problem...
Stocks Surge as Renault-Nissan Move to Save Alliance

Stocks Surge as Renault-Nissan Move to Save Alliance

After months of decline, shares of the three automakers forming the Renault-Nissan-Mitsubishi Alliance surged sharply on global exchanges Wednesday. Shareholders signaled their satisfaction with plans to save the long-running partnership that had been teetering on...