by Paul A. Eisenstein | Sep 16, 2020
Imagine pulling into a service station, starting the pump and then realizing you’re being charged not for how much gas you need but how long you’re hooked up to that pump. Well, that’s pretty much how things work right now if you use a public charger for an electric...
by Joseph Szczesny | Sep 15, 2020
The pandemic is forcing FCA and PSA to reduce the size of the dividend to be paid to FCA shareholders, primarily the Agnelli family, when the merger is finished at the end of the first quarter of 2021 despite savings generated from the combination of the two...
by Michael Strong | Sep 15, 2020
The battle between Nikola Corp. and Hindenburg Research is heating up as the U.S. Securities and Exchange Commission is now investigating the EV startup based on some of the allegations laid out in a recent report by the short-selling research firm. Nikola, which...
by Michael Strong | Sep 11, 2020
With more and more EV makers looking to enjoy some of the advantages of being a publicly traded company, at least one – aside from Tesla – is now seeing the downside, or perhaps more accurately “short” side. Nikola Corp., which just announced a $2 billion...
by Paul A. Eisenstein | Sep 11, 2020
Donald Trump, speaking to a rally of campaign supporters in Michigan on Thursday, made a long list of false claims about the auto industry, among other things saying he “saved” it during his first term. Pressing to keep swing state Michigan in the Republican camp...
by Paul A. Eisenstein | Sep 10, 2020
It can be difficult to defy gravity – or so Lucid Motors is hoping. Even as it formally unveils its first battery-electric vehicle, the California start-up is teasing a second model, the Lucid Gravity. And, in an SUV-crazed market, the company is betting this is where...
by Paul A. Eisenstein | Sep 9, 2020
Blindingly fast, stylish and unexpectedly roomy, with a range of at least 20% more than any new battery-electric vehicle on the market, the new Lucid Air appears to have a lot going for it. But is it the first all-electric model that might finally pose a serious...
by Paul A. Eisenstein | Sep 3, 2020
The complete makeover of the Mercedes-Benz S-Class announced this week will be a technological showcase, but the German automaker has plans to significantly upgrade the big sedan during the next few years, notably adding what one executive called the “big, big, big...
by Michael Strong | Aug 31, 2020
The Trump administration’s efforts to reverse fuel efficiency mandates put in place by his predecessor took another hit courtesy of a court ruling that invalidated the suspension of financial penalties against automakers. The U.S. Court of Appeals for the Second...
by Michael Strong | Aug 24, 2020
Volkswagen AG remains under the prying eyes of Germany’s motor vehicle authority KBA now courtesy of a probe of Porsche AG concerning potential manipulation of emissions data testing results of its gas-powered engines. Porsche’s parent, VW, has been through a series...
by Joseph Szczesny | Aug 24, 2020
The U.S. Department of Justice has charged Uber’s former chief security officer with obstruction of justice for covering up a hack of the ride-hailing service’s computer system in 2016 and exposing the personal data of millions of users of the service and its drivers....
by Michael Strong | Aug 21, 2020
Days after four children died in Alabama, Texas and Oklahoma after they were unknowingly left in hot cars, Tesla Inc. is asking the federal government for approval to use a new sensor that could help cut down on this issue. The EV maker petitioned the Federal...
