by Paul A. Eisenstein | Jul 17, 2020
With a planned IPO expected to raise $1 billion or more, Fisker Inc. is laying out plans to get the first of as many as seven all-electric vehicles in production and the first, CEO Henrik Fisker told TheDetroitBureau.com in an exclusive interview, will be migrating to...
by Paul A. Eisenstein | Jul 17, 2020
General Motors, on “a path to an all-electric future,” already has shown off nearly a dozen of the battery-electric vehicles it plans to introduce by 2023 – but it turns out the automaker was holding back, a new report by the automaker revealing its plans...
by Michael Strong | Jul 17, 2020
Tesla’s battle about using the name Autopilot in Germany is over and the EV maker lost, a German court ruling that using the name in advertising is misleading to customers. The Munich Regional Court ruled Tesla can no longer advertise its semi-autonomous driving...
by Joseph Szczesny | Jul 17, 2020
The first big automaker to release its financials for the second quarter, Daimler AG, the German maker of luxury cars, trucks and busses, reported a loss of for the second quarter, when as the pandemic took a heavy toll on the global economy. Daimler said the group’s...
by Michael Strong | Jul 16, 2020
This year has been a difficult time for new vehicle sales, with pickups taking only a minor hit relative to the rest of the offerings from automakers in the U.S. What isn’t selling has been chronicled plenty – sedans, coupes and minivans – on sort of a generic basis;...
by Paul A. Eisenstein | Jul 16, 2020
With the worsening global pandemic again taking a toll on automotive sales, there are growing indications manufacturers are preparing to trim back production, Reuters today reporting Nissan Motor Co. will cut worldwide output 30% through December due to declining...
by Joseph Szczesny | Jul 16, 2020
All eyes were on Dearborn, Michigan this week for the reveal of the new Ford Bronco, but Land Rover had a debut of its own, showing two special versions of its most popular vehicle, the Range Rover Sport, as the fight for attention of rugged sport-utility vehicles...
by Paul A. Eisenstein | Jul 16, 2020
The auto industry is undergoing the most “significant transition” it has seen in a century, and General Motors doesn’t intend to be left behind, the automaker’s chief sustainability officer said during a media briefing ahead of the release of GM’s annual...
by Michael Strong | Jul 15, 2020
The ongoing process to merge Fiat Chrysler Automobiles NV and French automaker Groupe PSA took another step forward as the two sides released the name of the new entity: Stellantis. Borrowing from the Latin verb “stello” meaning “to brighten with stars,” the name is...
by Michael Strong | Jul 15, 2020
A new Red River battle is brewing between Texas and Oklahoma and California-based EV maker Tesla Inc. is going to be the winner. The two sides are working hard to lure the automaker to build its next U.S. Gigafactory in their state with Travis County, Texas offering...
by Michael Strong | Jul 15, 2020
A week after the first rumblings, Fisker Inc. confirmed today its partnering with Apollo Global Management Inc. to take the electric vehicle maker public, netting the new Fisker $1 billion to help it get its first offering, the Ocean, into production. The company will...
by Joseph Szczesny | Jul 15, 2020
A new estimate by analysts suggests the auto industry could be headed for another soft patch as the surge of COVID-19 sweeps across the Sunbelt, where some of the largest markets for new cars are located. “The surge in COVID-19 cases across the country is negatively...
