by Michael Strong | Jan 29, 2020
Tesla Inc. enjoyed its best year ever in 2019 and has bigger expectations for 2020, including producing more than 500K vehicles worldwide, positive net income going forward and limited production of the the company’s semi truck will begin. “We expect positive GAAP net...
by Paul A. Eisenstein | Jan 29, 2020
Lincoln is preparing to introduce its first all-electric model and is turning to Detroit-based start-up Rivian for help. The announcement confirms a report published by TheDetroitBureau.com last month. Neither Lincoln nor Rivian are offering specific details on the...
by Joseph Szczesny | Jan 29, 2020
Nissan Motor Co., which saw its U.S. sales drop 10% last year, is preparing to offer voluntary separation packages to older workers in the as it tries to resize itself to match lower sales. The Japanese automaker wouldn’t say how many employees it is targeting to...
by Joseph Szczesny | Jan 29, 2020
Analysts at TrueCar are predicting, just like in 2019, sales of new vehicles will get off to a slow start in January. Meanwhile, a new study from IHS Markit found the growth rate of those households with sedans acquiring sport-utility vehicles is slowing in the U.S....
by Paul A. Eisenstein | Jan 29, 2020
Genesis, the luxury brand spun off from Hyundai Motor Co., is finally set to fill the yawning gap in its line-up, the South Korean marque staging the official U.S. debut of the 2021 GV80, its first sport-utility vehicle, during a splashy event in Miami Beach. With...
by Michael Strong | Jan 28, 2020
Tesla Inc., by all accounts, enjoyed a stellar year in 2019, achieving new production and sales records while building a new factory in China and bring its battery operations in house. The California-based EV maker is going reveal just how good a year it was Wednesday...
by Paul A. Eisenstein | Jan 28, 2020
(This story has been updated to note that GM plans to increase charging speeds and range in steps as it rolls out its next-generation battery-cars.) Conventional wisdom suggests there are three major obstacles to widespread adoption of battery-electric vehicles: cost,...
by Paul A. Eisenstein | Jan 28, 2020
With more than 4,000 people in China now infected by the coronavirus and more than 100 dead, Chinese authorities are taking major steps in a bid to halt the spread of the disease, among other things limiting travel and shutting down some schools and factories where...
by Paul A. Eisenstein | Jan 28, 2020
Cadillac has big plans for its hands-free Super Cruise system, the luxury brand set to expand to three more models, including the redesigned Escalade, while also adding new functions, such as the ability to change lanes automatically simply by tapping the turn signal....
by Paul A. Eisenstein | Jan 27, 2020
General Motors will invest $2.2 billion in its 35-year-old Detroit-Hamtramck Assembly Plant, transforming an aged factory that had been set to close into one of the most modern in its global network. The transformation will be completed next year, GM President Mark...
by Paul A. Eisenstein | Jan 27, 2020
In today’s high-tech automotive world, horsepower is taking a back seat to processing power for many new car buyers. And, by that measure, the new Uconnect 5 infotainment system Fiat Chrysler is launching is the digital equivalent of the Dodge Hellcat. One of the...
by Paul A. Eisenstein | Jan 24, 2020
The White House is reversing itself on federal fuel economy standards, a draft resolution now calling for mileage to rise 1.5% annually through 2029 after originally scheduled to freeze at 2020 levels. The revisions come in the face of strong opposition from...
