by Michael Strong | Aug 17, 2020
Fiat Chrysler engineers must love number higher than 700 as the debut of the new 2021 Ram TRX is the latest FCA product sporting horsepower numbers beyond that threshold at 702 hp. The new TRX, powered by a 6.2-liter supercharged Hemi V-8 engine, follows the new...
by Paul A. Eisenstein | Aug 17, 2020
This is turning into a big year for the EV market, as an array of new offerings, from the Porsche Panamera to Ford Mustang Mach-E, roll into showrooms. But only one new entry seems to have buyers plugging in at any significant volume: the Tesla Model Y. A look at the...
by Michael Strong | Aug 14, 2020
Just days after a California judge ruled in favor of a state law that would force Uber and Lyft to classify their drivers as employees and not independent contracts, the same judge declined to extend the deadline to appeal the preliminary injunction he issued staying...
by Joseph Szczesny | Aug 14, 2020
The fallout from the dieselgate scandal continues to climb for Daimler AG, which has agreed to pay more than $2.2 billion in settlements with U.S. authorities and a class-action lawsuit. The company expects to pay an additional “mid-three-digit million” euros in fines...
by Paul A. Eisenstein | Aug 13, 2020
Hyundai is one of the handful of automakers promising to remain in the sedan market even as millions of motorists migrate to SUVs and CUVs – which is why many of the Korean carmaker’s fans were surprised and disappointed to learn that it was dropping the Elantra GT...
by Joseph Szczesny | Aug 13, 2020
The Lexus LX 570, the largest sport utility vehicle in the Lexus line-up, is getting some refinements for the 2021 including new tech features and new trim inside and out. Lexus said its flagship SUV offers an updated Sport Package for the new model year, as well as...
by Paul A. Eisenstein | Aug 12, 2020
We’re seeing plenty of battery-powered hypercars lately, like the Rimac Concept Two and the Pininfarina Battista, but California’s Hyperion is taking a very different to going green with its new XP-1. Formally unveiled today, the startup’s first entry opts for...
by Paul A. Eisenstein | Aug 12, 2020
Lucid Motors, a California-based EV maker, plans to unveil its first production model during a web event next month, the Lucid Air set to go on sale during the coming model year. The startup is just one of a long list of new brands hoping to crack the U.S. market...
by Michael Strong | Aug 12, 2020
It’s been a tough year for new vehicle sales due to the pandemic, but they haven’t halted completely and used car sales have taken up some of the slack. In short, there are still buyers out there. Given the current state of the economy, some of those shoppers may be...
by Michael Strong | Aug 12, 2020
Tesla Inc. keeps on riding high, its share price rising 7.8% since the company announced a five-for-one stock split Tuesday. Trading at little more than $1,481 in early trading Wednesday, the split adding a little more fuel for the share’s continued rocket-like upward...
by Joseph Szczesny | Aug 12, 2020
Most parents don’t take nearly five months to name their new “child,” but it’s taken Hyundai and Aptiv, the big automotive supplier, that long to come up with the right one for the collaboration in autonomous vehicles they launched in March — Motional. The two words...
by Michael Strong | Aug 11, 2020
Automakers have been luring high-level executives from outside the industry for several years, and the tech industry struck back as General Motors CFO Dhivya Suryadevara is leaving to take the same role at Stripe, an online payment startup. Suryadevara was named chief...
