by Joseph Szczesny | Aug 6, 2020
While autonomous vehicles hold great promise, the investment in the technology has shrunk substantially, the CEO and co-founder of a leading AV firm revealed at the Center for Automotive Research’s Management Briefing Seminars this week. Chris Urmson, a leading...
by Paul A. Eisenstein | Aug 5, 2020
Only days after saying the show must go on, the Specialty Equipment Market Association has tossed in the towel, announcing that it has cancelled the annual SEMA Show in Las Vegas. Originally scheduled to take place from Nov. 3–6, the event joins a long and growing...
by Michael Strong | Aug 5, 2020
It’s not just electric vehicle makers attracting investors these days as EV charging network company ChargePoint just secured $127 million in new funding, raising its total from investors to $660 million in just more than a decade. The latest round of funding is...
by Paul A. Eisenstein | Aug 5, 2020
These days, we hear words like supercar, hypercar and ultracar routinely bandied about. And there’s no question that this has become a golden age of performance. But if you trace things back you realize they all have a common heritage, the amazing McLaren F1 that...
by Paul A. Eisenstein | Aug 4, 2020
Mazda has made no secret of the fact that it’s finally – belatedly – getting into the EV game with the new MX-30, but when the automaker officially lifted the covers on the production model it did manage to deliver a surprise: the first version of the compact...
by Joseph Szczesny | Aug 4, 2020
The line between the luxury and mainstream segments is getting as blurry as the lines that define a batter’s box around the seventh inning of a major league baseball game. A case in point is the 2020 Hyundai Sonata Limited, a midsized passenger car that sits at the...
by Paul A. Eisenstein | Aug 4, 2020
Ford Motor Co. Chief Executive Jim Hackett will be stepping down on Oct. 1, with the automaker’s 58-year-old chief operating officer Jim Farley named to replace him. Ford has gone through a series of management changes in recent years, the second-largest Detroit...
by Michael Strong | Aug 4, 2020
Ford announced CEO Jim Hackett will retire this fall with newly appointed COO Jim Farley taking on the role after the departure. Hackett, 65, came to the automaker in May 2017 after a lengthy career as the top executive at Steelcase in Grand Rapids succeeding Mark...
by Michael Strong | Aug 3, 2020
The steady stream of EV makers looking to go public to raise funds got another player: Lordstown Motors, which will merge with DiamondPeak Holdings, a shell company, to make the shift. The new public automaker, which will build electric pickup trucks aimed at...
by Joseph Szczesny | Aug 3, 2020
With the threat of “Big Tech” looming over its business, automakers of all sizes are scrambling to shore up their capability to compete in new areas that are likely to define the future of the auto industry. Toyota Research Institute – Advanced Development Inc., also...
by Michael Strong | Jul 31, 2020
Companies big and small have been touting “affordable” electric vehicles for years, and in the near tsunami of new models set to arrive on U.S. shores in the coming years, “affordable” doesn’t seem to be the descriptor one would attach to any of them. However, that...
by Paul A. Eisenstein | Jul 31, 2020
General Motors is partnering up with EVGo, the operator of the country’s largest electric vehicle charging network in a push to make it easier for EV owners to charge up quickly and easily. The two partners said Friday that they plan to add 2,700 high-speed public...
